RBI MPC minutes: Das says premature move may undermine success; Varma bats for rate cut & stance pivotReserve Bank of India (RBI) Governor Shaktikanta Das, explaining the decision to maintain policy repo rates, stated that premature policy p...
22 Feb, 2024, 05.30 PM IST
India 4% inflation focus may not signal 'higher for longer' rates -MPC's Varma, GoyalIndia's monetary policy committee (MPC) has reinforced the 4% retail inflation target, indicating that inflation is now within the desired ...
23 Oct, 2023, 12.30 PM IST
Prefer a stance in which words are consistent with actions: Jayanth Varma in RBI MPC minutesJayanth Varma, an external member of the Reserve Bank of India's rate-setting panel, has criticized the lack of consistency between the com...
20 Oct, 2023, 05.22 PM IST
Monetary policy tight enough to restrict food inflation spread: MPC member Jayanth VarmaJayanth Varma, an external member of the Monetary Policy Committee (MPC), believes that the current phase of high inflation in India will b...
26 Aug, 2023, 12.23 AM IST
Inflation readings to remain well above RBI's tolerance band for a couple months: MPC's Jayanth VarmaThe Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) member, Jayanth R Varma, has stated that inflation readings for the next ...
24 Aug, 2023, 05.33 PM IST
MPC's policy stance more and more disconnected from reality: Jayanth VarmaThe Monetary Policy Committee's (MPC) stance is becoming more and more disconnected from reality, said Jayanth Varma, as per the RBI minute...
22 Jun, 2023, 06.12 PM IST
More interest rate hikes done than necessary: MPC's Jayanth VarmaInflation or at least projected inflation would have to fall much closer to the target for the MPC to have the headroom to act against a gr...
22 Apr, 2023, 09.45 AM IST
MPC Minutes: War against inflation not yet won, premature to declare end to tightening cycle, says Jayanth VarmaTwo inflationary risks have come to the fore since the February meeting. The first risk emanates from the announcement of an output cut by ...
20 Apr, 2023, 06.27 PM IST
Cumulative impact of monetary policy actions still unfolding: RBI Guv Shaktikanta Das in MPC meeting"The cumulative impact of our monetary policy actions over the last one year is still unfolding and needs to be monitored closely," Das sai...
20 Apr, 2023, 06.25 PM IST
RBI MPC's Jayanth Varma calls 35 bps rate hike 'unwarranted'"Much of the impact of this large front-loaded monetary policy action is yet to be felt in the real economy. For these reasons, I believe t...
21 Dec, 2022, 05.57 PM IST
Need to put a pause to rate hikes given looming recovery fears, says MPC's Jayanth Varma"There is no denying that inflation is unacceptably high but the thing is that we have given a strong dose of medicine and the time has com...
17 Oct, 2022, 07.21 PM IST
Escalation of geopolitical tensions biggest risk to India's growth outlook, says MPC member Jayanth VarmaInflation and inflationary expectations appear to be moderating and high inflation will certainly not become the 'norm' in the country, Var...
24 Aug, 2022, 12.10 PM IST
MPC should drop its 'confusing' policy resolution, Member Jayanth Varma saysWithdrawal of accommodation cannot refer to the withdrawal of the pandemic era accommodation, but it can only mean withdrawal of the pre-pa...
19 Aug, 2022, 07.07 PM IST
MPC continued forward guidance for too long: MPC member Jayanth VarmaIn the minutes of the unscheduled meeting held by the Monetary Policy Committee (MPC) between May 2 and May 4, Jayanth Varma said that the ...
18 May, 2022, 08.40 PM IST
Some MPC members warn high liquidity may become opium for marketsMPC members Professor Jayanth R. Varma and Dr. Mridul K. Saggar highlighted concerns in the minutes of the MPC’s August policy meeting, tha...
20 Aug, 2021, 09.06 PM IST
Why Jayanth Varma voted against RBI's accommodative policy stanceThe minutes of the MPC released today shed light on the reasons behind his decision. Prog Varma said that the "balance of risk and reward i...
20 Aug, 2021, 07.57 PM IST
RBI MPC member says easy money today can lead to higher rates tomorrowProfessor Jayanth Varma was the only detractor among the six members of the Reserve Bank of India’s rate-setting panel and marked the first...
20 Aug, 2021, 06.10 PM IST