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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

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RBI

Forex Reserves Fall To $575.27 Billion, Snap 3-Week Rise

February 13, 2023
<strong>Forex Reserves Fall To $575.27 Billion, Snap 3-Week Rise</strong>

In the week to Jan. 27, the reserves stood at $576.76 billion. (File) The reserves dropped 1.5% last week, their biggest such drop since the week ended Oct. 21. Market NewsReuters Updated: February 10, …

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Categories Finance News Tags Forex reserves, RBI Leave a comment

RBI Says “Banking Sector Resilient And Stable” Amid Adani Stocks Rout

February 4, 2023
<strong>RBI Says "Banking Sector Resilient And Stable" Amid Adani Stocks Rout</strong>

The RBI said it remains vigilant and continues to monitor the stability of Indian banking sector “Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy,” the Reserve Bank …

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Categories Finance News Tags Adani group, Adani Stocks, RBI Leave a comment

Cabinet Clears ₹ 2,600 Crore Scheme To Promote RuPay Debit Card, BHIM-UPI

January 16, 2023
<strong>Cabinet Clears ₹ 2,600 Crore Scheme To Promote RuPay Debit Card, BHIM-UPI</strong>

India’s strides in digital payments will be strengthened by today’s cabinet decision, PM Modi said Under the scheme, banks will be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using …

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Categories Finance News Tags Bhim-UPI, Debit card, RBI Leave a comment

Cryptocurrencies Nothing But Gambling, Their Value Make-Believe: RBI Governor

January 14, 2023
<strong>Cryptocurrencies Nothing But Gambling, Their Value Make-Believe: RBI Governor</strong>

RBI Governor Shaktikanta Das reiterated the need for an outright ban on cryptocurrencies. India News-Press Trust of India Updated: January 13, 2023 9:38 pm IST New Delhi:  Reserve Bank governor Shaktikanta Das on Friday …

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RBI Hikes Lending Rate To 6.25%, Fifth Hike In A Row

December 8, 2022
RBI

RBI Monetary Policy: RBI hikes repo rate to 6.25% RBI Monetary Policy: The Reserve Bank of India hiked its key lending rate by a more modest 35 basis points to 6.25 per cent, citing …

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Categories Finance News Tags Lending rates, RBI Leave a comment

RBI To Launch Retail Digital Rupee On December 1 On Pilot Basis

December 1, 2022
RBI

The retail digital rupee would offer features of physical cash like trust and settlement finality.(File) The retail digital rupee will be in the form of a digital token that represents legal tender. The RBI …

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Categories Finance News Tags Digital Currency, RBI Leave a comment

India’s Growth To Slow Down For Few Years. Why It’s Not Such A Bad Thing

November 30, 2022
common folk in India

Demand may be impacted by borrowing costs that have returned to pre-pandemic levels. India may lose its world-beating growth distinction as demand may be impacted by borrowing costs that have returned to pre-pandemic levels …

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Categories Finance News Tags economic, india's growth, RBI Leave a comment
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