In recognition of the role of the real estate sector in generating employment and economic activity, the RBI has decided to rationalise the risk weights applicable to individual housing loans
With inflation targeting being the rule, the relentless high levels of CPI inflation were to be the barrier to any further cut in interest rates
Given inflation pressure, there is no doubt that it would be difficult for the MPC to cut rates in the near-term
While tax increases led to an increase in the prices of petroleum products, this could lead to broad-based cost push pressures through the transportation channel
Rising inflation, according to economists, is another cause for concern
The economy and the affairs between RBI and govt were tumultuous in the four years to 2020. Business Standard takes a look at MPC's performance and its consonance with major macroeconomic indicators
The RBI's monetary policy review on October 1 and auto sales numbers would be among the key events for investors
Tackling inflation with monetary policy is like trying to move boulders with eyebrow tweezers
The RBI increased from 75 per cent to 90 per cent the permissible loan-to-value ratio (LTV) for banks to give loans against pledge of gold ornaments and jewellery for non-agricultural purposes
The committee highlighted that inflation risks emanate from supply chain disruptions, high vegetable prices, increased taxes on fuels, and volatility in financial markets
Policy rate pause and debt recast window make sense
Rate cut off the table for now; focus is on other measures to ease stress in system
As many as 666 villages have been affected by floods across 17 districts of Uttar Pradesh, and major rivers are flowing above danger mark. Stay tuned for latest news live updates
High consumer inflation likely till September
There has been a criticism that the excess liquidity framework helps lower the cost of borrowing for the government as the yields on bonds go down
All that happened in the markets today
The RBI will constitute an Expert Committee which shall make recommendations on the required financial parameters, along with the sector specific benchmark, to be factored into debt resolution plans
At present, loans sanctioned by banks against pledge of gold ornaments and jewellery is up to 75% of the value of such items
Here are 10 key takeaways from the RBI governor's presser
Lenders allowed to provide a restructuring facility on some loans that were standard as on March 1 this year