Page 30 - Monetary Policy Committee

Flagging recovery

Another rate cut will not help at this point

Incentivising credit flows will be focus of RBI monetary policy: Expert

Reserve Bank of India's surveys of various economic indicators will be key inputs - specifically household inflation expectations - into the actual rate decision

Statsguru: Inflation to bond yields, key data ahead of MPC meeting

While the economy battling with the pandemic shock needs support, inflation continues to remain above the central bank's target band

RBI's MPC to meet next week to decide on policies for reviving growth

The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4 and announce its decision on August 6

Govt to come out with list of strategic sectors soon: FM Sitharaman

She said there could be various models to achieve minimum four PSUs in case of those falling under the strategic sector

RBI likely to leave repo rate unchanged in August policy meet: Report

The Monetary Policy Committee (MPC), headed by the RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6

Policy prudence

RBI should guard against risks to financial stability

RBI may go for further 25 bps rate cut in August policy meeting: Experts

The Monetary Policy Committee (MPC), headed by RBI Governor, is scheduled to meet for three days beginning August 4

M K Saggar to take over as ED in charge of RBI's monetary policy dept

This will also mean that Saggar will be included the six-member monetary policy committee (MPC) as an internal RBI member.

Data deficiency

Quality of numbers could affect economic policy response

MPC members see Covid-19 lockdown dealing a multi-year hit to economy

Demand impact will continue to weigh heavily on economic activity for some time, says Shaktikanta Das, but is optimistic about rural economy due to good farm harvest

Limited impact

Interest rate reduction may not push credit offtake

Last rate cut for now but there're more bullets in RBI's chamber

Following this, the reverse repo rate, or the rate at which the banks perk extra liquidity with the RBI, was reduced to 3.35 per cent from 3.75 per cent - both at their historic lows.

RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%

RBI extends the moratorium on loan repayments by three more months

Data deficiency

MPC will have to work with an incomplete inflation picture

How to bring banks back to the credit market

Concerted efforts are required from the central bank and the government

Letter to BS: RBI should take Monetary Policy Committee into confidence

RBI has to not only take MPC into confidence but has to see if ultimately the purpose of providing relief to the ailing sectors is served

Policy credibility

Monetary policy framework should not be undermined

The Indian version of quantitative easing

By resorting to the two-step OMOs, the RBI is managing the yield at both the shorter as well as the longer end

Can rate cut force banks to lend?

Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost