A ceasefire eased the backdrop, but RBI’s message was clear: policy stays flexible, FX steps are temporary, and risks to growth and inflation remain live.
Aastha Gudwani
April 8, 2026 at 1:03 PM IST
RBI’s internal group recommends retaining the weighted average call rate as the policy anchor, citing its strong correlation with money market rates and effective signal transmission.
BasisPoint Insight
August 6, 2025 at 7:15 AM IST
July 23, 2025 at 8:01 AM IST
RBI lets call rate rise to repo, not to shock but to signal. The WACR is still the anchor, and markets now have no excuse to think otherwise.
BasisPoint Groupthink
July 22, 2025 at 3:16 AM IST
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