Page 18 - Rbi Monetary Policy

Negative real interest rate for savers behind RBI's govt bond buying plan

Central bank acknowledges further interest cuts unlikely as a recent rollback of small savings rate cut showed.

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

We have given G-SAP 1.0 a distinct character, say RBI's Das & Patra

We are giving up this discretion to give an explicit assurance to the markets that we will assist them in the conduct of the borrowing programme, said Patra

Implicit & explicit: RBI policy statement is all about forward guidance

One challenge that the RBI might have to face in FY22 is the movement in exchange rate

MPC in 2 minutes: Here're the key development and regulatory steps

Payment banks can now hold Rs 2 lakh instead of Rs 1 lakh as end-day balance per customer

Monetary policy: Soon, you can withdraw cash from digital wallets

The rationale behind this move is to level the playing field between banks and non-banks PPI issuers

The pivot of monetary policy has shifted squarely to growth

It is only next year when RBI expects growth to increase to 6.8 per cent that repo rate will be raised

RBI retains GDP forecast amid Covid surge: Key announcements in 11 points

RBI Monetary policy highlights: Inflation outlook uncertain, says RBI guv

RBI Monetary policy: RBI today decided to keep rates unchanged today amid rising inflation, lockdowns and Covid surge. Stay tuned for all the LIVE updates

RBI Monetary Policy announcements: Highlights of Shaktikanta Das speech

Liquidity support, bond yield management: Key takeaways from RBI Policy

RBI monetary policy 2021: The recent surge in Covid-19 infections, however, imparts greater uncertainty to the outlook, RBI governor Shaktikanta Das said today

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

RBI keeps repo rate, reverse repo rate unchanged at 4% and 3.35%

RBI retains its growth outlook for the fiscal year started April 1 at 10.5%, unchanged from its February outlook.

Rising Covid cases may prompt RBI to maintain status quo on rates: Experts

RBI Governor Shaktikanta Das headed six-member MPC is scheduled to meet from April 5 to 7. The policy meet outcome will be announced on April 7

2-6% retail inflation band has been working well since 2016, say economists

However, some want core to be monitored as well, MPC should be given leeway to choose target

Policy normalisation path

RBI will need to do a tough balancing act

An IWG taking a look at central bank digital currency: Das, Kanungo & Patra

RBI Governor Shaktikanta Das, and Deputy Governors Michael Debabrata Patra and B P Kanungo spoke on a range of topics in a post-policy press meet

Monetary policy: RBI doing exactly what AQR does, though unofficially

The Economic Survey, last week, had suggested that there should be one more round of AQR of banks after the Covid-related forbearance is over

Monetary policy to stay accommodative in near term, but exit is near

Despite the fiscal activism in the Budget, the MPC stated that the recovery was yet to gain firm traction and needed continued policy support

MPC in 2 minutes: Here're the key development and regulatory steps

The six-member MPC kept interest rates on hold, but said it will keep its stance accommodative to support the government's huge borrowing programme