In order for their ratings to be accurate, agencies need both up-to-date information, as well as good analysis. Agencies have asked the RBI to give them information about corporate bank borrowings. Since these are available from the credit information bureaus (CIBs), the RBI has suggested the credit rating agencies become members of CIBs.
This is not the place for a comprehensive discussion on the determinants of trend growth in output, but most of the studies which have examined this issue focus on issues quite unrelated to monetary policy. For example, some studies have suggested that high levels of taxation discourage growth through their effect on incentives to work, save and innovate.