Page 136 - Finance News

Monetary policy: Rupee reverses initial gains on concern over RBI moves

Bond yield hardens on rate status quo

RBI policy: Hike in FCNR(B) deposit rate may have limited impact on flows

An FCNR (B) account lets customers maintain a fixed deposit in India in freely convertible foreign currencies for a tenure ranging from one to five years

The underlying slowdown in growth is due to inflation: RBI Governor Das

Its better we stick to monetary policy, says RBI governor Shaktikanta Das

RBI allows small finance banks to offer pre-sanctioned credit line on UPI

Step will 'further deepen financial inclusion and enhance formal credit', says central bank

De-dollarisation not our objective, says RBI Governor Shaktikanta Das

He also mentioned that the idea of a currency for BRICS countries was floated by one of the countries; however, no decision has been made on the matter

Indian households expect inflation to rise further, says RBI survey

Consumer confidence dips marginally

RBI Innovation Hub develops MuleHunter.ai to combat mule account frauds

The RBI has taken several measures to prevent and mitigate digital frauds in the financial sector, including the issuance of cybersecurity and cyber fraud prevention guidelines, among others

RBI to introduce new benchmark SORR based on secured money markets

Secured Overnight Rupee Rate (SORR), will be developed with the support of Financial Benchmarks India Limited (FBIL), which has been requested to take the proposal forward

RBI keeps repo rate unchanged, cuts banks' CRR and lowers GDP forecast

Monetary Policy Committee keeps repo rate unchanged at 6.50% for the eleventh consecutive review

Realty, infra firms say CRR cut positive for sector, will infuse liquidity

RBI's decision will enable banks to have more funds to lend, they say

What is MuleHunter.AI? RBI's latest tool against financial fraud explained

The Reserve Bank Innovation Hub has launched MuleHunter.AI, an advanced AI tool designed to identify and flag mule accounts, aiming to combat financial fraud and money laundering

RBI MPC Updates: Shaktikanta Das headlines inflation, says no room for knee-jerk reactions

RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here

Is insurance selling by BCs the next step in financial inclusion?

The business correspondents' representative body has asked IRDAI to allow them to sell insurance products, particularly weather-indexed schemes to provide a safety net for rural buyers

No room for knee-jerk reaction on growth forecast, RBI action: Guv Das

RBI Monetary Policy Committee answers queries on growth forecasts, liquidity, cash demand, and CRR adjustment

RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3

Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices

RBI raises rates for non-residents to attract forex, halt rupee losses

The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee

RBI allows small finance banks to offer pre-sanctioned credit via UPI

RBI allows Small Finance Banks to offer pre-sanctioned credit lines via UPI, aiming to boost financial inclusion for underserved communities, including small businesses and micro-entrepreneurs

What did RBI Governor Shaktikanta Das say about his tenure extension?

RBI MPC: Governor Shaktikanta Das dodges term question with a smile, focuses on policy

RBI hikes rate caps on diaspora's currency deposits to attract flows

Das said the rupee has depreciated by 1.3 per cent mainly on strengthening of the US dollar

RBI slashes Cash Reserve Ratio to 4%: What it means for banks and you

RBI governor Shaktikanta Das said that the CRR reduction will release Rs 1.16 trillion into the banking system, providing additional liquidity and enable banks to extend more loans