The Reserve Bank of India (RBI) held its 29th Standing Advisory Committee (SAC) meeting in Ahmedabad, focusing on improving the credit flow to Micro, Small, and Medium Enterprises (MSMEs). The meeting, chaired by Deputy Governor Swaminathan J, aimed at addressing financial challenges faced by MSMEs and promoting digital solutions for better access to credit. BulletsIn
Loading
All posts tagged in "Rbi"
The Reserve Bank of India (RBI) held its 29th Standing Advisory Committee (SAC) meeting in Ahmedabad, focusing on improving the credit flow to Micro, Small, and Medium Enterprises (MSMEs). The meeting, chaired by Deputy Governor Swaminathan J, aimed at addressing financial challenges faced by MSMEs and promoting digital solutions for better access to credit. BulletsIn
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to decide on interest rates, with the market anticipating a 25 bps rate cut. However, experts are divided, with some expecting the rate cut soon, while others suggest the RBI may delay it until April due to global uncertainties and inflation concerns. RBI
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to decide on interest rates, with the market anticipating a 25 bps rate cut. However, experts are divided, with some expecting the rate cut soon, while others suggest the RBI may delay it until April due to global uncertainties and inflation concerns. RBI
Gold loans in India have seen rapid growth, reflecting their increasing popularity as a financial instrument. However, the Reserve Bank of India (RBI) has raised concerns over irregular practices in the gold lending sector, prompting regulatory measures to ensure transparency and sustainability. BulletsIn Gold loans surged significantly in the year ending September 2024 compared to
Gold loans in India have seen rapid growth, reflecting their increasing popularity as a financial instrument. However, the Reserve Bank of India (RBI) has raised concerns over irregular practices in the gold lending sector, prompting regulatory measures to ensure transparency and sustainability. BulletsIn Gold loans surged significantly in the year ending September 2024 compared to
The Reserve Bank of India (RBI) has cut the Cash Reserve Ratio (CRR) by 50 basis points to 4%, injecting Rs 1.16 trillion into the banking system. The decision has led to positive movement in the stock market, especially in public sector bank (PSU) stocks, as the liquidity infusion is expected to aid lending and
The Reserve Bank of India (RBI) has cut the Cash Reserve Ratio (CRR) by 50 basis points to 4%, injecting Rs 1.16 trillion into the banking system. The decision has led to positive movement in the stock market, especially in public sector bank (PSU) stocks, as the liquidity infusion is expected to aid lending and
RBI’s Deputy Governor Swaminathan J highlighted the central bank’s efforts to build a robust data analytics ecosystem to enhance its supervisory functions. Speaking at the ‘High-level Policy Conference of Central Banks from the Global South,’ he stressed the importance of proactive and forward-looking supervision in a dynamic financial environment. He also outlined the evolving role
RBI’s Deputy Governor Swaminathan J highlighted the central bank’s efforts to build a robust data analytics ecosystem to enhance its supervisory functions. Speaking at the ‘High-level Policy Conference of Central Banks from the Global South,’ he stressed the importance of proactive and forward-looking supervision in a dynamic financial environment. He also outlined the evolving role
Featured Posts
RBI Governor Shaktikanta Das was admitted to Apollo Hospital in Chennai on Tuesday due to a minor health issue, specifically acidity. The Reserve Bank of India (RBI) provided an update, reassuring the public that there is no cause for concern and that he will be discharged in a few hours. This comes amid discussions about
RBI Governor Shaktikanta Das was admitted to Apollo Hospital in Chennai on Tuesday due to a minor health issue, specifically acidity. The Reserve Bank of India (RBI) provided an update, reassuring the public that there is no cause for concern and that he will be discharged in a few hours. This comes amid discussions about
To promote financial awareness among tribal communities, the Reserve Bank of India (RBI), Odisha office, has launched five Santali language booklets. Odisha’s Chief Minister Mohan Charan Majhi unveiled the booklets at Bali Jatra in Cuttack on Friday. The initiative commemorates RBI’s 90 years in India and aims to educate the Santali-speaking population on financial literacy.
To promote financial awareness among tribal communities, the Reserve Bank of India (RBI), Odisha office, has launched five Santali language booklets. Odisha’s Chief Minister Mohan Charan Majhi unveiled the booklets at Bali Jatra in Cuttack on Friday. The initiative commemorates RBI’s 90 years in India and aims to educate the Santali-speaking population on financial literacy.
Despite an unprecedented rise in cash circulation, Indian banks are reducing the number of ATMs and cash recyclers, driven by the shift towards digital payments, especially UPI. From September 2023 to September 2024, the ATM count dropped from 219,000 to 215,000, with a significant decrease in off-site ATMs. BulletsIn Over 4,000 ATMs removed as banks
Despite an unprecedented rise in cash circulation, Indian banks are reducing the number of ATMs and cash recyclers, driven by the shift towards digital payments, especially UPI. From September 2023 to September 2024, the ATM count dropped from 219,000 to 215,000, with a significant decrease in off-site ATMs. BulletsIn Over 4,000 ATMs removed as banks
