RBI’s monetary policy has ‘asymmetric transmission’ in financial markets: SBI
While transmission from a rate change is generally "instantaneous" in money market, it is not so in bank lending and G-sec market
While transmission from a rate change is generally "instantaneous" in money market, it is not so in bank lending and G-sec market
RBI experts argue the economy is "intrinsically better positioned" than others, thanks to demonstrated resilience and its reliance on domestic drivers.