India's transaction trends: ePayment riches leave circulation of currency poorerIndia's transition to digital payments is effectively curbing the traditional outflow of currency from its banking system, as evidenced by ...
Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in FebThe growth rate of currency in circulation slowed down to 3.7% for the week ended February 9, compared to 8.2% a year earlier, due to the R...
Why withdrawal of Rs 2,000 notes by RBI is not like 2016 note banThis is nothing like 2016 because, for starters, ₹2,000 notes are still legal tender. They also make up just 10.8% of the notes in circulat...
Currency in circulation up 83% since demonetisation in 2016Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on currency in circulation (CIC)...
Less of cash, with more to go aroundA swifter expansion of digital payments, coupled with a broadening GST base and using data analytics for GST's audit trails, will provide u...
IBM Consulting opens new Client Innovation Centres in Kochi, Coimbatore“India is at the core of our growth strategy and plays an important role in enabling us to deliver greater value to our clients and partner...
Currency in circulation higher in March and April due to festivities, says RBI paperThe paper, titled 'Modelling and Forecasting Currency Demand in India: A Heterodox Approach', has been authored by Janak Raj, Indranil Bhat...
Slowdown in cash demand: Signs of economic revivalFor three consecutive fortnights, RBI data shows that currency with the public, cash withdrawn by the general public from banks and ATMs ha...
Cash in circulation now more than pre-demonetisation levelThe acceleration of CIC since late-2017 has resulted in leakage of liquidity from the banking system.
Patel & Co turns focus on growth push: 5 takeaways from RBI’s money policyAccording to RBI, normal monsoon and smooth rollout of GST gave room for rate cut.
Less currency in system will impact fiscal health: ReportCIC growth slowed sharply over the last month from over Rs 30,000 crore a week.
Ritesh Jain’s what I read last week: The mega CIC puzzle and how easy liquidity is aiding underground economyA key puzzle that has gripped markets and analysts over the last year is why the growth of currency-in-circulation has increased so sharply...
Chennai floats a new platform for ideas - Chennai International CentreIt has been structured as a company to allow it the ease of operations of a private limited company but also has Trust to perpetuate the CI...
Give customers a free copy of credit profile: RBICustomers should be given a free copy of their credit profile as it would help in promoting financial discipline among loan seekers, an RBI...
- JSW group ahead in race for 51% in CIC Energy
SAJJAN Jindal-controlled JSW group has emerged as the front-runner in the talks to buy a controlling stake in Canadian resources company CI...
- Investment & holding cos under RBI net
Holding companies and investment firms of large Indian business houses will for the first time come under the regulator’s glare.
- Govt mulls FDI in credit information cos, commodity bourses
The government proposes to allow Foreign Direct Investment in credit information companies along with commodity exchanges as part of the re...