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Economist Pinaki Chakraborty says RBI should not print money to finance the fiscal deficit

There are incipient signs of stress in the micro, small and medium enterprises (MSMEs) and retail segments," said the recently released Financial Stability Report for July 2021.

At the interbank foreign exchange, the rupee opened strong at 72.85 against the dollar and lost some ground to touch 72.87 in early deals, a rise of 12 paise over its previous close.

Amazon presently has two membership options - subscribe to the three-month plan, priced at Rs 329, or opt for the annual plan, priced at Rs 999.

Consequent to the appointment of Sankar as Deputy Governor, the central bank rejigged the portfolios of deputy governors.

Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.

The Budget allocated Rs 20,000 crore towards the recapitalization of PSBs to help them consolidate their financial capacity.

Likely impact on growth due to local lockdowns on rising Covid cases will be a key agenda

To comply with its guidelines related to recurring online transactions with Additional Factor of Authentication (AFA).

This is not for the first time that the customers of the bank have faced service outage.

The policy repo rate or the short-term lending is currently at 4 per cent, and the reverse repo rate is 3.35 per cent.

"The licensing policies for universal banks, small finance banks (SFBs) and payments banks are a step in this direction," Shaktikanta Das said.

The apex court refused to interfere with the Centre's and the RBI's decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision.

In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.

While Das did not elaborate further, the central bank had in the past expressed concerns on digital currencies being used for money laundering and terror funding.

Now, the proposed takeover requires the approval of the National Company Law Tribunal.

The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year. While food articles saw softening in inflation

The eight-member panel will take stock of the regulatory measures taken by the Reserve Bank and other authorities

The Reserve Bank of India (RBI) on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance

Analysts said that traders remained cautious ahead of Reserve Bank of India (RBI) monetary policy outcome to be announced on Friday.