Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/shoring-up-early-rbis-measures-to-attract-dollars-are-a-prudent-call-good-news-is-that-commodity-prices-are-falling/ TOI Edit– Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
Category: RBI–Banks
*****RBI’s innovative approach to control the fall in rupee is commendable | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-s-innovative-approach-to-control-the-fall-in-rupee-is-commendable-122070601027_1.html The efficacy of the central bank’s steps will be seen in the coming days Madan Sabnavis is Chief economist, Bank of Baroda. The
What RBI’s letter to govt on missing inflation target is likely to contain | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/what-rbi-s-letter-to-govt-on-missing-inflation-target-is-likely-to-contain-122070601155_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and
*****RBI measures a step in right direction but forex inflows still seen limited | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-may-not-be-game-changer-but-could-address-widening-cad-122070601278_1.html RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India The RBI lifted the requirement of Statutory Liquidity Ratio
*****Why did the RBI crackdown on BNPL companies? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-did-the-rbi-crackdown-on-bnpl-companies/article65602974.ece Sources say they misled customers by not disclosing loans taken in the customer’s name Industry insiders say many ‘buy now, pay later’ (BNPL)
*******RBI should intervene less, let rupee depreciate gradually: D Subbarao | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-should-intervene-less-let-rupee-depreciate-gradually-d-subbarao-122070400546_1.html In a Q&A, the former RBI Governor says the situation is very different from the Taper Tantrum and that the rupee has actually
*****Credit ratings info only where it’s due – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/credit-ratings-info-only-where-its-due/articleshow/92661857.cms Synopsis Reportedly, rating agencies also expect Sebi to deal with the pitfalls of rating companies that do not share their financials. Earlier, the
*Need another out-of-turn rate hike | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-another-out-of-turn-rate-hike/2581070/ That may surprise the market enough to give the rupee some breathing room and a little upward momentum, even if temporary. Today, 16%
*Resilient amid risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/as-the-rbi-points-out-the-crisis-in-npas-and-nbfcs-has-been-alleviated-but-fintech-poses-a-problem/article65595740.ece As the RBI points out, the crisis in NPAs and NBFCs has been alleviated but fintech poses a problem The key takeaway from
*****Huge treasury loss staring at banks in June quarter | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/huge-treasury-loss-staring-at-banks-in-june-quarter-122070300581_1.html Will the RBI step in again to the rescue of the banks and ensure smooth sailing of the government’s record borrowing plan this
*Twin deficit problem: What does it mean and how does it affect an economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/what-is-a-twin-deficit-problem-122062300077_1.html The finance ministry recently said that India is at low risk of stagflation. But it also cautioned about a twin deficit problem that
*The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rupee-s-new-lows-why-it-s-not-necessarily-a-cause-for-concern-122070101203_1.html The framers of a ‘strong currency’ policy ignore that almost every country with a successful long-term record of development has pursued a ‘weak
*How the RBI unconventionally innovated policy to fight the pandemic-Soumya Kanti Ghosh writes:-INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/how-the-bank-held-its-own-8002098/ Soumya Kanti Ghosh writes: It did not get fixated on a one-point agenda, daring to look beyond the inflation print, focussing on economic
Credit cards losing relevance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/statistalk/credit-cards-losing-relevance/article65527707.ece Five years ago, if a bank wasn’t in the credit cards space, then it was missing something. But does that novelty value hold
*FM launches EASE 5.0 public sector banks common reform agenda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-launches-ease-50-public-sector-banks-common-reform-agenda/article65507944.ece It spells out the common reforms agenda for public sector banks Finance and Corporate Affairs Minister Nirmala Sitharaman, on Wednesday, launched the fifth
*RBI’s monetary policy to focus on macroeconomic stability | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-monetary-policy-to-focus-on-macroeconomic-stability-122060601248_1.html Since the last policy announcement, inflationary risks have increased significantly The Reserve Bank of India’s (RBI’s) monetary policy actions during April-May 2022 were
*RBI issues differential provisioning norms for standard assets for large NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-differential-provisioning-norms-for-standard-assets-for-large-nbfcs/article65501304.ece RBI said provisioning guidelines for NBFC-UL will be effective October 1, 2022 The Reserve Bank of India (RBI) has aligned provisioning norms for
MPC may go for back-to-back repo rate hike to temper inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-may-go-for-back-to-back-repo-rate-hike-to-temper-inflation/article65496802.ece Market expects 35-50 bps repo rate hike The monetary policy committee (MPC) is expected to go in for a back-to-back ‘no-brainer’ repo rate
*****Does RBI’s inflation band need a relook? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece The target of 4% with a 2% band either way may appear too restrictive, given today’s situation. RBI needs more elbow room As
*****Credit cards usage, issuances increase despite rise of UPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/credit-cards-usage-issuances-increase-despite-rise-of-upi/article65410466.ece However, UPI P2M transactions have significantly eaten into share of card and other payment modes The Unified Payments Interface is the clear leader
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