Page 50 - Rbi Policy

RBI to come out with regulatory architecture on digital lending platforms

The Reserve Bank of India will soon come out with regulatory architecture for digital lending platforms, many of which are unauthorised and illegal, Governor Shaktikanta Das said on Thursday. There have been increasing cases of alleged suicides of borrowers due to harassment by a few of the operators of digital lending apps. "I think very soon we will be coming out with a broad regulatory architecture, which should be able to address the challenges that we are confronted with regard to lending through digital platforms, many of which are unauthorised, unregistered and, should I say, illegal," Das said while delivering a lecture on - Indian Businesses (Past, Present and Future). He was speaking at the Iconic Week celebration as part of the 'Azadi Ka Amrit Mahotsav' to mark the 75th anniversary of Independence, organised by the Central Board of Indirect Taxes and Customs (CBIC). Das on Wednesday suggested that customers borrowing from unregistered digital lending apps should approach

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers

With month to go for card-on-file tokenisation, firms set up solutions

Merchants and other entities that have stored card details of customers will have to purge the data and apply tokenisation

Stocks to Watch: Banks, Lupin, YES Bank, CG Electricals, Ujjivan SFB, Sugar

Stocks to Watch Today: Sugar industry has requested the government that the additional 1 MT export order be given the mills, and not trader or exporters.

RBI joins global central banks, more hikes to follow

The Indian central bank has now gone back to the familiar script, in line with the global central banks

RBI's rate hike to push up costs: Realty, capital goods companies

Ramani Sastri, chairman and managing director (MD) of real estate firm Sterling Developers, said interest rates impact the cost of doing business

'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das

'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'

RBI monetary policy: Missing inflation mandate now a 'fait accompli'

Consumer price index-based inflation, the yardstick of the RBI in monetary policy making, was, on average, above 6 per cent during the January-March quarter

India prepared to deal with global macroeconomic challenges: CEA

Asserts country's fundamentals are strong, govt and RBI will meet challenges with 'flexible and adroit' policymaking

RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%

The repo rate before the pandemic came was 5.15%

Sensex slips 215pts amid volatility post repo rate hike; ITC, RIL weigh

The RBI today raised the repo rate to 4.9 per cent, up from 4.4 per cent. The Central Bank also raised consumer price (CPI) or retail inflation forecast for FY23 to 6.7 per cent from 5.7 per cent.

RBI rate hike may see rate sensitive stocks bottom out. Time to buy?

Shares of banks and NBFCs seem to be better placed on the charts, while that of automobile, realty and others need to sustain above the crucial levels.

Rate sensitive shares trade firm after RBI hikes repo rate by 50 bps

The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.

Stocks to Watch: SBI, HDFC Bk, RITES, Reliance, PNB, Mining, South India Bk

Stocks to Watch Today: Banks and rate sensitive related shares are likely to be in focus today as RBI announces the outcome of its three-day policy meet this morning.

Will a rate hike by RBI help tame inflation?

The US Fed nudged up its interest rates to tame inflation that leapt to 8.5%. Worldwide, central banks resort to rate hikes to reduce inflation. But does it always work? This report explains more

Investors book profit day ahead of RBI policy outcome; Sensex falls 568 pts

CLOSING BELL: The NSE Nifty50, held the crucial 16,400-mark to shut shop at 16,416, down 153 points

10-year G-Sec touches 7.5% ahead of RBI's monetary policy review

The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers

RBI's monetary policy to focus on macroeconomic stability

Since the last policy announcement, inflationary risks have increased significantly

Sensex slips 94 pts, Nifty holds 16,550; Oil India soars 11%, LIC falls 3%

CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows

TMSEp187: Draft IT rules, ed-tech challenges, markets, fat-finger

What's the impact of draft IT rules on social media? Can ed-techs survive the post-pandemic era? What should investors track as RBI MPC meets? What is a fat-finger alias freak trade? All answers here