Page 60 - Rbi

Over 11.8 mn payment devices deployed across country till April : RBI data

More than 4.11 lakh PoS, mobile PoS and other physical devices were deployed across the country under the Payments Infrastructure Development Fund (PIDF) scheme as on April 30, 2022, the RBI said

Cryptos akin to a world of Carribean pirates in absence of regulation: CEA

V Anantha Nageswaran said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers

Businesses should avoid short-term reward-seeking culture: Shaktikanta Das

Das said doing business involves risk taking. But before taking the risk, the upside and downside will have to be carefully considered

Top headlines: Credit cards to be linked to UPI, rate hike to push up costs

The Reserve Bank of India (RBI) on Wednesday allowed linking of credit cards to Unified Payments Interface (UPI)

Rising interest rates could weigh on valuations of Indian stock markets

Exporters, and low debt, non-capital-intensive businesses should do better

Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later

Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising

RBI MPC: What should borrowers & depositors do amid rising interest rates?

The RBI on Wednesday again nudged up the repo rate by 50 basis points. The move will push up borrowing costs, from home to auto loans. What should depositors and borrowers do in this scenario?

Most e-lending apps not registered with RBI: Governor Shaktikanta Das

The RBI website has a list of apps that are registered with it on the website, the governor said

Policy signals calibrated tightening

During the gradual transition to a neutral stance, maybe over the next couple of months, liquidity management will play an important role in transitioning the WACR closer to the repo rate

RBI enhances limit for e-mandates on credit/debit cards to Rs 15,000

In October last year, the new e-mandate guidelines kicked in, wherein any mandate registration, modification, and deletion will require additional factor authentication (AFA)

RBI allows credit cards to be linked to UPI; marks shift from 'pay now'

Initially, home-grown card network Rupay Credit cards will be linked with UPI

Will good monsoons enable RBI go slow on rate hikes this year?

RBI expects the inflation-inflicted pain to last for three more quarters as it raised the repo rate. However, the forecast of normal monsoon may take pressure off the RBI as it will cool off inflation

RBI raises repo rate by 50 bps to tame prices; pegs FY23 GDP growth at 7.2%

The repo rate before the pandemic came was 5.15%

Hardening yields to buoy debt MFs, experts recommend short-term maturities

Given the risk of high inflation, bond yields can harden further. However, current rates are attractive and provide good scope to start nibbling, say experts

India Inc's earnings may take a hit in coming quarters as rates rise

Listed non-financial firms had saved nearly Rs 1 trn because of decline in interest rates in FY21, FY22

Macroeconomic adjustment

Risks for growth and asset prices have increased

EMIs to soar: Here's how much repo rate hike will pinch home loan borrowers

RBI's repo rate hike spells bad news for those who were looking to buy a home and also for those who are paying their EMIs

Top headlines: Cabinet hikes paddy MSP; masks made mandatory on flights

Business Standard brings you the top headlines on Wednesday

TMS Ep189: Laptop production, Apple Inc, LIC stocks, RBI & inflation

Why has laptop production not taken off despite PLI? What has Apple Inc got in store for you this year? How far can LIC shares slide from issue price? Can RBI rate hike tame inflation? Answers here