Wednesday, October 27, 2021

RBI

RBI maintains status quo for 8th time; retains repo rate at 4 pc

This is the eighth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.

Architecture for infra financing

When startups can raise billions without any difficulty, why is infra financing proving to be a puzzle over decades?

The crux of cryptocurrencies

By R Gandhi Cryptocurrencies, or virtual currencies, have caught the fancy of over one-and-a-half crore Indians as per claims of cryptocurrency exchanges. The trading volume...

Telangana 4th largest contributor to economy: RBI

Hyderabad: Just seven years into existence, Telangana, rising from being a parched poverty-ridden region, has emerged as the fourth largest contributor State to the...

Editorial: Safety net for urban labour

Migration tragedy and economic slowdown have highlighted the need for replicating MGNREGS in urban areas

Status quo to boost growth

The differentiating aspect of the current monetary policy review is the convincing optimism that can propel market sentiments

RBI raises retail inflation projection for FY22 to 5.7 pc

In the previous Monetary Policy Committee (MPC) meeting in June, the RBI's CPI inflation projection for the current fiscal stood at 5.1 per cent.

RBI keeps policy rate unchanged; repo retained at 4 pc

This is the seventh time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.

Sensex, Nifty open marginally higher ahead of RBI’s Monetary Policy

IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by M&M, Maruti, Bharti Airtel, Sun Pharma and NTPC.

KTR urges centre to conduct competitive exams in regional languages

Hyderabad: IT Minister KT Rama Rao on Sunday urged the Union Minister of State Dr. Jitendra Singh to permit candidates taking competitive examinations conducted...

IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

Having secured licence from Registrar of Companies, Indian Banks' Association will move an application to RBI to set up Rs 6,000-cr National Asset Reconstruction Company Ltd or bad bank

Editorial: Inflation worries

The govt must act to quickly rein in the runaway inflation before it inflicts further distress on people and erodes the demand, making an equitable recovery even more difficult

RBI imposes penalties on SBI, 13 banks for violation of rules

The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.

RBI red flags concerns around big tech in financial services

RBI's Financial Stability Report for July also noted that big tech offers a wide range of digital financial services and has a substantial footprint in the payment systems, crowdfunding, asset management

RBI raises average base rate for NBFC-MFI to 7.98%

The rate has been increased from 7.81 per cent that was applicable in the April-June quarter.

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