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
Category: RBI–Banks
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
A new approach to identify bad loans is needed: Credgenics co-founder | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/a-new-approach-to-identify-bad-loans-is-needed-credgenics-co-founder-121120500875_1.html The pile-up of bad loans is a pain point and the pressure is mounting, said Rishabh Goel Rishabh Goel, Co-founder, Credgenics Credgenics answers
MSME loans: Restructured accounts by PSBs jump 58% in nearly two years of Covid – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-loans-restructured-accounts-by-psbs-jump-58-in-nearly-two-years-of-covid/2383925/ Credit and Finance for MSMEs: The RBI in June this year had doubled the loan restructuring limit for MSMEs, others from Rs 25 crore
Government to sell confiscated gold only to RBI hereafter – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/government-to-sell-confiscated-gold-only-to-rbi-hereafter/article37861840.ece Under the new guidelines, SPMCIL has been engaged for collection, transportation and conversion into standard gold bars and delivery to RBI Finance Ministry
crypto exchanges: Crypto bill to give power to Sebi, RBI, taxman to scrutinise KYC data of exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/crypto-bill-to-give-power-to-sebi-rbi-taxman-to-scrutinise-kyc-data-of-exchanges/articleshow/88130343.cmsSynopsis Government could also put in place a uniform KYC process for exchanges The new Cryptocurrency bill is set to empower regulators and government
Kotak breaks crypto ice with account for WazirX – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/kotak-breaks-crypto-ice-with-account-for-wazirx/articleshow/88112772.cmsSynopsis After almost eight months of payment freeze by most high-street banks that continue to shun crypto investors and bourses, Kotak Bank will do
Digital lending is all set to get a boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/digital-lending-is-all-set-to-get-a-boost/article37871953.ece A recent RBI report has made a host of valuable suggestions to streamline this fledging sector while protecting borrowers Last year around this
Proposal to create bad bank for farm loans raises several issues that need careful deliberation
Clipped from: https://indianexpress.com/article/opinion/editorials/indian-banks-association-bad-loans-agricultural-sector-7659784/ 🔴 There are better ways to help farmers. Ensuring timely access to credit on more favourable terms for one. But the broader policy
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