Tag: rbi
Globally, monetary policy is at an interesting crossroads. In contrast to the rising interest rates during 2022 and 2023, central banks in several developed and emerging economies have recently lowered policy rates (e.g., UK, Eurozone, Canada, Sweden, Switzerland, China, Brazil). Some have even increased rates (e.g., Japan, Russia, Indonesia,...
In October 2020, Jayanth R. Varma and Ashima Goyal joined the Reserve Bank of India's (RBI's) monetary policy committee (MPC). Since their appointments, both have played pivotal roles, often voicing dissenting opinions that have sparked debates about the RBI's monetary policy direction. Varma, initially a hawk, shifted to a...
Foreign Institutional Investors (FIIs) are maintaining a steady gaze on the Reserve Bank of India's (RBI) interventions in the foreign exchange market. Despite the political dynamics in India, including the formation of a coalition government, FIIs appear largely unperturbed by the domestic political landscape. Instead, their focus is squarely...
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...
RBI decision According to property developers and consultants, the Reserve Bank's decision to maintain key policy rates will result in continued low-interest rates on home loans and support the ongoing recovery of housing demand.
According to property developers and consultants, the Reserve Bank's decision to maintain key policy rates will...
