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
Category: RBI–Banks
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
Is RBI following a ‘normalisation’ strategy? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-rbi-following-a-normalisation-strategy/article37915988.ece?homepage=true As any hurried policy normalisation could hurt growth possibilities, the RBI’s focus is more on liquidity management The Monetary Policy Committee of the
Depositors bypassed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/depositors-bypassed/article37915886.ece Monetary policy continues to be borrower-centric Bank depositors, badly hit by the continuous reduction in interest rates, were expecting some relief in the
Action shifts to surplus liquidity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/action-shifts-to-surplus-liquidity/articleshow/88172462.cmsSynopsis The RBI expects growth to be 9.5% this fiscal. It is conservative, given that the import of capital goods has been growing at
Looming threat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-central-bank-cannot-afford-to-ignore-the-threat-posed-by-inflation-for-too-long/article37902034.ece For now the RBI has focused on growth revival and left the inflation fight for another day – PTI For now the RBI
Has monetary policy been effective? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/has-monetary-policy-been-effective/article37902089.ece Low interest rates haven’t helped spur private investment and consumption, and inflation risks continue Some clear and telling signals stand out from the
RBI focuses on sustaining economic revival – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-focuses-on-sustaining-economic-revival/article37902376.ece Tough balancing act – PAUL NORONHA Tough balancing act – PAUL NORONHA× Going ahead, the central bank will have to carefully balance the
Supporting growth | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/supporting-growth-121120900001_1.html Govt action will be more important than monetary policy The outcome of the bi-monthly meeting of the Monetary Policy Committee (MPC) was on expected lines.
RBI Policy: Subtle shift in growth-inflation balance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-policy-subtle-shift-in-growth-inflation-balance-121120800556_1.html We foresee hikes of 25 bps each in the repo and reverse repo rates each in the April 2022 and June 2022 reviews
A straight jacket policy by the RBI as the Omicron threat looms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-straight-jacket-policy-by-the-rbi-as-the-omicron-threat-looms-121120800307_1.html The next policy in February will be come post the Budget announcement. It will be crucial as the state of the economy will
RBI monetary policy: MPC goes for normalisation by stealth | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-monetary-policy-mpc-goes-for-normalisation-by-stealth-121120801074_1.html It is difficult to predict whether we will see a reverse repo rate hike in February or whether it will be held over
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
RBI for raising UPI transaction limit to Rs 5 lakh in select cases – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-for-raising-upi-transaction-limit-to-rs-5-lakh-in-select-cases/2384882/ The central bank will shortly issue separate instructions to the National Payment Corporation of India (NPCI) in this regard. The transaction data analysis
Need to be careful about cyber risks to CBDC: RBI Governor Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/need-to-be-careful-about-cyber-risks-to-cbdc-das/2384840/ CBDCs may be an electronic version of the paper currency, the RBI said. Apart from cyber risks and the risk of digital frauds,
UPI payments without Internet? Here’s what RBI says – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/upi-payments-without-internet-heres-what-rbi-says-314794-2021-12-08 The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced that it will launch UPI-based payment products for feature phone users.
MSME lender Indifi Technologies AUM crosses Rs 500 crore in Q2FY22; up by 43% from previous quarter – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-indifi-disburses-loans-worth-rs-500-crore-to-small-businesses/2384482/ Credit and Finance for MSMEs: The rise in loan disbursals is attributed to the increase in the number of borrowers and also the
How Financial Inclusion is playing a vital role in the Banking Sector – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/how-financial-inclusion-is-playing-a-vital-role-in-the-banking-sector/2381964/ Financial inclusion is about delivering banking services to all sections of society. Primarily, it’s enabling to reduce the economic gap between the rich
Cash is dying, but we aren’t ready to bury it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-cash-is-dying-but-we-arent-ready-to-bury-it/articleshow/88157151.cmsSynopsis If all the money in circulation is private, controlled by e-commerce and social media platforms, authorities won’t be able to protect consumers from
Depositors bailed-in – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/depositors-bailed-in/article37885736.ece RBI’s draft resolution plan for PMC Bank is transparent but unfair on retail depositors The Reserve Bank of India’s attempt to cobble together