In response to each policy rate cut by the central bank, the bond market passed on the cuts almost immediately
Reserve Bank of India's repo rate is expected to remain unchanged during FY22, said Emkay Global in a report.
This is the fourth time in a row that MPC has decided to keep the policy rate unchanged at 4%. The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth
Given inflation pressure, there is no doubt that it would be difficult for the MPC to cut rates in the near-term
RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector
The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%
If Reserve Bank's rate cut pause has shocked you, blame it on inflation
If the central bank views asset purchases as a way to influence the waning quantity of money, then it should act now. Doing so may well save the day
Shaktikanta Das likely to initiate required steps in coming weeks
Past evidence has proven that transmission works best when there is positive banking system liquidity during rate cuts and tight liquidity during rate hikes
The Reserve Bank of India (RBI) while not tinkering with the key policy repo rate