As recklessness mounts among investors, the government must pass the cryptocurrency legislation on a priority basis.
While RBI has to maintain the recovery in the economy, inflation itself could dampen demand and impact the growth process.
Gilt funds are believed to bear little to no credit risk because the government issues the underlying securities.
Even while keeping interest rates low, it may have a re-look at liquidity level in the system
The RBI is expected to keep rates on hold and maintain its accommodative approach, according to a Morgan Stanley recent study.
In the last financial year there were 2,233 cr UPI transactions worth Rs 41 lakh cr. The democratisation of credit will be the next big thing.
The earlier deadline to integrate was April 1, but now it’s October 1
RBI's latest rule to be implemented from October 1 will impact the debit part of ECS and is limited to debit card and credit card transactions.
All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
Around 50-60% of recurring transactions may fail as automatic clearance has come to an end.