Tag: rbi
Export Push: Govt working on easier loans for SMEs, ecommerce exporters
New Delhi: A new collateral-free, pre-shipment loan scheme for small and medium enterprise (SME) and ecommerce exporters is in the works as India eyes $2…
Newly released MPC minutes reveal where RBI members & and new external members agree, and where they differ
MUMBAI: The minutes of the MPC meeting held on October 9 became public on October 23, giving insights into — among other things — the…
Inflation worries trump lone vote to boost growth, highlights RBI MPC’s minutes
Mumbai: A potential slowdown in the core sectors of the economy and a win in the protracted and attritional war over inflation were the arguments…
India cannot risk another bout of inflation: RBI Governor Das
Mumbai: India cannot risk another bout of inflation and the best approach currently would be to remain flexible and wait for inflation to durably align…
Is there a chink in India’s industrial armoury? RBI MPC’s Nagesh Kumar explains why a 25-bps rate cut is needed
Nagesh Kumar, the newest member of the Reserve Bank of India’s Monetary Policy Committee (MPC), has pointed to demand deficits in both domestic and international…
RBI move to slow down gold loan growth, lead to uptick in delinquencies: Crisil
Mumbai: The Reserve Bank’s recent notification asking financiers to review their gold loan practices can slow down loan growth in the near-term and lead to…
UPI: Digital payments surge: Cash usage declines post-pandemic in India, says RBI
Sixty percent of consumer expenditure is still cash based as of March 2024. But its share is declining rapidly post COVID. The share of digital…
RBI expands its “Alert List” of forex trading platforms, adds 13 new names
The Reserve Bank of India has added as many as 13 new names to its “Alert List” of unauthorised forex trading platforms, news agency PTI…
PB Fintech secures account aggregator licence from RBI
PB Fintech, the parent entity of Policybazaar and Paisabazaar, has secured the non-banking finance company-account aggregator (NBFC-AA) licence from the Reserve Bank of India (RBI)…
inflation: Rate hikes since May ’22 helped reduce inflation by 1.60%: RBI paper
The cumulative rate hikes of 2.5 percentage points by the central bank since May 2022 negatively impacted headline inflation by 1.60 per cent, a paper…