rate-setting panel

Rate-setting panel member asks RBI to talk clearly for greater good

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Rate-setting panel member asks RBI to talk clearly for greater good

An outspoken member in India’s rate-setting body has criticized the central bank for being non-transparent about its policy intent and confusing the public with technicalities. “The monetary policy committee should not be content with communicating to an ‘inside’ audience of regulated entities in a coded language, but should endeavor to communicate with the general public … Read more

Bond losses seen in India as dissent breaks out at RBI

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Bond losses seen in India as dissent breaks out at RBI

By Subhadip Sircar and Ronojoy Mazumdar India’s bond yields will rise by year-end as disagreement among central bank’s rate-setting panel members indicates they are moving toward a more hawkish stance, a Bloomberg survey has found. The benchmark 10-year yield will climb to 6.40% by December, while the five-year yield will increase to 5.90%, according to … Read more