In a policy landscape shaped by softening inflation and a steadily weakening rupee, former RBI Deputy Governor R. Gandhi offered a nuanced view of the central bank’s priorities as it navigates the months ahead. His remarks come amid rising scrutiny of the Reserve Bank of India’s stance on both price stability and currency management. Inflation, … Read more
“Given the rising inflation—and adding to that, the immediate concerns around tariffs and their potential impact on the economy—the RBI is adopting a cautious approach. While supporting growth is important and credit growth is not yet at the robust level we would like to see, the RBI has chosen to be cautious. That’s because inflation … Read more
“Only one surprise which has come out is that the inflation numbers for Q3 is likely to be higher than the earlier projected, that is something a little different, looks like because of that assessment only they did not go in for a rate cut despite the last two numbers having been below Reserve Bank’s … Read more
The Reserve Bank of India (RBI) is expected to continue with its current accommodative stance to maintain sufficient liquidity in the system and monetary policy tightening is several quarters away as the economic revival has not reached the pre-Covid level, the apex bank’s former deputy governor R Gandhi claimed. He said the low-interest rate regime … Read more