MUMBAI, India, Oct. 23 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank released the October 2026 issue of its monthly Bulletin. The Bulletin includes two speeches, four articles and current statistics.
The four articles are: I. State of the Economy; II. Transmission to Lending Rates of SCBs: Price versus Composition Effects in WALR; III. Performance of the NBFC Sector: Review for 2025; and IV. Nowcasting State-Level Economic Activity in India with Night-Time Light and Google Trends.
I. State of the Economy
Renewed geopolitical frictions in West Asia and supply chain disruptions have amplified inflationary pressures, prompting major central banks to raise policy rates. Elevated sovereign bond yields i...