Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cryptos-put-indias-richie-rich-in-a-catch-22-situation-legality-of-transaction-may-be-questioned/articleshow/82076589.cmsSynopsis Others have purchased cryptos online from foreign sellers using their debit and credit cards. But there are question marks whether the LRS route
Category: RBI–Banks
What’s behind G-SAP 1.0 – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/whats-behind-g-sap-10/article34319824.ece With the new Government Securities Acquisition Programme, the RBI has announced an advance calendar for purchasing G-secs. It hopes that with this purchase,
A bank in the wallet? RBI has just taken Indian banking to next stage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-bank-in-the-wallet-rbi-has-just-taken-indian-banking-to-next-stage/articleshow/82062459.cmsSynopsis Over the last decade, the digital wallet payment system has not only captured a significant market share but also completely revolutionised the payment
Will govt business recharge private banks? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-govt-business-recharge-private-banks/article34312544.ece The move will push privatisation of Indian banking and boost ease of doing business Two recent pronouncements, one by the Prime Minister in
Fintech boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wallets-payment-banks-have-been-unshackled-but-they-must-ensure-data-security/article34312546.ece Wallets, payment banks have been unshackled but they must ensure data security At the recently concluded Monetary Policy Committee meeting, the Reserve Bank
G-SAP 1.0: Has RBI embarked on the path of quantitative easing? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/g-sap-10-has-rbi-embarked-on-the-path-of-quantitative-easing/article34311345.ece?homepage=true While it is similar to QE of advanced economies, the central bank’s programme is short-term in nature, restricted to G-secs and is not
Fall in gold prices to trigger demand for more collateral – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fall-in-gold-prices-to-trigger-demand-for-more-collateral/article34304915.ece?homepage=true Gold loan customers forced to reset or renew their loans at the new LTV Shrikant Jadhav, promoter of a small manufacturing units at
Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-falls-below-75-to-dollar-on-massive-equity-sell-off-rbi-intervenes-121041201044_1.html Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too The
India to see ‘k-shaped’ recovery as inequalities grow: ex-RBI governor | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-to-see-k-shaped-recovery-as-inequalities-grow-ex-rbi-governor-121041200466_1.html Duvvuri Subbarao says policymakers have limited to help the economy as India battles a second wave of Covid-19 cases. Former RBI governor D
Paytm Payments Bank registers over 970 million transactions in March 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-payments-bank-registers-over-970-million-transactions-in-march-2021-121041300049_1.html PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts Paytm Wallet has 325 million
Why G-SAP 1.0 is a bold move by RBI – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/why-g-sap-1-0-is-a-bold-move-by-rbi/2231796/ The government, with its massive borrowing programme, can breathe a sigh of relief as long-term borrowing costs come down In RBI’s language, the
How to maintain optimum credit score – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/how-to-maintain-optimum-credit-score/articleshow/82003312.cmsSynopsis Though there are different credit cards offered, one should pick that suits the requirements. Instead of opting for multiple cards, one must choose
Gold price correction to hit banks more than NBFCs: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/fall-in-gold-prices-may-not-significantly-impact-nbfcs-asset-quality-report/articleshow/82032154.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis However, banks that were aggressively disbursing gold loans during the last fiscal may see some impact on their asset quality, Crisil Ratings said
How the RBI intervened to arrest rupee’s fall – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/how-the-rbi-intervened-to-arrest-rupees-fall/articleshow/82035521.cms SynopsisThe central bank, according to market sources, net sold an estimated $600 million in the exchange traded futures market to arrest the rupee’s
Earn higher interest on FD for getting vaccinated – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/earn-higher-interest-on-fd-for-getting-vaccinated/articleshow/82036438.cmsSynopsis Public sector bank Central Bank of India is offering 25 basis points (one bps is 0.01 %) extra over card rates for citizens
Archeron group to offer banking services powered by algorithms and quantum technology – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-tech/archeron-group-to-offer-banking-services-powered-by-algorithms-and-quantum-technology/article34296120.ece Bengaluru-based Archeron group plans to open five banks that are run entirely by AI and quantum technologies–CLICK TO READ FURTHER
Moral hazards of RBI’s balance sheet approach – The Hindu BusinessLine
Moral hazards of RBI’s balance sheet approach – The Hindu BusinessLine https://www.thehindubusinessline.com/opinion/moral-hazards-of-rbis-balance-sheet-approach/article34295981.eceMonetary Policy with short-term, narrow goals can destroy credibility in the long run—CLICK TO
Tough game – The Hindu BusinessLine
Tough game – The Hindu BusinessLine https://www.thehindubusinessline.com/opinion/editorial/in-its-effort-to-manage-the-yield-curve-the-rbi-must-not-get-entangled-into-a-qe-trap/article34296005.eceIn its effort to manage the yield curve, the RBI must not get entangled into a QE trap—-CLICK TO
Jan Dhan accounts see unusual surge in total balance in March – The Hindu BusinessLine
Jan Dhan accounts see unusual surge in total balance in March – The Hindu BusinessLine https://www.thehindubusinessline.com/money-and-banking/jan-dhan-accounts-see-unusual-surge-in-total-balance-in-march/article34296858.ece?homepage=true Defying the normal pattern, total balance in the basic
Your Money: What EBITDA and EBIT tell about a firm’s performance – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-ebitda-ebit-tell-about-a-firms-performance/2230260/ We need to know the application of EBITDA & EBIT to arrive at a correct valuation of firms The operating revenue for TL
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