by AIP Online Bureau | Oct 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Shaktikant Das,Governor,Reserve Bank of India Annual retail inflation remained below the central bank’s target of 4% for a second consecutive month, clocking in at 3.65% in August but higher than the revised 3.60% in July and economists’ forecast of 3.5%...
by AIP Online Bureau | Sep 28, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
Alternative investments and substantial cash holdings in the unorganised sector slowed deposit accumulation, particularly in rural areas, RBI said New Delhi: Banks struggled to mobilise large deposits to meet the increasing credit demand in the last two financial...
by AIP Online Bureau | Sep 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision,” Reserve Bank of India (RBI) Governor Shaktikanta Das...
by AIP Online Bureau | Aug 29, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
Shaktikanta Das,Governor,RBI RBI Governor Shaktikanta Das said to build a financial system that serves the broader society, it was essential to give priority to digital financial inclusion. While significant strides have been made in expanding financial inclusion, the...
by AIP Online Bureau | Aug 24, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The report added that for now, however, the decline in real HH income, which accounts for 78 percent of GDP, suggests that any recovery will be gradual at best. This will likely continue to weigh on real GDP growth and present challenges for the banking sector New...
