In his maiden monetary policy review briefing, Reserve Bank of India Governor Shaktikanta Das outlined the Monetary Policy Committee’s (MPC) decisions that would please almost everyone — from the average home loan borrower to
Category: RBI–Banks
New RBI governor a cheer leader for growth | Business Standard Column
Almost every analyst was expecting a change in the Reserve Bank of India’s (RBI) monetary policy stance from “calibrating tightening” to “neutral”, and all six members of
RBI Monetary Policy review: Market-friendly policy indicates there could be more cuts ahead | Business Standard News
The decision to lower rates by 25 basis points (bps) does come as a surprise though the change in stance was on expected lines. Quite
RBI increases limit on collateral-free agriculture loans to Rs 1.6 lakh | Business Standard News
To boost liquidity in the farming sector, particularly among small and marginal farmers, the RBI on Thursday announced increasing the limit on collateral-free agriculture loans
Hawk turns dove – The Hindu BusinessLine
Having a new Governor at the helm of the Reserve Bank of India seems to have wrought a sea change in the Monetary Policy Committee’s
RBI plays ball by cutting rates – The Hindu BusinessLine
As many as 32 economists out of the 43 surveyed by a news agency a day before expected the MPC of RBI to keep the
RBI Policy analysis: Despite rate cut, deposit and lending rates are unlikely to come down in a hurry – The Hindu BusinessLine
Despite concern over the fiscal deficit and sticky core inflation, the RBI chose to surprise markets and cut its key policy repo rate — at which banks
Growth prop: On RBI repo rate cut – The Hindu
Barely four months after the Reserve Bank of India switched its monetary policy stance to one of ‘calibrated tightening’, signalling interest rates were set to
Das capital for Modi: rate cut | Deccan Herald
In the very first Monetary Policy Committee meeting under him, RBI Governor Shaktikanta Das has delivered for the Narendra Modi government what his predecessor Urjit
Rate cut: RBI price fall claim contradicts survey | Deccan Herald
Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine
Cheaper EMIs, if banks permit–Deccan Chronicle
Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to
EDITORIAL | Jobs: Modi’s Mudra mess | Deccan Herald
Mudra loan Faced with a crisis of jobs, Prime Minister Narendra Modi and his government continue to talk up Mudra loans and claim that it
India’s shadow banks dread builder bankruptcies – The Economic Times
By Andy Mukherjee Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans
Bank Services: Lenders bank on bots to improve customer service–Economic Times
Banks are finding ways of harnessing technology to transform customer service by automating customer queries, minimising human intervention and extending services to accomplish financial tasks over chat
MSME: CII’s conference on MSME financing for SC/ST entrepreneurs to address funding options – The Economic Times
To actualise this, the Government of India, through the Ministry of MSME, has introduced many specially formulated, SC/ST-targeted schemes. MSMEs are the backbone of Indian
Banks cannot be absolved of liability for unauthorised withdrawals: Kerala HC – The Economic Times
SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the
Banks need Rs 20 lakh crore deposits for credit growth, may up rates: Report – The Economic Times
The additional deposit requirements will also “put upward pressure on the interest rates bank offer on deposits The jump in credit growth will require banks
SBI Cardholders Alert! State Bank warns customers of skimming frauds; Here’s how to deal with them – The Financial Express
In a mail to its customers, SBI has warned the cardholders of skimming fraud, which is an act of illegally coping data from the magnetic
‘मुद्रा’तील बनावट ‘कोटेशन’ची आता जीएसटी आयुक्तांकडून चौकशी | Loksatta
सुहास सरदेशमुख एकीकडे ‘मुद्रा’ योजनेतून ७१४ कोटी ८४ लाख रुपयांचे कर्ज वितरण करत या वर्षीचे जिल्ह्य़ाचे उद्दिष्ट पूर्ण केल्याचा दावा प्रशासनाकडून केला जात असताना या
bad loans: Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: Report – The Economic Times
Around Rs 3.5 lakh crore or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of