Category: RBI–Banks
👍Banking laws Bill extends tenure of cooperative banks’ directors to 10 yrs | Finance News – Business Standard
https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Clipped from: https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Changes to banking laws have a consumer tilt; no proposal that would allow change in ownership pattern of PSBs Better protection for
Rates to remain elevated for loans, bulk deposits: Bank of India MD & CEO | Interviews – Business Standard
https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html lipped from: https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html With rising cost of funds, loans rates on highly rated corporates will need a relook to protect margins, he says Rajneesh Karnatak,
RBI survey: Bankers remain upbeat on loan demand – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Easy loan terms and conditions are expected to continue in the second half of 2023-24, except for the mining sector Notwithstanding concerns
👍👍👍Bank deposit, locker holders can soon name up to 4 nominees – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/new-bill-to-amend-bank-laws-deposit-accounts-lockers-to-have-up-to-four-nominees/article68506240.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/new-bill-to-amend-bank-laws-deposit-accounts-lockers-to-have-up-to-four-nominees/article68506240.ece More number aimed at reducing unclaimed deposits with bank Soon, deposit holders or locker holders can name up to four persons as
👍👍👍Fintech solutions can positively impact income, savings: CEA Nageswaran | Finance News – Business Standard
https://www.business-standard.com/finance/news/fintech-solutions-can-positively-impact-income-and-wealth-creation-cea-124080801467_1.html Clipped from: https://www.business-standard.com/finance/news/fintech-solutions-can-positively-impact-income-and-wealth-creation-cea-124080801467_1.html Says fintech industry should be aware of the challenges that fintechs may pose to society Chief Economic Advisor V. Anantha Nageswaran The
Staying the course | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/staying-the-course-124080801763_1.html Clipped from: https://www.business-standard.com/opinion/editorial/staying-the-course-124080801763_1.html Mr Das has set the record straight The 50th Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI), which
MPC could have changed stance to neutral – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/mpc-could-have-changed-stance-to-neutral/article68501615.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mpc-could-have-changed-stance-to-neutral/article68501615.ece A change in stance now would have made it possible for a rate cut later this calendar year, if the growth impulse
Do bulk deposits benefit banks? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/do-bulk-deposits-benefit-banks/article68497866.ece Clipped from: https://www.thehindubusinessline.com/opinion/do-bulk-deposits-benefit-banks/article68497866.ece Walkouts, even by a few big depositors, may be misinterpreted as a sign of trouble. This can be concerning The current hike
Reasoning for status quo | Editorial Comment – Business Standard
https://www.business-standard.com/opinion/editorial/reasoning-for-status-quo-124080501413_1.html Clipped from: https://www.business-standard.com/opinion/editorial/reasoning-for-status-quo-124080501413_1.html MPC cannot ignore food inflation The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is meeting this week
Caution on inflation likely – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/caution-on-inflation-likely/3573576/ Clipped from: https://www.financialexpress.com/opinion/caution-on-inflation-likely/3573576/ Emerging tailwinds for an easier monetary policy likely to keep discussion around rate cuts alive. Given the past surprises, however, no firm
Inflation targeting without food is no solution | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/inflation-targeting-without-food-is-no-solution-124080601709_1.html Clipped from: https://www.business-standard.com/opinion/columns/inflation-targeting-without-food-is-no-solution-124080601709_1.html While the interests of famers need to be protected, it would further complicate monetary and macroeconomic management Photo: Bloomberg The Economic Survey