The CPI inflation rate for September reaches 5.49 per cent from 3.65 per cent in August, reflecting an uptick primarily due to higher food prices
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Das expresses concern that these markets could be vulnerable, especially in times of economic stress or market corrections
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The apex bank has asked the scheduled commercial banks to review and modify their payment systems to ensure easier accessibility to persons with disabilities.
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Micro and Small Enterprises (MSEs) to benefit as RBI moves to eliminate prepayment penalties on floating rate loans
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This cautious stance comes amid global economic uncertainties and inflationary concerns
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New regulations aim to ringfence core banking operations, Set limits on equity investments and group entity overlap
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As and when a rate cut is anticipated soon, which, when implemented, will benefit both homebuyers and real estate developers to capitalize on the market and strengthen overall economic growth
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Das also highlighted a shift in the RBI's monetary policy stance, moving to a neutral approach
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The report suggests that while a rate cut is likely on the horizon in the coming months, the RBI will carefully consider several global and domestic factors before making any decisions
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Despite these inflationary pressures, the RBI has opted for a status quo on the repo rate, primarily to support economic recovery post-pandemic
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