RBI's Das Says Policy Depends on Data; Monitoring Shadow Banks

RBI's Das Says Policy Depends on Data; Monitoring Shadow Banks

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Interactive Video

Business

University

Hard

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The transcript discusses the central bank's policy, emphasizing the dependency on economic data for future actions. It highlights the aggressive monetary easing in Asia, aiming to support economic growth. The decline in core prices is analyzed, showing both positive and negative aspects due to weak demand in India. Financial stability concerns are addressed, focusing on banking issues and currency support. The monitoring of non-bank lenders is crucial to prevent systemic risks in the financial sector.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of monitoring core prices according to the central banker?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What signs of economic stability did the central banker mention?

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