Tag: Reserve Bank

India’s inflation situation ‘very alarming’; needs better curation of policy between RBI, FinMin: Kaushik Basu

India’s wholesale price-based inflation is at a 30-year high, leading to a “very alarming” situation for the country, former World Bank chief economist Kaushik Basu...

RBI: Policy transmission improves post external benchmarks

Transmission of policy rates through both lending and deposit rates improved since the Reserve Bank introduced external benchmark linked lending rate, according to study by...

Financial inclusion will continue to be a policy priority after pandemic: RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das on Thursday said financial inclusion will continue to be a “policy priority” for the central to make the post-pandemic recovery more...

Explained: Why did Modi government form a new cooperation ministry

(This story originally appeared in on Jul 11, 2021) NEW DELHI: The Modi government’s announcement to create a separate ‘Ministry of Co-operation’ has come as...

deutsche bank: GSAP 2.0 could be scaled down by December if support isn’t required: Kaushik Das, Deutsche Bank Research

For the second half of the financial year, RBI has increased the growth forecast quite significantly and therefore once we go to the October-December quarter,...

Why credit growth hit a 59-yr low in FY21? AAA-rated papers were 46 bps cheaper than bank rates

One of the reasons for bank credit growth to plunge to a 59-year low in FY21 could be that the higher (AAA & AA+)-rated companies...

Normal monsoon should help contain food price pressures, says Shaktikanta Das

Despite admitting to price pressures both from food items and input prices, RBI Governor Shaktikanta Das on Wednesday hoped that a normal Southwest monsoon will...

Introduction of bad bank can make existing ARCs more effective: RBI paper

Introduction of a bad bank may help “shape the operations” of the existing asset reconstruction companies (ARCs), an RBI paper said on Monday, noting that...

Rising Covid cases to help in pushing accommodative policy

Mumbai: Rising COVID-19 cases may come in handy for the Reserve Bank of India to reiterate its accommodative stance to push growth despite rising inflation...

Stock Market: Jayesh Mehta on what rallying global bond yields mean for Indian market

I expect that we will see a clarification from RBI that even at 5% inflation, if they need to cut the rates, they can cut...

All remaining 18,000 bank branches to be under CTS by Sep: RBI

MUMBAI: As part of further improving, speeding up and fool-proofing the payments and settlement systems, the Reserve Bank on Friday said all the 18,000-odd branches...

India within striking distance of attaining positive growth: RBI January bulletin

MUMBAI: India’s GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter “V” in the V-shaped recovery...

Higher NPAs hinder monetary policy transmission: RBI paper

MUMBAI: High incidence of non-performing assets (NPAs) in banks acts as a major roadblock in transmission of monetary policy actions of the Reserve Bank, a...

RBI sees economy shrinking 9.5% this fiscal, announces fresh measures to arrest the downtrend

In a grim message for the economy, RBI governor Shaktikanta Das said today at the central bank’s monetary policy meet that India’s GDP for FY21...

Centre’s ‘Atmanirbhar Bharat’ campaign shouldn’t result in protectionism, says Raghuram Rajan

NEW DELHI: Former Reserve Bank governor Raghuram Rajan on Wednesday said the ‘Atmanirbhar Bharat‘ campaign of the government should not result in protectionism, adding that...

RBI: RBI, government in right direction to keep economy moving: Axis Bank CEO

New Delhi: The Reserve Bank and the government are in the right direction to keep the economy moving and signs of revival in the banking...

Latest stimulus package among largest in the world

The mega Rs 20 lakh crore stimulus package announced on Tuesday by Prime Minister Narendra Modi includes previously announced measures to save the lockdown-battered economy,...

Finance Minister Nirmala Sitharama to meet PSU bank chiefs on Monday; to review credit flow

NEW DELHI: Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) on Monday to discuss various issues, including...

Banks lend whopping Rs 1.15 lakh crore to NBFCs in March

Banks’ lending to Non-Banking Finance Companies surged in March, the highest on month since 2008, as the shadow lending industry bulked up before the financial...

Fiscal Deficit: Govt, for now, must not worry about fiscal deficit or debt: Rakesh Mohan

Mythili Bhusnurmath: We were discussing the various aspects of the pandemic and what can be done in terms of fiscal and monetary policy. You spoke...

stocks to pick: Which stocks should you look at now? Ashwini Agarwal explains

How are you keeping yourself calm in this kind of a time? Long term investors are insisting to not panic and that it is time...