Clipped from: https://www.financialexpress.com/economy/rbis-repo-rate-decision-guided-by-indias-needs-guv-das-says-worlds-monetary-authorities-in-divergent-modes/2430241/ Similarly, there is no inflation on wages or rentals being seen in India which is playing into the core inflation front, unlike other
Category: RBI–Banks
Shaktikanta Das burns cryptocurrency investors: Crypto as bad as Tulip bubble? No, even worse – The Financial Express
Clipped from: https://www.financialexpress.com/market/shaktikanta-das-burns-cryptocurrency-investors-calls-crypto-assets-worth-less-than-tulip-bulbs/2430274/ RBI’s Shaktikanta Das said investors investing in crypto should keep in mind these cryptocurrencies do not have an underlying, not even a tulip.
RBI’s decision to keep interest rates & stance unchanged has come as a respite to bond prices, say market experts – The Financial Express
Clipped from: https://www.financialexpress.com/market/rbis-decision-to-keep-interest-rates-stance-unchanged-has-come-as-a-respite-to-bond-prices-say-market-experts/2430548/ Market experts said that no change in rates or stance by the Reserve Bank of India is a big boost to sagging bond
Buyer shouldn’t pay for bank’s mistake | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-shouldn-t-pay-for-bank-s-mistake-122013000883_1.html Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held
Will the RBI policy calm bond markets? Here’s what analysts think | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/will-the-rbi-policy-calm-bond-markets-here-s-what-analysts-think-122020900777_1.html High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets,
MPC will pave way for faster policy normalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/mpc-will-pave-way-for-faster-policy-normalisation-122020802150_1.html As the MPC signals normalisation, a key challenge for the RBI would be to ensure that even as sovereign yields rise, the move
Bank balance sheet recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bank-balance-sheet-recovery-122020901838_1.html Asset quality is improving, but risks remain Asset quality in the banking system continues to improve. As the latest Report on Trend and
Surge in Lending Scams: How Account Aggregator framework will help mitigate the ecosystem – The Financial Express
Clipped from: https://www.financialexpress.com/money/surge-in-lending-scams-how-account-aggregator-framework-will-help-mitigate-the-ecosystem/2429797/ AA framework would collect data from all the loan providers to determine the authenticity of loan seekers, which in turn would reduce the
MSME credit: Now Amazon India sellers can get working capital loans from digital lender Lendingkart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-credit-now-amazon-india-sellers-can-get-working-capital-loans-from-digital-lender-lendingkart/2428503/ Credit and Finance for MSMEs: In December last year, Amazon had announced crossing the 10-lakh seller mark in India. Importantly, more than 90
RBI begins three-day monetary policy meet to decide on key rates – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-begins-three-day-monetary-policy-meet-to-decide-on-key-rates/2428521/ The Reserve Bank’s rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23,
Onward to regulation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onward-to-regulation/article64967236.ece FILE PHOTO: A representation of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Taxing cryptos
Policy normalisation: RBI may up reverse repo rate by 25 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/policy-normalisation-rbi-may-up-reverse-repo-rate-by-25-bps/article64969484.ece FILE PHOTO: The logo of Reserve Bank of India (RBI) is seen inside its headquarters in Mumbai | Photo Credit: FRANCIS MASCARENHAS The
Can RuPay pip Visa, Mastercard in credit cards? Incentives to banks, global acceptance hold the key.
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/can-rupay-pip-visa-mastercard-in-credit-cards-incentives-to-banks-global-acceptance-hold-the-key-/primearticleshow/89412435.cms SynopsisNPCI-owned card platform RuPay dominates a third of the debit-card market. NPCI rules the mobile-payment market with UPI. But the credit-card segment will
Crypto tax set to complicate life for the exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/crypto-tax-set-to-complicate-life-for-the-exchanges/articleshow/89416902.cms SynopsisWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract
RBI Policy Review: Inflation may take spotlight, but growth war still on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-review-inflation-may-take-spotlight-but-growth-war-still-on/articleshow/89407865.cms Synopsis An ET poll comprising 22 respondents predicts that at its three day policy review ending Thursday, the RBI’s Monetary Policy Committee will
crypto investors: Tax and track: How Budget is mixed bag for crypto investors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/tax-and-track-how-budget-is-mixed-bag-for-crypto-investors/articleshow/89418139.cms Synopsis India became one of the few countries to tax digital assets like cryptocurrencies and NFTs (non-fungible tokens) when finance minister Nirmala Sitharaman
Counting on digital currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/counting-on-digital-currency/articleshow/89390457.cms Synopsis As India wants to leverage its fintech startup space and reap the benefits of a digital currency -even as it seems to
Bad Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-bad-bank/article64970615.ece What is a Bad Bank? A Bad Bank is floated by lending institutions and/or Government to rid the former’s balance sheet of impaired
Digital currencies and their economic value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-digital-currency/article64966585.ece Frankfurt, Hesse, Germany – April 17, 2018: Many coins of various cryptocurrencies | Photo Credit: gopixa It is the same as a fiat
Government exploring ways to levy GST on mining of cryptocurrencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/government-exploring-ways-to-levy-gst-on-mining-of-cryptocurrencies/article64996507.ece As on date, commission for facilitating the buy and sale of cryptocurrecny attracts GST | Photo Credit: Dado Ruvic Classification, category of mining
aniltikotekar4sme.com 