When will we see the next policy rate cut by the Reserve Bank of India (RBI)? The nation’s commercial banks have the answer. As expected,…
Month: April 2015
When will banks lend again?
Bank credit growth dropped to an 18-year low in the year ended 31 March. Indeed, there aren’t too many fresh investment proposals by Indian companies,…
RBI’s misplaced priorities?
The Reserve Bank of India (RBI) has redefined priority sector loan norms which stipulate that banks operating in India must offer 40% of all loans…
The quiet death of the SBI-Adani loan agreement
There is nothing official about it, but the so-called memorandum of understanding that the nation’s largest lender State Bank of India (SBI) had signed with…
An eight-point agenda for RBI
India’s central bank has completed 80 years. At a function in Mumbai on 2 April, the Reserve Bank of India’s (RBI) 23rd governor, Raghuram Rajan,…
For RBI, monetary transmission bigger challenge than rate cut
The average consumer price inflation in India in fiscal year 2015-16, according to most analysts, will be in the range of 5.25-5.5%, at least 50…