Page 13 - Monetary Policy Committee

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

Retail inflation falls to 6.58% in February as food prices cool down

The latest numbers could increase the clamour for a rate cut by RBI's Monetary Policy Committee in its next meeting in April

Happy birthday, inflation targeting

The Ministry of Finance and the Reserve Bank of India signed a Monetary Policy Framework Agreement on February 20, 2015

Policy transmission getting better, up by 20 bps in 2 months: RBI Governor

To keep inflation under specified level, the government in 2016 had decided to set up MPC headed by RBI governor entrusted with the task of fixing the benchmark policy rate (repo rate)

Should the MPC focus on core or headline inflation? RBI must debate

"Multiple objectives are not a good thing. They confuse the markets," said a senior economist not wanting to be quoted.

January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%

The index of industrial production (IIP) fell from a growth rate of 1.8 per cent, as the manufacturing sector slipped into negative territory again

Bankers, analysts welcome RBI's liquidity boosting policy measures

The market has taken the long-term repos worth Rs 1 trillion as the biggest developmental and regulatory step that came out of the blue, analysts said

Long-term repos aimed at helping banks cut lending rates: Shaktikanta Das

At the sixth bi-monthly policy announcement, where the policy rates were left unchanged, the Reserve Bank announced long-term repurchase agreements (repos) of one-year and three-year tenors

RBI policy: Monsoon and spending pattern hold key for economic revival

The MPC's action has not surprised as CPI inflation for December left little room for a rate cut

Rs 1 trillion repos to help better monetary policy transmission: RBI

The RBI has cumulatively cut the repo rate by 135 basis since February 2019 to a nine-year low of 5.15 per cent

RBI has many other tools to revive growth, not just interest rates: Das

The monetary policy committee (MPC) kept the policy repo rate unchanged at 5.15 per cent, continuing with the accommodative stance to revive growth

RBI raises CPI inflation to 6.5% for Oct-Dec, outlook 'highly uncertain'

Going forward, the inflation outlook is likely to be influenced by several factors like food inflation, crude prices and input costs for services, RBI said

Post Budget proposals, analysts see RBI holding rates in February MPC meet

Following the November print of 5.54%, RBI had sprung a surprise and opted to hold the repo rate at 5.15 per cent. It, however, continued with the accommodative stance as long as it was necessary.

RBI MPC starts meeting to decide new rates amid slowdown, rising inflation

The retail inflation that for several months remained in the comfort zone of the central bank has started inching up and crossed the 7 per cent mark during December 2019

RBI's pause and no change in stance may continue

A rate cut or even a hike can happen, if at all, in the second half of the next financial year

RBI appoints ED Janak Raj as member of Monetary Policy Committee

The government had in 2016 constituted MPC to set the benchmark interest rate

Janak Raj to succeed Michael Patra at RBI's monetary policy department

Patra will be part of the six-member monetary policy committee (MPC) as a deputy governor, and so will be Raj as an ED of the department. Raj would be part of MPC as an internal RBI member

CPI needs rejig

But MPC has reasons to not ignore headline inflation

Michael Patra gets monetary policy dept in new role as RBI deputy guv

All these departments, in the past six months, were being managed by the three deputy governors

Letter to BS: Govt measures must balance fiscal-monetary policy mismatch

The government will have to listen to the RBI's plea for supportive fiscal policy measures