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No one expected a CRR cut at this time; 75 basis points cut in the policy rate at one shot has also been more than what most had expected
Inflation in food articles rose to 7.67 per cent during the month as against 6.15 per cent in July mainly on account of rise in prices of vegetables and protein-rich items
Confidence-building measures from the government are essential to boost the sentiments of the investors
Lending rates did not move down much after the first two rate cuts of 2019
Past evidence has proven that transmission works best when there is positive banking system liquidity during rate cuts and tight liquidity during rate hikes
"It is necessary to have An effective interaction between the government and the RBI in the interests of the economy and the overall financial sector"
SBI expects RBI to cut rate by as much as 50 bps at June 6 meet
RBI cut its benchmark interest rate by 25 basis points, in a widely expected move to boost the economy
The growth stood at 2.1% in February against 5.4% in the same month a year ago
The Reserve Bank of India is expected to keep the key policy rates unchanged at its ensuing policy review meet next month, amid easing global crude oil prices and robust agriculture production, says a report. According to Dun & Bradstreet Economy forecast, the robust agriculture production and softening of vegetables and fruits prices will also help in keeping the food inflation under check. The report further said that the government's new procurement policy will support prices of agricultural produce going ahead. D&B expects the CPI inflation to be in the range of 2.8-3 per cent and WPI inflation to be in the range of 4.8-5 per cent during November this year. "The risks emanating from global crude oil prices have eased to an extent as oil prices are likely to fall or remain subdued in the near term. This has partially dispelled concerns over one of the primary factors affecting India's current account deficit, fiscal slippage and inflationary dynamics," Dun & Bradstreet .
The Reserve Bank of India is presumably, betting, the rupee won't weaken more, or even that it will rebound
RBI said the policy stance had changed to 'calibrated tightening' from neutral. Headline inflation was estimated to accelerate to 4.5% by March 2019 quarter with upside risks
Most economists in a Bloomberg News survey expect the RBI to raise the report rate by 25 basis points on Aug 1
Barclays Chief India Economist Siddhartha Sanyal expect MPC to remain mindful of not stifling growth at current nascent stage of recovery
Reserve Bank of India kept its policy rates on hold for the fourth straight meeting and retained its "neutral" stance
SBI, Bank of India, Canara Bank, Bank of Baroda, Indian Bank, Syndicate Bank, Allahabad Bank, Oriental Bank of Commerce and Union Bank of India from the Nifty PSU Bank index were up more than 3%
The central bank's next monetary policy review is scheduled for April 5. It had kept the policy rate unchanged in its February meeting on fears of inflation
As per the global brokerage, fundamentals of the country like growth, money supply and monsoon, point to a benign inflation outlook
'The taxation on capital in India is from several sources and I think that then at the marginal rate, it adds up'
RBI is broadly in consonance with the Economic Survey with regards to growth