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,
Category: RBI–Banks
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
I-CRR move to prevent ‘asset price bubble’: RBI’s state of economy report
https://www.business-standard.com/markets/news/liquidity-splash-have-implications-for-asset-price-bubble-says-rbi-report-123081700781_1.html The Reserve Bank of India’s (RBI’s) state of the economy report on Thursday warned of asset price bubbles emanating from excess liquidity in the
Spike in inflation: RBI calls for reforms in perishables supply chain
https://www.financialexpress.com/industry/banking-finance/spike-in-inflation-rbi-calls-for-reforms-in-perishables-supply-chain/3214198/ The Reserve Bank of India (RBI) on Thursday said retail inflation is expected to average well above its target band of 4%-6% in Q2FY24,
RBI launches ‘UDGAM’, centralised web portal for unclaimed deposits
https://www.business-standard.com/economy/news/rbi-launches-udgam-centralised-web-portal-for-unclaimed-deposits-123081700637_1.html The Reserve Bank of India (RBI) on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation), to make it
Liquidity splash have implications for asset price bubble, says RBI report
https://www.business-standard.com/markets/news/liquidity-splash-have-implications-for-asset-price-bubble-says-rbi-report-123081700781_1.html excerpts The Reserve Bank of India has raised concerns over potential asset price bubbles stemming from excess liquidity in the banking system, owing to
Axis Bank goes live on RBI’s Public Tech Platform for Frictionless Credit to offer MSME loans, Kisan Credit Card
https://www.financialexpress.com/industry/sme/axis-bank-goes-live-on-rbis-public-tech-platform-for-frictionless-credit-to-offer-msme-loans-kisan-credit-card/3213722/ Unsecured loans for MSMEs: Private sector lender Axis Bank on Thursday announced offering up to Rs 10 lakh unsecured MSME loans and Kisan Credit Card
Fitch warns rapid growth in unsecured retail credit needs management
https://www.business-standard.com/economy/news/fitch-warns-rapid-growth-in-unsecured-retail-credit-needs-management-123081600580_1.html Global rating agency Fitch on Wednesday warned that rapid loan growth, especially in unsecured retail credit, needs careful management to avoid a spike in
July inflation raises more than ‘transient’ questions
https://www.thehindubusinessline.com/opinion/editorial/july-inflation-raises-more-than-transient-questions/article67201943.ece There are several aspects of the latest retail inflation numbers for July that need to be dissected – besides the obvious fact that it