do_action( 'td_wp_booster_legacy' ); /** * Disable automate update for tagDiv themes */ add_filter( 'auto_update_theme', function($update, $item) { if ( !empty($item) && is_object( $item) && !empty($item->theme) && ( 'Newspaper' === $item->theme || 'Newsmag' === $item->theme)) { return false; } return $update; }, 999, 2); /** * Admin notices */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-admin-notices.php' ); /** * The global state of the theme. All globals are here */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-global.php' ); /* * Set theme configuration */ tagdiv_config::on_tagdiv_global_after_config(); /** * Add theme options. */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-options.php' ); /** * Add theme utility. */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-util.php' ); /** * Add theme http request ability. */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-log.php' ); /** * Add theme http request ability. */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/tagdiv-remote-http.php' ); /** * ---------------------------------------------------------------------------- * Redirect to Welcome page on theme activation */ if( !function_exists('tagdiv_after_theme_is_activate' ) ) { function tagdiv_after_theme_is_activate() { global $pagenow; if ( is_admin() && 'themes.php' == $pagenow && isset( $_GET['activated'] ) ) { wp_redirect( admin_url( 'admin.php?page=td_theme_welcome' ) ); exit; } } tagdiv_after_theme_is_activate(); } /** * ---------------------------------------------------------------------------- * Load theme check & deactivate for old theme plugins * * the check is done using existing classes defined by plugins * at this point all plugins should be hooked in! */ require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/plugins/class-tagdiv-old-plugins-deactivation.php' ); require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/plugins/class-tagdiv-current-plugins-deactivation.php' ); /** * ---------------------------------------------------------------------------- * Theme Resources */ /** * Enqueue front styles. */ function tagdiv_theme_css() { if ( TD_DEBUG_USE_LESS ) { wp_enqueue_style( 'td-theme', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=style.css_v2', '', TD_THEME_VERSION, 'all' ); // bbPress style if ( class_exists( 'bbPress', false ) ) { wp_enqueue_style( 'td-theme-bbpress', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=bbpress', array(), wp_get_theme()->get( 'Version' ) ); } // WooCommerce style if( TD_THEME_NAME == 'Newsmag' || ( TD_THEME_NAME == 'Newspaper' && !defined( 'TD_WOO' ) ) ) { if ( class_exists( 'WooCommerce', false ) ) { wp_enqueue_style( 'td-theme-woo', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=woocommerce', array(), wp_get_theme()->get( 'Version' ) ); } } // Buddypress if ( class_exists( 'Buddypress', false ) ) { wp_enqueue_style( 'td-theme-buddypress', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=buddypress', array(), wp_get_theme()->get( 'Version' ) ); } } else { wp_enqueue_style( 'td-theme', get_stylesheet_uri(), array(), wp_get_theme()->get( 'Version' ) ); // bbPress style if ( class_exists( 'bbPress', false ) ) { wp_enqueue_style( 'td-theme-bbpress', TAGDIV_ROOT . '/style-bbpress.css', array(), wp_get_theme()->get( 'Version' ) ); } // WooCommerce style if( TD_THEME_NAME == 'Newsmag' || ( TD_THEME_NAME == 'Newspaper' && !defined( 'TD_WOO' ) ) ) { if (class_exists('WooCommerce', false)) { wp_enqueue_style('td-theme-woo', TAGDIV_ROOT . '/style-woocommerce.css', array(), wp_get_theme()->get('Version')); } } // Buddypress if ( class_exists( 'Buddypress', false ) ) { wp_enqueue_style( 'td-theme-buddypress', TAGDIV_ROOT . '/style-buddypress.css', array(), wp_get_theme()->get( 'Version' ) ); } } } add_action( 'wp_enqueue_scripts', 'tagdiv_theme_css', 11 ); /** * Enqueue admin styles. */ function tagdiv_theme_admin_css() { if ( TD_DEPLOY_MODE == 'dev' ) { wp_enqueue_style('td-theme-admin', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=wp-admin.css', false, TD_THEME_VERSION, 'all' ); if ('Newspaper' == TD_THEME_NAME) { wp_enqueue_style( 'font-newspaper', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=font-newspaper', false, TD_THEME_VERSION, 'all' ); } } else { wp_enqueue_style('td-theme-admin', TAGDIV_ROOT . '/includes/wp-booster/wp-admin/css/wp-admin.css', false, TD_THEME_VERSION, 'all' ); if ('Newspaper' == TD_THEME_NAME) { wp_enqueue_style('font-newspaper', TAGDIV_ROOT . '/font-newspaper.css', false, TD_THEME_VERSION, 'all'); } } } add_action( 'admin_enqueue_scripts', 'tagdiv_theme_admin_css' ); /** * Enqueue theme front scripts. */ if( !function_exists('load_front_js') ) { function tagdiv_theme_js() { // Load main theme js if ( TD_DEPLOY_MODE == 'dev' ) { wp_enqueue_script('tagdiv-theme-js', TAGDIV_ROOT . '/includes/js/tagdiv-theme.js', array('jquery'), TD_THEME_VERSION, true); } else { wp_enqueue_script('tagdiv-theme-js', TAGDIV_ROOT . '/includes/js/tagdiv-theme.min.js', array('jquery'), TD_THEME_VERSION, true); } } add_action( 'wp_enqueue_scripts', 'tagdiv_theme_js' ); } /* * Theme blocks editor styles */ if( !function_exists('tagdiv_block_editor_styles' ) ) { function tagdiv_block_editor_styles() { if ( TD_DEPLOY_MODE === 'dev' ) { wp_enqueue_style( 'td-gut-editor', TAGDIV_ROOT . '/tagdiv-less-style.css.php?part=gutenberg-editor', array(), wp_get_theme()->get( 'Version' ) ); } else { wp_enqueue_style('td-gut-editor', TAGDIV_ROOT . '/gutenberg-editor.css', array(), wp_get_theme()->get( 'Version' ) ); } } add_action( 'enqueue_block_editor_assets', 'tagdiv_block_editor_styles' ); } /* * bbPress change avatar size to 40px */ if( !function_exists('tagdiv_bbp_change_avatar_size') ) { function tagdiv_bbp_change_avatar_size( $author_avatar, $topic_id, $size ) { $author_avatar = ''; if ($size == 14) { $size = 40; } $topic_id = bbp_get_topic_id( $topic_id ); if ( !empty( $topic_id ) ) { if ( !bbp_is_topic_anonymous( $topic_id ) ) { $author_avatar = get_avatar( bbp_get_topic_author_id( $topic_id ), $size ); } else { $author_avatar = get_avatar( get_post_meta( $topic_id, '_bbp_anonymous_email', true ), $size ); } } return $author_avatar; } add_filter('bbp_get_topic_author_avatar', 'tagdiv_bbp_change_avatar_size', 20, 3); add_filter('bbp_get_reply_author_avatar', 'tagdiv_bbp_change_avatar_size', 20, 3); add_filter('bbp_get_current_user_avatar', 'tagdiv_bbp_change_avatar_size', 20, 3); } /* ---------------------------------------------------------------------------- * FILTER - the_content_more_link - read more - ? */ if ( ! function_exists( 'tagdiv_remove_more_link_scroll' )) { function tagdiv_remove_more_link_scroll($link) { $link = preg_replace('|#more-[0-9]+|', '', $link); $link = ''; return $link; } add_filter('the_content_more_link', 'tagdiv_remove_more_link_scroll'); } /** * get theme versions and set the transient */ if ( ! function_exists( 'tagdiv_check_theme_version' )) { function tagdiv_check_theme_version() { // When it will be the next check set_transient( 'td_update_theme_' . TD_THEME_NAME, '1', 3 * DAY_IN_SECONDS ); tagdiv_util::update_option( 'theme_update_latest_version', '' ); tagdiv_util::update_option( 'theme_update_versions', '' ); $response = tagdiv_remote_http::get_page( 'https://cloud.tagdiv.com/wp-json/wp/v2/media?search=.zip' ); if ( false !== $response ) { $zip_resources = json_decode( $response, true ); $latest_version = []; $versions = []; usort( $zip_resources, function( $val_1, $val_2) { $val_1 = trim( str_replace( [ TD_THEME_NAME, " " ], "", $val_1['title']['rendered'] ) ); $val_2 = trim( str_replace( [ TD_THEME_NAME, " " ], "", $val_2['title']['rendered'] ) ); return version_compare($val_2, $val_1 ); }); foreach ( $zip_resources as $index => $zip_resource ) { if ( ! empty( $zip_resource['title']['rendered'] ) && ! empty( $zip_resource['source_url'] ) && false !== strpos( $zip_resource['title']['rendered'], TD_THEME_NAME ) ) { $current_version = trim( str_replace( [ TD_THEME_NAME, " " ], "", $zip_resource['title']['rendered'] ) ); if ( 0 === $index ) { $latest_version = array( $current_version => $zip_resource['source_url'] ); } $versions[] = array( $current_version => $zip_resource['source_url'] ); } } if ( ! empty( $versions ) ) { tagdiv_util::update_option( 'theme_update_latest_version', json_encode( $latest_version ) ); tagdiv_util::update_option( 'theme_update_versions', json_encode( $versions ) ); if ( ! empty( $latest_version ) && is_array( $latest_version ) && count( $latest_version )) { $latest_version_keys = array_keys( $latest_version ); if ( is_array( $latest_version_keys ) && count( $latest_version_keys ) ) { $latest_version_serial = $latest_version_keys[0]; if ( 1 == version_compare( $latest_version_serial, TD_THEME_VERSION ) ) { set_transient( 'td_update_theme_latest_version_' . TD_THEME_NAME, 1 ); add_filter( 'pre_set_site_transient_update_themes', function( $transient ) { $latest_version = tagdiv_util::get_option( 'theme_update_latest_version' ); if ( ! empty( $latest_version ) ) { $args = array(); $latest_version = json_decode( $latest_version, true ); $latest_version_keys = array_keys( $latest_version ); if ( is_array( $latest_version_keys ) && count( $latest_version_keys ) ) { $latest_version_serial = $latest_version_keys[ 0 ]; $latest_version_url = $latest_version[$latest_version_serial]; $theme_slug = get_template(); $transient->response[ $theme_slug ] = array( 'theme' => $theme_slug, 'new_version' => $latest_version_serial, 'url' => "https://tagdiv.com/" . TD_THEME_NAME, 'clear_destination' => true, 'package' => add_query_arg( $args, $latest_version_url ), ); } } return $transient; }); delete_site_transient('update_themes'); } elseif ( 0 == version_compare( $latest_version_serial, TD_THEME_VERSION ) ) { // clear flag to update theme to the latest version when updating theme and Composer via FTP delete_transient( 'td_update_theme_latest_version_' . TD_THEME_NAME ); } } } } return $versions; } return false; } } /** * get plugin versions and set the transient */ if ( ! function_exists( 'tagdiv_check_plugin_subscription_version' )) { function tagdiv_check_plugin_subscription_version() { if ( is_plugin_active('td-subscription/td-subscription.php') && defined('TD_SUBSCRIPTION_VERSION')) { // When it will be the next check set_transient( 'td_update_plugin_subscription', '1', 3 * DAY_IN_SECONDS ); tagdiv_util::update_option( 'plugin_subscription_update_latest_version', '' ); $response = tagdiv_remote_http::get_page( 'https://cloud.tagdiv.com/wp-json/wp/v2/media?search=.zip' ); if ( false !== $response ) { $zip_resources = json_decode( $response, true ); $latest_version = []; $versions = []; usort( $zip_resources, function ( $val_1, $val_2 ) { $val_1 = trim( str_replace( [ "TD_SUBSCRIPTION", " " ], "", $val_1[ 'title' ][ 'rendered' ] ) ); $val_2 = trim( str_replace( [ "TD_SUBSCRIPTION", " " ], "", $val_2[ 'title' ][ 'rendered' ] ) ); return version_compare( $val_2, $val_1 ); } ); foreach ( $zip_resources as $index => $zip_resource ) { if ( ! empty( $zip_resource[ 'title' ][ 'rendered' ] ) && ! empty( $zip_resource[ 'source_url' ] ) && false !== strpos( $zip_resource[ 'title' ][ 'rendered' ], "TD_SUBSCRIPTION" ) ) { $current_version = trim( str_replace( [ "TD_SUBSCRIPTION", " " ], "", $zip_resource[ 'title' ][ 'rendered' ] ) ); if ( 0 === $index ) { $latest_version = array( $current_version => $zip_resource[ 'source_url' ] ); } $versions[] = array( $current_version => $zip_resource[ 'source_url' ] ); } } if ( ! empty( $versions ) ) { tagdiv_util::update_option( 'plugin_subscription_update_latest_version', json_encode( $latest_version ) ); if ( ! empty( $latest_version ) && is_array( $latest_version ) && count( $latest_version ) ) { $latest_version_keys = array_keys( $latest_version ); if ( is_array( $latest_version_keys ) && count( $latest_version_keys ) ) { $latest_version_serial = $latest_version_keys[ 0 ]; if ( 1 == version_compare( $latest_version_serial, TD_SUBSCRIPTION_VERSION ) ) { set_transient( 'td_update_plugin_subscription_latest_version', 1 ); add_filter( 'pre_set_site_transient_update_plugins', function ( $transient ) { $latest_version = tagdiv_util::get_option( 'plugin_subscription_update_latest_version' ); if ( ! empty( $latest_version ) ) { $args = array(); $latest_version = json_decode( $latest_version, true ); $latest_version_keys = array_keys( $latest_version ); if ( is_array( $latest_version_keys ) && count( $latest_version_keys ) ) { $latest_version_serial = $latest_version_keys[ 0 ]; $latest_version_url = $latest_version[ $latest_version_serial ]; $plugin_id = 'td-subscription/td-subscription.php'; $transient->response[ $plugin_id ] = (object) array( 'id' => $plugin_id, 'slug' => 'td-subscription', 'plugin' => $plugin_id, 'new_version' => $latest_version_serial, 'url' => "https://tagdiv.com/td_subscription", 'package' => add_query_arg( $args, $latest_version_url ), ); } } return $transient; } ); delete_site_transient( 'update_plugins' ); } elseif ( 0 == version_compare( $latest_version_serial, TD_SUBSCRIPTION_VERSION ) ) { // clear flag to update theme to the latest version when updating theme and Composer via FTP delete_transient( 'td_update_plugin_subscription_latest_version' ); } } } } return $versions; } } return false; } } /* ---------------------------------------------------------------------------- * Admin */ if ( is_admin() ) { /** * Theme plugins. */ require_once TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/plugins/class-tgm-plugin-activation.php'; add_action('tgmpa_register', 'tagdiv_required_plugins'); if( !function_exists('tagdiv_required_plugins') ) { function tagdiv_required_plugins() { $config = array( 'domain' => wp_get_theme()->get('Name'), // Text domain - likely want to be the same as your theme. 