TheMonetary Policy Committee (MPC)remains focused on the withdrawal of accommodation to ensure that inflation progressively aligns with the target while supporting growth. The RBI Governor did not explicitly say that there would be a rate hike post the next MPC meeting. But reading between the line...
The Reserve Bank of India hasimposeda monetary penalty of Rs 1.91 crore on Axis Bank for operating a technology service provider and violating the Banking regulation Act, 1949.Section 6of the Act, which charts the activities permissible for a bank to undertake, does not include operating a tech...
Central Bank Digital Currency in the Historical Perspective: Another Crossroad in Monetary History, Working Paper 29171, http://www.nber.org/papers/w29171 Brunnermeier, M., & Landau, J.‐P. (2022). The Digital Euro: Policy Implications and Perspectives. Policy Department for Economic, Scientific...
The decline in bond yield and swap rate indicate that the central bank may loosen monetary policy via a lower cash reserve ratio (CRR) for banks. The market is estimating a cut in the CRR by 50 bps could release over 1.1 trillion rupees ($13 billion) into the banking system. Topic: Ta...
s reach will also ensure better monetary transmission, important for the effectiveness of the rbi’s own interest rate policy actions. to know more about the rbi exams taking place this year, visit the linked article you can get related articles and information about the upsc exams, by ...
In December 2022, Tata Technologies inaugurated its innovation centre in Toulouse, France. Topic: Corporates/Companies 7. Central government has reformed the merger approval process for start-ups under the ‘fast track merger’ scheme. Corporate Affairs Ministry (MCA) has amended the Corporate (Compro...
The Bulletin includes Monetary Policy Statement June 8, 2023, seven speeches, five articles and current statistics. The five articles are: I. State of the Economy; II. Weather Events and their Impact on Growth and Inflation in India; III. OPEC Oil Supply Announcements: An Assessment of Impact...
According to the Commission, this is what happened (between 2022-2024): Google imposed its billing policy on every purchase of products and services made on its app store (Play Store). It did this without allowing any alternate billing system. The restriction of payment methods resulted in a ...
A single platform to Sell or Buy NBFC Companies or Bombay Stock Exchange Listed companies and other Businesses for Sale
In the report the RBI noted that the global recovery has been losing momentum in the second half of 2021, impacted by resurgence of infections in several parts of the world, supply disruptions and bottlenecks, persistent inflationary pressures and shifts in monetary policy stances and actions ...