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RBI DATA CONFUSION
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.- International funds top return charts, but overseas investment limits persist. Should you continue SIPs or explore alternatives?International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due ...
- Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
- RBI may soon make you wait an hour before your UPI transfers goes throughThe Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large trans...
- RBI data mix up sparks bond sell-off as yields rise 4 bpsA rare data misstep involving the central bank triggered an unexpected bond selloff as the rupee weakened. Premature figures signalled heav...
- Growth boost or caution flag? RBI sends conflicting signals with surprise movesReserve Bank of India is giving mixed signals on monetary policy. Governor Sanjay Malhotra is trying to boost economic growth. Recent rate ...
- Banks complain e-crooks using their names to dupe customersBanks raise alarms over fraudulent entities impersonating them in text messages to dupe customers. They seek intervention from the finance ...
- RBI parachute gives falling rupee a glide path to avoid 84/$ breachThe Reserve Bank of India has been actively intervening in the currency market to prevent the rupee from breaching the 84 per dollar mark. ...
- Regulators may have to ping data board on privacy mattersThis, an official said, would be done to avoid any confusion and variance in regulations regarding rules on personal data of citizens.
- View: Things government can do to complement RBI's data storage ruleIf GoI deems personal payments data as not ‘critical’, RBI’s stand on full data localisation will be severely hit.
- ICICI Bank tries to add more merchants to its e-platformsIt plans to double the number of merchants using its point-ofsale machines and the Eazypay mobile application to 5 lakh in the next few mon...
- Happy days ahead! Cash crunch may ease by Feb-end, says SBI report67% of the demonetised notes are likely to get replaced by month-end, while 80-89% of notes will be replaced by February-end, the report sa...
- RBI ends confusion over currency stockAn RBI spokesperson said the total figure includes currency in its chests that have not been circulated to the public besides cash in circu...
- Nothing abnormal about discrepancy between total currency & amount revealed: RBIA spokesperson for the regulator explained that the total figure also includes the currency with its chests which have not been circulated ...
- RBI seems to have discounted economic shock if Opec hammers out an agreementCentral bankers are struggling to live up to expectations. They are undercutting their positions by introducing unnecessary confusion into ...
- When getting a credit score is not enough for borrowersDifference in methodology sometimes leads to major confusion, leaving borrowers puzzled as the same individual can be given different credi...
- What changed for the market while you were sleepingThe market has clearly entered an uncertain territory ahead of key events like RBI credit policy.
- Next rate cut by RBI may be post Budget 2015: Sajjid Z Chinoy, JP Morgan'If there are downside surprises, that opens up more space for the RBI. If there are upside surprises in the new CPI index, that will const...
- RBI Governor sending confusing signals to markets: Mythili Bhusnurmath"The market clearly knew better than all of us -- as we have guessed -- that the repo rate would be kept unchanged. That is why the markets...
- RBI may go for another rate hikeBankers are betting that rates will go up despite the fact that the impact of the previous rate hikes is yet to be felt.
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