'default_path' => '', // Default absolute path to pre-packaged plugins //'parent_menu_slug' => 'themes.php', // DEPRECATED from v2.4.0 - Default parent menu slug //'parent_url_slug' => 'themes.php', // DEPRECATED from v2.4.0 - Default parent URL slug 'parent_slug' => 'themes.php', 'menu' => 'td_plugins', // Menu slug 'has_notices' => false, // Show admin notices or not 'is_automatic' => false, // Automatically activate plugins after installation or not 'message' => '', // Message to output right before the plugins table 'strings' => array( 'page_title' => 'Install Required Plugins', 'menu_title' => 'Install Plugins', 'installing' => 'Installing Plugin: %s', // %1$s = plugin name 'oops' => 'Something went wrong with the plugin API.', 'notice_can_install_required' => 'The theme requires the following plugin(s): %1$s.', 'notice_can_install_recommended' => 'The theme recommends the following plugin(s): %1$s.', 'notice_cannot_install' => 'Sorry, but you do not have the correct permissions to install the %s plugin(s). Contact the administrator of this site for help on getting the plugin installed.', 'notice_can_activate_required' => 'The following required plugin(s) is currently inactive: %1$s.', 'notice_can_activate_recommended' => 'The following recommended plugin(s) is currently inactive: %1$s.', 'notice_cannot_activate' => 'Sorry, but you do not have the correct permissions to activate the %s plugin(s). Contact the administrator of this site for help on getting the plugin activated.', 'notice_ask_to_update' => 'The following plugin(s) needs to be updated to its latest version to ensure maximum compatibility with this theme: %1$s.', 'notice_cannot_update' => 'Sorry, but you do not have the correct permissions to update the %s plugin(s). Contact the administrator of this site for help on getting the plugin updated.', 'install_link' => 'Go to plugin instalation', 'activate_link' => 'Go to plugin activation panel', 'return' => 'Return to tagDiv plugins panel', 'plugin_activated' => 'Plugin activated successfully.', 'complete' => 'All plugins installed and activated successfully. %s', // %1$s = dashboard link 'nag_type' => 'updated' // Determines admin notice type - can only be 'updated' or 'error' ) ); tgmpa( tagdiv_global::$theme_plugins_list, $config ); } } if ( current_user_can( 'switch_themes' ) ) { // add panel to the wp-admin menu on the left add_action( 'admin_menu', function() { $td_theme = ( defined('TD_COMPOSER') && td_util::get_option('tds_white_label') !== '' ) ? td_util::get_wl_val('tds_wl_theme_name', TD_THEME_NAME) : TD_THEME_NAME; /* wp doc: add_menu_page( $page_title, $menu_title, $capability, $menu_slug, $function, $icon_url, $position ); */ add_menu_page('Theme panel', $td_theme, "edit_posts", "td_theme_welcome", function (){ require_once TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/tagdiv-view-welcome.php'; }, null, 3); if ( current_user_can( 'activate_plugins' ) ) { add_submenu_page("td_theme_welcome", 'Plugins', 'Plugins', 'edit_posts', 'td_theme_plugins', function (){ require_once TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/tagdiv-view-theme-plugins.php'; } ); } $is_white_label = defined('TD_COMPOSER') ? td_util::get_option('tds_white_label') : 'no'; if ('enabled' !== $is_white_label) { add_submenu_page("td_theme_welcome", 'Support', 'Support', 'edit_posts', 'td_theme_support', function () { require_once TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/tagdiv-view-support.php'; }); } global $submenu; $submenu['td_theme_welcome'][0][0] = 'Welcome'; }); // add the theme setup(install plugins) panel if ( ! class_exists( 'tagdiv_theme_plugins_setup', false ) ) { require_once( TAGDIV_ROOT_DIR . '/includes/wp-booster/wp-admin/plugins/class-tagdiv-theme-plugins-setup.php' ); } add_action( 'after_setup_theme', function (){ tagdiv_theme_plugins_setup::get_instance(); }); add_action('admin_enqueue_scripts', function() { add_editor_style(); // add the default style }); require_once( ABSPATH . 'wp-admin/includes/file.php' ); WP_Filesystem(); } } RBI Governor MPC Press Conference August 2023 updates – Modern Business Times
Home News RBI Governor MPC Press Conference August 2023 updates

