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RBI's wait-and-watch policy: Its rate status quo, neutral stance retention and forecast restraint all make sense

New Delhi, Feb. 6 -- On Friday, the Reserve Bank of India's (RBI) rate-setting Monetary Policy Committee (MPC) did what everyone expected it to do. It kept both the repo rate and stance unchanged. Unl... Read More


In firing a policy bazooka to support growth, India's central bank may have overlooked the consequences for its mandate

New Delhi, Dec. 7 -- "Baptism by fire," is how D. Subbarao had described his initial months as the 22nd governor of the Reserve Bank of India (RBI). Subbarao took charge in September 2008 in the shado... Read More