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The Reserve Bank of India's (RBI) recent Financial Stability Report (FSR), released in March 2024, paints a cautiously optimistic picture of the Indian financial system's stability. While the report highlights improvements in certain key indicators, it also underscores lingering concerns and potential risks that could impact the sector's resilience...
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Reserve Bank of India Governor Shaktikanta Das' unscheduled 15-minute statement today was nothing short of a (thunder)bolt from the blue. And like all thunder, it foretells stormy weather ahead. First, even at 10 am when the RBI announced that the governor would deliver a statement at 2 pm, the guess...
India is likely to take another 13 years to overcome the losses incurred due to the Covid pandemic that hit the country in March 2020, says a Reserve Bank of India (RBI) report. Taking the actual growth rate of (-) 6.6 percent for 2020-21, 8.9 percent for 2021-22, and assuming...