The RBI and the finance ministry should take lessons from the gradual opening of capital accounts and weather the pressure to legalise cryptocurrency. Read more »
The RBI monetary policy committee should retain the accommodative stance, but at the same time must keep an eye on asset prices. Read more »
The RBI policy must focus its efforts on the non-banking finance companies and the micro-finance sector that are under stress. Read more »
The RBI report paints a rosy picture for the Indian economy, pointing to a pick-up in manufacturing, reversal of contraction in services, and improvement in financial conditions. Read more »
RBI’s monetary policy committee may choose to ignore falling credit off-take, especially the share of private corporate sector. Read more »
The RBI monetary policy should keep interest rate, future guidance on monetary policy unchanged and ensure smooth credit flow to MSMEs. Read more »
Policy rate cuts may not address inflation as a large part of the increase in prices during the second wave of Covid-19 came from rising commodity prices. Read more »
RBI monetary policy committee has kept the repo rate unchanged at 4%, the reverse repo rate at 3.35%, and the marginal standing facility rate and the bank rate at 4.25%. Read more »
RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »