Indian banks need to carefully monitor the gap between credit and deposit growth to avoid a potential structural liquidity issue, the governor of the Reserve Bank of India (RBI) said on Tuesday."Young Indians are aspirational. They get attracted to differ...
1 month agoThe Union government on October 1 named three new external members to the Monetary Policy Committee (MPC), thereby reconstituting the rate-setting panel ahead of its crucial monetary policy meeting.The three new external members were Ram Singh, Director,...
2 weeks agoThe escalating tension in the Middle East, following Iran’s missile attack on Israel, can disrupt oil supply. No wonder, oil prices spiked after the news of Iran’s military operation broke out. There is fear that the regional conflict may snowball into a...
2 weeks agoInflation references have morphed from an elephant to a horse which needs to be reined in. Once in control, we expect it to eventually shape into a dove. The change in the policy stance provides a first break in the central bank monetary policy committee’...
6 days agoRisks posed by climate change and digitalisation are likely to make it tougher for central banks to implement inflation-targetting monetary policy in the coming years, according to a deputy governor at the Reserve Bank of India.Central banks face an ”exis...
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