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Dec 8, 2021, 22 tweets

RBI Governor Shaktikanta Das addresses the media on the MPC's rate decision and additional measures announced. #RBIPolicy #BQLive

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Activity in various segments of economy has cross pre-pandemic levels, says RBI governor. #RBIPolicy

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Economy facing several headwinds emanating from mostly international factors, says Shaktikanta Das. #RBIPolicy

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Standing Deposit Facility will be used when it is needed, says RBI Deputy Governor Michael Patra. #RBIPolicy

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RBI just looking at securing reasonable control over the liquidity overhang, says RBI Deputy Governor Michael Patra. #RBIPolicy

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Monetary policy needs to choose correct metric for inflation, says RBI Deputy Governor Michael Patra. #RBIPolicy

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Not looking at a situation where fixed rate overnight reverse repo will be zero, says RBI governor. #RBIPolicy

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Unfair to compare Indian inflation dynamics to those prevailing in the United States, says RBI Governor Shaktikanta Das. #RBIPolicy

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RBI fully mindful and aware of the requirement to maintain price stability with financial stability, says RBI governor. #RBIPolicy

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Debate between transitory and permanent inflation is nowhere settled, says RBI Deputy Governor Michael Patra. #RBIPolicy

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Monetary Policy Committee had quite a bit of discussion on core inflation, says RBI governor Shaktikanta Das. #RBIPolicy

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Extremely watchful of global developments and actions of other central banks, says RBI governor. #RBIPolicy

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There has been a great adoption of digital transactions as a medium of exchange, says RBI Deputy Governor T Rabi Sankar. #RBIPolicy

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Pricing of risk is a decision taken by banks themselves, says RBI Deputy Governor M Rajeshwar Rao. #RBIPolicy

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Credit growth currently at 7%, definitely low for the Indian economy and it should go up, says RBI governor. #RBIPolicy

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Large and medium corporates have borrowed a lot from the markets, says RBI governor. #RBIPolicy

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The overarching priority of the RBI is revival of growth, says RBI governor Shaktikanta Das. #RBIPolicy

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Lot of work on central bank digital currency for the wholesale base has been done, says RBI Deputy Governor T Rabi Sankar. #RBIPolicy

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Current 4.3-4.5% CPI inflation prints are broadly in alignment with target, says RBI Deputy Governor Michael Patra. #RBIPolicy

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Starting November reading, you will see a decline in core inflation due to the auto fuel prices cuts, says RBI Deputy Governor Michael Patra. #RBIPolicy

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Major challenges in central bank digital currency are in cyber risks associated with it, says RBI Deputy Governor T Rabi Sankar. #RBIPolicy

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#RBIPolicy | A more dovish-than-expected monetary policy might indicate a longer road to normalisation.

@PallaviNahata reports.
bit.ly/330j6jE

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