Page 27 - Monetary Policy

Why more monetary easing is on the cards

Any change in the value of the new external benchmark mandated by the RBI will find expression in bank lending rates far more quickly than has been happening until now

After SBI, RBI Guv says all banks should link loans, deposits to repo rate

Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt

How to make the horse drink water

For ideal monetary transmission, we need two benchmarks - one for loans and another for deposits

Monetary policy review: RBI may cut rate, but commentary will be cautious

Economic and markets indicators are increasingly signaling a slowing economy, but an even greater worry is a weakness of both consumer and investment sentiment

Monetary policy: RBI likely to change stance to 'neutral' on Thursday

A softer stance would bode well for Prime Minister Narendra Modi's government, which wants to boost lending and lift growth as it faces elections by May

External benchmark linked loans to save Rs 12,500 cr in interest costs

"In the current downward interest rate cycle, the shift to repo rate based external benchmark could bring savings worth Rs 12,500 crore in interest expense"

The era of cheap money shows no one knows how monetary policy works

In the cheap-money era, now into its second decade in most of the developed world (and third in Japan), there's been plenty of borrowing. But it's been governments doing it

Fiscal Yin, monetary Yang

Monetary policy attempts to rein in governments so that the bond markets can bloom, at the cost of the voter

Run-up to monetary policy: Neutral is best gear for now, says Sonal Varma

The divergence between low food and elevated core inflation continues

Time to improve the fiscal architecture

To chip away at the fiscal dominance of monetary policy, it is important to focus on institutional design and process improvements

RBI's committee on interest rate sounds cautious on inflation

The six-member Monetary Policy Committee had unanimously decided to maintain the rates two weeks ago, while staying optimistic on growth.

Sarmistha Pal: Why Demonetisation?

Sarmistha Pal examines whether the current government's stance in tackling black money has significantly differed from its predecessor

Monetary policy and inflation

It's not monetary policy determining inflation and employment rates; it's the other way around

The world's most radical experiment in monetary policy isn't working

Deflation is bad for an economy because it undermines economic growth

RBI signals end to rate cuts as inflation risks rise

Downplays note ban impact, changes policy stance to 'neutral' from 'accommodative'; bond yields soar

There is no question of trust deficit being breached: Urjit Patel

Excerpts from post-monetary policy media interaction with RBI governors

As rate cut hopes grow, some warn of going too far

Most economists believe the RBI will cut the repo rate by 25 basis points (bps) to a six-year low of 6.00 percent at a policy review

Deepak Lal: Money mischief

Presumed decline in Wicksell's natural rate of interest is because of the asymmetric monetary policy followed by advanced economies

Borrowers will need to wait 3-6 months for rates to come down

Banks feel that significant transmission of rate cuts will start after one or two quarters

RBI's monetary policy panel pares rates as Urjit Patel takes stage

The repo policy rate is now at its lowest since November 2010