Page 302 - Finance News

Centre notifies committee on pension schemes for govt employees

The panel will devise its own procedure and mechanism, including consulting with the states, to arrive at its recommendations

Sebi asks investment advisers to display info prominently in advertisements

This information should also be there in publications, Know Your Client (KYC) forms, client agreements, statements and in any other form of correspondence with the client

RBI to come out with centralised web portal to search unclaimed deposits

"We expect the portal to be ready in 3-4 months," said M Rajeshwar Rao, deputy governor, RBI

Monetary policy review: UPI payments via pre-sanctioned bank credit soon

This new feature could be seen as a substitute for credit card, which has limited reach, experts say

RBI monetary policy review: What led to the interest rate pause?

Real GDP growth for FY23 is expected at 7%, indicating resilient economic activity

Monetary policy: Bond yields soften after RBI hits pause on rate hike

The 10 year g-sec yield is expected to be at 7.0 per cent as against 7.21 per cent currently by end March 2024

Industry associations welcome RBI decision to pause interest rates

After six consecutive hikes aggregating 250 bps, RBI hits a pause

After Credit Suisse wipeout, AT1 bonds make a return in the global market

A Bloomberg index of contingent convertible bonds has risen 10 per cent from the lows seen during the Credit Suisse crisis

RBI allows rupee non-deliverable forex derivative contracts to residents

Step will help develop onshore Indian rupee NDDC and provide residents with the flexibility to design hedging programmes

RBI allows UPI linking with pre-sanctioned credit lines from banks

Central bank proposal could strengthen digital lending and buy now pay later businesses, says one expert

Rupee falls below 82 against US dollar after RBI hits pause on rate hikes

The rupee declined to an intraday low of at 82.06 per U.S. dollar versus 81.88 before the RBI policy announcement

This is a pause, not a pivot, says RBI guv on surprise hold in key rates

Das said RBI is keen to assess the cumulative impact of the rate actions done till now

MPC lowers projection for inflation, raises growth outlook a bit in FY24

Volatility in global financial market has potential upsides for imported inflation, says committee

RBI proposes expanding UPI payments to allow pre-sanctioned credit lines

According to Das, the UPI has transformed retail payments in India and its robustness has been leveraged to develop new products and features from time to time

LIVE: We will work towards inflation target of 4%, says RBI Governor

Catch all the updates of the live address by Reserve Bank of India's Governor Shaktikanta Das on the decision by the Monetary Policy Committee on repo rate

Fight against inflation far from over: RBI projects FY24 inflation at 5.2%

For the June quarter, the retail inflation is expected to average 5.1%, and rise to 5.4% each in the September and December quarter

RBI expansion of NDF access to help manage rupee volatility: Analysts

They were earlier permitted to transact in rupee NDF forex derivatives contracts with non-residents and with other eligible banks

Credit Information firms to compensate for delayed updations: RBI

According to RBI Governor Shaktikanta Das, the above measures will further enhance consumer protection

Current account deficit to remain moderate, eminently manageable: RBI Guv

Das said India's services exports continued to grow at a healthy pace in the first two months of 2023

As RBI keeps repo rate unchanged, here's a timeline of it since June 2000

The standing deposit facility rate and the marginal standing facility rate also remained unchanged