Page 4 - Mpc Meet

MPC meet: RBI will reiterate the need for right policy mix, says expert

As India's early-stage recovery has been derailed by the second wave, the MPC will continue to focus on growth and maintain the status quo on policy rates and liquidity stance

Top Headlines: CBSE Class 12 Board cancelled, Maruti's sales take 71% hit

Our top headlines Wednesday track the Indian economy

A no-action policy with focus on growth

'Unwinding' is unlikely to happen before the third quarter of this year even if we don't mess up in tackling a possible third wave of Covid; rate hike may have to wait for next year

RBI commits to OMO calendar, leaves key policy rates and stance unchanged

Despite the surge in Covid-19 infections, the growth target also remained unchanged at 10.5 per cent for the fiscal, but inflation was tweaked upwards slightly

RBI balances liquidity absorption with calendar on bond purchase

Central bank announces variable rate reverse repo auctions (VRRR) to suck out liquidity

RBI has been pragmatic on growth; ring-fenced the liquidity issue

The focus was to be more on the language of the RBI on growth and inflation. Here, the RBI has been pragmatic on growth with a forecast of 10.5 per cent for fiscal 2021-22 (FY22), which is quite timel

Inflation range of 2-6% is appropriate for monetary policy: RBI report

Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank

Big reforms: RBI gives retail investors direct access to govt bonds market

India, in fact, will be the third nation in the world after the United States and Brazil, where retail participants can take direct exposure on the government bond market

Monetary policy: RBI to roll back CRR cut in phases, assures liquidity

RBI keeps repo rate unchanged at 4%, pegs FY22 GDP growth at 10.5%

RBI to restore cash reserve ratio in 2 phases to 4% over improved liquidity

The CRR is the percentage of the total deposit that banks have to mandatorily park with the apex bank

One nation one ombudsman: RBI to integrate consumer grievance redressal

There are dedicated ombudsman schemes devoted to consumer grievance redressal in banking, non-bank finance companies and digital transactions, respectively, at present

RBI extends deadline for last tranche of capital conservation buffer

The capital conservation buffer ensures that banks have an additional layer of usable capital that can be drawn down when losses are incurred

RBI holds rates over inflation, assures ample liquity for stressed sectors

Das said the economy was rebounding faster than expected from a coronavirus-induced slump earlier in the year but warned signs of recovery were far from being broad based

RBI policy: Clearly more sanguine on growth, but cautious on inflation

The curious message we get form the statement is that inflation is no longer the only target and we are back to the old days when both growth and inflation were targets for monetary policy

RBI keeps repo rate unchanged at 4%; maintains accommodative stance

The RBI MPC voted unanimously to keep the key policy rate unchanged

RBI likely to keep rates unchanged amid high inflation, signs of recovery

The six-member Monetary Policy Committee is forecast to hold the benchmark repurchase rate at 4% Friday

It might take years for GDP to regain lost output: RBI MPC member

The Reserve Bank of India releases minutes of the October 7-9 meeting of its monetary policy committee.

RBI MPC votes to keep key rates unchanged, maintains accommodative stance

Mood of the nation has shifted to confidence & hope, says RBI Governor Shaktikanta Das

How the three members in the new MPC plan to track CPI inflation

Business Standard brings you their take on G-secs, poverty and even blockchain

Jayanth Varma, Ashima Goyal, Shashanka Bhide: New members of RBI MPC

The three new members represent a diversity of experience and have engaged with policy making through their careers