Search: For - reserve bank

25 results found

A ray of hope in 2018
Jan 02, 2018

A ray of hope in 2018

Efficiency of delivery by cutting red tape should be the top priority this year.

An Underdeveloped Corporate Bond Market: The Achilles’ Heel of India’s Growth Story
Mar 11, 2023

An Underdeveloped Corporate Bond Market: The Achilles’ Heel of India’s Growth Story

India’s aspirations to become the third largest economy in the world by 2027, and a developed country by 2047, need to be backed by a liquid, deep, and well-functioning debt market—something that the country does not have. Banks in India typically lack the ability to sponsor long-term projects because their liabilities are of a relatively shorter tenure. An efficient Indian corporate bond market with lower costs and faster issuances could pro

Assessing RBI's draft disclosure framework on climate-related financial risks
Apr 17, 2024

Assessing RBI's draft disclosure framework on climate-related financial risks

RBI’s draft disclosure framework on Climate-related financial risks is a welcome step, but there are challenges ahead

Busting the myths around Indian households’ debts
May 07, 2024

Busting the myths around Indian households’ debts

Declaring a decline in Indian households' net financial assets without understanding their saving behaviours would be misguided.

Central Bank Digital Currency in India: Deeper engagement and thorough exploration needed before execution
May 21, 2020

Central Bank Digital Currency in India: Deeper engagement and thorough exploration needed before execution

Maximising the effectiveness of fulfilling the essential functions of fiat money should be the primary objective of CBDC.

Concern over falling rupee
Oct 06, 2018

Concern over falling rupee

So far, hike in petrol prices and import duties on some consumer goods has not stoked inflation, but the rupee’s steep fall vis-a-vis the dollar in

India is adopting digital payments like never before, but cash too seems here to stay
Feb 16, 2017

India is adopting digital payments like never before, but cash too seems here to stay

While digitalisation has proceeded, cash has not become unimportant.

Indian economy: All is not well
Feb 25, 2019

Indian economy: All is not well

Agriculture remains stressed as food inflation remains low. India Inc. is not doing well either.

Inflation is back: The number of poor in India may rise
Jun 30, 2011

Inflation is back: The number of poor in India may rise

India is experiencing the fastest increase in prices among the big emerging market countries. The Reserve Bank raised interest rates 10 times since March 2010 to control inflation, and its adverse impact on the demand for goods and services, investment and corporate profits is already visible.

Investigating the Impact of Commodity Transaction Tax on India’s Commodity Derivatives Markets
May 11, 2021

Investigating the Impact of Commodity Transaction Tax on India’s Commodity Derivatives Markets

The Commodity Transaction Tax (CTT) was imposed on non-agricultural commodity derivatives trading in India from 1 July 2013. This paper investigates the impact of the CTT on some of the efficiency parameters of the commodity derivative markets in India. The authors analysed daily trading data from January 2006 to December 2019 of Multi Commodity Exchange (MCX) of India for five non-agricultural commodities: aluminium, copper, crude oil, gold, and

Making a case for rightsizing KMP tenure as a good governance requirement in Indian BFSI sector
Jun 15, 2020

Making a case for rightsizing KMP tenure as a good governance requirement in Indian BFSI sector

Bad corporate governance impacts negatively on a company's integrity and transparency — and directly hurts customer trust and subsequently the compa

Modi 2.0: Different economic strokes?
May 28, 2019

Modi 2.0: Different economic strokes?

Modi 2.0 must be about deregulating the economy and improving core regulatory skills to monitor and punish deviations without snuffing out the freedom to innovate, grow or diversify, which are at the heart of entrepreneurship.

Next step for the bank reforms
Dec 26, 2017

Next step for the bank reforms

Banking is the only prominent sector within the Indian economy where private corporations are dwarfed by public entities. The sector needs to be recti

RBI versus the government: Independence and accountability in a democracy
Dec 07, 2018

RBI versus the government: Independence and accountability in a democracy

Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte

Regulatory Sandboxes: Decoding India’s attempt to Regulate Fintech Disruption
May 24, 2023

Regulatory Sandboxes: Decoding India’s attempt to Regulate Fintech Disruption

In August 2019, the Reserve Bank of India (RBI) released its final guidelines for a regulatory sandbox for fintech firms.[1] Technology innovations are disrupting the traditional financial sector, and the RBI’s regulatory sandbox exercise is an attempt to be more agile and absorb some of this disruption. ‘Sandboxes’ give regulators a chance to work with fintech innovators, mitigate potential risks and develop evidence-based policy, while fi

Six headwinds Modi will face in Season 2
May 27, 2019

Six headwinds Modi will face in Season 2

In a constantly-evolving discourse and a politically and economically disruptive world, new ideas will demand a greater control over Modi’s actions.

Storm in India’s monetary teacup
Feb 15, 2022

Storm in India’s monetary teacup

Concerns of slipping into a deeper economic crisis emerge as the RBI continues with its accommodative monetary policies

Supplying more credit will not solve the problem of credit demand
Oct 13, 2020

Supplying more credit will not solve the problem of credit demand

Credit demand is the problem — not credit supply.

The RBI as outlier on inflation
Jun 23, 2021

The RBI as outlier on inflation

As the threat of inflation returns, the Fed and others adjust their messages - why not the RBI?

The role of monetary policy in climate change mitigation
May 24, 2023

The role of monetary policy in climate change mitigation

Climate change is one of the most significant challenges defining the 21st century, and ways to deal with it occupy an important space in current policymaking discourse. Central banks in different parts of the world have recently started playing a part in articulating strategies to combat climate change. This brief explores the position of the Reserve Bank of India (RBI) in this regard. It outlines the physical and transition risks associated wit

What the cash crunch foretells
Apr 21, 2018

What the cash crunch foretells

A common thread across the turbulences is uneven support from the government for beleaguered institutions and the absence of informed participation.

Who will trust the RBI or government now?
Nov 28, 2016

Who will trust the RBI or government now?

People are going to have a hard time trusting the government or the RBI.

‘Bad bank’ — what’s good or bad about it?
May 22, 2020

‘Bad bank’ — what’s good or bad about it?

Moral hazarding has no place in a tough-as-nails situation as collections and turnaround.