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mpc: Takeaways from RBI MPC meet: Das & Co suggest there's more than the status quo

The Reserve Bank of India s Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5% for the fourth consecutive time. The central bank also maintained its inflation forecast for the fiscal year at 5.4%. Despite uncertainties in the agriculture sector and volatile global food and energy prices, the MPC remains focused on withdrawing accommodation. The GDP forecast for FY24 is unchanged at 6.5%, with projections of 6.5% for Q2, 6% for Q3, and 5.7% for Q4. The panel also increased the limit for gold loans under the Bullet Repayment scheme. ....

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RBI MPC - RBI to introduce card-on-file tokenisation at bank level, says Das

Das added that this measure will enhance convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce applications. ....

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RBI Unveils New Facility To Empower Debit And Credit Card Users; Here

The RBI has extended the card-on-file tokenisation or token creation facility at the level of the issuer bank. It was earlier available only through merchant applications or websites. This means that customers can now tokenise their cards directly with their banks instead of having to do so through a merchant. This will make the tokenisation process more convenient and secure for customers. - RBI Unveils New Facility To Empower Debit And Credit Card Users; Here s What You Should Know ....

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RBI doubles gold loan limits for urban cooperative banks to Rs 4 lakh

The RBI has doubled the lending limits for gold loans under the bullet repayment scheme for urban cooperative banks (UCBs) to Rs 4 lakh. This decision ....

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RBI to introduce card-on-file tokenisation facility at issuer bank level

RBI to introduce card-on-file tokenisation facility at issuer bank level
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