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Investors are also waiting to see if the moderation in core inflation and focus on fiscal prudence in the interim budget would enable policymakers to signal a turn in the rate cycle. ....
RBI Governor Shaktikanta Das said while announcing the decisions of the Monetary Policy Committee (MPC) on February 8, 2024, ". to facilitate alternative authentication mechanisms for enhancing the security of digital payments, it is proposed to put in place a principle-based framework for authentication of such transactions." ....
The Key Fact Statement for retail and MSME loans is designed to provide customers with a clear understanding of the actual annualised interest rate and the overall financial commitment associated with the loan. ....
The Reserve Bank of India s Monetary Policy Committee (MPC) has maintained its stance and kept rates unchanged for the sixth consecutive meeting. Despite expectations for a change in policy stance due to easing core inflation and a fiscally prudent interim budget, the MPC opted to continue with the "withdrawal of accommodation" stance. Economists suggest the RBI may be hinting at delinking its stance with liquidity management. Bond yields initially dipped on expectations of a change in stance ....