Clipped from: https://www.business-standard.com/finance/news/credit-cards-get-a-festive-boost-spends-increase-25-in-september-124102901464_1.html Experts attributed the healthy growth to festive demand and the base effect Credit card spending in September recorded strong growth of 25 per
Category: RBI–Banks
👌RBI’s domestically-held gold reserves jump 510.46 MT by end-September | Commodities – Business Standard
Clipped from: https://www.business-standard.com/markets/commodities/rbi-s-domestically-held-gold-reserves-jump-510-46-mt-by-end-september-124102901071_1.html As of end-September, the Reserve Bank of India (RBI) held 854.73 metric tonnes of gold, compared to 822.10 metric tonnes at the end
When deposits become ‘assets’ of banks: Innovation needed beyond high rates | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/when-deposits-become-assets-of-banks-time-for-innovation-over-high-rates-124102700468_1.html Offering a higher interest rate is an easy but costly solution My neighbour Mr Fernandez has resumed his habit of visiting bank branches.
Gold loans: Test by fire – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/gold-loans-test-by-fire/article68802840.ece Governance, compliance in focus as RBI cautions lenders against lapses Gold loans are used by many Indian households to meet financial exigencies —
👌👌👌FinMin to review public sector banks co-lending, MSME credit | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/on-the-table-finmin-to-review-public-sector-banks-co-lending-msme-credit-124102401252_1.html DFS secy M Nagaraju to chair meeting on November 5 Representational Image Listen to This Article Department of Financial Services (DFS) Secretary M
Growth needs to be supported by cheaper credit: MPC external member Nagesh | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/growth-needs-to-be-supported-by-cheaper-credit-mpc-external-member-nagesh-124102301453_1.html Food inflation driven by supply side rather demand which is addressed by monetary policy Representative Picture Nagesh Kumar, one of the three newly
👌👌👌👌👌👌👌NRE & NRO accounts: A comprehensive guide for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
👌👌👌👌👌Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dilemma-for-monetary-policy-says-rbi-dy-guv-patra/article68782512.ece RBI Deputy Governor Patra discusses India’s growth trajectory, inflation control, and monetary policy dilemma at New York Fed Seminar. Uncertainty shocks for India
👌👌👌👌👌India poised to rebound to 8% growth trend: RBI Deputy Governor Patra | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/india-poised-to-rebound-to-8-growth-trend-rbi-deputy-governor-patra-124102200993_1.html Headline inflation likely to remain on track throughout 2025-26 (Photo: Reuters) Following the pandemic recovery, India is likely to return to its long-term
Axis Bank, Kotak Mahindra Bank, and RBL Bank saw increased slippages from unsecured loans like credit cards in Q2, but HDFC Bank remained unaffected
Clipped from: https://www.business-standard.com/industry/banking/private-banks-see-elevated-slippages-from-unsecured-loans-in-q2fy25-124102100969_1.html Axis Bank, Kotak Mahindra Bank, and RBL Bank saw increased slippages from unsecured loans like credit cards in Q2, but HDFC Bank remained
👌👌👌Monetary policy can’t quell stubborn food inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/monetary-policy-cant-quell-stubborn-food-inflation/article68760997.ece Monetary policy cannot do very much to control food inflation, given that it is caused by supply bottlenecks rather than increase in demand
👌👌👌Why exchange rate volatility is essential for economic flexibility | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/why-exchange-rate-volatility-is-essential-for-economic-flexibility-124101701598_1.html While some people view exchange rate fluctuation as detrimental to the economy, it is, in fact, a crucial element of economic flexibility In
👌👌👌👌👌We don’t want to join any party: RBI Guv on rate cut by other central banks | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rate-cut-at-this-stage-will-be-premature-and-very-risky-rbi-governor-das-124101800855_1.html We are not managing the exchange rate, Das clarified RBI Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned on
👌👌👌Over-reliance on AI poses financial stability risks: RBI Governor Das | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/over-reliance-on-ai-may-pose-financial-stability-risks-rbi-governor-124101400757_1.html Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored (Photo: Shutterstock) Listen to This Article Reserve Bank of
PSU defaults, moral hazards: Can banks keep relying on govt ownership? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/psu-defaults-moral-hazards-can-banks-keep-relying-on-govt-ownership-124101300301_1.html MTNL and RINL aren’t good stories, particularly when both lenders and investors are getting their appetite for the infrastructure sector back Listen to
Why banks are branching furiously – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/why-banks-are-branching-furiously/article68748759.ece From financial inclusion to wooing back savings deposits, lenders have reasons to reject digital-only mode Even as digital banking finds more and more
Unambiguous commitment: MPC wants the disinflation process to be completed | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/unambiguous-commitment-mpc-wants-the-disinflation-process-to-be-completed-124100901280_1.html Monetary policy committee’s shift offers flexibility but no signal of rate cuts; RBI Governor highlights inflation and stability as key priorities Listen to
Retail credit growth moderated in Q1 as lenders tightened personal loans supply: TransUnion CIBIL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/retail-credit-growth-moderated-in-q1-as-lenders-tightened-personal-loans-supply-transunion-cibil/article68675066.ece NTC consumer share hits record low Retail credit growth moderated in the first quarter as lenders tightened personal loan supply even as the
Repo and Reverse Repo Rate:रेपो आणि रिव्हर्स रेपोदराचा परिणाम
Clipped from: https://www.esakal.com/premium-article/difference-between-repo-rate-and-reverse-repo-rate-definition-meaning-effect-on-life-explained-marathi-skp29 ॲड. प्रतिभा देवी भारतीय रिझर्व्ह बँकेची पतधोरण समिती दर दोन महिन्यांनी पतधोरण जाहीर करते, तेव्हा सर्वांचे लक्ष रेपोदराकडे लागलेले असते. पतधोरणात रेपोदर वाढणार,
👌Banker’s Trust: All you want to know about SROs in finance sector | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/banker-s-trust-all-you-want-to-know-about-sros-in-finance-sector-124092200396_1.html The key to effective implementation of the SRO regime is avoiding overlap In August, the Reserve Bank of India (RBI) recognised the Fintech
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