Tag: December 2021, India, MPC, RBI, Repo Rate, Reverse Repo Rate
RBI keeps rates unchanged
The Reserve Bank of India announced a road map to reduce some of the Rs 9-lakh-crore-plus surplus liquidity which it had infused last year...
Mistakes to avoid when taking a home loan
NBFCs fix interest rates as per prime lending rates whereas banks apply floating rates directly linked to Marginal Cost-of-funds based...
RBI’s Gold Monetisation Scheme
Gold prices have been on a roller coaster ride ever since the pandemic hit the world. Financial experts have always liked gold for its...
RBI Cautions Public Against KYC Frauds
The Reserve Bank of India cautioned the public against frauds being perpetrated on the pretext of updating know-your-customer or KYC...
You can soon use debit cards without any network
Debit cardholders may soon be able to request their bank for a Visa card that allows them to store up to Rs 2,000 in the chip itself,...
RBI may launch e-currency by December
RBI governor Shaktikanta Das reiterated that the central bank may launch a pilot of its digital currency by December 2021. However, the RBI...
Account Aggregator Ecosystem
The Account Aggregators framework in India has been another revolution in the making. It is part of the larger India Stack. Just as it was...
Wind of change
To make the recordkeeping process related to securities traded in the market more secure, Sebi has asked depositories to use distributed...
RBI caps locker liability to 100 times annual rent
The Reserve Bank of India last week came out with revised guidelines for the hiring of lockers under which the liability of banks will be...
RBI holds rates to fuel growth
The RBI on Friday kept key interest rates unchanged and the monetary policy committee vowed to persist with an easy stance as long as...
