Page 4 - Rbi Mpc

Sending a signal: RBI should consider raising rates, even if by 25 bps

There is no room for overconfidence on the inflation front.

RBI monetary policy review: Bad loans limit banks from passing on rate cuts

Banks charge higher premiums on loans despite benefitting from a consistent regime of low-cost funding

RBI holds rate, cuts H1 inflation forecast to 4.7-5.1% on lower food prices

RBI lowered its inflation projection sharply from previous forecasts, but flagged risks on the upside on revised numbers

RBI's powers will be discussed with govt: Urjit Patel and senior officials

Urjit Patel says HRA revisions have to be excluded from CPI index, but, if there are second-round effects, RBI will take those into account

Rate hold by MPC is justified by a confluence of risk

The current spike in vegetable prices is likely to be transient, but consumer inflation expectations have remained sticky at high levels

Patel pushed 0.25% repo rate cut to 6%, transmission by banks: MPC minutes

He argued that low food prices were unusual, vulnerable to upward pressures

Govt nominees on RBI MPC to get Rs 1.5 lakh a meet, reveal assets every yr

All MPC members will need to observe a silent period of 7 days before and after the rate decision