Reserve Bank of India

/Tag: Reserve Bank of India

Re-balancing the trilemma: Reserve Bank of India bats for growth, at last

2019-02-15T14:39:10+00:00February 15th, 2019|2019, Global Edition – February 2019|

Keeping the currency stable, inflation muted and growth high is an unenviable three-way challenge faced by India’s banking chief. The Reserve Bank of India (RBI) governor has an unenviable job. Apart from being India’s chief banking regulator, he has to ensure that the Indian currency remains stable, inflation muted and growth high. These last three have often been referred to as the Indian central banker’s trilemma. On the face of it, all three are highly desirable outcomes and ideally, the [...]

The Goldilocks moment for interest rates in India is here

2020-03-04T07:04:04+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Last Word, Year|

The Reserve Bank of India (RBI) is at a point when the country’s economic climate is just right – neither too hot, nor too cold.   In the well-known fairytale ‘Goldilocks and the Three Bears’, a little girl enters the house of three bears, tastes three bowls of porridge and declares that she likes the one that is neither too hot, nor too cold… in other words, the one that is just right. Little children across English-speaking countries are familiar [...]