michael patra

MUMBAI: Arguing for a pause in rate hikes, RBI governor Shaktikanta Das said in the minutes of the monetary policy committee (MPC) meeting that the fight against inflation is “far from over” and there was a need to focus on the withdrawal…

MUMBAI: The minutes of the central bank's monetary policy committee (MPC) meeting held on February 8 rule out any policy pivot by the RBIand raise the possibility of another rate hike.The minutes reveal that the RBI governor Shaktikanta…

<!-- -->Mr Patra said that humour in monetary policymaking reflects serious concerns about the economy. (File)New Delhi: Reading monetary policy statements is a dreary affair for many. Framing the policy can be even duller. But…

Mumbai : RBI deputy governor Michael Patra has said that monetary policy on its own cannot influence long-run growth of the economy. Highlighting the challenges before monetary policymakers, Patrasaid that there is no visibility on the…

<!-- -->Michael Patra said monetary policy alone cannot influence growth in an economy.(File)Mumbai: Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging task in a volatile…

NEW DELHI: Inflation trajectory continues to be "heavily contingent" upon the evolving geopolitical developments, international commodity prices and global financial sector developments, Reserve Bank deputy governor Michael Debabrata Patra…

MUMBAI: Reserve Bank of India deputy governor Michael Patrasaid that the front-loading of interest rate hikes to tame inflation will reduce the need for subsequent increases. In the near term, however, he said the inflation trajectory…

MUMBAI: The Reserve Bank's rate setting panel is likely to opt for slowing down the pace of hikes and increase the repo rate by 0.25 per cent in September, Deutsche Bank said on Monday. The central bank has already hiked the repo rate by…

MUMBAI: Hinting at the likelihood of further rate hikes in the October policy, a report released by the RBIon Thursday said that inflation continues to be above target level and may require a response. The easing of inflation in July was…

Indications are that inflation has peaked in April itself and will fall within the upper tolerance band of 6 percent in the first quarter of FY'23-24. But later bringing it further down could be a challenge according to a team of Reserve…