Tag: RBI

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...

Numbers that matter: State of an economy interrupted, in charts

(This story originally appeared in on Jul 16, 2021) The gradual fall in Covid-19 cases and subsequent aggressive vaccination drive across the country has brightened...

Now you can buy govt bonds via RBI. Here’s how

The Reserve Bank of India (RBI) in February said it will open up government bonds for small investors under ‘RBI Retail Direct’, and released guidelines...

Rates will likely remain on hold in calendar year 2021 and even beyond that: Devendra Pant, India Ratings

Dr Devendra Pant, India Ratings & Research, talks about the latest inflation and IIP print in an interview to ET Now’s Tamanna Inamdar. Edited excerpts:...

Here’s how retail investors can buy G-Secs directly from RBI

In February this year, the Reserve Bank of India (RBI) had said that it would allow retail investors to directly buy and sell government securities...

A $12 billion Indian asset manager takes on the million-dollar inflation question

The US Federal Reserve’s recent change in tone and the Reserve Bank of India’s insistence on looking past the current surge in inflation has created...

Price shock has this $29 billion debt manager expecting hawkish RBI

By Ronojoy Mazumdar India’s central bank may signal the start of a normalization of its accommodative monetary policy at its August meeting amid accelerating inflation...

Investment strategy for debt investors as inflation fears rise

NEW DELHI: Given the expectation of rising interest rates and subsequent policy normalisation by the Reserve Bank of India (RBI), experts suggest that investors should...

Overdue FDs to earn lower interest after this RBI tweak; what you should do

The Reserve Bank of India (RBI) has amended the rules regarding how banks will pay interest on overdue, unclaimed fixed deposits (FDs). As per the...

SC seeks response of Centre, RBI on plea of PNB against disclosure of info under RTI

The Supreme Court has refused to grant interim stay on the RBI‘s notice asking to disclose information such as defaulters list and its inspection reports...

Full list of days banks will remain closed this month

Banks will remain closed for a total of fifteen days in July on account of holidays. These include second, fourth Saturdays and Sundays apart from...

Investment in gold can be more than a hedge against inflation

One of the biggest risks of investing is not being able to beat inflation. So, if you are invested in an asset class that is...

Co-op banks shall not outsource core management functions: RBI

The Reserve on Monday directed cooperative banks not to outsource core management functions such as policy formulation, internal audit and compliance, compliance with KYC norms,...

Carlyle deal: PNB Housing Finance holds EGM

held its much-awaited extraordinary general meeting (EGM) on Tuesday to seek shareholders’ approval for a Rs 4,000 crore capital infusion into the company led by...

What do the new hallmarking  rules mean for you?

From 16 June, jewellers have been allowed to sell only hallmarked gold jewellery and artefacts. The government has planned a phase-wise implementation of mandatory hallmarking...

These banks offer unlimited free ATM transactions. Details here

The Reserve Bank of India (RBI) has recently allowed the banks to increase the charges for cash and non-cash ATM transactions beyond the free monthly...

RBI has taken steps to smoothen impact of second COVID wave, says Deputy Governor Jain

Asserting that the second wave of COVID-19 has posed some challenges, RBI Deputy Governor M K Jain on Friday said both the central bank and...

Decoding high inflation: Use supply side measures, not interest rates, to cool consumer prices

First, a little bit of background. Inflation measures the rate of increase in the level of absolute prices. So, high prices don’t necessarily mean inflation,...

Microfinance may get the freedom to bloom

Differentiated lending rates and new product development is likely to drive India’s microfinance market going forward with the Reserve Bank of India planning to create...

RBI proposes to cap borrowers’ repayment outgo, scrap lending rate ceiling in uniform microfinance regulations

The Reserve Bank of India has suggested capping the total repayment outflow from a household to half of the annual income of the economically weaker...

5 ATM cash withdrawal rule changes you should know

The Reserve Bank of India (RBI) on Thursday announced some changes in automated teller machine (ATM) cash withdrawal rules. These ATM cash withdrawal rule changes...

RBI owns more of its benchmark bond than yield-managing BOJ

The benchmark yield in India’s one-trillion-dollar sovereign bond market is holding remarkably steady despite a ballooning government borrowing program. A possible reason for the lull...

Soon, you can get salary and pay EMIs on bank holidays

Whenever your EMI falls over the weekend or banking holidays, the lender debits your bank account either a day earlier or on the next business...