Clipped from: https://www.business-standard.com/article/opinion/the-account-aggregator-framework-is-a-game-changer-121120500906_1.html By sharing information digitally and securely through the AA framework, lenders get a host of data points like bill payments and investments to
Category: RBI–Banks
Stay the course | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/stay-the-course-121120500977_1.html RBI should not stop the normalisation process The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to keep the policy
RBI likely to hike reverse repo by 20 bps despite uncertainty on Omicron | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-likely-to-hike-reverse-repo-by-20-bps-despite-uncertainty-on-omicron-121120500949_1.html If Omicron becomes a major issue, risks to India’s inflation will likely rise further Reserve Bank of India Despite uncertainty related to the
Extensions in finance: Can the regulator regulate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/extensions-in-finance-can-the-regulator-regulate/article37857238.ece?homepage=true Fintech platforms are the latest entrants to the over-extended financial system Union Bank of India has advertised for home loans at 6.40 per
New learnings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbis-state-finances-report-rightly-focuses-on-municipal-bodies-and-quality-spending/article37855417.ece The RBI report rightly urges “greater fiscal transparency, revitalising the municipal bond market and boosting infrastructure finance and green finance” – REUTERS The
‘We have ensured that our underwriting standards are robust’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/we-have-ensured-that-our-underwriting-standards-are-robust/article37857215.ece **EDS: FILE** New Delhi: In this file photo, dated Sept 28, 2018, is seen State Bank of India MD Dinesh Kumar Khara during
Monetary policy: Status quo on rates and stance likely | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-status-quo-on-rates-and-stance-likely-121120500870_1.html The economy is recovering fast but nobody knows yet how serious the Omicron threat is. The RBI can afford to err on the
IT min asks bankers to create robust platform for easy credit availability | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/it-min-asks-bankers-to-create-robust-platform-for-easy-credit-availability-121120500465_1.html IT Minister Ashwini Vaishnaw exhorted the banking industry to create an innovative digital platform for providing quick and easy credit to MSMEs, small
The wrong regulator for fintech | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-wrong-regulator-for-fintech-121120301623_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 There has to be accountability for the central bank’s errors in the past The Reserve Bank of India (RBI) is determined to maintain
Reverse repo status quo needed to give more time for economic recovery to strengthen: Report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/reverse-repo-status-quo-needed-to-give-more-time-for-economic-recovery-to-strengthen-report/2382357/ The Reserve Bank of India (RBI) has been sucking out excess liquidity through other measures so far, which has resulted in liquidity surplus
RBI likely to keep key policy rate unchanged, say experts – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-likely-to-keep-key-policy-rate-unchanged-say-experts/2382352/ The Reserve Bank Governor-headed Monetary Policy Committee (MPC) is scheduled to meet during December 6-8, 2021. The central bank had kept the benchmark
RBI may deflate hype around reverse repo rate hike: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-deflate-hype-around-reverse-repo-rate-hike-sbi-report/article37835657.ece The Ecowrap emphasised delaying normalisation measures is prudent in current situation which would give time for economic recovery The Reserve Bank of India
Addressing the need-gaps: How India’s fintechs can make deeper inroads in rural India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/addressing-the-need-gaps-how-indias-fintechs-can-make-deeper-inroads-in-rural-india/articleshow/88084255.cmsSynopsis With only 28% of rural India boasting access to internet-enabled smartphones and a low level of digital literacy among rural residents, India’s rural
HDFC Bank vs ICICI Bank vs SBI FD rates: Check who is offering highest interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/hdfc-bank-vs-icici-bank-vs-sbi-fd-rates-check-who-is-offering-highest-interest-rate/articleshow/88069229.cmsSynopsis Who among these three leading banks are offering the highest rates for FD with amounts below Rs 2 crore? Read on to find
Banks, companies rush to bond market to lock lower rates – The Financial Express
Clipped from: https://www.financialexpress.com/market/banks-companies-rush-to-bond-market-to-lock-lower-rates/2381463/ Usually, most issuers remain on the sidelines and wait for the policy decision, but this time the trend seems to be reversing. However,
Indian banks behind the curve in tapping payments tech: Uday Kotak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-behind-the-curve-in-tapping-payments-tech-uday-kotak/articleshow/88078147.cmsSynopsis On the homegrown payments ecosystem, Kotak said UPI payments as well as Aadhaar unique identity basis for transactions are remarkable innovations and they
Omicron scare may delay RBI plan to normalise accommodative monetary stance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/omicron-scare-may-delay-rbi-plan-to-normalise-accommodative-monetary-stance-121120300551_1.html The six-member monetary policy committee of the RBI will meet from December 6-8 to review the policy Photo: Bloomberg The concern over the
Fintech risk landscape – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fintech-risk-landscape/article37810464.ece How to thrive in a regulated environment With over 1,500 start-ups dotting the fintech landscape, India’s financial and banking sector has witnessed an
PMC Bank depositors to weigh legal options if scheme of amalgamation not modified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pmc-bank-depositors-to-weigh-legal-options-if-scheme-of-amalgamation-not-modified/article37802334.ece?homepage=true Chander Purswani, President, PMC Depositors Forum opined that RBI should allow individual depositors to withdraw 20-25 per cent of the balance in their
Fed chief’s comment on rate hike set to ruin Dalal Street’s Christmas party – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-chiefs-comment-on-rate-hike-set-to-ruin-dalal-streets-christmas-party/articleshow/88022829.cmsSynopsis While the benchmark Nifty50 has not yet technically entered a correction zone of 10 per cent from its record high, a large swathe