Page 2 - Latest Updates on Reserve Bank of India
RBI allows UPI linking with pre-sanctioned credit lines from banks
Central bank proposal could strengthen digital lending and buy now pay later businesses, says one expert
 "RBI allows UPI linking with pre-sanctioned credit lines from banks")
Reserve Bank of India goes for a hawkish pause
The RBI has paused because it wants to evaluate the cumulative impact of the past rate hikes
This is a pause, not a pivot, says RBI guv on surprise hold in key rates
Das said RBI is keen to assess the cumulative impact of the rate actions done till now
MPC lowers projection for inflation, raises growth outlook a bit in FY24
Volatility in global financial market has potential upsides for imported inflation, says committee
 "MPC lowers projection for inflation, raises growth outlook a bit in FY24")
No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022
RBI governor makes it clear that if required, MPC could hike rates in future meetings
 "No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022")
RBI monetary policy: MPC votes for pause, keeps repo rate unchanged at 6.5%
RBI repo rate: The MPC decision to hit the pause is for this policy cycle only, says RBI governor Shaktikanta Das
 "RBI monetary policy: MPC votes for pause, keeps repo rate unchanged at 6.5%")
RBI repo rate decision: When and where to watch speech of governor Das
RBI Monetary Policy decision: The speech can be watched on RBI's YouTube channel. It will be broadcast on PIB's YouTube channel as well
Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump
CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"
 "Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump")
LIVE: We will work towards inflation target of 4%, says RBI Governor
Catch all the updates of the live address by Reserve Bank of India's Governor Shaktikanta Das on the decision by the Monetary Policy Committee on repo rate
RBI should prioritise inflation over growth, say FinMin officials
The RBI has a mandate to keep retail inflation at 4 per cent within a band of 2 percentage points on either side
 "RBI should prioritise inflation over growth, say FinMin officials")
RBI monetary policy: Will the central bank hike repo rate again tomorrow?
RBI MPC: If the RBI announces another rate hike tomorrow, it will take the repo rate to the highest level since April 2016, when it was 6.75 per cent
Unfinished battle
RBI will need to do more to contain inflation
 "Unfinished battle")
PSBs transfer Rs 35,012 cr unclaimed deposits to RBI; SBI tops list
Among the PSBs, SBI tops the list with an unclaimed amount of Rs 8,086 crore, while Punjab National Bank has Rs 5,340 crore and Canara Bank has Rs 4,558 crore
 "PSBs transfer Rs 35,012 cr unclaimed deposits to RBI; SBI tops list")
RBI's MPC meet begins amid expectations of yet another rate hike
The RBI's rate-setting panel on started its three-day meeting amid expectations that the central bank may go for 25 basis points hike in benchmark interest rate
 "RBI's MPC meet begins amid expectations of yet another rate hike")
RBI has a responsibility to promote sustainable economic growth: DG Rao
Says banks have a role to play by making finance available to incentivise sustainable initiatives
 "RBI has a responsibility to promote sustainable economic growth: DG Rao")
Neeraj Nigam new RBI executive director, will lead consumer education dept
Central bank executive was regional director of Bhopal office, holds bachelor's degree in civil engineering
MPC may raise rate by another 25 bps as inflation woes persist: BS Poll
All eyes on policy stance, pause signal
India's current account deficit declines to 2.2% of GDP in Q3FY23
Private transfer receipts, mainly representing remittances from Indians employed overseas, amounted to $30.8 billion, an increase of 31.7 per cent per cent YoY
 "India's current account deficit declines to 2.2% of GDP in Q3FY23")
Capital adequacy ratio norms enforcement for UCBs advanced to FY23-end
According to UCB executives, the RBI's move may put banks in a difficult position as only a few days are left to refigure the norms' enforcement
RBI to raise rates once more on April 6 but leave door open for more: Poll
Inflation in Asia's third-largest economy remains above the central bank's upper tolerance limit of 6.00%, reaching 6.52% in January and easing only slightly to 6.44% in February
 "RBI to raise rates once more on April 6 but leave door open for more: Poll")
