Reserve bank of india

RBI to allow offline payments through cards on pilot basis https://www.livemint.com/industry/banking/rbi-to-allow-offline-payments-through-cards-on-pilot-basis-11596710276117.html

The maxim that weak bank stocks are cheap and longterm investors should buy them may not hold true for some state-owned banks, going by the test results.

Its been 88 years since India’s central bank, the Reserve Bank of India (RBI) was set up. On April 1, 1935, RBI was founded on the basis of the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission.

Bankers are pushing RBI to allow them to change interest rates and repayment periods in bad loan resolution schemes such as SDR and S4A to implement them more effectively

Introduction to VRRR How VRRR Works Impact of VRRR on Financial Markets1. Money Market Impact 2. Bond Market Influence 3. Banking Sector Effects Numerical Example Demonstrating VRRR Effects Conclusion Introduction to VRRR The Variable Reverse Repo Rate (VRRR) is a significant monetary policy instrument used by the Reserve Bank of India (RBI) to effectively manage liquidity and influence short-term interest rates in

The public sector banks’ bad assets have been zooming for quite some time and the growing incidents of fraud added to their woes

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The Reserve Bank of India should focus on output at least as much as it does on inflation, but this sits uncomfortably with the mandate of inflation targeting proposed in the draft Indian Financial Code