The role of the yield curve in monetary policy deliberations As we all know, the understanding of the dynamic evolution and the forecasting of the yield curve has many practical applications: pricing asset and derivatives, devising strategies for public debt programs, managing risk and conducting monetary policy.
First year economics: there is no free lunch. RBI dividend policy A fundamental lesson in economics is there is no free lunch. This can be seen in the matter of the RBI dividend: Some commentators seem to suggest that public sector banks could be recapitalized entirely if only the RBI paid a larger dividend to the Government.