In the monetary policy statement on 8 August, RBI governor Shaktikanta Das touched upon the deposit challenge for the second time in less than three weeks. He said alternative investment avenues were…
Tag: Shaktikanta Das
Will RBI’s proposed repository of lending apps curb online frauds?
Reserve Bank of India (RBI) Governor Shaktikanta Das announced Thursday that the central bank will create a public repository of digital lending apps (DLAs) deployed by regulated entities, i.e., banks and other…
How Shaktikanta Das is fixing the problem of wayward bank interest rates
Latest RBI data showed 58% of all floating rate loans were pegged to such external benchmark rates by the end of FY24, aiding transmission for millions of retail and small business borrowers….
Food prices to soften from July-end on expectations of better crops: Khare
New Delhi: Food prices which have been skyrocketing for over a year will ease after July as farm output is expected to be good amid normal monsoon, consumer affairs secretary Nidhi Khare…