Page 28 - Rbi Monetary Policy

Will maintain current fiscal glidepath if voted back to power: FM Jaitley

As per the current medium-term fiscal policy, which is part of the 2019-20 interim budget, the fiscal deficit target for 2019-20 is 3.4%, and 3% for both 2020-21 and 2021-22

When will we see the next rate cut?

Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement

The glaring gulf between policy rate and market interest rate cycle

Despite the fact that the RBI has now cut the repo rate by 50bps since August 2018, it is clear that the cost of funding for the broader economy seems to be trending upwards

RBI policy: Low inflation and growth are the two key messages from RBI

The Reserve Bank may have a more optimistic view on inflation for the year even, though it has also recognised the risk factors

5 factors that shaped RBI's inflation forecast and 6 key risks

Besides a normal monsoon, the inflation path, according to the RBI, will be shaped by five factors

Explained: Reasons why RBI cut its retail inflation forecast for 2019

Beyond the near term, several uncertainties cloud the inflation outlook, said RBI

RBI monetary policy: Reserve Bank cuts repo rate by 25 bps to 6%

It was the first back-to-back rate cut by the central bank since the Monetary Policy Committee (MPC) was formed in late 2016.

RBI to cut rates again before polls; BJP win best for economy: Reuters poll

Inflation has remained below the RBI's 4% target for seven straight months

RBI monetary policy: Will another rate cut boost Modi's election campaign?

The economy needs to have grown just above 6% in the January-March quarter to meet the government's estimate of 7% expansion for the 2019 fiscal year that ended on March 31

RBI's Rs 3-trn bond buys this fiscal could distort market: Deutsche Bank

The Reserve Bank of India should instead consider cutting the cash reserve ratio, a move it last resorted to six years ago

Low retail inflation gives RBI room to support economic growth: Bimal Jalan

The former governor currently heads a central bank-appointed panel, which is studying how much of the RBI's surplus capital can be transferred to the government

Despite RBI prod, banks unwilling to cut lending rates as deposits dwindle

Shaktikanta Das, the new RBI governor, has been trying to nudge bankers to lower lending rates, holding meetings with bank chiefs last month to discuss the monetary policy transmission

Relying on RBI's monetary policy for growth is a recipe for disaster

For one thing, central banks are poor forecasters

Easing core inflation sets stage for more interest rate cuts by RBI

Consumer-price growth reached 2.05 per cent in January, well below the Reserve Bank of India's medium term target of 4 per cent

Statsguru: RBI cuts inflation forecast, repo rate by 25 bps to 6.25%

RBI now expects inflation at 2.8 per cent in Q4FY19 and 3.2-3.4 per cent in H1FY20

RBI monetary policy: Stock markets give muted response to rate cut

Either the cut had been discounted, or smart money doesn't see the stimulus as adequate

Here's why banks are unlikely to match RBI's rate cut any time soon

Making more credit available more cheaply is vital for Modi, who wants to please businesses, farmers and individual borrowers

Too little, too late: Why experts not happy with RBI's rate cut gift to PM?

The rate cut will benefit Modi's government as it will boost economic growth and lending to small businesses, according to Ashwani Mahajan, a leader of Rashtriya Swayamsevak Sangh

RBI rate cut fails to enliven bond yields after $100-billion G-sec blues

The yield on the most-traded 2028 sovereign bonds fell just seven basis points, the rupee eked out a gain and the main stocks gauge closed flat after the 25 bps rate cut

Monthly installments on car, home loans may fall marginally on RBI rate cut

However, a point to note is that banks seldom pass on the entire rate cut