Category: RBI–Banks
As loan growth hits 9-year high, deposit rates set to rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/as-loan-growth-hits-9-year-high-deposit-rates-set-to-rise/article65903826.ece With liquidity shrinking, banks will need to mop-up deposits by hiking rates The Nifty Bank index touched an all-time high 41,209 points last
Borrowing money via digital apps? Know your rights to avoid being exploited – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/borrowing-money-via-digital-apps-know-your-rights-to-avoid-being-exploited/articleshow/94237125.cms Synopsis The RBI digital lending guidelines will be applicable to the digital lending by banks, co-operative banks, NBFCs including housing finance companies. These
Read: D Subbarao at Idea Exchange: ‘RBI should intervene only to curb volatility, let rupee depreciate’
https://indianexpress.com/article/idea-exchange/d-subbarao-former-rbi-governor-at-idea-exchange-rbi-should-intervene-only-to-curb-volatility-let-rupee-depreciate-8145326/ Shared by Indian Express android app Click here to download https://play.google.com/store/apps/details?id=com.indianexpress.android
MPC should consider a pause in hikes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-should-consider-a-pause-in-hikes/article65880006.ece Growth needs a boost; besides, rate hikes can hurt the informal economy without impacting supply side factors behind price rise The MPC’s “action
Will RBI’s digital lending rules change the way loans work? | The Financial Express
Clipped from: https://www.financialexpress.com/money/will-rbis-digital-lending-rules-change-the-way-loans-work/2660817/ The new digital lending rules by RBI will apply to both the existing digital loan customers and the new customers who will apply
India’s foreign exchange reserves fall to lowest in 23 months | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/india-s-forex-reserves-fall-8-billion-in-a-week-as-rbi-defends-rupee-122090901004_1.html RBI’s defence of the rupee cited as reason Earlier this week, RBI Governor Shaktikanta Das said that the central bank’s interventions in the
Ensure existing loans comply with new rules by Nov 30, RBI tells digital lenders
Ensure existing loans comply with new rules by Nov 30, RBI tells digital lenders https://economictimes.indiatimes.com/tech/technology/ensure-existing-loans-comply-with-new-rules-by-nov-30-rbi-tells-digital-lenders/articleshow/93952962.cms Download Economic Times App to stay updated with Business News
RBI Governor Shaktikanta Das expects inflation to ease to 5% by April-June next year
RBI Governor Shaktikanta Das expects inflation to ease to 5% by April-June next year https://economictimes.indiatimes.com/news/economy/policy/india-central-bank-governor-expects-inflation-to-ease-to-5-by-april-june-next-year/articleshow/93949429.cms Download Economic Times App to stay updated with Business News
A question of balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-question-of-balance/article65788513.ece UPI transactions should be charged but in a gradual and calibrated manner without disincentivising usage A sustainable and efficient payment system can be
Bank deposits fall by ₹23,407 crore, but credit rises by ₹64,981 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-deposits-fall-by-23407-crore-but-credit-rises-by-64981-crore/article65815158.ece ‘Depositors could be shifting funds to NBFCs that offer higher rates’ Deposits with banks declined by ₹23,407 crore in the fortnight ended August
Regulating digital lending | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulating-digital-lending-122081101258_1.html Rules are in the right direction The Reserve Bank of India (RBI) has published the first set of norms to regulate digital lending. This
The right price | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-right-price-122081801372_1.html Transaction costs must be reasonable The Reserve Bank of India (RBI) has just released an important discussion paper, comprehensively reviewing all digital payment systems and
Read: NBFC bad loans rising
https://www.financialexpress.com/opinion/nbfc-bad-loans-rising/2641656/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/Qtu1gRsuKy2j8YHZ7
Banks’ low-cost CASA deposits up in sync with rise in UPI transactions
Banks’ low-cost CASA deposits up in sync with rise in UPI transactions: https://www.thehindubusinessline.com/money-and-banking/banks-low-cost-casa-deposits-up-in-sync-with-rise-in-upi-transactions/article65801474.ece
NBFCs warn of overcrowding in retail lending amid entry of new banks, fintech players
NBFCs warn of overcrowding in retail lending amid entry of new banks, fintech players: https://www.thehindubusinessline.com/money-and-banking/nbfcs-warn-of-overcrowding-in-retail-lending-amid-entry-of-new-banks-fintech-players/article65801808.ece
Read: Enough of sweet deals
https://www.financialexpress.com/opinion/enough-of-sweet-deals/2640200/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/CdwDd2VPCLEEtNz26
With liquidity getting drained, banks issue more CDs to secure cheap funding
With liquidity getting drained, banks issue more CDs to secure cheap funding: https://www.thehindubusinessline.com/money-and-banking/with-liquidity-getting-drained-banks-issue-more-cds-to-secure-cheap-funding/article65797055.ece
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