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The crucial Nov.19 board meeting of the RBI, which threatened at one point to be an eyeball-to-eyeball confrontation,…
By Himadri Bhattacharya |
Over the last few years, there have been demands for the use of the RBI’s internal reserves for fiscal purposes, like…
By Ranjit K Pattnaik |
It is barely two years since Urjit Patel took charge as Governor of the Reserve Bank of India. Viral Acharya, the…
By Himadri Bhattacharya |
At the heart of the rift is an uneasiness and some alarm in the bureaucratic and the political circles that PCA will…
By Arun Maira |
Some economists are vigorously churning out statistics to prove that the Indian economy is generating enough jobs. Some…
By Himadri Bhattacharya |
The MPC of the RBI caught almost everyone by surprise by keeping the policy repo rate unchanged at 6.5 per cent in its…
By Usha Thorat |
The change in stance from neutral to “calibrated tightening” also puts to rest any speculation about cut in rates and…
The Monetary Policy Committee (MPC) meeting this week comes under the shadow of the massive IL&FS default that has…
By Ranjit K Pattnaik |
The recent measures announced by the authorities may provide some short term relief but the sustainable solution to the…
By Himadri Bhattacharya |
One obvious casualty of widespread restructuring was the supervision of banks. The examiners of banks never had a clear…
By Ranjit K Pattnaik |
In analysing the situation, it is important to note that episodes of volatility are not a new phenomenon in India and…
By Arun Maira |
There was great uncertainty in 1999 about the outcome of India’s national election and concern that India’s development…
By Arun Maira |
There are great expectations about the growth in the size of the Indian economy: that it has already exceeded the size…
The annual study of State budgets released this month by the RBI comes amid important developments in the fiscal…
Eight years and 17 reports later, it is not clear if “pre-emptive” actions have worked to control some of the messes…