Tag: RBI

India likely to be part of top global bond index by early next year: Morgan Stanley

MUMBAI : India is likely to be included in one of the world’s top global bond indices early next year, Morgan Stanley said in a...

MFs  raise tolerance for  non-bank  debt

Nearly three years since the collapse of Infrastructure Leasing and Financial Services (IL&FS) sent shockwaves across the economy, confidence in non-bank lenders is reviving. Exposure...

How central bank digital currency may work in the Indian context

NEW DELHI : The concept of a central bank digital currency, or CBDC, has been attracting interest across the globe with most central banks actively...

Discount, price and other details

The Reserve Bank of India (RBI) has announced the Sovereign Gold Bond Scheme 2021-2022, Series 6, that will be open for subscription for five days...

IBBI proposes code of conduct for committee of creditors; seeks public comments

Seeking to bring in more transparency, the Insolvency and Bankruptcy Board of India (IBBI) on Friday proposed a code of conduct for the committee of...

Things to know before opening a neobank account

Fintech platforms, which sometimes refer to themselves as neobanks, are increasingly making inroads into the Indian market. The need to go to bank branches has...

inflation: Swift growth recovery likely but inflation may not be transitory: Nomura’s Sonal Varma

A burning issue for the policymakers on Mint Street over the last few months has been the most effective way to rein in consumer prices....

All you need to know about peer-to-peer lending

Fintech firms such as Cred and BharatPe have recently launched peer-to-peer (P2P) lending offerings. Mint looks at the promise and perils of this opportunity. What...

CBDC: CBDC: Who’s ahead, who’s lagging

RBI Deputy Governor T. Rabi last month spoke briefly about the central bank’s plan to introduce a digital rupee, or its own version of CBDC,...

RBI: View: What would money chase in 2047?

Many Indians are trying to conquer a lurking fear that they may get old before they get rich. Late, even early, millennials sense it. After...

bonds: After volatile start to FY22, sovereign bond mart adopts wait-&-watch policy

NEW DELHI: Exactly a week ago, Indian bond traders were a slightly disgruntled bunch. The Reserve Bank of India’s Monetary Policy Committee had released a...

Will move to penalise banks ensure cash in ATMs?

Can’t withdraw money as ATM ran out of cash? This issue will soon be taken care of. The Reserve Bank of India (RBI) has recently...

ATM companies wary of RBI’s Rs 10,000 cash-out fine

(This story originally appeared in on Aug 12, 2021) There is a mixed reaction to the move by the Reserve Bank of India (RBI) to...

RBI keeps interest rates low despite economic revival

In this context, normalization means moving from very low, ultra-supportive interest rates to a little higher but still low and supportive interest rates. The reason...

RBI: RBI more convinced about transient inflation than others

With the US Federal Reserve and the Bank of England hinting at normalisation, factoring in a more enduring nature of the ‘transient’ high inflation, RBI’s...

RBI relaxes norms to facilitate LIBOR migration, how!

The RBI relaxed norms to facilitate migration to alternative reference rate(s) from the London Interbank Offered Rate (LIBOR), a global rate gauge that is fast...

Inflation: RBI avoids policy response to rising inflation to support economic recovery

The Reserve Bank of India raised inflation forecasts on the back of higher oil and other raw materials while it maintained the growth forecast at...

MPC meet: RBI likely to maintain status quo on interest rate

Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest...

Market ahead: Growth worries to keep leash on Nifty50 as all eyes turn to RBI

MUMBAI: Despite the dovishness expressed by the US Federal Reserve on Wednesday and what has been a reasonably strong June quarter earnings season, Nifty50 has...

RBI: Markets see no RBI normalisation till end 2021; GDP trumps inflation worry

NEW DELHI: When the Reserve Bank of India’s Monetary Policy Committee sits down for its bimonthly policy review next week, it will have a few...

Retail Direct Gilt accounts add to investors’ choice

The Reserve Bank of India’s (RBI’s) Retail Direct Gilt Account (RDG Account) opens a vista for retail investors to open an account directly with the...

Depositors to get upto Rs 5 lakh from DICGC within 90 days if bank fails: Cabinet clears amendment

The union cabinet has cleared an amendment today that allows customers of failed or stressed banks which are placed under moratorium to get their deposits...

ATM cash withdrawal, debit card, credit card charges to increase soon

The Reserve Bank of India (RBI) has recently raised the interchange fee that banks can charge on ATM transactions. The interchange fee for financial transactions...

Inflation: High inflation & liquidity, bubble in asset prices: What can RBI do now?

NEW DELHI: In the 1960s, economists John Fleming and Robert Mundell developed a theory referred to as the Impossible Trinity, which claimed that no central...

RBI: Policy transmission improves post external benchmarks

Transmission of policy rates through both lending and deposit rates improved since the Reserve Bank introduced external benchmark linked lending rate, according to study by...