Posts tagged rbi
RBI: Rates, Banks and Inflation
There could not have been a more opportune time for me to write this article. With every passing day since the last year, Dr Subbarao’s job is getting increasingly tougher. With inflation still keeping up against RBI and absence of significant structural actions on Government’s part to control inflation, options More >
Case for a 50 basis points on May 3??
“Sakhi saiyan to khub hi kamat hai…..mehngai daayan maare jaat hai….” goes a number from a popular bollywood flick and rightly so atleast for RBI.
Since the last 15 months or so…RBI has been trying to battle the rising inflation by raising rates (What are policy rates?) eight times since March last More >
September inflation edges upto 8.6%
The WPI for the month of September 2010 stood at 8.62% compared to 8.5% in the previous month. The figure was almost in line with the market expectations which were pegged at around 8.5%. The central bank is sure to take the cues from these high figures in its monetary More >
July Inflation just under double digits @9.97%
The WPI for the month of July’10 stood at 9.97% compared to the previous month’s figure of 10.55%. It registered a growth of -0.54% in July’09 on a y-o-y basis . The inflation figures this month is the lowest in the past six months. They just managed to miss the More >
First quarterly review of monetary policy 2010-11
Highlights of the policy
RBI Governor, Dr D V Subbarao announced the first quarterly review of monetary policy today. The measures taken were quite on the expected lines (Read our article on monetary policy expectations).
- Benchmark Repo rates hiked by 25 bps to 5.75% with immediate effect.
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- Benchmark Reverse Repo rates hiked by 50 More >
RBI likely to raise rates in todays monetary policy review
RBI is going to announce the First quarterly review of monetary policy in some time and unlike last time, expectations are quite clear this time. Last time, in April, analysts were divided in opinions about a 25 bps hike or a 50 bps hike or no action by RBI. But More >
Bond market/ G-Sec update
Yields on Government securities rose to the highest level in two weeks following the mid-term 25 bps rate hike by RBI on last Friday. Benchmark 10 year bond, 7.80% 2020 security rose 8 bps to 7.64% from 7.56% close of last week.
As expected, yields opened stronger on Monday, but later More >
European Central Bank (ECB) in 2008 = RBI in 2010
I am sure that the subject of my article would be very confusing for some of you or may be strange for a lot of you. What I am trying to convey with this one is again some graduation level economics which I studied during my Macroeconomics paper in 2005, More >
July Could be Jittery For the Markets
The month of July can cause real jitters for the Indian stock market and the party could end. Most of the top economists and market gurus have started saying that the year 2010 could be a mixture of two halves, the first half ending on a positive note and the More >