All stories by Anup Roy
Current account deficit dips in Q4 to 0.7% of GDP
Rediff.com29 Jun 2019In absolute terms, the CAD stood at $4.6 billion in the current fourth quarter, compared with $13 billion in the year-ago quarter and $17.7 billion in the third quarter of fiscal year 2018-19.
Bond yields rally in May on rate cut hopes
Rediff.com30 May 2019The bond market expects at least 25 basis points cut in the June 6 policy.
'There's real interest in India right now'
Rediff.com27 May 2019People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
RBI asks NBFCs to boost high quality liquid assets
Rediff.com25 May 2019An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
Post elections, RBI to update RTI disclosure norms
Rediff.com9 May 2019The Supreme Court had observed that issues of national economic interest; disclosure of information regarding currency or exchange rates/interest rates/ taxes; regulation or supervision of banking, insurance and other financial institutions; proposals for expenditure or borrowing, and foreign investments, could all, in some cases, harm the national economy, especially if released prematurely.
RBI paints a bleak picture of India's economy
Rediff.com19 Apr 2019RBI governor Das flags growth slowdown, deputy raises alarm on inflation
RBI guv draws new line in sand, seeks flexible rate cuts
Rediff.com14 Apr 2019Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.
RBI to go for $5-bn dollar-rupee swap auction on April 23
Rediff.com2 Apr 2019The minimum size of each bid would be $10 million and in multiples of $1 million thereafter.
All eyes on RBI as rate cut looms large
Rediff.com1 Apr 2019According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
Dollar spike and its impact
Rediff.com1 Apr 2019'In my 20 years, I have never seen such high rates.'
How RBI plans to make CEOs accountable for their bank's performance
Rediff.com5 Mar 2019RBI proposed that at least half of the compensation of a CEO should be variable. It also said that stock options should be part of the variable pay, against the extant practice of keeping it beyond and above the scope of the official compensation package.
Will there be another rate cut in April?
Rediff.com5 Mar 2019Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
As govt borrowing balloons, focus turns to bond market
Rediff.com11 Feb 2019The continued rise in interest is a pressure on fiscal, but it is not an easy way out unless the government cuts back on populist measures and sticks to fiscal prudence as laid out in the FRBM, which the government missed for the second consecutive year.
Former governor slams govt for meddling in RBI affairs
Rediff.com9 Feb 2019'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'
How India saved $30 bn
Rediff.com26 Dec 2018India imports 1.2 billion barrels of oil, and oil prices are falling, falling...
One more headache for RBI Gov!
Rediff.com21 Dec 2018The HR challenge seems to be one of the most important issues that RBI Governor Shaktikanta Das will have to tackle.
Staffers expect new Governor to bring old RBI back
Rediff.com18 Dec 2018Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics
5 key challenges that Shaktikanta Das faces as RBI guv
Rediff.com12 Dec 2018A staunch defender of demonetisation, it would be interesting to see how he handles the government's increasing demand for more cash from the RBI, and letting some weak banks get out of prompt corrective action.
Genuine defaulter is a delusion: RBI deputy governor
Rediff.com12 Dec 2018For willful defaulters, change in ownership accompanied by punitive action against the defaulting management is the way to go.
When RBI governors fought for the bank's autonomy
Rediff.com5 Nov 2018Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.