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Markets might want a rate cut, but Subbarao can't oblige
Fp Editors •Most economists would call RBI's policy stance as moving from hawkish to dovish. However, the transformation has only just begun, so don't expect Subbarao to start flying with the doves yet.
RBI hikes repo rate by 25 bps, savings deposit rate deregulated
Fp Editors •The Reserve Bank of India has hiked the repo rate by 25 basis points and deregulated the savings rate.
RBI policy verdict: Unchanged policy, unchanged economy
Shishir Asthana •This credit policy does not give any hope for reviving growth.Naturally, investors are taking the only route available now - the route to the exits.
Credit offtake up 20.5 percent during 12 months to Sep 9
Fp Archives •According to the latest Reserve Bank data, credit offtake during the period was Rs 42.01 lakh crore, against Rs 34.85 lakh crore during 12 months to September 10, 2010.
Rate rise cycle near peak, says RBI deputy governor
Fp Archives •Gokarn said a soft landing was already under way and the RBI was trying to manage monetary policy in a way that would not allow economic growth to dip too far below 8 percent.
Subbarao to finmin: We're right on inflation, don't screw it
Jagannathan •The Reserve Bank's policy stance remains hawkish as inflation is far from being tamed. Governor Subbarao has stayed the course.