#MCPersonalFinance: For the second time in a row, the Reserve Bank of India (#RBI) decided not to change its policy repo rate at the quarterly meeting of the monetary policy committee
Here's how the move will impact EMIs 👇
http://bitly.ws/Invg
Here's how the move will impact EMIs 👇
http://bitly.ws/Invg
Moneycontrol
With RBI hitting a pause, what happens to your EMIs?
The central bank holding off on a rate hike will bring some much-needed relief to borrowers by not pushing up their monthly outgo or interest for now.
#RBI has imposed monetary penalties on four credit bureaus citing major rule violations.
Here is an explainer to understand the details of the RBI action🏦👇
https://bit.ly/3NMIEWq
Here is an explainer to understand the details of the RBI action🏦👇
https://bit.ly/3NMIEWq
#MCExclusive: The financial bids of Industrial Development Bank of India (#IDBI) are likely to be invited by December as clearance from #RBI is awaited, a senior government official said
Here's what we know 👇
http://bitly.ws/L2pV
Here's what we know 👇
http://bitly.ws/L2pV
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Digital payments solutions provider Easebuzz doubled its revenue in FY23 as it witnessed an increase in its demand after #RBI's direction to its competitors to pause on-boarding new merchants since December 2022 as well as by tapping on the Business-to-Government (#B2G) segment
Read 👇
http://bitly.ws/Lxxo
Read 👇
http://bitly.ws/Lxxo
#India has recorded the second highest accretion to foreign exchange reserves among major holding countries during 2023, as #RBI has bought bought foreign currency worth $7.37 billion.
Know more 👇
https://bit.ly/3pOvL5d
Know more 👇
https://bit.ly/3pOvL5d
Moneycontrol
RBI Bulletin: Central bank bought foreign currency worth $7.37 billion in May
As per the bulletin, the Indian rupee appreciated by 0.1 percent month on month vis-à-vis the US dollar in June 2023.
Supreme court has rejected the bail of Rana Kapoor in money laundering case saying that the DHFL case caused significant issues for Yes Bank, leading to the intervention of the #RBI.
Know more details👇
https://www.moneycontrol.com/news/trends/legal/sc-refuses-to-hear-rana-kapoors-bail-plea-in-dhfl-money-laundering-case-11096411.html?utm_source=telegram&utm_medium=social
Know more details👇
https://www.moneycontrol.com/news/trends/legal/sc-refuses-to-hear-rana-kapoors-bail-plea-in-dhfl-money-laundering-case-11096411.html?utm_source=telegram&utm_medium=social
Moneycontrol
SC refuses to hear Rana Kapoor's bail plea in DHFL money-laundering case
The court said the DHFL case had put Yes Bank through a lot of trouble, forcing the Reserve Bank of India to intervene, as it asked ED to expedite the trial
RBI's MPC is all set to announce its interest rate decision tomorrow. A status quo outcome from the current policy meeting is almost guaranteed and the central bank is expected to maintain its hawkish tone on inflation for the rest of the year, thanks to soaring tomato prices.
Catch this chat between Nandita Khemka & Latha Venkatesh for more on what to watch out for from RBI Governor Shaktikanta Das' speech at 10 am tomorrow!
Watch 👇
https://www.youtube.com/watch?v=fWKBcZPOC7k
Catch this chat between Nandita Khemka & Latha Venkatesh for more on what to watch out for from RBI Governor Shaktikanta Das' speech at 10 am tomorrow!
Watch 👇
https://www.youtube.com/watch?v=fWKBcZPOC7k
YouTube
Live: RBI Expected To Hold Rates | Surging Tomato Prices To Sour Inflation Forecast? | MPC Meet
RBI's MPC is all set to announce its interest rate decision tomorrow. A status quo outcome from the current policy meeting is almost guaranteed and the central bank is expected to maintain its hawkish tone on inflation for the rest of the year, thanks to…
The #RBI's measure of holding the interest rate would not make interest rates beneficial for you, but you would have more rights as a customer.
Here's how it will benefit or cost you👇
https://www.moneycontrol.com/news/business/personal-finance/rbi-holds-interest-rates-who-wins-who-loses-11146281.html?utm_source=telegram&utm_medium=social
Here's how it will benefit or cost you👇
https://www.moneycontrol.com/news/business/personal-finance/rbi-holds-interest-rates-who-wins-who-loses-11146281.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI holds interest rates: Who wins, who loses
Reset on home loan and other floating rate loans to be made more transparent. This measure would not make interest rates beneficial for you, but you would have more rights as a customer.
#RBI has proposed to increase the #UPI-Lite limit to Rs 500 from Rs 200 and that it may use artificial intelligence in conversational payments on the UPI.
Read on👇
https://www.moneycontrol.com/news/business/upi-lite-and-conversational-payments-all-that-you-should-know-11143671.html?utm_source=telegram&utm_medium=social
Read on👇
https://www.moneycontrol.com/news/business/upi-lite-and-conversational-payments-all-that-you-should-know-11143671.html?utm_source=telegram&utm_medium=social
Moneycontrol
UPI-Lite and Conversational Payments: All that you should know
The Reserve Bank of India (RBI) on August 10 announced that it may consider using AI in conversational payments on UPI.