Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/070421/dc-edit-nurture-is-the-best-policy-but-watch-out-for-inflation.html An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in
Category: RBI–Banks
MPC: Steady opening for 2nd innings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-steady-opening-for-2nd-innings-ep/article34265674.ece?homepage=true RBI may need a much larger G-sec buying programme to meet the objectives of government’s borrowing plan In its first meeting of 2021-22,
RBI’s tightrope walk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/in-balancing-growth-and-inflation-concerns-the-mpc-might-soon-run-out-of-options/article34265630.ece In balancing growth and inflation concerns, the MPC might soon run out of options India’s monetary policy authorities are faced with an unenviable
India’s very own Quantitative Easing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-very-own-quantitative-easing/2228860/ RBI has done well to commit its balance sheet to further monetary policy, but the risk is one worth taking As bond market
RBI Monetary Policy’s 10 key takeaways: Repo rate, liquidity, TLTRO, growth, inflation, more – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-monetary-policys-10-key-takeaways-repo-rate-liquidity-tltro-growth-inflation-more/2228735/ The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 per cent, as was expected. The
RBI to buy bonds in India’s version of QE – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-dues-dont-attach-assets-at-the-drop-of-a-hat-sc-to-taxman/2228875/ Justice Chandrachud further asked officers to strike a balance between protecting government revenue and allowing genuine businesses to operate. “In order to make
India’s very own Quantitative Easing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-very-own-quantitative-easing/2228860/ RBI has done well to commit its balance sheet to further monetary policy, but the risk is one worth taking As bond market
In six years, ₹14.96 lakh crore sanctioned under PM Mudra scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/in-six-years-1496-lakh-crore-sanctioned-under-pm-mudra-scheme/article34263064.ece Under the scheme, collateral-free loans up to ₹10 lakh provided for income-generating activities in manufacturing, trading, and agriculture. In the six years since
Decoding RBI’s new digital payments moves and their impact on fintech ecosystem – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/decoding-rbis-new-digital-payments-moves-and-their-impact-on-fintech-ecosystem/articleshow/81950089.cmsSynopsis The central bank governor Shaktikanta Das in his Monetary Policy Committee (MPC) address said that fintech companies such as prepaid instrument issuers (PPIs),
Inside RBI’s new plan to fight Covid’s second charge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inside-rbis-new-plan-to-fight-covids-second-charge/articleshow/81945324.cmsSynopsis At today’s policy meet, the RBI held the repo rate, its key lending rate, at 4% and kept the reverse repo rate, the
RBI Policy: How the key changes will make digital payment, money transfer easier – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-policy-how-the-key-changes-will-make-digital-payment-money-transfer-easier/2228806/ To transfer money through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS), you may not visit your bank branch or login
RBI inflation forecasting: RBI amends India’s criticized inflation-forecasting model – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-amends-indias-criticized-inflation-forecasting-model/articleshow/81956099.cmsSynopsis Dubbed as the Quarterly Projection Model 2.0, the RBI’s economists describe the framework as a forward-looking, open economy, calibrated, new-Keynesian gap model. The
RBI status quo on policy supportive of economic growth; liquidity measures in right direction: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-status-quo-on-policy-supportive-of-economic-growth-liquidity-measures-in-right-direction-experts/articleshow/81953118.cmsSynopsis The six-member Monetary Policy Committee (MPC) unanimously decided to continue with the accommodative stance as long as necessary to sustain growth on a
RBI revises inflation projection upwards: What changed in 2 months?–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-revises-inflation-projection-upwards-what-changed-in-2-months/story/435943.html While the RBI has kept the repo rate unchanged, hinting at short-term interest rates to remain low, the risk from ultra-loose monetary policy
RBI’s MPC keeps key lending rates unchanged; maintains accommodative stance–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/rbi-mpc-keeps-key-lending-rates-unchanged-maintains-accommodative-stance/story/435942.html RBI Governor Shaktikanta Das says MPC kept its estimate for economic growth unchanged at 10.5 per cent for FY22. MPC also saw inflation
Tweak the formula for small savings rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/tweak-the-formula-for-small-savings-rates/article34255379.ece There’s a need to de-link the small savings rates from the G-Sec market. Also, the setting period needs reconsideration The announcement relating to
Why cash is still king in Indian economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-cash-is-still-king-in-indian-economy/article34255724.ece Collapse of credit confidence post-GST and now Covid has played a role, besides illicit Chinese imports The riddle of a dramatic and record
RBI proposes mandatory interoperability of full KYC prepaid instruments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-proposes-mandatory-interoperability-of-full-kyc-prepaid-instruments/article34260479.ece?homepage=true Increase in Account Limit to ₹2 lakh The Reserve Bank of India has proposed to make interoperability mandatory for full-KYC prepaid instruments (PPIs)
Chola joins consortium for retail payments NUE – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/chola-joins-consortium-for-retail-payments-nue/2228244/ FSS, Zoho, Zerodha, RazorPay, Ujjivan and Airpay are also part of the Vishwakarma Payments consortium. Chola operates from 1,135 branches across India with
Small business lender Lendingkart raises new debt funding to disburse loans to 5,000 MSMEs via NBFC arm – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-small-business-lender-lendingkart-raises-new-debt-funding-to-disburse-loans-to-5000-msmes-via-nbfc-arm/2227855/ Credit and Finance for MSMEs: Lendingkart, which has disbursed over 1 lakh loans to more than 91,000 MSMEs so far through its NBFC
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