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The Latest Breaking News from RBI

Business: SBI hikes lending rate by 0.1 pc; EMIs to go up

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Read more on Dynamite News:

Dynamite News

Cryptos and a CBDC are not the same thing

The central bank must note that a Central Bank Digital Currency can only be a fiat currency and not a crypto

The Hindu

Is the Reserve Bank doing enough to rein in inflation?

Nurturing the real economy, not just tweaking the repo rate, is the need of the hour

The Hindu

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Alarm bells: On the need to tame inflation

Inflation must be tamed before it dampens consumption and growth

The Hindu

Belated pivot: On RBI, inflation and sustainable growth

Without curbing inflation, the RBI will not be able to promote sustainable growth

The Hindu

Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

Dynamite News

Govt. to raise ₹15,000 crore through open market borrowings in first quarter

RBI releases indicative calendar of borrowings by States/UTs

The Hindu

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Has India’s central bank avoided tackling high inflation?

As the RBI focuses on managing Indian government’s debt & propping up growth, inflation soars.

Al Jazeera

Indian government helps central bank to circumvent inflation law

India’s finance ministry let RBI escape accountability for missing the inflation target in 2020.

Al Jazeera

India sought probe into ex-RBI gov Rajan for helping ‘white man’

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

Al Jazeera

WMA limit for TS fixed at ₹1,728 cr.

State’s limit was the same previous year also

The Hindu

India on cusp of major economic recovery; talks of stagflation overhyped: Niti Aayog VC Rajiv Kumar

On rising inflation, the Niti Aayog Vice-Chairman Rajiv Kumar says that the RBI is keeping a close watch as per its mandate

The Hindu

ED issues notices to Transcorp

Notices have also been sent to the company’s promoter director, Ashok Kumar Agarwal, and managing director, Gopal Krishan Sharma: ED .

The Hindu

RBI Governor emphasises importance of self-sufficiency in bank note manufacturing

MYSURU

The Hindu

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The Hindu

Home-grown banks making a mark

These institutions, with over 100 years of unique history, have made key contributions to the growth of the State

The Hindu

SEBI refuses to disclose NSE inspection reports under RTI

New Delhi The Securities and Exchange Board of India has refused to disclose under the RTI Act its i

The Hindu

Global uncertainties, India’s growth prospects

Normalisation of the economy has been disturbed and the growth objective would be served by apt fiscal policy moves

The Hindu

Data | India transitions from money purse to digital wallets

The RBI’s newly introduced index shows that digital payments surged in India, especially during the pandemic

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The Hindu

Data | Which items drove up inflation in February 2022?

Retail inflation crossed the RBI’s comfort level (6%) for the second consecutive month while wholesale inflation remained in double digits for the eleventh consecutive month

The Guardian - UK

Burger King owner says operator in Russia refuses to shut shops

Parent company RBI cannot do it directly because of complicated legal contract with main partner

The Hindu

‘State recording lower debt to GSDP ratio’

SEO quotes excerpts from RBI study to illustrate State claims

The Hindu

IIT Madras Incubation Cell inks deal with RBI’s Innovation Hub

They will provide support to and nurture early-stage start-ups

The Hindu

5,292 cyber financial frauds reported in Tamil Nadu in FY2021-22, says RBI data

The total amount involved was ₹17.47 crore

The Hindu

Microfinance lenders should not charge usurious rates of interest, RBI says in revised norms for the sector

Central bank removes ceiling on interest rates, revises upward the amount eligible to be tagged as microfinance loan

The Hindu

Prudent measures result in TS recording lower debt to GSDP ratio

SEO quotes excerpts from RBI study to illustrate the State’s claims

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