Reserve Bank of India (RBI) staff think a “low inflation regime” is not far away for the Indian economythere is a rising probability since the second half of 2022-23 that the Indian economy is transiting away from the high regime,” a paper by RBI staff, released on April 21 as part of the central bank’s […]
Market sees MPC’s rate pause as pivot despite RBI Governor Shaktikanta Das
The battle between perception and establishing expectations is not an easy one. And Governor Shaktikanta Das may be losing the battle following the Reserve Bank of India’s latest monetary policy decision. The central bank chief was at pains to emphasise that the Monetary Policy Committee’s decision on April 6 to leave the repo rate unchanged […]
Interest rates may stay higher for longer: Das
Reserve Bank of India (RBI) governor Shaktikanta Das stated on Friday there may be the opportunity of hobby charges staying better for longer, the arena over. “If the geopolitical conflicts continue, it can be a scenario of `excessive for long` with reference to hobby charges international over, now no longer simply the US,” Das observed. […]