https://www.business-standard.com/india-news/centre-directs-banks-to-work-in-tandem-on-loans-scheme-for-street-vendors-123081200564_1.html Union MoS for Finance Bhagwat K Karad on Saturday asked banks and civic bodies to work in collaboration with each other to achieve the
Category: RBI–Banks
What is ICRR, and its impact on liquidity
https://www.thehindubusinessline.com/blexplainer/how-incremental-cash-reserve-ratio-icrr-will-impact-liquidity/article67183500.ece What is ICRR, and its impact on liquidity What is ICRR? Before moving on to incremental cash reserve ratio (ICRR), we need to understand
👍👍👍👍👍👍👍‘De-dollarisation’ pact with UAE, a good step
https://www.thehindubusinessline.com/opinion/editorial/de-dollarisation-pact-with-uae-a-good-step/article67102013.ece The Russia-Ukraine war and the resulting disruption in international trade settlement seem to have prodded the Centre to reduce dependence on the US dollar
Inflation concerns: Rather than alarm the markets, RBI has opted to alert them
https://www.financialexpress.com/opinion/inflation-concerns-rather-than-alarm-the-markets-rbi-has-opted-to-alert-them/3206934/ This would help mop up about Rs 1 trillion from the system and is aimed at absorbing the excess liquidity created by the return
👍👍👍👍👍MPC does a tightrope walk
https://www.thehindubusinessline.com/opinion/mpc-does-a-tightrope-walk/article67183713.ece Another pause by the MPC is no sign that the peak policy rate is here BY HIMADRI BHATTACHARYA The stance of the policy was also
A watchful pause–Editorial in Business Standard
https://www.business-standard.com/opinion/editorial/a-watchful-pause-123081000954_1.html the revised inflation projection warrants a discussion on the sufficiency of monetary policy action taken so far. The MPC’s revised projection indicates that the
MPC is right in deciding to look through recent spikes in food prices–Editorial in BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/mpc-is-right-in-deciding-to-look-through-recent-spikes-in-food-prices/article67180571.ece Excerpts Interest rates may not rise sharply from here, nor will they decline anytime soon. This is the key message from the Reserve Bank
MPC’s pragmatic course–Editorial BusinessLine
https://www.thehindubusinessline.com/opinion/mpcs-pragmatic-course/article67181243.ece excerpts The MPC decision comes across as a pragmatic one that avoids knee-jerk reaction to the current bout of surging retail inflation. However, the
MPC’s pragmatic course
https://www.thehindubusinessline.com/opinion/mpcs-pragmatic-course/article67181243.ece However, the central bank was emphatic in conveying its preparedness to act if the situation demands in the coming months. Indeed, while inflation has
Incremental CRR to exert upward pressure on deposit and lending rates
https://www.thehindubusinessline.com/money-and-banking/incremental-crr-to-exert-upward-pressure-on-deposit-and-lending-rates/article67181204.ece With the Reserve Bank of India (RBI) asking Banks to temporarily maintain incremental cash reserve ratio (I-CRR), there could be tighter liquidity conditions in
MPC is right in deciding to look through recent spikes in food prices
https://www.thehindubusinessline.com/opinion/editorial/mpc-is-right-in-deciding-to-look-through-recent-spikes-in-food-prices/article67180571.ece Interest rates may not rise sharply from here, nor will they decline anytime soon. This is the key message from the Reserve Bank of
Rank loans, save money, seek advice: Strategies to get out of debt
https://www.business-standard.com/finance/personal-finance/rank-loans-save-money-seek-advice-strategies-to-get-out-of-debt-123081000714_1.html “A defaulter’s legal rights include receiving notice, fair debt collection practices, grievance redressal, seeking legal assistance, fair credit reporting, the right to privacy, the
https://www.business-standard.com/opinion/columns/status-quo-policy-with-hawkish-undertone-123081000742_1.html
https://www.business-standard.com/opinion/columns/status-quo-policy-with-hawkish-undertone-123081000742_1.html How do we describe the undertone of the policy? It depends on how we read the RBI Governor Shaktikanta Das’s statement. He has brushed
https://www.business-standard.com/economy/news/rbi-likely-to-seek-comfort-around-rs-1-trillion-surplus-liquidity-123081000794_1.html
https://www.business-standard.com/economy/news/rbi-likely-to-seek-comfort-around-rs-1-trillion-surplus-liquidity-123081000794_1.html Market participants expect the Reserve Bank of India (RBI) to obtain a sense of ease when the liquidity surplus comes down to around Rs.
Repo rate can’t fix food-driven inflation
Repo rate can’t fix food-driven inflation: https://www.thehindubusinessline.com/opinion/repo-rate-cant-fix-food-driven-inflation/article67154930.ece
88% of Rs 2,000 banknotes returned to banks by July-end, says RBI
https://www.thehindubusinessline.com/money-and-banking/2000-withdrawal-88-of-the-banknotes-in-circulation-returned/article67145877.ece The Reserve Bank of India (RBI) on Tuesday said 88 per cent or Rs 3.14 trillion of the now withdrawn Rs 2,000 banknotes returned