Monetary Transmission

MPC swings from ‘neutral’ to ‘accommodative’, but the RBI show is a non-event until banks play their part

In the backdrop of falling growth and cooling inflation, it was clear that a rate cut was on the cards.

New base rate regime is a firm message from Rajan to banks: No more tricks on common man

Rajan has had a tough time convincing banks to cut their lending rates taking the central bank’s rate signals

Rajan's message to banks: For small borrowers to benefit, cut rates deeper

Rajan's message in RBI policy: For small borrowers to benefit, banks should cut rates deeper