Over the years, large central banks have worked on improving communications to avoid any misunderstanding or misinterpretation of policy by financial markets. The Reserve Bank of India (RBI) is no exception.
In the context of monetary policy, besides the governor's policy statement and the resolution of the Monetary Policy Committee (MPC), the deliberation and decision of the committee are explained at length in the media conference by the top leadership of the central bank, led by the governor.
Besides this, top officials also present the central bank's position on various issues in their speeches and other public appearances. One such event in the Indian financial sector's calendar is the Business Standard BFSI Insight Summit.
In the inaugural session of this year's edition on Wednesday, RBI Governor Shaktikanta Das spoke on various issues, which helped shape the financial markets' understanding of the central bank's position.
Denne historien er fra November 08, 2024-utgaven av Business Standard.
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Denne historien er fra November 08, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Industry bodies urge FinMin to ease TDS rate structure
Proposal seeks to lessen compliance burden on taxpayers and avoid litigation
After SC rap, Centre doubles penalty for stubble burning
Burning issue
Proactively made all disclosures, recusals: Sebi WTM on Cong's charges
Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.
Market regulator may water down skin-in-game rules for MF executives
The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.
MSCI adds 5 Indian stocks to key index
MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Top brokerages highlight opportunities, risks, and contradictions the new administration may offer
REIMAGINING ROLE OF AGRICULTURE
In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics
Inside the world of mad billionaires
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
Funding education
Easy financial assistance is not enough
Policy approach
RBI is acting selectively and with care
