rbi monetary policy

Will RBI’s proposed repository of digital lending apps curb the practice of online frauds?

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Will RBI’s proposed repository of digital lending apps curb the practice of online frauds?

Reserve Bank of India (RBI) Governor Shaktikanta Das announced Thursday that the central bank will create a public repository of digital lending apps (DLAs) deployed by regulated entities, i.e., banks and other financial institutions. This means any digital lending app deployed by a bank or non-banking financial corporation (NBFC) must be part of the repository. … Read more

Week Ahead: RBI Policy, Q1 Results, Israel-Iran conflict, global cues among key market triggers this week

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Week Ahead: RBI Policy, Q1 Results, Israel-Iran conflict, global cues among key market triggers this week

The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will … Read more