Clipped from: https://www.deccanherald.com/opinion/second-edit/rbi-must-pivot-to-inflation-control-1100207.html RBI The Reserve Bank of India has given indications of a shift to prioritising inflation ahead of growth in its latest Monetary Policy
Category: RBI–Banks
*****RBI is right to prioritise inflation management. But it won’t be easy | Radhika Pandey writes
lipped from: https://indianexpress.com/article/opinion/columns/rbi-is-right-to-prioritise-inflation-management-but-it-wont-be-easy-7864974/ Radhika Pandey writes: Trade-off between managing prices and government’s borrowing programme will present a challenge. RBI has announced the withdrawal of some of
*****Sharp rise in inflation is likely to bring forward the RBI’s timelines for tightening of policy | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/sharp-rise-inflation-likely-rbis-timelines-for-tightening-of-policy-7868277/ The rise in retail inflation in March was driven primarily by food items — the consumer food price index rose to 7.68 per
Monetary policy: RBI shifts gaze to inflation from growth after 2 years | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-rbi-shifts-gaze-to-inflation-from-growth-after-2-years-122040801336_1.html Sets stage for rate hikes after June policy amid high oil prices, yields RBI Governor Shaktikanta Das. Illustration: Ajay Mohanty The increase in
*****RBI’s monetary policy conundrum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/rbis-monetary-policy-conundrum/article65297707.ece Ignoring inflation is no longer an option for the central bank. It must start raising rates in a calibrated manner The ongoing, April
*****Extend NPA classification period to 180 days from 90 days for MSMEs: FICCI’s Economic Outlook Survey | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-extend-npa-classification-period-to-180-days-from-90-days-for-msmes-ficcis-economic-outlook-survey/2480355/ Ease of Doing Business for MSMEs: The survey, conducted in March 2022 among economists to forecast key macro-economic variables for FY23 and for
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
Interest rates on small savings schemes unchanged for first quarter of FY23: Here’s what you will earn | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/interest-rates-small-savings-fy23-first-quarter-earn-7846652/ The move to not change the interest rates assume significance in the light of a sharp reduction in interest rate that was recommended
India’s huge pile of toxic loans has declined, but don’t celebrate just yet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/indias-huge-pile-of-toxic-loans-is-declining-but-dont-celebrate-just-yet/articleshow/90576699.cms Synopsis So, what is leading to such a high piling up of NPAs in banking? The answer is complex, as large and complicated
2 EPF accounts, cryptocurrency tax, property sale TDS rules and other money changes from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/2-epf-accounts-cryptocurrency-tax-property-sale-tds-rules-and-other-money-changes-from-april-1/articleshow/90425511.cms Synopsis The beginning of the new financial year marks the changes in the tax rules and others money changes announced in the Union
Bank haircuts: FM says checks in place against questionable resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/bank-haircuts-fm-says-checks-in-place-against-questionable-resolution/article65270581.ece Finance Minister Nirmala Sitharaman addresses the Rajya Sabha in New Delhi on Tuesday, March 29 | Photo Credit: – Banks have spoken against
‘5,200 cos with credit exposure of over Rs 5 cr declared as NPAs till Dec’ | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/5-200-cos-with-credit-exposure-of-over-rs-5-cr-declared-as-npas-till-dec-122032800705_1.html The Central Repository of Information on Large Credits (CRILC) is tasked to collect, store, and disseminate credit data to lenders Illustration: Ajay Mohanty
Fed hiking cycle: What next? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fed-hiking-cycle-what-next-122032801458_1.html We may need to be prepared for greater volatility in asset markets and no Fed riding to the rescue to save markets It
Indian banking in pink of health but what next? | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/indian-banking-in-pink-of-health-but-what-next-122032700849_1.html Banks are caught in their own narrative: credit growth. Soon, one may see bubbles in certain pockets. At a recent Mint conclave, retail
High inflation to compel RBI to signal neutral policy stance: S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/high-inflation-to-compel-rbi-to-signal-neutral-policy-stance-s-p-122032800799_1.html The RBI will likely raise the repo rate by at least 50-75 basis points through FY23, and by another 50 basis points in
A new era for microfinancing: RBI has done its part, onus now on industry to redeem policy trust | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-new-era-for-microfinancing-rbi-has-done-its-part-onus-now-on-industry-to-redeem-policy-trust/2469739/ The new RBI guidelines move regulation from a micro-business-rules approach to a principles-based one and plug regulatory gaps by making the framework applicable
Bond Market | Bond Market Crash: Why bond market crash is actually good news for most investors
Clipped from: https://economictimes.indiatimes.com/markets/bonds/why-bond-market-crash-is-actually-good-news-for-most-investors/articleshow/90444563.cms Synopsis One important reason is lower bond prices mean higher bond yields. Investors who hold bonds for income are pleased when their prices
Time for banks to go big on micro-credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/time-for-banks-to-go-big-on-micro-credit/article65257242.ece Micro credit can help ease poverty designer491 | Photo Credit: designer491 The economic potential of microfinance is immense, provided beneficiaries are correctly identified
RBI Innovation Hub to spot, hand-hold start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rbi-innovation-hub-to-spot-hand-hold-start-ups/article65257234.ece Also likely to collaborate with various govt ministries and academia The Reserve Bank Innovation Hub(RBIH) is an investment for the future, aimed at
SBI inks co-lending pact with five HFCs for affordable housing | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-inks-co-lending-pact-with-five-hfcs-for-affordable-housing-122032401212_1.html Country’s largest lender State Bank of India has signed a co-lending agreement with five housing finance companies including PNB Housing Finance and Shriram Housing Finance to give loans for affordable homes. Shortage