Page 429 - Finance News
Fixed rate reverse repo, MSF ops to revert to pre-Covid timings from Mar 1
The new timings for the fixed rate reverse repo operations and MSF operations will be from 1730 hrs to 2359 hrs, said RBI in a statement
 "Fixed rate reverse repo, MSF ops to revert to pre-Covid timings from Mar 1")
Bank credit grows at 8.21%, deposits at 8.31% in fortnight ending Jan 28
In the previous fortnight ended January 14, bank credit had risen by 8.01 per cent and deposits by 9.28 per cent
 "Bank credit grows at 8.21%, deposits at 8.31% in fortnight ending Jan 28")
Monetary and fiscal policies cannot be a 'question of either or': Das
'Our assessment and the resultant policy move are fully-geared by the evolving domestic inflation and growth scenarios'
 "Monetary and fiscal policies cannot be a 'question of either or': Das")
Bankers, experts hail RBI's decision to keep policy rates unchanged
Bankers and financial experts Thursday welcomed the RBI's decision to keep policy rates unchanged, saying the move is extremely positive and aimed at controlling liquidity in the system.
Realtors hail RBI policy, say low interest rate to drive housing demand
Housing demand increased by around 50-70 per cent during the last calendar year across 7-8 major cities on various factors such as low interest rates on home loans
 "Realtors hail RBI policy, say low interest rate to drive housing demand")
RBI Governor exhorts banks to continue process of capital argumentation
RBI has been watchful of the impact of the pandemic on the banking and NBFC sectors when the effects of regulatory reliefs and resolutions fully work their way through said Shaktikanta Das
 "RBI Governor exhorts banks to continue process of capital argumentation")
No hike in reverse repo as RBI sticking with accommodative stance: Das
The rates represent a particular stance with regard to the monetary policy and the committee decided to continue with the accommodative stance, said RBI Governor Shaktikanta Das
 "No hike in reverse repo as RBI sticking with accommodative stance: Das")
Exporters in Tirupur hail RBI holding policy rates at same level
RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged
 "Exporters in Tirupur hail RBI holding policy rates at same level")
RBI monetary policy: Rates kept unchanged for continued support to economy
RBI monetary policy 2022: 'India is charting a different course of recovery than the rest of the world, to be the fastest-growing economy,' says RBI governor
Real GDP growth for FY23 projected at 7.8%, says RBI Governor
The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the Finance Ministry in the recent Economic Survey
RBI sees retail inflation moderating to 4.5% in FY23: Here's why
The Reserve Bank of India (RBI) retained its inflation projection at 5.3 per cent for the current financial year
RBI enhances cap on amount for e-RUPI vouchers from Rs 10,000 to Rs 1 lakh
Launched in August 2021, e-RUPI is a one-time use digital solution to facilitate cashless payment.
 "RBI enhances cap on amount for e-RUPI vouchers from Rs 10,000 to Rs 1 lakh")
RBI is still very dovish, but will inflation really remain low?
The indication is that an accommodative stance will continue into the next year too, as long as inflation remains stable
 "RBI is still very dovish, but will inflation really remain low?")
How will UPI Lite allow payments without internet?
Technology, sure, is making our lives better. Very soon, you may be able to make digital payments up to a certain amount without an active internet connection. Let us find out how
 "How will UPI Lite allow payments without internet?")
Union Bank of India looks to move to a new tax regime in FY23
Rajkiran Rai G, managing director (MD) & chief executive officer (CEO), Union Bank, said the net profit is increasing as DTA is coming down every quarter.
 "Union Bank of India looks to move to a new tax regime in FY23")
Indices extend gains on strong global cues; markets eye RBI's policy
Investors were also keenly eyeing the US inflation data which was due on Thursday
 "Indices extend gains on strong global cues; markets eye RBI's policy")
Bond yields cool off before Reserve Bank of India's monetary policy
RBI watchers call for a CRR hike to support OMOs
 "Bond yields cool off before Reserve Bank of India's monetary policy")
Here's what MPC may take into account before announcing its decision today
The gap, which is 25 basis points (bps) during normal times, has widened to 65 bps since the onset of the Covid-19 pandemic
 "Here's what MPC may take into account before announcing its decision today")
Will the RBI policy calm bond markets? Here's what analysts think
High borrowing numbers in the budget as well as absence of any steps to facilitate global bond index inclusion roiled the domestic markets, pushing the yield on the benchmark debt to 6.8
 "Will the RBI policy calm bond markets? Here's what analysts think")
RBI must focus more on inflation to combat spiking yields, say traders
The benchmark 10-year bond yield spiked to a 2-1/2-year high after the government announced a borrowing target of 14.95 trillion rupees ($199.84 billion) for the next fiscal year
 "RBI must focus more on inflation to combat spiking yields, say traders")