The SDF rate is 6.25 per cent, which is lower than the call money rate
Das said that it will 'actively' manage the liquidity in the economy. The central bank will undertake open market operations to do so
The inflows will add to the RBI's challenge of keeping liquidity on a leash even as it may need to buy dollars to prevent a sharp appreciation in the rupee
Regulator will also harmonise rules for internal ombudsman mechanism of REs
RBI has allowed NBFCs in the middle and base layer to offset their exposures with eligible credit risk transfer instruments
In the previous reporting week, the overall reserves had declined by USD 2.335 billion to USD 590.702 billion as of September 22
Many professional watchers said the fourth consecutive pause pushes their expectations of a rate cut further, with some saying it can happen only in the April-June quarter of 2024
A bullet repayment scheme is one where a borrower repays interest and the principal amount at the end of a loan tenure without worrying about repayment during the loan tenure
Deputy Governor Michael Patra said the dip in net financial savings of households to 5.1 per cent of the Gross Domestic Product (GDP) in FY23 also includes an increase in liabilities
RBI asks lenders to smell where crisis is likely to come up
As the banker to the government, the RBI does not have any worry on the central government finances, Das said
RBI policy: In the last bi-monthly announcement in August, the MPC decided to keep the benchmark repo rate unchanged at 6.5% for the third time in a row. Check all LIVE updates for today's MPC here
Rate-setting panel considers high inflation as risk to macroeconomic stability and sustainable growth, says Shaktikanta Das
RBI MPC has decided to continue with the pause on repo rate at 6.5 per cent for the fourth time in a row
RBI policy: Shaktikanta Das said that real GDP forecast for 2023-24 has been retained at 6.5% by MPC
Experts have said that RBI is likely to keep the repo rate unchanged at 6.5 per cent in view of elevated inflation and other global factors
"Initial public offerings have come back and you have seen a flurry of block deal activity given where markets are. Now we are starting to see institutional share sales as well," said Ashu Khullar
Since April, customers dipping into their mobile-phone wallets to settle bills of more than Rs 2,000 ($24) have to bear a maximum
Meanwhile, it posted a 10 per cent sequential growth from Rs 7,063 crore in the first quarter of FY24
Microfinance loans constituted 14 per cent of volume, in line with the first half of the last fiscal