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Six-member Monetary Policy Committee (MPC)

BE/RBI/3/2017 When the six-member Monetary Policy Committee (MPC) of the Reserve Bank meets on February 7 and 8, their decision on a possible rate cut will be influenced by the budget outcomes more so with due anxiety placed on the impact of demonetisation on growth and a gentle inflation outlook despite rising fuel prices. Many

Six-member Monetary Policy Committee (MPC)

BE/RBI/3/2017 When the six-member Monetary Policy Committee (MPC) of the Reserve Bank meets on February 7 and 8, their decision on a possible rate cut will be influenced by the budget outcomes more so with due anxiety placed on the impact of demonetisation on growth and a gentle inflation outlook despite rising fuel prices. Many

Issues with e-wallets.

Customers, who regularly use the services of Uber or shopping sites, find it necessary to use multiple wallets.  This is due to the reason, that some merchants are supported only by a specific application. Things are further complicated, since transfer of money from one wallet to another cannot be done easily -or in other words

Issues with e-wallets.

Customers, who regularly use the services of Uber or shopping sites, find it necessary to use multiple wallets.  This is due to the reason, that some merchants are supported only by a specific application. Things are further complicated, since transfer of money from one wallet to another cannot be done easily -or in other words

GUIDELINES ON INTEREST RATE RISK MANAGEMENT

INTEREST RATE RISK What is Interest Rate Risk? It is the risk which alters the risk, in the interest rates and thus results in reduction of market value of a bond or other securities.  Also, it can be referred to be a part of Market rate risk.  Here the risk factor increases, as the period

GUIDELINES ON INTEREST RATE RISK MANAGEMENT

INTEREST RATE RISK What is Interest Rate Risk? It is the risk which alters the risk, in the interest rates and thus results in reduction of market value of a bond or other securities.  Also, it can be referred to be a part of Market rate risk.  Here the risk factor increases, as the period

HURDLES FOR DIGITAL PAYMENTS

In view of the recent Government initiatives, more people opt for digital transactions in our country, for transfer of funds, and other operations, however, the same is still causing issues at various levels.  Recently it was reported that ICICI Bank is blocking transactions through PhonePe, which is an app developed on UNITED PAYMENT INTERFACE (UPI). 

HURDLES FOR DIGITAL PAYMENTS

In view of the recent Government initiatives, more people opt for digital transactions in our country, for transfer of funds, and other operations, however, the same is still causing issues at various levels.  Recently it was reported that ICICI Bank is blocking transactions through PhonePe, which is an app developed on UNITED PAYMENT INTERFACE (UPI). 

INDIA POSTS – PAYMENT BANK

Payment bank license has been issued to India Posts, by RBI which permits them to roll out commercial operations, under the permit. This is the third entity to receive official communication from RBI for setting up the Payment Bank, the previous two being Bharti Airtel and Paytm. What are the services available through this Bank?

INDIA POSTS – PAYMENT BANK

Payment bank license has been issued to India Posts, by RBI which permits them to roll out commercial operations, under the permit. This is the third entity to receive official communication from RBI for setting up the Payment Bank, the previous two being Bharti Airtel and Paytm. What are the services available through this Bank?