Category: RBI–Banks

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

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

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

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

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

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

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

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

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

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

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

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

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,