India
RBI’s Das: pandemic improved India’s external balance
Boom in software business helped shore up current account and boost RBI reserves, governor says
RBI launches fresh bid to reform co-operative banks
Former deputy brought in to investigate measures to strengthen the troubled sector
RBI offers bond accounts to retail investors
Central bank to sell debt directly to public, as recent auctions show signs of strain
RBI paper tracks impact of rising transparency on expectations
Research uses text mining to study changing degree of transparency at the RBI
RBI tells banks to prepare for delayed impact of Covid-19
Banks have avoided worst of the pandemic, but they must now raise capital, central bank says
RBI’s training college for supervisors goes fully operational
Governor aims to build class of professional supervisors, as Indian banking sector remains fragile
2020: The year in review
The past 12 months have been marked by crisis-fighting and losses, but also innovation
Former RBI official Rabi Mishra on macro-pru in the post-Covid world
The former executive director discusses challenges for supervision and the rise of fintech
Whither the age of ‘magic money’?
EME central banks are more exposed at a time of ‘close to free lunch’ money
RBI on hold as inflation outlook turns ‘adverse’
Central bank in a bind as supply problems drive up prices but growth still needs “nurturing”
Is the RBI doomed to fail its ‘quest for financial stability’?
Covid-19 has set back progress on hard-won reforms
RBI intervenes as another bank comes close to collapse
Failure of Lakshmi Vilas Bank highlights strain on Indian banking sector
Book notes: The great demographic reversal, by Charles Goodhart and Manoj Pradhan
An important book, predicting that powerful demographic forces will upend conventional thinking
RBI adapting to ‘increasingly complex web’ of non-banks
Deputy governor highlights “significant change” to RBI’s regulatory approach
RBI governor tests positive for Covid-19
Shaktikanta Das is one of the most senior central bankers to test positive for coronavirus
Only 25% of central banks operate own printworks
Larger central banks from high income countries are more likely to print notes in-house
People: RBI names new deputy governor
Central banker promoted at RBI; ECB picks new comms chief; BoE FPC member reappointed
RBI chooses to ‘look through’ above-target inflation
New committee chooses to focus on growth as supply factors push up inflation
RBI appointments clear way for delayed MPC meeting
Three new officials will start setting Indian monetary policy this week
‘Combination’ forecasts can beat standard methods – RBI paper
Traditional inflation-output relationship seems “broken”, authors say
RBI postpones MPC meeting after failure to appoint new members
Committee falls below quorum at a difficult time for the Indian economy
RBI unveils debt restructuring plan
Aim is to save viable businesses while letting hopeless cases fail
Book notes: Quest for restoring financial stability in India, by Viral Acharya
A definitive contribution to the political economy of central banking in emerging economies, but author does not acknowledge the challenges moving forward
RBI launches national financial education strategy
Educational push complements rapid improvement in Indian financial inclusion, RBI says