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Raghuram Rajan worried about COVID-19 impact on poor and small firms
He said when the economy shrinks 8%, as it did in fiscal 2021, any rebound because of the end of lockdown coupled with ordinary growth and some pent-u
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Higher retail loans boost bank credit growth: RBI data
Bank credit refers to the amount of credit available to a business or an individual from a banking institution in the form of car loans, personal loan
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CEA Krishnamurthy Subramanian bats for growth over inflation
Krishnamurthy Subramanian's comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by t
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Finance Ministry to infuse Rs 14,500 crore in banks under PCA soon
Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them
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Retail inflation in February at 5.03%; core inflation at 5.88%
Experts think the interest rate cycle might be bottoming out
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IDBI Bank shares zoom nearly 18% after removal from RBI’s PCA framework
RBI had placed IDBI Bank under PCA framework in May 2017, after it had breached the thresholds for capital adequacy, asset quality (net NPAs was over
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Cryptocurrencies: Govt alive, aware about various issues, says DFS secretary
Regulatory bodies like RBI and Sebi do not have any legal framework to directly regulate cryptocurrencies
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RBI to conduct simultaneous purchase and sale of G-Secs next week
The decision was taken after a review of the current liquidity and financial conditions, the RBI said
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Here’s why banks are still laggards in the UPI payments race
As PhonePe, Google Pay and Paytm sprint ahead and conquer 94% of the UPI-led retail digital payment market, India’s leading banks struggle to catch
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Central Bank Digital Currency needs clarity; how different will it be from cryptocurrencies
Experts say CBDC is widely meant to be used as a new payment technology for lowering costs and increasing efficiency
