IndiaN economy, $5 trillion economy

QE and other drugs: RBI must review liquidity enhancing measures

A combination of high inflation and low interest rates has given rise to negative real rates for savers which is not a welcome phenomenon. Read more »
policy circle image

NBFCs need a lender of last resort; SIDBI and NABARD can do the job

NBFC offer loans to MSMEs and individuals for 24-48 months. They need funds for a similar period in order to maintain a healthy asset-liability match. Read more »
IndiaN economy, $5 trillion economy

Why RBI cannot ignore the food price dynamics while fixing rates

Tweaking of weights in inflation indices makes sense, given the policy objectives of RBI policy – price stability and economic growth. Read more »
iNSURANCE LAW

RBI may keep rates unchanged, but 25 bp cut desirable

It is surprising that the Reserve Bank of India stuck to a literal, narrow interpretation of its mandate and chose to focus on short-run inflation. Read more »
Indian economy

Interest rates: The case for a free hand to RBI, banks

Any agency other than the Reserve Bank of India and lenders interfering will adversely affect the systems already in place in the country’s financial sector. Read more »
monetary policy impact on markets

Covid-19, monetary policy and financial markets

The study captures the impact of monetary policy changes on the real effective exchange rate, market rate on 10-year govt bonds and the NSE stock index. Read more »
IndiaN economy, $5 trillion economy

Decoding framework of social stock exchange model in India

There is no provision for NPOs to reserve funds for unforeseen disasters. So, they need to create a pool of disaster reserve funds along with corporates. Read more »
MSME, recession, export

RBI will resume rate cut spree sooner than later

Economists have warned a repeat of 2010 when the RBI's targeting of CPI inflation led to an industrial slowdown. They say WPI is more relevant for the industry. Read more »
Green hydrogen, harit sagar

RBI policy must focus on financial system stability

In the transition from lockdown to normalcy, there will be logistics problems, supply chain disruptions and market fragmentation that need to be tackled. Read more »
IndiaN economy, $5 trillion economy

Inflation focus must end: RBI should cut rates by 100 bps

There are enough reasons to be optimistic – the economy had a good rabi crop, the monsoon has been good and the kharif crop is also expected to be good. Read more »