Central banks of the world are implementing coordinated rate reduction but such convergence is neither new nor permanent
From crypto concerns to policy normalisation, deposit insurance, Shaktikanta Das' reappointment as RBI governor and Citi's India exit, here are the key developments in for the financial sector in 2021
IPO bound foreign inflows as well as buoyant stock markets are likely to strengthen the Indian rupee in 2022.
Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.
The country's monetary policy is, by design, financially inclusive and this strategy will result in policy effectiveness and welfare maximisation going ahead, Deputy Governor Michael D Patra said
It can be argued, out of common sense, that those who desperately needed liquidity during the pandemic got it, which should prompt RBI to increase the repo rate by a small amount
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The US Treasury report on Friday said that Vietnam exceeded its trade surplus, current account and foreign exchange intervention thresholds
In case of the real growth trajectory, the trend GDP after the Covid shock continues to remain flat.
The six-member monetary policy committee of the RBI will meet from December 6-8 to review the policy
The European Central Bank (ECB) must not rush to tighten its monetary policy since the elevated inflation rates look transitory, the bank's President Christine Lagarde said
The month saw 127 deals, 28 per cent higher than last year (92 deals) but 5 per cent lower than the previous month (134 deals)
The low interest rate phase hasn't really helped investors or investment; Covid-19 was actually a supply side shock
Here are the 10 important events, policy decisions that Das undertook after becoming the 25th governor of the RBI on Dec 12, 2018
While it is true that institutions are more important than the person, ideology and approach of Governors of central banks are important
We remain cautious that reviving demand could embolden pricing power, allowing a faster transmission of the supply-side pressures to core inflation
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
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Gandhi also pointed to RBI DG Michael Patra's recent statement, where he made it clear that the central bank will prefer to have a clearly communicated glide path rather than taking any strong actions
The government will have to act swiftly in correcting the protectionist stance and fast-tracking trade agreements, experts said on Tuesday.