Page 26 - Monetary Policy Committee

Risks beyond growth

RBI should not undermine the price and financial stability objectives

How long will the RBI continue with its extreme accommodative stance?

Status quo expected on Wednesday, but guidance will hold the key for bond market

Status quo policy likely with focus on growth

An OMO calendar will make bond dealers happy but a disinvestment or privatisation calendar by the government will be a more potent weapon to manage yield and push growth

RBI's multiple challenges

Attaining different objectives could become more difficult

Monetary policy: All eyes on RBI for orderly evolution of yields

Overall policy focus will remain on supporting growth through low and stable interest rates and abundant liquidity

Shades of status quo

Reversal of interest rate cut should have been avoided

2-6% retail inflation band has been working well since 2016, say economists

However, some want core to be monitored as well, MPC should be given leeway to choose target

MPC minutes: Unwinding high indirect taxes on fuel critical, says Das

Fall in inflation gives MPC room to continue to support growth in economy

Industrial output recovers by a small 1%, retail inflation at 16-month low

Experts say MPC may continue with accommodative stance in next nine months

Policy normalisation path

RBI will need to do a tough balancing act

An IWG taking a look at central bank digital currency: Das, Kanungo & Patra

RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet

Monetary policy: RBI doing exactly what AQR does, though unofficially

The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over

Monetary policy to stay accommodative in near term, but exit is near

Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support

MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme

RBI monetary policy: Govt told to cut fuel taxes to ease inflation concerns

GDP projection revised upwards, but lower than Eco Survey's

Monetary policy: Retail interest in G-secs may be limited, say experts

HNI participation may be gradual; mutual funds see little impact on fund flows

Govt, RBI's in-sync approach to economic growth inspires confidence

Street expecting across-the-board earnings acceleration in FY22

Bond market ko gussa kyun aata hai

Normally, the market eats out of the RBI Governor's hands but the size of the govt borrowing is killing its risk appetite

Monetary policy: Rising yields a worry and RBI should act, say bond dealers

Rise in interest rates could hit corporate earnings, hinder economic recovery

RBI's monetary policy committee starts deliberations on interest rates

The committee is likely to hold interest rates steady and continue with an accommodative policy stance