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Page 48 - Rbi

BBPS inward payments to deepen cross-border payment ecosystem in India

Bharat Bill Payment System (BBPS), under the aegis of the RBI, allows recurring utility bill payments through an integrated platform

BBPS inward payments to deepen cross-border payment ecosystem in India
Updated On : 05 Aug 2022 | 5:20 PM IST

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts

The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts
Updated On : 05 Aug 2022 | 5:13 PM IST

Loan EMIs to rise as RBI increases repo rate by 50 bps to curb inflation

Several banks have already raised their borrowing rates and some will again increase their rates after this hike by the central bank.

Loan EMIs to rise as RBI increases repo rate by 50 bps to curb inflation
Updated On : 05 Aug 2022 | 4:48 PM IST

India OIS rates jump by at least 15 basis points on RBI rate hike

India's overnight indexed swap rates jumped by at least 15 basis points after the country's central bank hiked its key policy repo rate by 50 basis points and highlighted inflation concerns.

India OIS rates jump by at least 15 basis points on RBI rate hike
Updated On : 05 Aug 2022 | 2:58 PM IST

RBI to widen ombudsman mechanism by including credit information companies

The Reserve Bank on Friday decided to expand the scope of Internal Ombudsman framework by including Credit Information Companies (CICs) with a view to strengthening grievance redressal system.

RBI to widen ombudsman mechanism by including credit information companies
Updated On : 05 Aug 2022 | 2:17 PM IST

RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history

RBI surges repo rate by 50 bps to 5.4%; 10-year-old bond yields up by 10 bps to 7.25%. Here are all the key points and changes in RBI MPC in August 2022 you need to know.

RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history
Updated On : 05 Aug 2022 | 1:18 PM IST

Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%

Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty indices gained up to 1%

Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%
Updated On : 05 Aug 2022 | 11:10 AM IST

Call grows among market participants for shift in RBI's stance to neutral

Drop in bond yields reflects hope of smaller hikes

Call grows among market participants for shift in RBI's stance to neutral
Updated On : 05 Aug 2022 | 8:28 AM IST

Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more

Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines

Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more
Updated On : 05 Aug 2022 | 7:16 AM IST

Will RBI catch up with rest of the world on Friday in terms of rate hike?

On August 4, the Bank of England is expected to raise rates by 50 bps to 1.75 per cent. A Business Standard poll of 10 economists expects the RBI to raise rates by 35-50 bps

Will RBI catch up with rest of the world on Friday in terms of rate hike?
Updated On : 05 Aug 2022 | 1:42 AM IST

India's 10-year bond yield drops on report of rate pause by RBI tomorrow

Indian government bond yields dropped on Thursday, with the 10-year benchmark yield down 9 bps after a report said the RBI might be guided by data after Friday's decision.

India's 10-year bond yield drops on report of rate pause by RBI tomorrow
Updated On : 04 Aug 2022 | 4:23 PM IST

What to expect from the RBI's upcoming monetary policy announcement?

In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent

What to expect from the RBI's upcoming monetary policy announcement?
Updated On : 04 Aug 2022 | 3:28 PM IST

Parliamentary panel wants banks to compensate customers hit by cyber fraud

The hapless customers should not be made to suffer and forced to run from pillar to post for redressal, the panel headed by BJP leader Jayant Sinha said

Parliamentary panel wants banks to compensate customers hit by cyber fraud
Updated On : 03 Aug 2022 | 11:54 PM IST

Investor wealth jumps over Rs 13.5 trn as markets rally for sixth day

Sensex has jumped 3,082.04 points, or 5.57%, during these six sessions

Investor wealth jumps over Rs 13.5 trn as markets rally for sixth day
Updated On : 03 Aug 2022 | 8:28 PM IST

Why using CPI for REER calculation has been self-destructive for India

Given its stage and uncompetitive infrastructure, India's approach has been largely naïve or self-destructive

Why using CPI for REER calculation has been self-destructive for India
Updated On : 03 Aug 2022 | 8:16 PM IST

RBI MPC meeting begins amid expectations of 3rd consecutive rate hike

Headed by RBI Governor Shaktikanta Das, the Monetary Policy Committee (MPC) is scheduled to announce its decision on August 5.

RBI MPC meeting begins amid expectations of 3rd consecutive rate hike
Updated On : 03 Aug 2022 | 5:13 PM IST

Rupee plummets 68 paise at 79.21 against USD as macro data disappoints

At the interbank foreign exchange market, the local currency opened lower at 78.70 and fell further to settle at the day's low of 79.21.

Rupee plummets 68 paise at 79.21 against USD as macro data disappoints
Updated On : 03 Aug 2022 | 4:51 PM IST

June credit card spends remain above Rs 1 trillion-mark, shows data

Notwithstanding MoM decline, spends up fourth month on the trot

June credit card spends remain above Rs 1 trillion-mark, shows data
Updated On : 02 Aug 2022 | 11:50 PM IST

Looking through supply-side inflation is a flawed approach: Viral Acharya

Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor says

Looking through supply-side inflation is a flawed approach: Viral Acharya
Updated On : 02 Aug 2022 | 11:26 PM IST

No collapse, rupee taking its natural course, says FM Nirmala Sitharaman

Sitharaman informed the Rajya Sabha that the RBI is continuously monitoring the local currency and intervening only if there is volatility.

No collapse, rupee taking its natural course, says FM Nirmala Sitharaman
Updated On : 02 Aug 2022 | 9:58 PM IST