Here are the top BS Opinion articles of the day
Former RBI Governor D Subbarao said the concern today was that the low interest rates and the enormous liquidity available in the system could potentially disrupt financial stability.
Repo rate unchanged at 4%; stance 'accommodative'
RBI has the repo rate (the rate at which the RBI infuses liquidity into the system) and the reverse repo rate (the rate at which it sucks out liquidity) unchanged at 4 per cent and 3.35 per cent
The rates - whether repo or reverse repo - present a particular stance. They are reflective of the stance adopted by the RBI, said RBI Governor Shaktikanta Das
RBI's decision to raise limits under the Voluntary Retention Route (VRR) will provide additional sources of capital for the domestic debt market, according to market players
The RBI policy statement of status quo has a clear distinction between policy strategy and policy stance and can coexist simultaneously
Bond yields, which shot up significantly after the Union Budget announced a larger-than-expected borrowing, got some relief after the central bank delivered an extremely dovish policy
Monetary policy will not drive growth
RBI's additional measures for MSMEs, contact-intensive sectors and digital transactions augurs well for the overall economic health, financial market participants said on Thursday.
Rampant corruption, double digit inflation, policy paralysis were part of the dark age under Congress rule, says Sitharaman
The new timings for the fixed rate reverse repo operations and MSF operations will be from 1730 hrs to 2359 hrs, said RBI in a statement
The rates represent a particular stance with regard to the monetary policy and the committee decided to continue with the accommodative stance, said RBI Governor Shaktikanta Das
Rupee opened at 74.90 against the American dollar, and later witnessed an intra-day high of 74.88 and a low of 75.05 against the greenback
Repo rate was left unchanged at 4 per cent and the reverse repo rate at 3.35 per cent
RBI monetary policy 2022: 'India is charting a different course of recovery than the rest of the world, to be the fastest-growing economy,' says RBI governor
The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.
Launched in August 2021, e-RUPI is a one-time use digital solution to facilitate cashless payment.
The RBI's dovish stance has also provided comfort to the unnerved bond and equity markets.
Liquidity tightness has led to some short-term market rates rising above the Repo Rate. This nervousness in the bond markets could make Shaktikanta Das's task more challenging. Let's see how