🙏Withdrawal of ₹ 2000 notes — SBI Ecowrap opines [1] apart from favourable impact on CP-CD rates , e-rupee should be an ultimate beneficiary of this tactical move –absence of high denomination notes should propel faster adoption of e-rupee for merchant transactions[2] out of 3.62 lakh crore worth of 2000 denomination notes, 85% [ 3.08 lakh crore –will come into banking system as deposits and the rest 54000 crore will be exchanged [3] and ultimately GDP will get a boost.– courtesy BusinessLine 20.6.23

RBI injects 75,000 crore into the banking system as liquidity tightens due to tax outflows – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-injects-75000-cr-into-the-banking-system-as-liquidity-tightens-due-to-tax-outflows/article66986670.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-injects-75000-cr-into-the-banking-system-as-liquidity-tightens-due-to-tax-outflows/article66986670.ece Overnight money market rates harden above repo rate The Reserve Bank of India (RBI) conducted a four-day variable rate repo (VRR) auction on Monday

The provision on settlement with defaulting borrowers is not new, but it creates moral hazard | The Financial Express

https://www.financialexpress.com/opinion/the-provision-on-settlement-with-defaulting-borrowers-is-not-new-but-it-creates-moral-hazard/3129538/ Clipped from: https://www.financialexpress.com/opinion/the-provision-on-settlement-with-defaulting-borrowers-is-not-new-but-it-creates-moral-hazard/3129538/ The Reserve Bank of India’s (RBI) Framework for Compromise Settlements and Technical Write-offs has upset some trade unions who believe the rules

👍👍👍👍👍RBI’s hygiene step to bring much-needed clarity to FLDG arrangements

https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Clipped from: https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Mint Road has pulled the plug on clever financial arrangements between regulated entities and fintechs, with stress on skin in the game

Easing and expanding access to finance for SMEs can generate productivity bursts: RBI’s Michael Debabrata Patra | The Financial Express

https://www.financialexpress.com/industry/sme/msme-fin-easing-and-expanding-access-to-finance-for-smes-can-generate-productivity-bursts-rbis-michael-debabrata-patra/3123011/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-easing-and-expanding-access-to-finance-for-smes-can-generate-productivity-bursts-rbis-michael-debabrata-patra/3123011/ Credit and finance for MSMEs: “Nearly half of the SMEs and about a third of large firms in emerging and developing Asia

Legal issues in green finance need to be cleared up

https://www.business-standard.com/opinion/columns/legal-issues-in-green-finance-need-to-be-cleared-up-123060400498_1.html Clipped from: https://www.business-standard.com/opinion/columns/legal-issues-in-green-finance-need-to-be-cleared-up-123060400498_1.html The central bank has identified renewable energy, waste management, clean transport, energy efficiency, and afforestation as projects to be funded from green

1 49 50 51 52 53 364