Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »SEARCH RESULT
Total Matching Records found : 1105
Has inflation peaked? -Lokeshwarri SK
-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...
More »No proposal to charge UPI payments, says FinMin -Shayan Ghosh
-Livemint.com The Centre put to rest speculation following a recent RBI discussion paper on digital payment charges MUMBAI: The finance ministry on Sunday said the government is not planning to charge for payments through the unified payments interface (UPI) channel, putting to rest speculation following a recent Reserve Bank of India (RBI) discussion paper on digital payment charges. “UPI is a digital public good with immense convenience for the public and productivity gains...
More »As Freebie Debate Rages, What Defines 'Revdi'? Nobody Really Knows. -Kaushal Shroff
-TheWire.in There are no watertight categorisations that clearly demarcate where a subsidy ends and a so-called freebie begins. Amaravati: A maelstrom has been brewing in the political landscape over the precise markers of a subsidy and a freebie. Prime Minister Narendra Modi delivered the first blow last month when he pointed out that other political parties were propagating a “revdi culture” which was dangerous to the youth as well as to the...
More »How about MSP for cattle fodder? -Kodoth Prabhakaran Nair
-Deccan Herald RBI has only been talking about food inflation as it hits the 'human belly'. But what about the 'cow’s belly'? During a recent trip to Hyderabad in Telangana, this author met a very enterprising former NRI, who lived in the USA and has since returned to the motherland and set up a dairy farm to supply the people of the city with fresh cow milk and curd. Of course, the...
More »
