Clipped from: https://www.business-standard.com/companies/news/sbi-card-surpasses-milestone-of-20-million-credit-cards-in-circulation-124120601305_1.html According to a press release by SBI Card, it achieved the milestone of 20 million credit cards in force, having started its credit
Category: RBI–Banks
RBI resists pressure to lower interest rates | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/express-view-rbi-resists-pressure-to-lower-interest-rates-9710870/?ref=view_opinion But in an increasingly uncertain global environment, policy choices are not straightforward. The election of Donald Trump, and the consequent threat of tariffs,
RBI Governor: Slowdown in economic activity bottomed out in July-Sept | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/rbi-governor-slowdown-in-economic-activity-bottomed-out-in-july-sept-9710964/ On the demand side, rural demand is trending upwards while urban demand shows some moderation on a high base, he said while unveiling
Das walks the talk – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-das-walks-the-talk-3686305/?ref=opinion_hp The stock markets stayed listless during the day, but the Sensex snapped a five-day rally to close at 81,709.12 points, down 56.74. RBI
Why RBI isn’t cutting interest rates | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/why-rbi-isnt-cutting-interest-rates-9710867/?ref=opinion_hp Inflation remains a concern for the Indian economy but fiscal policy mitigating supply risks can aid the RBI in balancing it with growth
Restoring balance between inflation and growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/restoring-balance-between-inflation-and-growth/article68956021.ece The MPC’s decision to keep repo rates unchanged was expected. GDP growth in FY25 is likely to touch 6.5% The December 2024 policy
Missed opportunity – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/missed-opportunity/article68955314.ece A rate cut now would have helped support growth So, the Reserve Bank of India’s Monetary Policy Committee has chosen to bat for price
RBI cracks down on digital frauds, introduces AI solution to identify mule bank accounts – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-cracks-down-on-digital-frauds-introduces-ai-solution-to-identify-mule-bank-accounts-3685737/?ref=money_hp RBI launches MuleHunter.AI to combat digital fraud. Discover how it enhances bank security now! RBI cracks down on digital frauds, introduces AI solution
RBI advises banks to urgently bring down number of frozen accounts – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/rbi-advises-banks-to-urgently-bring-down-number-of-frozen-accounts-455970-2024-12-03 RBI advisory follows analysis which revealed the banks with the highest number of frozen accounts, says customers facing problems in seeking activation of
Can we be sure of food inflation? – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-we-be-sure-of-food-inflation/3683404/?ref=opinion_hp Retail vegetable price growth has averaged 10% a month in April 2019-October 2024, almost double the preceding period average, 5.3%. Trend shifts in
GDP shock not a trigger – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gdp-shock-not-a-trigger/3682428/?ref=opinion_hp Apart from growth, which is no doubt important for policymakers, the mandate for the RBI is inflation and there is some discomfort over
SBI seeks RBI relief on inoperative accounts – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-sbi-seeks-rbi-relief-on-inoperative-accounts-3684402/?ref=hometop_hp As per the current norms, a savings or current account is classified inoperative if there is no transaction carried out by the customer
👌👌👌RBI likely to hold rates for 11th straight time: Business Standard poll
Clipped from: https://www.business-standard.com/finance/news/rbi-likely-to-hold-rates-for-11th-straight-time-business-standard-poll-124120100548_1.html May cut cash reserve ratio, lower growth and inflation projections Listen to This Article Notwithstanding gross domestic product (GDP) growth plunging to 5.4
‘Har Ghar Lakhpati’: State Bank of India’s new mantra for deposit accretion
Clipped from: https://www.business-standard.com/industry/banking/har-ghar-lakhpati-sbi-s-new-deposit-mantra-124120100374_1.html Country’s largest lender ups the ante for resources with two new schemes set to launch this month At a time when banks are
PSBs at only 42% of FY25 MUDRA disbursement target by October-end
Clipped from: https://www.business-standard.com/industry/banking/psbs-at-only-42-of-fy25-mudra-disbursement-target-by-october-end-124120200806_1.html As of October 25, MUDRA loans amounting to Rs 28,511 crore or 12.4 per cent of the annual target for PSBs, is still
👌👌👌👌👌RBI monetary policy: ‘Prioritise liquidity support over rate action’ | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/rbi-monetary-policy-prioritise-liquidity-support-over-rate-action-124120300003_1.html With the shockingly low Q2 GDP growth of 5.4 per cent year-on-year (Y-o-Y) last week, growth during the first half of 2024-25 stands
👌👌👌Pressure mounting but RBI may hold its ground & rates – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-pressure-mounting-but-rbi-may-hold-its-ground-amp-rates-3681430/ Rise in CPI inflation to make central bank cautious: Economists Pressure mounting but RBI may hold its ground & rates. The sharp decline
👌👌👌👌👌Are rates stressful or are we barking up the wrong tree? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/are-rates-stressful-or-are-we-barking-up-the-wrong-tree/article68928417.ece Beyond the fickle headlines of strong growth, there is a profusion of distress among households with respect to productive employment and real incomes,
👌👌👌👌👌RBI Deputy Governor red-flags diversion of funds by some MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
RBI may look at OMOs to infuse durable liquidity, say market experts | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-may-look-at-omos-to-infuse-durable-liquidity-say-market-experts-124112701074_1.html Government cash balance turns negative; Fx market remains volatile As the liquidity deficit in banking widens, the Reserve Bank of India (RBI) may
aniltikotekar4sme.com 