Page 13 - Monetary Policy

Status quo policy regardless of late MPC member induction: Experts

While new members will be domain experts, it would be too early for them to properly grasp of the situation once they get to see a tiny picture of the real economic scene at hand

The year unconventional monetary policy turned conventional, India to US

With the global recovery still uncertain and the virus set to leave scars on employers and employees, the likelihood is that monetary policy will stay ultra-loose for years to come

New monetary policy framework critical, robust evolution: US Fed vice chair

The Fed's new framework noted that policy decisions going forward will be based on the FOMC's estimates of "shortfalls of employment from its maximum level,"

Best of BS Opinion: Fort Narendra Modi, old times in Sri Lanka, and more

Business Standard opinion pieces for the day talk about, among other things, how the government is performing

RBI governor for judicious use of monetary action in future: MPC minutes

After a three-day brainstorming earlier this month, all the six members of the Das-headed Monetary Policy Committee (MPC) had opted for a status quo and left interest rates unchanged

Media often captures sentiments correctly ahead of monetary policy: Study

Media often captures the sentiments correctly ahead of monetary policy announcements by the central bank, says a study by the Reserve Bank of India officials.

Special market ops can be useful for monetary policy transmission: RBI

OT involves buying of GSECs with longer-term maturities -- ten years and five years -- and selling of shorter-term GSECs of original/ residual maturities of one and three years

Rollback time: What didn't work for govts earlier will not work even now

Long discarded policies like deficit monetisation, loan restructuring, higher tariffs and import licensing had not yielded great results even the first time around, points out T N Ninan

Best of BS Opinion: RBI's right call, India-China tensions, and more

Here's a selection of Business Standard opinion pieces for the day

RBI hits pause button on monetary policy, applies balm on Covid-19 wounds

Decides to use future rate cuts "judiciously to maximise beneficial effects", gifts India Inc and individuals loan restructuring to ease pandemic-induced stress

RBI's MPC begins deliberations on monetary policy, decisions on Aug 6

The central bank has been taking steps proactively to limit the damage to the economy caused by the pandemic and lockdown

Rate cut unlikely but a dovish policy on the cards

For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action

RBI's Hamletian dilemma

The relationship between monetary policy and inflation is not reliable in a crisis, creating a classical problem for the central bank

What ails Indian banking, according to Viral Acharya

Some of India's top-rated firms do not always make payments on time and many state-owned, listed entities that borrow in bond markets default regularly

Interest rates to processing fee, RBI brings relief for loan app borrowers

The new rule book should bring down interest rates and improve recovery methods

Monetary policy for exceptional times

Monetisation of deficit is unlikely to spark inflation

Slow rate cut transmission hurting returns on HAM projects: India Ratings

The RBI has slashed repo rates by almost 200 basis points since June 2019 from 6.25 per cent to 4.25 per cent to ensure availability of cheaper credit

Slowdown blues: RBI rate cuts not effective anymore, say analysts

Analysts want RBI to look at 'unconventional' monetary policy measures for a revival nudge

Looking beyond the rate cut

Credit guarantees from government, deficit financing by the RBI and an HTM hike for banks are the only solutions that can get the wheel of credit and investment rolling

RBI buttresses earlier position forcefully; economic forecasts conservative

The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%