RBI: Page 8

News and Trends

India's GDP Expected to Shrink 9.5% for FY21, But Silver Linings Already Visible: RBI

RBI governor Shaktikanta Das at the central bank's MPC meeting announced a range of measures to support the economy in emerging from the impact of the Covid-19 pandemic

Technology

How ML-Driven Early Warning Systems Help Lenders Monitor MSMEs

The technology itself has evolved over the past decade to cater to the processing of structured and unstructured data at scale by leveraging ML-driven technology

News and Trends

RBI Keeps Interest Rates Unchanged, Proposes More Measures to Fight Covid-19

The central bank has slashed interest rates by 115 basis points (bps) since the beginning of this year, bringing it to the lowest level since 2000. Repo rate was last cut in an off-cycle policy review in May

Finance

Covid-19 Lockdown: RBI puts off EMIs, Slashes Interest Rates

RBI has not only cut its benchmark repo rate by 70 basis points but also slashed cash reserve ratio by 100 basis points

Finance

Three-Month Loan Moratorium: Not a Waiver, May Not Benefit All Borrowers

Opposed to prima facie benefits of the three-month loan moratorium announced by the RBI, finer details reveal its a costly proposition

Finance

SC Nixes RBI's Curb on Crypto, but Industry Still Not Convinced

Though a welcome move, the supreme court's judgment to squash RBI's curb on cryptocurrency transactions through banks does not solve the core problems ailing the industry, say experts

News and Trends

Relief For Cryptocurrency Stakeholders, Trading Now Legal In India

A three-judge SC bench struck down RBI's ban on cryptocurrency saying that the ban was 'disproportionate'

Technology

Everything You Need To Know About The Proposed Cryptocurrency Ban In India

RBI governor Shaktikanta Das said that issuing currency is a sovereign mandate and this should not be given to private companies

Social Media

WhatsApp Returns Disappointed After RBI Bars Launch Of Payments In India

RBI has told Supreme court that WhatsApp is not compliant with data localisation norms and has directed NPCI to stop full-scale launch of WhatsApp Pay in India

News and Trends

Will NPCI's Diktat To WhatsApp To Revise Localization Framework Delay Payments Launch?

NPCI has asked WhatsApp to make some changes in its framework for complying with data localisation

Finance

Why Converting a Payment Bank to a Small Bank is a counter-intuitive idea

If such failing and non-profitable payment banks are allowed to lend, the capital would no longer be available

News and Trends

4 Economy Areas Where RBI Surplus Must be Placed Beforehand

Here are the sectors which would be prioritized for the RBI surplus deployment so as to give a boost to the low economy.

Finance

Digital Transformation of the Financial Infrastructure: Treading Towards Financial Inclusion in India

If FinTech companies continue making focused efforts towards building new solutions and broadening the horizon of use to a diverse segment, a complete financial inclusion is not a far dream to wake up to

News and Trends

RBI Panel Proposes INR 10,000 Crore Government Fund to Develop MSMEs

RBI panel proposes INR 5,000 crore stressed assets fund for MSMEs

Finance

The Altering Face of Wealth Management and Investments in India

The wealth management and investment domains have come a long way showing an uptrend in the country