MPC
MPC split over demand or supply in growth revivalJanak Raj, executive director at RBI believes that the revival could be in a different way.
- MPC minutes show RBI feels it may take years to repair economy
RBI governor Shaktikanta Das said only the agriculture sector is showing a silver lining.
- Waiting for MPC schedule could be costly and irreversible: RBI Guv
MPC meeting was advanced by two weeks and voted for a 40bps cut in the benchmark policy rate to 4%.
- Raise capital on anticipatory basis amid emerging vulnerabilities: RBI Governor to banks
It is crucial to raise capital and build buffers to ensure credit flow and resilience.
- Was RBI’s liquidity push what the financial markets needed?
The consecutive rate cuts by RBI are aimed at injecting more liquidity to the market.
- Zero growth, credit freeze, price rise, demand squeeze… RBI report shows economy in a tight spot
The silver lining, if any, comes from the agriculture sector, says RBI.
- Share market update: Bank, auto stocks slip after RBI cuts repo rate by 40 bps
The reverse repo rate has been reduced by a similar basis points to 3.35 per cent from 3.75 per cent earlier.
- Rupee slips 20 paise after RBI’s surprise rate cut
Das said inflation outlook is highly uncertain and India is seeing a collapse in demand.
- Most MPC members favoured 75 bps rate cut, show minutes
Many tools can be used to revive demand and stabilise financial markets, they said.
- MPC minutes: RBI Gov assigns top priority to arresting growth risks
Das termed the Covid-19 pandemic as an invisible assassin, which needs to be contained.
- Monetary policy measures not helpful in demand deficient economy: MPC member
A severe rate cut would not help when the demand in the economy is deficient, instead a fiscal stimulus package from the tax side would hel...
- Missing India inflation data turns focus to RBI forecast models
Policymakers will now rely on alternative surveys and in-house forecasting models to make sense of price trends.
- RBI may cut interest rates by 75 bps by March 2021: Fitch
RBI relaxed the 90-day non-performing asset (NPA) classification norms.
- Next RBI policy meeting on June 3-5
The MPC typically meets bi-monthly and comprises of six members.
- Inflation concerns prompted members to pause: RBI MPC minutes
Headline inflation, measured by CPI inflation, increased to 7.4% in December, highest since July 2014.
- RBI MPC may consider coronavirus impact on Indian economy: Report
The coronavirus outbreak has brought a large part of the world's second-largest economy China to a standstill and its impact has been felt ...
- Short-term yields slide after RBI action
Sovereign papers maturing in next three-four years yielded 20-26 basis points lower Friday.
- MPC will take call on rate cut; all options on the table to counter coronavirus blow, says Shaktikanta Das
Das’ assurance came at a time when the number of coronavirus cases in India jumped to 114.
- RBI appoints ED Janak Raj as member of MPC
Mumbai, Jan 29 () The Reserve Bank of India (RBI) on Wednesday appointed its Executive Director Janak Raj as member of the Monetary Policy ...
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