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
The RBI's monetary policy review on October 1 and auto sales numbers would be among the key events for investors
Tackling inflation with monetary policy is like trying to move boulders with eyebrow tweezers
The RBI increased from 75 per cent to 90 per cent the permissible loan-to-value ratio (LTV) for banks to give loans against pledge of gold ornaments and jewellery for non-agricultural purposes
The committee highlighted that inflation risks emanate from supply chain disruptions, high vegetable prices, increased taxes on fuels, and volatility in financial markets
Policy rate pause and debt recast window make sense
Rate cut off the table for now; focus is on other measures to ease stress in system
As many as 666 villages have been affected by floods across 17 districts of Uttar Pradesh, and major rivers are flowing above danger mark. Stay tuned for latest news live updates
High consumer inflation likely till September
There has been a criticism that the excess liquidity framework helps lower the cost of borrowing for the government as the yields on bonds go down
All that happened in the markets today
The RBI will constitute an Expert Committee which shall make recommendations on the required financial parameters, along with the sector specific benchmark, to be factored into debt resolution plans
At present, loans sanctioned by banks against pledge of gold ornaments and jewellery is up to 75% of the value of such items
Here are 10 key takeaways from the RBI governor's presser
Lenders allowed to provide a restructuring facility on some loans that were standard as on March 1 this year
BofA says the RBI will not only cut rates now, but will follow it up with another 75 bps cut in rest of the financial year 2020-21 (FY21)
Governor Das has recently turned his attention toward the fragile financial sector amid forecasts for a sharp rise in bad loans
Here are the top 10 business headlines on Tuesday morning
Contracting economy, rising bond supply, inching up of long-term rates reduce prospects of successive rate cuts
This will also mean that Saggar will be included the six-member monetary policy committee (MPC) as an internal RBI member.