RBI holds rates; unveils new measures
The recent surge in Covid-19 infections, the central bank says, adds uncertainty to the outlook on domestic growth as restrictions could dampen demand improvement and delay the return of normalcy.
monetary policy
April 2021
February 2021
January 2021
December 2020
October 2020
April 2020
RBI’s monetary policy stance ‘prudent’: India Inc.
The Reserve Bank of India has decided to keep policy rates unchanged, for the fourth straight time. Here are some key reactions from India Inc.
RBI pushes growth, focusses on liquidity management
At its first monetary policy review for 2021, the central bank kept key rates unchanged, while announcing several measures to manage liquidity.
Gold ruled 2020. Will it reign 2021 too?
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
Our objective is to support growth: Shaktikanta Das
RBI’s status quo on interest rates, guidance on inflation and GDP, and thrust on economic growth pushes equity indices to new lifetime highs.
A dose of cautious optimism from the Reserve Bank
Governor Shaktikanta Das’ latest policy statement sees FY21 growth contracting by 9.5%, but also talks about the possibility of India renewing the “tryst with its pre-Covid growth trajectory”.
RBI relief for Covid-19 pain
Monetary policy committee keeps rates unchanged; central bank announces new measures to mitigate pandemic woes, as it sees 9.5% contraction in real GDP for FY21.
RBI MEASURES IMPRESS MARKETS
Round II of RBI’s Covid-19 crisis measures was received by the Sensex and the Nifty 50 gaining 1,116 and 331 points each before closing 986 and 273 points higher from the previous day’s close.
‘Markets should start pricing in better times ahead’
Coronavirus could be a catalyst for resetting the agenda of India’s financial market reforms, says Mark Matthews, head of research-Asia, Julius Baer.
The build-up to RBI’s ‘bazooka’
Minutes of RBI’s Monetary Policy Committee meeting highlight that members were divided on the space for future rate cuts.
