Stay Connected. Stay Informed.
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar. File | Photo Credit: ANI RBI Deputy Governor T. Rabi Sankar ruled out the need for stablecoins as they do not “appear to have” a promise to pay, which is the feature of a sovereign currency, while speaking at a media event on Friday (December…
Read More “RBI Deputy Governor rules out stablecoins in India” »
A RBI working paper has found that equity markets are affected more by the changes in the market’s expectations of future monetary policy than the policy rate surprise. File | Photo Credit: Reuters Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement…
Image for representation | Photo Credit: Reuters The Reserve Bank of India (RBI) has decided to facilitate wider non-resident participation in the Sovereign Green Bonds by permitting eligible foreign investors in the International Financial Services Centre (IFSC) to invest in such bonds. “A scheme for investment and trading in SGrBs by eligible foreign investors in…
The Monetary Policy Committee (MPC) on April 5 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. This is the 7th time that the rates have been kept on hold. The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the…
RBI Governor Shaktikanta Das delivers the plenary address at the ‘Kautilya Economic Conclave’, in New Delhi, Friday, Oct. 20, 2023. | Photo Credit: PTI Interest rates will remain high, and any change will depend on the way the world evolves, Reserve Bank of India Governor Shaktikanta Das said on Friday, highlighting fresh uncertainties that…
Read More “RBI Governor says no interest rate cuts for now” »
RBI governor Shaktikanta Das delivers the plenary address at the ‘Kautilya Economic Conclave’, in New Delhi, on October 20, 2023. | Photo Credit: PTI Reserve Bank of India (RBI) governor Shaktikanta Das on October 20 stressed that the monetary policy must remain actively disinflationary to ensure that the decline in inflation from its peak of…
Read More “Monetary policy ought to remain actively disinflationary: RBI governor Shaktikanta Das” »