As part of its monetary policy in October 2024, RBI had informed of its intention to adjust these limits. At present, there is a limit of ₹500 per transaction and an overall limit of ₹2,000 per UPI Lite wallet. UPI Lite allows users to do fast, one-click transactions without the...
5. Banks have kept savings deposit rates unchanged in the current tightening period as per RBI’s Monetary Policy report for April. However, banks have increased term deposit rates during this period. As per the report, increase in term deposit rates in the current tightening cycle has been mo...
For one, the central bank is grappling with a "potential spillover impact of stubbornly high food prices on broader inflation, but no direct control through monetary policy," the chief India economist at TS Lombard said. Another growing worry is India's "weaker than expected growth momentum,"...
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report. "Uncertainty on the inflation trajectory has increased with the recent ...
Sensex drops over 300 points ahead of RBI monetary policy decision Sensex and Nifty drop amid cautious investor sentiment ahead of RBI policy decision, trade war concerns, and profit-taking. February 05, 2025 16:18 Stock Market Live Updates: Swiggy shares ended 3.56% lower on the NSE...
RBI Repo Rate Cut 2025 – What to Expect – Learn why the RBI’s Monetary Policy Committee is likely to cut the repo rate for the first time in five years, its economic impact, and market implications.
Bordo, D., (2021).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...
This forthcoming initiative was revealed by Governor Shaktikanta Das during the post-monetary policy… Read More X Facebook LinkedIn Pinterest Reddit HackerNews Telegram Weibo Email Print Subscribe Like Copy Link Read more in: Fintech, Asia | Tagged india, India Central Bank, rbi, regulation ...
RBI pushes lenders to revive funding market vital for monetary policy 14-05-2025 Greaves Electric gets Sebi nod for public listing, looks to raise Rs.1000 cr Personal loans: How RBI’s latest rules on digital lending are likely to impact borrowers?
RBI Monetary Policy Report is one of the main publications of the country's central bank, featuring the most important economic indicators. The Reserve Bank of India (RBI) publishes the report twice