RBI Watch Rates to stay on hold as Rajan heads for the exit Governor Raghuram Rajan has had a penchant for shocking financial markets during his three years at the helm of the Reserve Bank of India (RBI), but we doubt that there are any surprises in store when... 2nd August 2016 · 1 min read
RBI Watch Further cuts to repo rate unlikely The Reserve Bank of India (RBI) has cut its repo rate by 150bp since the start of last year, but we believe that it will now keep rates on hold not just at next week’s policy meeting but for the rest... 2nd June 2016 · 1 min read
RBI Watch Stage set for further modest loosening It's not a done deal yet, but the balance appears to be tipped towards the Reserve Bank of India (RBI) deliver ing another interest rate cut in next week's policy meeting . This is due to a number of... 29th March 2016 · 1 min read
RBI Watch Policy rates unlikely to fall any further The consensus is expecting further, albeit limited, monetary easing in India over the coming months, but we continue to think that the rate-cutting cycle has come to an end. The Reserve Bank of India... 27th January 2016 · 1 min read
RBI Watch Window for further loosening has closed The Reserve Bank of India has cut policy rates by 125bp so far this year, but there are a number of reasons to think that it will keep the repo rate on hold not just at next week’s policy meeting but... 25th November 2015 · 1 min read
RBI Watch Another rate cut likely With recent activity data weak and inflation low, the consensus has swung around to our long-held view that the Reserve Bank of India will cut interest rates again this year, with the upcoming meeting... 24th September 2015 · 1 min read
RBI Watch New Financial Code risks damaging RBI independence The draft version of the government’s Financial Code, released last week, could have important implications for the functioning of the Reserve Bank of India (RBI). The adoption of a voting monetary... 30th July 2015 · 1 min read
RBI Watch Finance Ministry puts ball back into Governor Rajan's court Signs of continued economic slack and the weakness of inflation are key reasons for the Reserve Bank of India (RBI) to resume its rate-cutting cycle in its upcoming policy review on 2 nd June. One... 26th May 2015 · 1 min read
RBI Watch RBI won’t need to follow the Fed The first rate hike in the US is edging closer, but India’s dramatically improved external position and the fact that the rupee has strengthened in recent months suggest that the Reserve Bank of India... 3rd April 2015 · 1 min read
RBI Watch Will Governor Rajan follow up on early rate cut? Following the RBI’s decision to cut interest rates at an unscheduled meeting earlier this month, a small majority of forecasters expect rates to be kept on hold at the scheduled policy meeting next... 27th January 2015 · 1 min read
RBI Watch Will the rupee prevent policy loosening? Markets seem certain that the RBI will keep interest rates on hold next week, but we are not so sure. Inflation has fallen much further than most had expected, GDP growth is still weak by past... 26th November 2014 · 1 min read
