The RBI has a new concept in Draft: The Bharat Bill Payment System. This is just a GIRO (the concept of a customer initiated transaction) based payment system. ...
RBI has finally moved to helping foreigners buy some more debt, as the debt limit for G-Secs has been rejigged. Foreigners (actually, Foreign Portfolio ...
RBI has draft guidelines out for Payments Banks. Payments Banks: The Concept RBI wants to create a lower-end concept called payment banks, which are restricted ...
With the large duty on Gold imports, and very large gold requirements in an inflationary economy, the issue of “how can we reduce Gold imports” has driven ...
RBI’s Rajan talks about the Financial Sector Legislative Reforms Committee (FSLRC) and specifically, how it works with: Judicial oversight of regulators ...
Tomorrow at 11 AM the RBI will unveil it’s bi-monthly credit policy. My expectation is: No repo or reverse repo rate changes. There’s no point bringing ...
The Government will buy back bonds worth 15,000 cr. next Tuesday (March 18). I have maintained for a while now that the repayment balloon in government bonds ...
RBI’s Raghuram Rajan has described why food inflation continues to haunt our inflation expectations over the last few years. Here’s what he says, distilled ...
This is going to be a long essay. RBI Governor Raghuram Rajan has a brilliant explanation of why Inflation is more important to worry about than short-term ...