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
Category: RBI–Banks
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
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
PM Modi’s 59-min MSME loans: 2.36 lakh loans in 3 years but only this much sanctioned in last 12 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-pm-modis-59-min-msme-loans-2-36-lakh-loans-in-3-years-but-only-this-much-sanctioned-in-last-12-months/2384787/ Credit and Finance for MSMEs: Launched in November 2018 by Prime Minister Narendra Modi, the scheme is said to provide in-principle approval to
Inflation vs growth: Shaktikanta Das encounters old challenges in new term | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/shaktikanta-das-encounters-old-foes-in-new-term-at-reserve-bank-of-india-121120900318_1.html Having kept the main interest rates steady on Wednesday, Das starts his next three-year term Dec. 11 with some in the bank already
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
