The panel was mandated by law to explain its failure in capping prices.Reserve Bank of India’s interest-rate setters have mainly blamed global factors for failing to meet…

Monetary policy on its own cannot influence economic growth but can only support it by creating congenial factors, Reserve Bank of India (RBI) deputy governor Michael Patra…

The conduct of monetary policy in India faces hurdles stemming from information constraints and the manner in which data is covered in the country, Reserve Bank of…

Reserve Bank Deputy Governor Michael Patra on Thursday said formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged…

Michael Patra said monetary policy alone cannot influence growth in an economy.(File)Mumbai: Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging…

Reserve Bank of India today said the interest rate for short term loans upto Rs three lakh through Kisan Credit cards (KCC) will be seven per…

Overnight balances held by banks with the Reserve Bank of India under the Standing Deposit Facility (SDF) will be eligible as level-1 high quality liquid assets…

While the fiscal second quarter growth may be just half of what it was in the first quarter, the central bank may not still put a brake…