Page 206 - Latest Updates on Reserve Bank of India
Statsguru: From UPI to IMPS, mapping digital transactions in India
Wallets have also made a comeback, with rising transaction volumes
 "Statsguru: From UPI to IMPS, mapping digital transactions in India")
March out of retail: Why are foreign banks clinging to corporate banking?
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space
 "March out of retail: Why are foreign banks clinging to corporate banking?")
India's forex reserves rise by $394 million to $631.92 billion: RBI data
India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
 "India's forex reserves rise by $394 million to $631.92 billion: RBI data")
Crude prices risk can be treated as supply shock: RBI deputy governor Patra
Michael Patra adds that while geopolitical fallout is being assessed, it is reasonable to treat it as a supply shock at this stage in setting monetary policy
 "Crude prices risk can be treated as supply shock: RBI deputy governor Patra")
RBI bars Paytm Payments Bank from acquiring customers, calls for IT audit
The ban on customer acquisition shall cripple business growth for Paytm PB, which is targeting to add half a billion customers to its fold
 "RBI bars Paytm Payments Bank from acquiring customers, calls for IT audit")
Ukraine war threatens another global recession, deglobalisation: Patra
While immediate implications are likely lower growth, higher inflation and disruptions to financial markets, the longer-term implications are disruptions to global supply chains, he said
 "Ukraine war threatens another global recession, deglobalisation: Patra")
India's forex reserves rise by $394 million to $631.92 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
 "India's forex reserves rise by $394 million to $631.92 billion")
India's growth recovery may get hurt by geopolitical crisis: RBI deputy
'In a sense, India's growth story remains as weak as it was at the time of the 2013 taper tantrum,' he said
Top headlines: RBI setback for Paytm Payments Bank; IRDAI gets a new chief
Here are the top headlines on Friday
 "Top headlines: RBI setback for Paytm Payments Bank; IRDAI gets a new chief")
Bank credit grows by 7.9% to Rs 116.27 trn; deposits by 8.6%: RBI data
Bank credit grew by 7.9'% to Rs 116.27 trillion and deposits rose by 8.6% to Rs 162.17trillion in the fortnight ended February 25, RBI data showed
 "Bank credit grows by 7.9% to Rs 116.27 trn; deposits by 8.6%: RBI data")
Commodity surge could pressure RBI to normalise more quickly: S&P
S&P expects duty cuts on petrol and diesel if global crude oil prices stay high
 "Commodity surge could pressure RBI to normalise more quickly: S&P")
Morgan Stanley expects India's CAD to widen to 10-year high
Morgan Stanley expects the April RBI policy to mark the process of policy normalisation with a reverse repo rate hike.
 "Morgan Stanley expects India's CAD to widen to 10-year high")
India Inc's direct overseas investment plunges 67% to $754 mn in Feb
India Inc's direct overseas investment declined 67 per cent to USD 753.61 million in February this year, the Reserve Bank data showed on Thursday.
 "India Inc's direct overseas investment plunges 67% to $754 mn in Feb")
Food inflation on Ukraine crisis could force RBI's hand on rates: Economist
The RBI would like to keep interest rates unchanged for a while longer and not put any roadblocks in front of the Indian economy, says Moody's Analytics' Steve Cochrane
 "Food inflation on Ukraine crisis could force RBI's hand on rates: Economist")
Why did students have to leave India to get a medical degree: Rajan
Amid evacuation of medical students from war-torn Ukrainem, the former RBI governor asks why India is not able to retain its 'human capital'
 "Why did students have to leave India to get a medical degree: Rajan")
Not authorised any external entity to address public grievances: RBI
'Instances of misinformation being spread through certain sections of the social media about the Reserve Bank - Integrated Ombudsman Scheme 2021 (RB-IOS) - have come to the notice of the RBI'
RBI issues norm for extended interest equalisation scheme for export credit
The Reserve Bank of India (RBI) on Tuesday issued modified norms on Interest Equalization Scheme for export credit after the extension of the scheme till March 2024 by the government.
We see clear advantages in a central bank driven digital currency: FM
FM Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the RBI and the government sees clear advantages in a central bank driven digital currency
 "We see clear advantages in a central bank driven digital currency: FM")
RBI's dollar-rupee sell-swap auction sees three times more bids
In the auction, the RBI has accepted $5.135 billion against the notified amount of $5 billion
 "RBI's dollar-rupee sell-swap auction sees three times more bids")
BS Number Wise: In Indian elections, the rich win the vote
Politicians own wealth that the people whose support they seek will take decades to earn
 "BS Number Wise: In Indian elections, the rich win the vote")