The Reserve Bank of India’s (RBI) external committee member, Nagesh Kumar, recently voted in favor of a 0.25 percent reduction in the repo rate. This decision carries significant implications for the Indian economy and signals a pivotal moment for the RBI as it embarks on the journey to normalize its monetary policy. In this article, ...
The recent statement from RBI Governor Shaktikanta Das has sparked discussions among economists and market analysts regarding the implications of the current repo rate and its potential impact on the economy. With the backdrop of persistent retail inflation, the dynamics of monetary policy in India are becoming increasingly complex. This article delves into the reasons ...
The Ministry of Finance has announced the appointment of three new external members to the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI). This restructuring is part of the government’s efforts to align monetary policies with current economic conditions and to bolster the committee’s effectiveness in guiding India’s monetary policy framework. Understanding ...