Page 29 - Monetary Policy Committee

Performance of MPC 1.0 between 2016 and now explained in three charts

The economy and the affairs between RBI and govt were tumultuous in the four years to 2020. Business Standard takes a look at MPC's performance and its consonance with major macroeconomic indicators

Short of MPC members, RBI announces deferring monetary policy meeting

The central bank didn't give any reason, but the external members for the MPC have not been appointed by the government.

No rate cut, all eyes on RBI's GDP projection

Lower inflation next year may open the space for rate cut, but for now the challenge is seeing through the government borrowing and keeping the bond yield low

Status quo policy regardless of late MPC member induction: Experts

While new members will be domain experts, it would be too early for them to properly grasp of the situation once they get to see a tiny picture of the real economic scene at hand

New external MPC members to be announced by Sept 28; extension ruled out

After exploring the possibilities, a decision has been taken to appoint a fresh team of external members, a senior finance ministry official said

Three external members of MPC may get a short extension next week

The pandemic situation has prompted the move even as the search committee is looking for fresh external candidates, according to the government sources

RBI steps into bond market with Operation Twist to cool down yields

Under the mechanism, the apex bank buys long-term bonds and sells short-term bonds. This cools down long-term yields, raises short-term yields, but keeps liquidity neutral

Best of BS Opinion: Farming on the cusp of change, corporate results & more

Here's a selection of Business Standard opinion pieces for the day

Can the Reserve Bank talk the bond yield down?

Why are the bond yields hardening when there is ample liquidity in the system and RBI is willing to do anything to ensure a non-disruptive market borrowing by the government?

Monetary policy in the pandemic

There is a need for institutional reforms in financial sector

Monetary policy path

Central bank may not cut rate in the near term

Extreme economic uncertainty but worst could be over, says outgoing MPC

Even when it improves, the expectation is one of slow, hesitant recovery, with the situation likely to worsen before it gets better

Top headlines: RBI's first MPC ends its term, SC on Prashant Bushan, more

Business Standard brings to you a snapshot of events which made it to the headlines today

RBI governors don't need an MPC but a helpful finance minister

An Monetary Policy Committee is not needed unless you want to decorate your central bank

MPC fared well but the new group should do better, say economists

There is no provision for extension of tenure of external members, and it is likely that the govt will appoint new ones

CPI-based inflation above MPC comfort range for fourth straight month

Official data released on Thursday showed that CPI for July rose 6.93 per cent year on year, up from 6.23 per cent in June

Wanted: An MPC with more power and 'flexibility'

The members can come from diverse backgrounds such as finance, labour and economics, and must have a say in the entire interest-rate architecture

RBI's right call

Policy rate pause and debt recast window make sense

A non-monetary policy, par for the course

Rate cut off the table for now; focus is on other measures to ease stress in system

RBI policy likely to address the issue of financial stability: Expert

The issue of financial stability in monetary policy has always been an unsettled issue, ever since the global financial crisis