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
Category: RBI–Banks
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
Data gaps complicate response to food inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece To assess whether a crisis exists or not, information on output and stocks is crucial. In its absence, it is difficult to
Fed hikes rates to highest level in 16 years at 5.25%-5.5% citing inflation
https://www.business-standard.com/world-news/fed-hikes-rates-to-highest-level-in-16-years-at-5-25-5-5-citing-inflation-123072700003_1.html Clipped from: https://www.business-standard.com/world-news/fed-hikes-rates-to-highest-level-in-16-years-at-5-25-5-5-citing-inflation-123072700003_1.html The rate hike, the Fed’s 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25%-5.50% range, and
MPC to remain watchful – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/mpc-to-remain-watchful/article67124352.ece Clipped from: https://www.thehindubusinessline.com/opinion/mpc-to-remain-watchful/article67124352.ece Vegetable prices, kharif yields are pain points The Monetary Policy Committee (MPC) is set to meet during August 8-10, 2023, with a
Banks’ gross NPAs in MSMEs dropped to five-year low in FY23; declined 14% from FY22 | The Financial Express
https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ lipped from: https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ Gross MSME NPAs in Scheduled Commercial Banks peaked at Rs 1.83 lakh crore in FY20 from Rs 1.63 lakh crore in FY19
Attrition rates in private banks jump to over 30% on increased competition – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/attrition-rates-in-private-banks-jump-to-over-30-on-increased-competition/article67102367.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/attrition-rates-in-private-banks-jump-to-over-30-on-increased-competition/article67102367.ece Most players such as Axis Bank, Kotak Mahindra Bank and HDFC Bank have reported an increase in the turnover rates Employee turnover
👍👍👍👍👍Eye on Emirati flows: on the new India-UAE framework and rupee-dirham transactions – The Hindu
https://www.thehindu.com/opinion/editorial/eye-on-emirati-flows-on-the-new-india-uae-framework-and-rupee-dirham-transactions/article67090751.ece lipped from: https://www.thehindu.com/opinion/editorial/eye-on-emirati-flows-on-the-new-india-uae-framework-and-rupee-dirham-transactions/article67090751.ece There are both risks and benefits in the rupee-dirham settlement system The Reserve Bank of India (RBI) and the Central Bank of the