Browsing Tag
RBIs
How RBI’s frictionless credit initiative help lenders, borrowers save money? Official explains
The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent, while for borrowers the saving is 6 per cent of the loan amount, a senior central…
Inflation to fall below RBI’s 6% upper tolerance from November: Morgan Stanley – Times of…
NEW DELHI: Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November.Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's…
RBI’s Monetary Policy Committee Meeting In August, Experts Reveal Changes To Expect –…
The last two bi-monthly policy reviews were held in April and June.The Monetary Policy Committee (MPC) meeting will start on August 8 and the changes, if any, will be announced on August 10.
The Reserve Bank of India (RBI) may keep…
RBI’s Strategy In Light Of US Fed’s Rate Hike, What’s The Road Ahead? –…
Fintech Appreciate’s chief executive Subho Moulik said the hike will force central banks to bump up interest rates to avoid currency depreciation risk.The Fed statement keeps the door open for future rate hikesThe 0.25 per cent hike in…
Explained | RBI’s proposal for interoperability of credit and debit cards
Image for representation only
The story so far: On July 5, apex banking regulator Reserve Bank of India (RBI) floated a draft circular seeking comments from stakeholders about mandating that card issuers provide their customers with the…
Vegetable Price Surge In Jul-Aug May Propel Inflation Beyond RBI’s Target: Nomura –…
The Reserve Bank of India (RBI) started its efforts to tame inflation with rate hikes and upped the repo rate by a cumulative 2.50 per cent in policy actions from May 2022 to arrest the price rise.
Last year, inflation had been above the 6…
Canadian Josh Naylor’s two home runs, six RBIs lead Guardians to rout of Pirates
PITTSBURGH — Josh Naylor homered twice, including a three-run shot that keyed a five-run first inning against All-Star Mitch Keller, and drove in six runs and the Cleveland Guardians rolled to a 10-1 victory over the Pittsburgh…
Josh Naylor has 6 RBIs, Guardians thrash Pirates again
Josh Naylor had two home runs and six RBIs, Josh Bell added a two-run shot and Logan Allen pitched five scoreless innings as the visiting Cleveland Guardians pummeled the Pittsburgh Pirates 10-1 on TuesdayTransformers' Cristo Fernandez…
CPI Inflation In June Rises 4.81% On Costlier Food, Remains Within RBI’s Limit; IIP Grows 5.2%…
The government has released the CPI inflation data for June 2023. (Representative image)CPI Inflation June 2023: India's retail inflation in the food basket jumps to 4.63 per cent in June 2023, compared with 2.91 per cent in MayIndia’s…