Category: RBI–Banks
*******The RBI’s fine balancing act – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-rbis-fine-balancing-act/3741599/ Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing the repo rate
*******RBI’s policy: Flexible, adaptable & balanced – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-policy-flexible-adaptable-balanced/3741637/?ref=hometop_hp MPC statement has delivered tangible as well as intangible policy blueprints. he Reserve Bank of India (RBI). (PTI) By Soumya Kanti Ghosh The
*******MPC should wait and watch as global risks complicate rate decisions
Clipped from: https://www.business-standard.com/opinion/columns/mpc-should-wait-and-watch-as-global-risks-complicate-rate-decisions-125020501742_1.html Global uncertainty demands caution on monetary policy Listen to This Article The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India
*******Sober Budget, amidst middle class euphoria – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/sober-budget-amidst-middle-class-euphoria/article69184978.ece The middle class would also be expecting an MPC rate cut for its consumption, but RBI needs to factor in stubbornly high inflation
*50:50 chance: Will RBI cut rates, infuse liquidity amid currency pressure? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/50-50-chance-will-rbi-cut-rates-infuse-liquidity-amid-currency-pressure-125020200557_1.html It can, if it is convinced that the adjustment in the rupee valuation has already been done and the local currency has found
*****Indian banks’ credit cost key monitorable for foreseeable future, Fitch Ratings official says – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Credit costs play a critical profitability factor for Indian banks, as evidenced during the last major asset quality downturn, and will remain
*Financial institutions need to have another aggregator to protect them from frauds: DFS Secy Nagaraju – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/financial-institutions-need-to-have-another-aggregator-to-protect-them-from-frauds-dfs-secy-nagaraju/article69136275.ece That financial institutions need to remain vigilant, upskill their employees, and put in efforts to maintain customer trust and institutional stability In the
*******RBI asks banks to uses tool that identifies phone numbers to curb fraud | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/rbi-asks-banks-to-uses-tool-that-identifies-phone-numbers-to-curb-fraud-125012400390_1.html Regulator asks financial institutions to use special number series for promotional voice calls The Reserve Bank of India (RBI) has issued new guidelines for banks,
Ombudsman disposed of 95% of complaints received in FY24, says RBI | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/ombudsman-disposed-of-95-of-complaints-received-in-fy24-says-rbi-125012401605_1.html Complaints against banks and NBFCs represented 82.28 per cent and 14.53 per cent of the total complaints, respectively. Loans, advances formed the largest