India; 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India

Indiaâ€™s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting it under strain. The staff report for Indiaâ€™s 2008 Article IV Consultation discusses economic developments and policies. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has been quick in reversing its policy stance and the reductions in interest rates, the cash reserve ratio, and the statutory liquidity requirement together with stepped-up open market operations have been fully warranted.

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Year of publication:	2009-03-18
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Central bank policy \| Corporate sector \| Credit risk \| Economic growth \| Economic indicators \| Financial risk \| Liquidity management \| Millennium Development Goals \| Staff Reports \| bonds \| financial stability \| corporate bonds \| bond issuance \| bond \| financial institutions \| financial system \| commodity prices \| capital flows \| financial sector \| capital inflows \| foreign capital \| capital account liberalization \| capital markets \| stock market \| domestic credit \| corporate bond market \| current account deficit \| government securities \| debt service \| current account balance \| portfolio investment \| capital market \| capital adequacy \| government bonds \| domestic capital \| derivative \| financial markets \| capital adequacy ratio \| deposit growth \| corporate bond \| financial market \| credit rating \| subsidiaries \| bond market \| capital position \| capital needs \| international reserves \| investment in corporate bonds \| equity prices \| stock exchange \| domestic capital market \| credit expansion \| global capital markets \| capital outflows \| capital formation \| securitization \| deposit rates \| working capital \| rediscount \| interest rate risk \| financial reform \| guaranteed bonds \| commercial bank lending \| volatile capital flows \| hedging \| interest rate ceilings \| volatile capital \| capital market activity \| derivatives markets \| deposit insurance \| headroom \| financial volatility \| equity markets \| equity derivatives \| bond yield \| systemic banking crises \| stock market index \| government bond yield \| credit rating agencies \| equity market \| gross capital formation \| capital asset ratio \| national stock exchange \| excess liquidity \| risk aversion \| determinants of capital flows \| international financial statistics \| net present value \| capital controls \| international standards \| financial assets \| domestic borrowers \| domestic money market \| financial corporations \| government bond \| financial resources \| interest rate futures \| stock market decline \| domestic credit expansion \| flexible exchange rate \| financial contagion \| money market \| present value \| capital gains \| domestic corporate bond \| real effective exchange rate \| bank bonds \| securities markets \| capital asset \| debt securities \| consumer price index \| equity investment \| international bond

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/187 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244299