Page 5 - Monetary Policy Committee

RBI begins policy normalisation; maintains status quo on rates

Retains accommodative stance, FY22 growth forecast; lowers inflation projection

RBI keeps rates on hold to support recovery, 'sail towards normal times'

Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%

Towards policy normalisation

A delay by RBI could increase risks

Are Indian stock markets already pricing in the outcome of the RBI policy?

The Reserve Bank of India's three-day monetary policy committee (MPC) meeting ends on Friday. How will the markets react to the RBI Policy meet? What's priced in and what's not? Let's find out

TMS, Ep 15: Business impact of Facebook outage, Subbarao on economy, & IPOs

How deep is Indian businesses' dependence on Facebook and WhatsApp? What does RBI ex-governor Subbarao think of $5-trn economy goal? What are markets expecting from the RBI policy? All answers here

Oil price, Moody's improved outlook, low interest rates: Tough call for RBI

While the share of oil in India's import basket is as much as 22.5% currently, a falling rupee could fuel inflation and take the steam out of low interest rates

RBI MPC meets as energy crisis raises concerns about economic recovery

A lack of coal means factories could shut, while forcing India to import more fossil fuels.

Rupee slides, bond yields rise as crude prices hit seven-year high

The rupee was at 74.53 a dollar at 11.40am, down from its previous close of 74.31, as the dollar index crossed 94: its highest level since November 2020

MPC may opt for cut in liquidity, no rate hike: BS monetary policy poll

The RBI accepts overnight excess liquidity from banks at 3.35 per cent, its reverse repo rate

Inflation is moderating faster than foreseen, proves MPC's call right: RBI

The glide path should take inflation down to 5.7% in 2021-22; below 5% in 2022-23, and closer to 4% by 2023-24, said DG Patra

RBI deputy governor Patra sees FY22 inflation at 5.7% or lower

Economists say RBI likely to revise inflation forecast downward in October policy

Inflation pullback boosts RBI's easy money policy before Oct policy meeting

Consumer prices rose 5.3% last month from a year earlier, the Statistics Ministry said in a statement on Monday

Prioritising expenditure necessary in short term, says MPC member

Revival of the Indian economy would be sustained if the COVID-19 pandemic is under control, eminent economist Shashanka Bhide said on Sunday

Economic growth may not hold if private spend dips, say economists

Economists say revival will hinge on govt spending, policy support

Real test of monetary policy is in time of supply shocks: MPC 1.0 member

'Our collective decision was to record our views through the MPC minutes and not elsewhere,' says Chetan Ghate.

The liquidity conundrum

Only credit growth can help banks to get out of this liquidity drag. That can happen when growth is secured (and not through loan melas). But if it takes longer, risk of higher inflation becomes real

Maintain credibility

MPC should not ignore inflation risks

RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal

In a Q&A, Goyal, a member of RBI's Monetary Policy Committee, says reducing excess liquidity is at RBI's discretion and MPC members can only offer advice

Inflation pressure may build up again after Oct as economy revives: Experts

Retail price inflation falling in July to a three-month law could be a blip that disappears with rising consumer demand.

Tentative beginning

RBI's position is still fraught with risks