https://www.thehindubusinessline.com/opinion/will-aam-aadmi-take-to-e-rupee/article67252624.ece Clipped from: https://www.thehindubusinessline.com/opinion/will-aam-aadmi-take-to-e-rupee/article67252624.ece The well-entrenched UPI network, lack of anonymity in e-rupee and no interest income in e-rupee wallets are deterrents The central bank digital
Category: RBI–Banks
Banks can put money into stalled real estate projects to make them viable – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/banks-can-put-money-into-stalled-real-estate-projects-to-make-them-viable/article67241155.ece IBA has estimated that 4.12 lakh stressed dwelling units involving ₹4.08 lakh crores are impacted in various stalled real estate projects Banks
Banks working on digitising locker agreements – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-working-on-digitising-locker-agreements/article67241492.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-working-on-digitising-locker-agreements/article67241492.ece According to sources, individually banks may not have obtained signatures of even 30 per cent of existing locker holders for the revised
Is it time to think of an alternative to UPI? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/in-my-view-is-it-time-to-think-of-an-alternative-to-upi/article67237866.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX8OXMB4HBZD#cxrecs_s UPI faces a market concentration challenge in India due to its exponential growth and limited customer alternatives. UPI has experienced remarkable growth in
Rate cuts possible when real interest rate becomes excessive: Jayant Varma
https://www.business-standard.com/economy/interviews/rate-cuts-possible-when-real-rate-becomes-excessive-says-jayanth-r-varma-123082500661_1.html Clipped from: https://www.business-standard.com/economy/interviews/rate-cuts-possible-when-real-rate-becomes-excessive-says-jayanth-r-varma-123082500661_1.html ‘Cooling commodity prices augers well for inflation in the medium term’ Jayanth Varma, a member of RBI’s monetary policy committee Listen to
Liquidity overhang should not pose a risk to inflation: Ashima Goyal
https://www.business-standard.com/economy/interviews/liquidity-overhang-should-not-pose-risk-to-inflation-says-ashima-goyal-123082500662_1.html Clipped from: https://www.business-standard.com/economy/interviews/liquidity-overhang-should-not-pose-risk-to-inflation-says-ashima-goyal-123082500662_1.html For food price shocks supply-side measures are more effective. The government has long experience with intervention in the food economy, Goyal opines
RBI Governor meets top NBFC heads on unsecured loans, high bank borrowings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-governor-meets-top-nbfc-heads-on-unsecured-loans-high-bank-borrowings/article67235448.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-governor-meets-top-nbfc-heads-on-unsecured-loans-high-bank-borrowings/article67235448.ece Banks’ exposure to NBFCs has risen 35.1 per cent on-year to ₹14.2 lakh crore as of June 2023, as per latest RBI
Fed’s hawkish tone sparks interest rate futures shift: November-December hike likely – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece Interest rate futures signal potential tightening by the Fed following Jerome Powell’s moderately hawkish stance at Jackson Hole symposium. Economic growth, inflation,
Are RBI’s new rules on floating rates favourable to you? – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/are-rbis-new-rules-on-floating-rates-favourable-to-you/article67220522.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/are-rbis-new-rules-on-floating-rates-favourable-to-you/article67220522.ece Theoretically one may have the option to switch loans, but to do so in practice may be difficult What has the RBI
Batting for borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/batting-for-borrowers/article67235612.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/batting-for-borrowers/article67235612.ece More transparency on loan rate resets is good, but that’s not enough In a bid to improve transparency, Reserve Bank of India
Liquidity continues to be in deficit, banks expect RBI repo auction
https://www.business-standard.com/finance/news/liquidity-continues-to-be-in-deficit-banks-expect-rbi-repo-auction-123082300256_1.html Clipped from: https://www.business-standard.com/finance/news/liquidity-continues-to-be-in-deficit-banks-expect-rbi-repo-auction-123082300256_1.html Liquidity in system went into deficit mode on Tuesday for the first time in this Financial Year The market expects that the
Will ensure second-order effects of inflation don’t take hold: RBI Das – The Hindu BusinessLine
https://www.thehindubusinessline.com/incoming/will-ensure-second-order-effects-of-inflation-dont-take-hold-rbi-das/article67228156.ece Clipped from: https://www.thehindubusinessline.com/incoming/will-ensure-second-order-effects-of-inflation-dont-take-hold-rbi-das/article67228156.ece RBI will remain vigilant to ensure price stability and sustainable growth, says Governor While the monetary policy can absorb the current round
How RBI’s frictionless credit project will help borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece The digital platform can help significantly reduce the turnaround time, which would lead to better operational efficiency What is the public tech
👍👍👍👍👍Deflation could be the next big problem – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/deflation-could-be-the-next-big-problem/article67228187.ece Clipped from: https://www.thehindubusinessline.com/opinion/deflation-could-be-the-next-big-problem/article67228187.ece All asset prices are likely to get punctured badly as governments act belatedly to control inflation and overshoot Since January 2020 when
Nurturing capex
https://www.business-standard.com/opinion/columns/nurturing-capex-123082200985_1.html Clipped from: https://www.business-standard.com/opinion/columns/nurturing-capex-123082200985_1.html With foreign investments declining, it is necessary to maintain growth in government capital expenditure Last week, the Union government announced several new
🙏Good run for banks, but for how long?
https://www.business-standard.com/opinion/columns/good-run-for-banks-but-for-how-long-123082000371_1.html Clipped from: https://www.business-standard.com/opinion/columns/good-run-for-banks-but-for-how-long-123082000371_1.html Barring few, most banks have shown a drop in the low-cost CASA. Ditto their net interest margin. The credit quality is holding
बँकांमधील दावा न केलेली रक्कम शोधणे आता सोपे, खातेदारांना कशी नोंदणी करता येणार? पाहा संपूर्ण प्रक्रिया|— लोकसत्ता
https://www.loksatta.com/business/personal-finance/finding-unclaimed-amount-in-banks-now-easy-how-can-account-holders-register-rbi-udgam-portal-launch-vrd-88-3863170/ Clipped from: https://www.loksatta.com/business/personal-finance/finding-unclaimed-amount-in-banks-now-easy-how-can-account-holders-register-rbi-udgam-portal-launch-vrd-88-3863170/ RBI UDGAM portal Launch : RBI गव्हर्नर शक्तिकांत दास यांनी उदगम पोर्टल लाँच केले आहे. मूळ प्लॅटफॉर्मचा अर्थ हक्क नसलेल्या ठेवींमध्ये प्रवेश
👍👍👍👍👍RBI’s new guidelines: Home loan borrowers can switch to fixed rate at reset
https://www.business-standard.com/finance/news/home-loan-borrowers-can-switch-to-fixed-rate-during-reset-says-rbi-123081800748_1.html RBI guidelines bar penal interest rates on loans, negative amortisation Among retail products, it’s mostly home loans where the interest rate is floating. Banks
Fair lending practice. Penal charges should not be used as revenue enhancement tool: RBI to banks, NBFCs
https://www.thehindubusinessline.com/money-and-banking/rbi-issues-fresh-instructions-on-penal-charges-in-loan-accounts/article67208546.ece The Reserve Bank of India has issued fresh guidelines for lenders on penal charges in loan accounts to ensure that penal interest/ charges is not used
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