RBIMeeting

India's Rate Setters Express Concerns Over Restrictive Monetary Policies

1 month ago

In a recent release detailing the minutes from the Reserve Bank of India's (RBI) latest monetary policy meeting, officials revealed their growing apprehensions regarding the impact of current restrictive policies on the economy. This disclosure comes amid rising inflation and elevated interest rates, factors that have raised valid concerns about the necessity of maintaining such stringent measures.

Indian Banks Push for New Benchmark in Swaps Market: An Urgent Call to the RBI

3 months ago

In a significant development for the Indian financial landscape, a coalition of major banks in India is urging the Reserve Bank of India (RBI) to establish a new benchmark interest rate for the swaps market. This push comes amidst concerns over the current system’s relevance and its capacity to reflect the evolving dynamics of the country's economy.