Page 21 - Rbi

Rates on hold but RBI MPC gets battle ready for economy as Omicron looms

Committee meeting kept policy stance accommodative as Jayanth Varma opposed, but the central bank later worked on raising money market rates through VRRR.

Pine Labs launches 'Plural Tokenizer' to help firms with RBI norms

Service announced in line with central bank's new data security guidelines coming into effect from January 1

MPC minutes: Omicron may derail ongoing demand recovery, says RBI Governor

'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das

Macroeconomic target setting has now become a joke and needs review

The time has come to start questioning this target setting business. Since 2009 these targets for financial stability have become a joke everywhere.

Banks, online merchants race to comply with RBI card data storage norms

New rules for banks, merchants & stakeholders kick in from January 1

Most consumers wary of stricter rules for online card use: Survey

Fear of risks is likely to make 28 per cent of consumers shift to paying cash on delivery, says nationwide study

Statsguru: Six charts explain RBI's new PCA framework for NBFCs

According to RBI data for January 2021, while there were 9,507 NBFCs, only 64 were deposit-taking (NBFC-D)

Year in review: Five technologies and trends that did not work in 2021

Here is a look at the disappointing aspects of 2021

Plea in HC to direct RBI to make policy on Rs 50 coin for visually impaired

A plea has been filed in the Delhi HC seeking direction to the Centre and RBI to formulate a policy to issue Rs 50 coins to the visually impaired.

Reserve Bank of India red-flags cryptocurrency risks in board meet

Officials say introduction of CBDCs will obviate need for private cryptos

RBI cautions banks' chiefs on risk involved in cryptocurrency trade

The central bank, on the other hand, has been vocal against crypto currencies

A perfect partnership

Being an economist might be desirable but parachuting one in certainly isn't

Market wrap: Monetary policies, Omicron drag Sensex, Nifty 3% in a week

IT stocks dazzle in a weak market on Accenture's stellar earnings show; Govt mulls changes in law to cut govt stake in PSU banks

RBI's push towards card security likely to hit merchants, lenders: Report

Merchants and bankers argue they have not been given enough time to comply with the changes that RBI wants to make effective Jan 1, 2022

India's largest lender SBI increases benchmark lending rate by 0.1%

State Bank of India (SBI) has increased benchmark lending rate or base rate by 0.1 per cent, a move that may be followed by other lenders.

Need to harmonise rules on taxation and recovery for NBFC too: FIDC

Urges govt to exempt TDS on interest payment made to NBFCs, as in the case of banks and life insurers

How worrying is record-high wholesale price inflation?

An RBI survey showed that households can expect inflation to rise further in the near and medium-term. Wholesale prices also surged to a decade high in November. Find out if it is a cause of concern

RBI fines ICICI Bank Rs 30 lakh and PNB Rs 1.8 cr for non-compliance

RBI found non-compliance on part of ICICI Bank with directions related to levy of charges for non-maintenance of minimum balance in saving accounts

Scheduled payment banks, SFBs to do government agency business: RBI

Bank executives said this is step to broad-base set up and enhance quality of service for government business

RBI's PCA framework to discipline NBFC sector in long run, say analysts

Three different risk thresholds, three different yardsticks to measure PCA risk thresholds. The curns against the NBFC get progressively tightened as they breach higher threshold levels