RBI Articles

RBI monetary policy
August 7, 2019
RBI monetary policy: Repo rate cut by 35 bps, interest rates to go down for borrowers; 24×7 NEFT service announced

It’s a total of 110 bps cut in repo rates cumulatively since Aug 18, and also currently at a 9-year low, which may force banks to cut lending rates further

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economic survey 2019
July 4, 2019
RBI’s NBFC-Account Aggregator to help individuals pull together their own financial data across providers: Economic Survey

Emphasizing on data in a machine-readable format, the Economic Survey today shed light on interesting applications of data and how it can benefit individuals in their financial life

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SBI interest rates
May 2, 2019
Large savings accounts in SBI to earn 0.25% less; liquid funds are an option, but don’t invest blindly

State Bank of India has linked its loan and deposit rates to the Reserve Bank of India repo rate from May 1, which means any cut in repo rate would immediately get translated into lower interest rates

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Indian currency
April 5, 2019
RBI cuts repo rate by 25 basis points, but retains ‘neutral’ stance

Although the repo rate has been cut, it’s not clear if this will mean lower lending rates as banks are still struggling with deposits. RBI governor has stated it will prod banks

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Lakshmi Iyer, Head, Fixed Income, Kotak AMC
March 26, 2019
Kotak MF’s Lakshmi Iyer says there is relative stability in fixed income markets

In an exclusive interview, Iyer says fixed income markets are stabilising post the credit crisis, which is also aided by easing liquidity in the banking system

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RBI currency swap
March 25, 2019
IDFC MF’s Suyash Choudhary on RBI’s swap deal and impact on fixed income

RBI has announced a new tool for liquidity creation and decided to inject rupee liquidity for 3 years through long-term foreign exchange Buy/Sell swap. What is its impact on bond markets?

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SBI MF logo
March 9, 2019
SBI customers to get instant benefit of RBI’s interest rate changes

SBI has decided to link interest rates on savings bank deposits and short term loans to the repo rate set by the RBI, which will be transmitted immediately

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Tokenisation card transactions
January 10, 2019
What is ‘tokenisation’ of card transactions and what it means for you

RBI has issued guidelines for tokenization which is aimed at masking the actual card details when conducting payment transactions either online or even in physical stores

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external benchmarking for loans
December 12, 2018
What does external benchmark for loans mean, and how it will help you

Even though it indeed improves transparency for the consumers, it may add a volatility component as the yields of market indices vary on a daily basis

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