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RBI DISSENT
RBI MPC: Lone dissent was more hawkish this timeThe Monetary Policy Committee (MPC) decided to lower the policy repo rate by 50 bps to 5.50 percent, with one member dissenting for a small...- Six-member board to regulate payment systems: RBI notificationThe RBI governor will head a six-member Payments Regulatory Board (PRB), including three central government nominees, to regulate and super...
- One 2 ka 4? The growing rebellion inside RBI’s rate teamRBI MPC Policy Rate Cut: The Reserve Bank of India's Monetary Policy Committee (MPC) welcomed new members in October. Two of these new memb...
- Surprise Dissent! Who's the new rebel in RBI's monetary policy team?The RBI appointed three new external members to its monetary policy committee, who influenced the shift to a 'neutral' stance on growth, de...
- Demonetisation 'unlawful', says dissenting SC judgeThe dissenting ruling goes on to state that "the proposal for demonetisation arose from the Central Government and therefore, could not be ...
- Wrong to say SC has upheld demonetisation, verdict does not deal with outcomes: CongressThe dissenting verdict on demonetisation is a "slap on the wrist" of the government as it has pointed out the "illegality and irregularitie...
- MPC's communication: How disparate perspectives can bring about better & more informed outcomesMonetary policy scholars point out that anchoring Indian inflation expectations may not take time if central bank communications are good a...
- Jayanth Varma, the lone dissenter on RBI's policy stanceThe policy statement noted that the recovery remains uneven across sectors and needs to be supported by all policy makers. The Reserve Bank...
- NCLT indicts PSBs on insolvency mandatesIt has indicted the dissenting banks for failing to clearly spell out their alternatives instead of just dissenting the resolution plan.
- Jalan panel on ECF to meet again this monthWith a new member, the committee will reconsider if it should submit its recommendations which were not unanimous.
- Subhash Garg's early retirement may delay Jalan report furtherThe Bimal Jalan led panel on ECF might have to meet again since the final report hasn't yet been signed, an official said.
- Jalan report on RBI surplus to get further delayed with Garg seeking early retirementPanel members may meet again, this time with new EAS Chakraborty, since the final report was not signed.
- RBI objects to payments regulator outside its controlThere is no case of having a regulator for payment systems outside the RBI.
- Central bank makes dissent public, insists on payments board controlThe RBI wants PRB to be under its purview instead as had been stated in the Finance Bill of 2018.
- SBI, others to sign inter-creditor pact todayInter-creditor agreement (ICA), on the other hand, talks about binding minority lenders in implementing a proposal if 66% lenders agree to ...
- 56 lenders to sign inter-creditor agreement in a few daysThe agreement — based on a recommendation by the Sunil Mehta committee that looked into resolution of stressed assets — aims to deal with b...
- Chorus of dissent against budget grows: ChidambaramIn a series of tweets, the former finance minister cited criticism of aspects of the budget by Arvind Panagariya, Rathin Roy, Surjit Bhalla...
- This IIM professor is the lone dissenter in RBI's MPC who is fighting for a rate cutIn June, MPC broke ranks for the first time when it voted 5-1 to keep interest rates unchanged and Dholakia voted for a hefty 50-basis poin...
- Wrong move, RBI!Far from suppressing dissent - RBI is not the Army!
- Fight against Re free floatThe red brigade’s opposition to capital account convertibility may be bolstered by an unlikely entity - the Reserve Bank of India.
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