Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-even-before-the-e-rupee-is-launched-the-digital-payments-revolution-shows-mass-behavioural-change/articleshow/88243597.cmsSynopsis The big question then is whether this is the beginning of the end of the era of cash as the dominant means of
Category: RBI–Banks
Growth-inflation balance, Shaktikanta Das has his task cut in 2nd term as RBI Governor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/growth-inflation-balance-shaktikanta-das-has-his-task-cut-in-2nd-term-as-rbi-gov/articleshow/88226632.cmsSynopsis Shaktikanta Das would be required to adopt a calibrated liquidity management approach and boost credit growth. Shaktikanta Das has become the first Reserve Bank of
Centre was sensitive to fiscal deficit: Garg on CAG’s bank recap concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-was-sensitive-to-fiscal-deficit-garg-on-cag-s-bank-recap-concerns-121121200645_1.html Funds for these investments were raised by the government through the issue of non-transferable special securities to the same PSBs. Subhash Chandra Garg
The good and not so good of new bank ownership norms | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-good-and-not-so-good-of-new-bank-ownership-norms-121121200907_1.html Isn’t it time to review the ‘fit and proper’ criteria for banking licence, particularly with reference to individuals applying for it? On a
No runaway decline in rupee’s value, may recover by March: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/no-runaway-decline-in-rupee-s-value-may-recover-by-march-experts-121121300051_1.html The rupee closed at 75.78 to a dollar on Friday, an 18-month low The rupee has recently come under pressure for several reasons
UPI booster – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/upi-booster/article37939817.ece RBI’s plan to initiate UPI on feature phones to wean retail payments away from cash is good Unified Payments Interface (UPI) has been
RBI Inflation: RBI may have underplayed inflation, but its reasons look compelling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-may-have-underplayed-inflation-but-its-reasons-look-compelling/articleshow/88221196.cmsSynopsis While the GDP numbers do seem encouraging, private consumption accounting for over 60% of our GDP, remains 3% below the pre-pandemic levels. Further,
‘Credit markets, sectors hit by the pandemic may exert pressure on solvency of lenders’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-markets-sectors-hit-by-the-pandemic-may-exert-pressure-on-solvency-of-lenders/article37927239.ece Banks’ willingness to lend may be affected due to their modest profits: BRICS bulletin While accommodative policies have helped in easing liquidity strains
Regulation of digital lending to help space grow, protect consumer interest – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/lending-a-new-balance-to-digital/2385660/ Development of certain baseline technology standards for offering digital lending solutions, along with requirement of all data to be stored in servers located
MPC’s Rates Decision: Status quo on rates no surprise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/mpcs-rates-decision-status-quo-on-rates-no-surprise/2385573/ What did surprise, however, was the Monetary Policy Committee’s moderate inflation trajectory projection. The MPC’s average CPI inflation forecast for FY22 (ends March
RBI keeps interest rates unchanged as Omicron creates economic uncertainty, casts shadow over growth | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committe-on-status-quo-following-omicron-7663130/ On the growth front, the MPC believes that economic activities are gaining traction, noting that “recovery in domestic economic activity is turning increasingly
Saugata Bhattacharya writes: RBI must tackle surplus liquidity on way to policy normalisation
Clipped from: https://indianexpress.com/article/opinion/columns/rbi-must-tackle-surplus-liquidity-7663127/ 🔴 Saugata Bhattacharya writes: Liquidity management in the extended banking and financial system will now be the key pillar of normalisation Reserve Bank
Omicron shadow: On RBI’s latest monetary policy – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/omicron-shadow-on-rbi-latest-monetary-policy/article37918139.ece RBI may need to act to ward off price pressures sooner rather than later The RBI’s latest monetary policy action, of maintaining status quo on benchmark
Confident all major merchants on our platform will go live with tokenisation before deadline kicks-in: Razorpay CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/confident-all-major-merchants-will-go-live-with-tokenisation-before-deadline-kicks-in-razorpay-ceo/article37922662.ece Harshil Mathur, Co-founder and CEO, Razorpay (file pic) – Bijoy Ghosh Harshil Mathur, Co-founder and CEO, Razorpay (file pic) – Bijoy Ghosh1/2 Harshil
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.html Tokenisation is the process of replacing the debit and credit card numbers with a set of characters or tokens There have been some
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.html Tokenisation is the process of replacing the debit and credit card numbers with a set of characters or tokens There have been some
RBI does well to focus on growth; it may wait till February to act on rates – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-does-well-to-focus-on-growth-it-may-wait-till-february-to-act-on-rates/2384875/ Right signalling key to avoid disrupting markets The informal economy remains very fragile, and for all the good farm output, the terms of
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.htmlThere have been some recent incidents where card data stored by some merchants have been compromised or leaked Some of the commercial banks are likely to
Monetary policy: Is the RBI MPC being too clever by half? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-is-the-rbi-mpc-being-too-clever-by-half-121121001045_1.html It can be argued, out of common sense, that those who desperately needed liquidity during the pandemic got it, which should prompt RBI
57% MSMEs found it difficult to avail Modi govt’s credit guarantee scheme, says report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-57-msmes-found-it-difficult-to-avail-modi-govts-credit-guarantee-scheme-says-report/2385362/ Credit and Finance for MSMEs: 39 per cent loans under ECLGS 1 and 2 were distributed among traders while 35.8 per cent were
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