We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments
Beyond hype, if the Budget creates a platform for growth, the RBI will have to change the policy's stance, but that won't happen - now or even in April
The six-member MPC headed by RBI Governor is scheduled to meet for three days starting February 3. The resolution meeting would be announced on February 5
Monetary policy likely on hold for foreseeable future; Fed chief Powell says vaccination program key to economy
The reason why short-term rates have spiked is liquidity normalisation
RBI to restore liquidity operations timing to normal hours in a phased manner, to start with variable rate reverse repo window from Jan 15
The RBI must push the government to put the periodical rebasing of the CPI into the inflation targeting agreement
China, India, Russia and Mexico are among those predicted to cut their benchmarks even further. Only Argentina and Nigeria are forecast to raise rates
The cities include, Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, and Thiruvananthapuram
Govt and RBI should fix potential policy risks to inflation
Working papers don't necessarily reflect RBI's views, but invariably end up doing just that. This paper, by H K Behera and Michael Patra, could be one such
Maintaining 4 per cent inflation is appropriate for India as targeting a lower rate could impart deflationary bias to the monetary policy, said a Reserve Bank paper.
The current range of 2-6 per cent is valid till this fiscal year-end
While asset quality issues have an impact on the credit growth of the economy, better capital position of banks can negate the effect
All that happened in the markets today
From RBI Monetary Policy Committee meet to regulation on online content, here is the best of BS Opinion
Economists say inflation would average above 6 per cent this fiscal, and is unlikely to come down below 5 per cent before March.
Here's a selection of Business Standard opinion pieces for the day
The working paper titled ''Bank Capital and Monetary Policy Transmission in India'' said banks often face many structural and frictional issues which dampen the transmission of monetary policy
The path ahead also remains uncertain because it is closely tied to the path of the pandemic curve