RBI Holds Repo Rate at 5.25%: Strategic Push for Foreign Capital Amid Inflation Risks
RBI maintains repo rate at 5.25% to attract foreign capital, balancing inflation control and growth amid economic pressures.
89
Welcome to VTechX Hub
Sign in to bookmark insights, track signals, and get a personalized feed.
Soumya Kanti Ghosh is an esteemed economist currently serving as the Group Chief Economic Advisor at the State Bank of India (SBI). In this pivotal role, he is responsible for providing economic insights and guidance that influence the bank's strategic decisions and policies. His expertise is particularly significant in the context of India's financial landscape, where economic advisory plays a crucial role in shaping fiscal strategies and responding to market dynamics. In addition to his position at SBI, Ghosh is a member of the 16th Finance Commission, which is tasked with recommending the distribution of tax revenues between the central government and the states of India. This role underscores his influence in national economic policy-making and highlights his contributions to the broader economic framework of the country. Furthermore, he is also a member of the Prime Minister's Economic Advisory Council (PMEAC), where he collaborates with other experts to provide strategic advice to the government on economic issues, thereby enhancing his relevance in high-level economic discussions and policy formulation. Ghosh's professional background includes significant experience in various prestigious organizations. He has previously worked at Tata AIA, American Express, and ICRA, among others. This diverse experience has equipped him with a comprehensive understanding of both the private and public sectors, allowing him to draw on a wide range of perspectives in his current advisory roles. His contributions to the field of economics are further exemplified by his involvement in pioneering work to capture payroll data, which reflects his commitment to advancing economic research and analysis. Overall, Soumya Kanti Ghosh's role as Group Chief Economic Advisor at the State Bank of India, along with his memberships in the Finance Commission and PMEAC, positions him as a key figure in India's economic landscape. His insights and recommendations are vital for navigating the complexities of the Indian economy, making his work significant for both the banking sector and national economic policy.
Soumya Kanti Ghosh works at State Bank of India.
RBI maintains repo rate at 5.25% to attract foreign capital, balancing inflation control and growth amid economic pressures.
VTechX HubIn this pivotal role, he is responsible for providing economic insights and guidance that influence the bank's strategic decisions and policies.
Ask VTechX Intelligence about Soumya Kanti Ghosh
Deep-dive analysis with verified sources