Posts Tagged ‘RBI’

On MFIs – Newly ‘MINT’ ed

Hitting the first ball for six is a rarity in cricket matches. Guessing the Raaga correct based on the first sounds from the singer is equally pleasing. So is getting the message out in the first sentence of an article. MINT’ editorial on Microfinance manages that:
One puzzling paradox of microfinance is that lending to the [...]

India’s fiscal and monetary policy – studies in contrast

Business Standard writes a good editorial on the need for fiscal deficit consolidation in India. It is a timely reminder:
The deterioration in fiscal parameters in 2008-09 and 2009-10 has been on account of both the fiscal stimulus and pre-election populism…..If during the downturn monetary policy had to accommodate the needs of fiscal policy, in months [...]

Dr. Y. V. Reddy on India’s financial system – 1/2

The Business Standard has published the full text of the speech that Dr. Y. V. Reddy had delivered recently at the S. Guhan Memorial Lecture in Chennai on October 22nd. The full text can be accessed here and a summary article based on that speech, can be accessed here.
Some remarks stand out:
Is (India’s) macro economic [...]

RBI report on India’s forex reserves

The Reserve Bank of India (RBI) has released its half-yearly report on India’s foreign exchange reserves. It has been around since February 2004. So, this is the 12th report. It is not too long and provides useful information. It is interesting to know that the RBI uses external asset managers to manage a small fraction of [...]