Das said that it will 'actively' manage the liquidity in the economy. The central bank will undertake open market operations to do so
Regulator will also harmonise rules for internal ombudsman mechanism of REs
Market participants believe that the transmission did not occur because surplus liquidity in the banking system remained high due to several reasons, including the withdrawal of the Rs 2,000 banknote
MPC keeps repo rate unchanged; retains growth, inflation forecast
RBI has allowed NBFCs in the middle and base layer to offset their exposures with eligible credit risk transfer instruments
The Reserve Bank will announce the next bi-monthly monetary policy on December 8
RBI policy: In the last bi-monthly announcement in August, the MPC decided to keep the benchmark repo rate unchanged at 6.5% for the third time in a row. Check all LIVE updates for today's MPC here
Experts have said that RBI is likely to keep the repo rate unchanged at 6.5 per cent in view of elevated inflation and other global factors
'A lot would depend on the RBI and liquidity. There is a glide path for yields now'
The Reserve Bank of India, in its policy meeting in August, mandated that banks maintain an incremental cash reserve ratio of 10 per cent on some deposits
Still, the rupee has been trading close to its record low of 83.29 to the dollar as traders bet against Asian currencies
All 38 economists in a Bloomberg survey expect the Reserve Bank of India's six-member monetary policy committee to keep the repurchase rate unchanged at 6.5 per cent for a fourth straight time
He also worked as the Adviser to the Executive Director at the International Monetary Fund from 2012 to 2015
Dealers estimate that state-run banks sold approximately $500 million on behalf of the RBI
To merge Fintech for capital infusion in the bank, lower promoter stake
Supply-side issues will complicate policy choices
The group's mandate includes outlining the principles banks must follow when creating credit risk models for evaluating and quantifying expected credit losses
Annual retail inflation in August was 6.83%, easing from 7.44% in July -- a 15-month high -- but remained well above the central bank's 2%-6% comfort band
The deficit liquidity neared Rs 1.47 trillion on 19 September, the highest since 29 January 2020, when the banking system liquidity deficit went up to Rs 3 trillion
Fiscal consolidation must take precedence in the upcoming Budget, even if it's an interim one