RBI held repo at 5.5%, stance neutral. Malhotra kept powder dry, with inflation benign and growth risks making December a live meeting.
BasisPoint Insight
Screengrab from a RBI Press Conference
The central bank’s ambitious same-day cheque clearing plan has stumbled at launch. The real problem isn’t just about technology; it’s about communication, too.
Mint Owl
RBI’s alignment to Basel-III capital requirement norms will free up more money to be lent to MSMSEs and NBFCs.
Rahul Ghosh
RBI’s new ECB regime may be inviting balance-sheet risk disguised as capital access
Babuji K
Markets often mistake monetary flexibility for monetary decay. The greater risk lies in misreading cycles as signs of systemic erosion.
V Thiagarajan
As geopolitics, tech, and human nature pull in opposite directions, India’s economy tries to find balance in its own Three-Body Problem.
Phynix
Kremlin
Inside the Fed and RBI: Why Two Central Banks See Inflation and Growth Differently
iStock.com
The IMF’s gold reserves are worth over $350 billion – more than Chile’s GDP. Selling just 10% of these holdings would generate enough funds to offset this year’s foreign-aid cuts.
Tim Hirschel-Burns and Marina Zucker-Marques
India cautiously explores stablecoins and CBDCs, balancing innovation, programmability, and systemic stability in a rapidly digitalising financial world.
R. Gurumurthy
RBI
India’s new credit freedoms mark a turning point for banks, but the real reform lies in how they recalibrate risk, governance, and talent.
K. Srinivasa Rao
As Global Fintech Fest 2025 unfolds in Mumbai, its growing scale risks overshadowing what once made it matter: ideas and innovation.
https://www.globalfintechfest.com/
Absent an astute and judicious response, the Fed could see challenges to all three elements of its (explicit and implicit) objectives: inflation control, maximum employment, and financial stability.
Mohamed A. El-Erian
Federal Reserve
India’s newest central banker reveals more than he says in his latest MPC press conference. Beneath his composure lies a technocrat negotiating with himself.
Kirti Tarang Pande
RBI policy, investment caution, climate finance, and trade gaps show how fragile systems and decisions define what we preserve and what slips away.
Has the RBI truly embraced global best practices, or just adopted them for appearances? India’s half-hearted ECL rollout exposes a deeper discomfort with accountability.
India’s rupee push is bold—but trade gaps, credit risks, and shallow liquidity mean guardrails are key for lasting internationalisation.
Quixotic Banker
The Supreme Court’s ruling on Bihar’s land registration law could curb fraud, protect the poor, and strengthen institutions critical for development.
Chandan K Jha
Sudipta Sarangi
If knowledge alone built wealth, India would be teeming with Warren Buffetts by now. Millions of Indian households know about investing in securities. Very few of them actually bother to do it.
Krishnadevan V
Jimmy vikas/cc
The rupee’s fate will hinge less on daily volatility and more on how India tackles its oil dependence, export narrowness, and dollar reliance.
Michael Patra is an economist and former RBI Deputy Governor.
Arun is a seasoned writer on economic and policy matters.
Abheek is an Independent Economist and the Former Chief Economist at HDFC Bank.
Ajay Srivastava is the founder of the Global Trade Research Initiative.
Vijay, trade expert & ex-IRS officer, works with Deloitte India and Ashoka University’s ICPP.
Dhananjay, a D-School alum, is CEO and Co-Head of Equities at Systematix Group.
Kriti is a psychologist specialising in mental health, org behaviour, and brand strategy
Srinath is an author, corporate advisor, and independent director on corporate boards.
Ex-civil servant Chavaly held key Railways, Finance roles; specialises in infra & PPPs
Nilanjan Banik, Professor at Mahindra University, specialises in trade and development economics.
Sachin was till recently an MD with Standard Chartered Bank.
Rajesh Mahapatra is the former Editor of The Press Trust of India
Krishnadevan is Consulting Editor at BasisPoint Insight.
Chandra advises companies on big-picture narratives on strategy and markets.
Kalyan Ram co-founded Cogencis. He now leads BasisPoint Insight.
Gurumurthy is an ex-central banker who handled markets, and later, financial stability for RBI.