Page 4 - Rbi Policy

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das

RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here

Fake lending apps: How RBI plans to end this menace with a repository

To tackle the issue of fake lending apps, RBI on Thursday proposed creating a public repository of digital lending apps

RBI to set up repository of lending apps to check unauthorised players

The Reserve Bank on Thursday proposed to create a public repository of digital lending apps in a bid to address the problems arising from mushrooming unauthorised players in the segment. In another significant move, the central bank proposed to introduce a facility of "Delegated Payments" in UPI to enable an individual to allow another individual to make UPI transactions. In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has taken several measures for the orderly development of the digital lending ecosystem in India. In a bid to address the problems arising from unauthorised digital lending apps (DLAs), he said the RBI proposes to create a public repository of DLAs deployed by its regulated entities. "The regulated entities (REs) will report and update information about their DLAs in this repository. This measure will help the consumers to identify the unauthorised lending apps," Das said. On introduction of 'Delegated Payments' through U

Explained: RBI focus on food inflation, what MPC policy means for markets?

Why stock market, Sensex, Nifty fell after RBI policy: RBI governor Shaktikanta Das emphasised on food inflation and said food prices have remained elevated for too long

Alternative investments becoming more attractive to retail customers: RBI

Alternative investment avenues are becoming more attractive to retail customers, the Reserve Bank of India (RBI) said while unveiling the monetary policy on Thursday, August 08

RBI holds repo rate at 6.5%, home loan EMIs unchanged: What you must do now

The unchanged repo rate means there will be no immediate effect on home loan EMIs

RBI hikes UPI limit for tax payments to Rs 5 lakh per transaction

As direct and indirect tax payments are common, regular and high value, it has been decided to enhance the limit for tax payments through UPI from Rs lakh to Rs 5 lakh per transaction.

RBI's monetary policy committee keeps repo rate unchanged at 6.5%

Monetary policy stance retained at 'withdrawal of accommodation' to aid the MPC's focus on bringing inflation towards the target

India's July inflation 'dipped' below RBI target, high base effect at play

Rising food costs, especially for vegetables, and hikes in telecom tariffs last month were offset by a higher base from July last year

RBI policy: Investors should opt for short to medium-term duration funds

Shah advised investors to maintain a duration-focused portfolio and exercise patience for further rate cuts, which are expected in the second half of the fiscal year.

Stocks To Watch Today, Aug 8: Financials, Real estate, MRF, Marico, NTPC

At 6:50 AM, GIFT Nifty futures were down 179 points, trading at 24,187.5, indicating a negative start for Indian stocks.

Will Sensex, Nifty rise or fall today? RBI Policy, weekly expiry in focus

All you need to know before market opens on Aug 8: Global stocks trade lower; GIFT Nifty hints at 150 pts gap-down; FIIs continue to sell; Nifty weekly expiry and RBI rate decision may set trend today

RBI expected to hold rates, markets seek hints on possible future cuts

Investors are hopeful the RBI will soften its stance on inflation following the recent souring of global market sentiment

RBI to hold rates, may sound confident of reaching inflation target: Report

The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident about reaching its 4 per cent inflation objective, a foreign brokerage said on Wednesday. The rate-setting panel may prefer to stick to the 'withdrawal of accommodation' stance of the monetary policy, HSBC said in the report on the eve of the RBI MPC's decision. "While it's a close call, we also think the policy stance will remain unchanged, even as the RBI sounds more confident than before about getting to its 4 per cent inflation target," it said, listing out the aspects it will watch out for in the document or the resolution. These include any softness in tone around increased confidence of getting to 4 per cent inflation durably, or a change in growth or inflation forecasts, and, further commentary around the use of OMO (open market operations) sales to take out excess liquidity. In the background of another member dissenting at the last policy review, the brokerage

Yen carry trade, US recession threat: How brokerages interpret developments

India, analysts said, remains in a relatively better position amid strong fundamentals. Though valuations remain a concern, investors can use markets correction to buy quality stocks for the long-term

Rupee expected to decline further as policy shift comes into focus

The currency tested successive lows in recent days amid outflows from local stocks following a hike in equity taxes

RBI's tighter liquidity norms credit positive for banks, says Moody's

The central bank released a set of preliminary guidelines last month, including suggesting that banks will be required to allocate an additional 5 per cent reduction in the stability of retail deposit

RBI issues norms to improve safety of payment systems with fraud monitoring

The RBI on Tuesday said non-bank payment system operators will have to put in place a real-time fraud monitoring solution to identify suspicious transactional behaviour and generate alerts. Also, non-bank payment system operators (PSOs) will have to ensure that an online session on mobile application is automatically terminated after a fixed period of inactivity and customers are prompted to re-login, according to Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank PSOs. The directions have come into effect from Tuesday, but the Reserve Bank has also prescribed a phased implementation to provide adequate time to PSOs to put in place the necessary compliance structure. RBI said the directions aim to improve safety and security of the payment systems operated by PSOs by providing a framework for overall information security preparedness with an emphasis on cyber resilience. Regarding mobile payments, RBI said PSOs should ensure that an authenticat

P2P industry: When will RBI walk the talk?

The regulator has issued show cause notices to a few P2P platforms for certain practices. Let's see how they defend themselves and how the regulator reacts

RBI slaps fine of Rs 2.4 crore on Visa for unauthorised payment method

The central bank has aimed to tighten scrutiny of the processes followed by financial technology, or fintech, companies