Tag: RBI

Amidst global recovery shock and inflation; RBI manoeuvres growth policy

Posted: April 14, 2022 at 2:49 am | Author: Manish Marwah

European crisis takes a toll on India growth story as ongoing war offsets gains of ebbing Omicron virus     Rising inflation has once again derailed the growth momentum for India and the rest of the world, thanks to the ongoing Russia-Ukraine conflict. The war has not only dragged for period far more than anticipated, there […]

RBI Status Quo on Policy Rates Looks Bold and Growth-focused

Posted: February 17, 2022 at 3:52 pm | Author: Manish Marwah

The Indian central bank resisted the temptation to alter its stance and go ahead with changes in policy rates; the move was unlike many of its peers in other economies The Reserve Bank of India’s (RBI) February Monetary Policy is a bold statement where the central bank has chosen to stay with growth instead of worrying too much about the […]

Gross Non-Performing Assets of SCBs down; but projections for 2022 cry for attention

Posted: January 6, 2022 at 10:35 am | Author: Manish Marwah

The Gross Non-Performing Assets (GNPA) of Scheduled Commercial Banks (SCB) has dropped to 6.9 per cent by September 2021 end, which was 7.3 per cent as of March 2021. Bad debts set to rise up to 8.1 per cent by September 2022 under the baseline scenario and to 9.5 per cent under a severe stress […]

Economic recovery is a long road ahead; don’t get swayed by stock market boom, recent growth indicators

Posted: January 22, 2021 at 5:47 am | Author: Manish Marwah

From the record June Quarter lows to real GDP projections for Q3 quarter and onwards, it may appear that we have come some way, we are still quite far from any reasonable recovery     India’s Economic Indicators have been encouraging, with the stock market booming over the last 6 months. Are these signs of recovery […]

RBI decision to target growth instead of focussing too heavily on inflation control, a welcome departure from its stance

Posted: October 30, 2020 at 8:39 am | Author: Manish Marwah

  The Monetary Policy announcements last week by the Reserve Bank of India (RBI) Governor Shaktikanta Das were bold in ways that the banking regulator this time decided to target growth instead of focussing too much on inflation control. The CPI inflation continues to remain high (at 7.34 per cent in September) – significantly above […]