... between a harder forward premium and a sharp decline in the domestic rates
Of the 15 economists and market players who participated in the poll, two predicted a 50-basis point cut, while the rest anticipated a rate reduction by 25 bps
RBI is widely expected to go in for a 50 basis points rate cut at its review next week
Having cut rates, they may use this to strategically raise more term-liabilities
The general government debt of AEs as a group has surpassed 100 per cent of gross domestic product (GDP), whereas the fiscal space is also constrained in many of these countries
Das' statement comes in the wake of the US treasury department's recent currency report to the Congress
"It is necessary to have An effective interaction between the government and the RBI in the interests of the economy and the overall financial sector"
RBI's June 7 circular places onus on banks to take informed decisions while taking on exposure to the sector
They are going to cut rates in August and again later, mainly due to low growth and weak inflation, said an economist
The Reserve Bank's next policy review meet is scheduled to be held from August 5th to 7th
HDFC twins lose over Rs 45,000 cr in market cap
"We have to only see our domestic demand continues to be robust and ensure that there is a domestic demand revival and that remains strong"
Banks, according to the RBI, did not follow adequate credit appraisals, did not ensure the end-use of funds, or monitor the loans
Das said the central bank will provide a backup "if individual banks require additional liquidity"
After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for NBFC sector
The central bank receives data from banks, various other financial companies, as well as from the markets, says RBI Governor
Shaktikanta Das said companies in the crisis-hit non-banking finance companies need to develop on 'prudent lines' and focus on asset liability management
The probability of Shaktikanta Das continuing and completing the tenure should be extremely high
The RBI governor advocated a 25 basis points cut, showed minutes of the MPC
Asked about structural reforms in India in the past few years, the RBI governor listed the implementation of the GST and the IBC, among others.