Page 59 - Rbi Policy

Economic recovery on rough patch, second Covid-19 wave may dampen prospects

Gaps in recovery have been surfacing after the resurgence in new cases due to Covid-19 second wave, but the moderation in the pick-up seems to have begun well before.

The pivot of monetary policy has shifted squarely to growth

It is only next year when RBI expects growth to increase to 6.8 per cent that repo rate will be raised

Market impact of positives from the MPC meet may be seen with a lag

Overall RBI monetary policy was on expected lines and the policy statement highlighted its commitment to do whatever it takes to ensure financial stability

RBI balances liquidity absorption with calendar on bond purchase

Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity

Bank of Baroda, SBI: How to trade rate-sensitive stocks post RBI policy

Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.

Liquidity support, bond yield management: Key takeaways from RBI Policy

RBI monetary policy 2021: The recent surge in Covid-19 infections, however, imparts greater uncertainty to the outlook, RBI governor Shaktikanta Das said today

RBI allows card issuers, white label ATMs to take direct membership in CPS

Central payment system constitutes real-time gross settlement (RTGS) and national electronic fund transfer (NEFT).

RBI has been pragmatic on growth; ring-fenced the liquidity issue

The focus was to be more on the language of the RBI on growth and inflation. Here, the RBI has been pragmatic on growth with a forecast of 10.5 per cent for fiscal 2021-22 (FY22), which is quite timel

RBI keeps repo rate, reverse repo rate unchanged at 4% and 3.35%

RBI retains its growth outlook for the fiscal year started April 1 at 10.5%, unchanged from its February outlook.

Indian shares inch up ahead of central bank rate decision

Indian shares inched higher on Wednesday, ahead of a RBI decision that could leave interest rates at record lows, as a surge in coronavirus cases sparked fears about the impact on economic growth

How long will the RBI continue with its extreme accommodative stance?

Status quo expected on Wednesday, but guidance will hold the key for bond market

MPC to maintain accommodative stance at least in the next two reviews

The disconcertingly sharp new wave of Covid-19 cases has reignited uncertainty regarding the economic outlook in the immediate term

Increasing policy challenges

RBI should not digress from maintaining price stability

Dealing with cost-push inflation

At present, an important reason for the large leeway around the inflation target lies in the behaviour of the prices of oil and food, which can push prices more generally

RBI's policy responses to support economy weren't very impactful: Study

At best, the RBI stopped a sharp spike such as the one witnessed after the global financial crisis

RBI should be free to unilaterally decide on reverse repo, MSF: Report

The currency and finance report, which the central bank claims is not its official view, says the RBI must retain the freedom to tweak the reverse repo and MSF rate for liquidity management purposes

Policy normalisation path

RBI will need to do a tough balancing act

Govt, RBI's in-sync approach to economic growth inspires confidence

Street expecting across-the-board earnings acceleration in FY22

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively

RBI's monetary and Centre's fiscal policy are moving hand-in-glove

RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP