monetary policy

India Names Former World Bank Economist Gupta as RBI Deputy

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(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Poonam Gupta, a former World Bank economist, was named a deputy governor at the Reserve Bank of India, filling a key position at the central bank … Read more

When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission

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The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to … Read more