Clipped from: https://www.financialexpress.com/opinion/rising-bank-credit-highlights-financing-strain-as-non-bank-flows-decline/3616153/ The sharp growth in bank credit shares reflects a devolvement of the growing deficit in non-bank resource flows, especially foreign. Increased dependency on
Category: RBI–Banks
👌👌👌RBI unlikely to cut rates soon, but prolonged elevation could harm economy – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/rbi-unlikely-to-cut-rates-soon-but-prolonged-elevation-could-harm-economy/3616140/ Clipped from: https://www.financialexpress.com/opinion/rbi-unlikely-to-cut-rates-soon-but-prolonged-elevation-could-harm-economy/3616140/ Our central bank may not immediately follow what Fed has done, but rates should not remain elevated for very long. Back home,
👌RBI unlikely to follow the Fed in cutting rates – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-unlikely-to-follow-the-fed-in-cutting-rates/article68660705.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unlikely-to-follow-the-fed-in-cutting-rates/article68660705.ece The better liquidity position may provide the cushion to the Central Bank to ensure that the financial system can support the festive
👌👌👌Fed rate cuts: Despite 50-bps rate cut, Jerome Powell says not going back to the era of easy money – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/technical-analysis/fed-rate-cuts-despite-50-bps-rate-cut-jerome-powell-says-not-going-back-to-the-era-of-easy-money/article68658793.ece Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/fed-rate-cuts-despite-50-bps-rate-cut-jerome-powell-says-not-going-back-to-the-era-of-easy-money/article68658793.ece Nifty and Dollar turn volatile, projections show 50-bps more rate cut for this year The US Federal Reserve on Wednesday made a
Banks take securitisation route for liquidity, lower credit deposit ratio | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-take-securitisation-route-for-liquidity-lower-credit-deposit-ratio-124091901089_1.html Clipped from: https://www.business-standard.com/finance/news/banks-take-securitisation-route-for-liquidity-lower-credit-deposit-ratio-124091901089_1.html Rating agency ICRA estimates Rs 45,000 crore to Rs 50,000 worth of securitisation and direct assignment deals in the July-Sep quarter Representative
👌👌👌👌👌Transaction limit for Tax Payment using UPI increased to 5 lakh in Single Transaction
Clipped from: https://www.taxscan.in/transaction-limit-for-tax-payment-using-upi-increased-to-5-lakh-in-single-transaction/437954/ The National Payments Corporation of India ( NPCI ) has increased transaction limits for tax payments using Unified Payments Interface ( UPI ), allowing people
RBI unlikely to cut rates in 2024 amid food inflation uncertainty: SBI | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-unlikely-to-cut-rates-in-2024-over-food-inflation-uncertainty-sbi-124091800672_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-unlikely-to-cut-rates-in-2024-over-food-inflation-uncertainty-sbi-124091800672_1.html The US Federal Reserve’s first cut in interest rates in more than four years is expected soon, triggering central banks in other
‘Unsecured credit growth slows but demand remains strong’: Fibe co-founder | Start Ups – Business Standard
https://www.business-standard.com/companies/start-ups/even-as-unsecured-credit-growth-moderates-demand-persists-fibe-co-founder-124091801116_1.html Clipped from: https://www.business-standard.com/companies/start-ups/even-as-unsecured-credit-growth-moderates-demand-persists-fibe-co-founder-124091801116_1.html Digital lending company Fibe sanctioned 46.6 million loans in H2FY24, showing an 8.4 per cent increase from H1FY24. The firm has raised
👌Corporate bond market needs to be strengthened: SBI chairman Setty | Finance News – Business Standard
https://www.business-standard.com/finance/news/corporate-bond-market-needs-to-be-strengthened-sbi-chairman-setty-124091801465_1.html Clipped from: https://www.business-standard.com/finance/news/corporate-bond-market-needs-to-be-strengthened-sbi-chairman-setty-124091801465_1.html “One of the major points in corporate lending is that it was mainly done by banks. Corporate bond market still has to
👌👌👌Casa ratio of banks may fall to pre-Covid level: SBI chief CS Setty | Banking – Business Standard
https://www.business-standard.com/industry/banking/casa-ratio-may-fall-further-as-govt-enhances-cash-management-sbi-chairman-124091801239_1.html Clipped from: https://www.business-standard.com/industry/banking/casa-ratio-may-fall-further-as-govt-enhances-cash-management-sbi-chairman-124091801239_1.html But Setty says SBI will hold on to current share by tapping small businesses The share of low-cost deposits in the banking
👌👌👌Bank of Baroda introduces GenAI-powered virtual relationship manager for conversational banking – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bank-of-baroda-introduces-genai-powered-virtual-relationship-manager-for-conversational-banking/article68650732.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-of-baroda-introduces-genai-powered-virtual-relationship-manager-for-conversational-banking/article68650732.ece These human-like interface presented in the form of digital avatars, offer conversational banking across a range of services Bank of Baroda (BoB)
👌Gold loan surges post RBI curbs on unsecured personal credit – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/data-focus/gold-loans-from-banks-and-nbfcs-surge-as-rbi-clamps-down-on-unsecured-personal-loans/article68651437.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/gold-loans-from-banks-and-nbfcs-surge-as-rbi-clamps-down-on-unsecured-personal-loans/article68651437.ece NBFCs lead, but banks’ gold loan outstandings have risen 30% y-o-y as of June The Reserve Bank of India’s clampdown on unsecured lending has
Last mile woes: On inflation data and the challenges – The Hindu
https://www.thehindu.com/opinion/editorial/%E2%80%8Blast-mile-woes-on-inflation-data-and-the-challenges/article68639297.ece Clipped from: https://www.thehindu.com/opinion/editorial/%E2%80%8Blast-mile-woes-on-inflation-data-and-the-challenges/article68639297.ece Inflation should not be allowed to undermine the economic momentum The latest retail inflation data from the National Statistical Office yet again highlights the
Review inflation target: Should food be excluded from RBI’s measure? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/review-inflation-target-should-food-be-excluded-from-rbis-measure/3610683/?ref=morelatest_hp Clipped from: https://www.financialexpress.com/opinion/review-inflation-target-should-food-be-excluded-from-rbis-measure/3610683/?ref=morelatest_hp Review of the flexible inflation targeting framework sought on questionable grounds. It is not only the inflation targeting framework, but all monetary
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