RBI Governor MPC Press Conference August 2023 updates

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RBI Governor MPC Press Conference August 2023 updates

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ere are updates related to post Monetary Policy Press Conference by RBI Governor Shaktikanta Das and the memebers of the Monetary Policy Committee.

ALL UPDATES

  • August 10, 2023 13:27

    RBI Monetary Policy Live Updates: Girish Kousgi, MD and CEO at PNB Housing Finance on RBI MPC announcements

    “RBI’s decision to keep the repo rates unchanged at 6.5% for the third time in a row, is positive news for the real estate industry. The home buyer sentiment has been strong thus far in 2023, and the stability in rates will help keep up this momentum. Factors like attractive government incentives, increased urbanization, rising disposable income and post-pandemic pent-up demand have resulted in a rise in the appetite for housing units in India.

    Looking ahead, the housing finance industry will benefit from this buoyancy and continue to capitalize on this opportunity by offering a variety of home loan products at competitive rates to potential homebuyers.

  • August 10, 2023 13:00

    RBI Monetary Policy Live updates: Rajani Sinha, Chief Economist, CareEdge Ratings on RBI MPC announcement

    “RBI’s decision to maintain the status quo on the policy rate was on the expected lines. However, it sounded more cautious than the last two meetings, with a significant upward revision in the inflation numbers for the upcoming quarters. With the steep upward revision in the inflation projections, the expectation of a rate cut is pushed further to the next fiscal. Additionally, the announcement of a temporary provision of incremental CRR will help remove the build-up of excess liquidity in the system”

  • August 10, 2023 12:59

    RBI Monetary Policy Live updates: Madhavi Arora, Lead Economist, Emkay Global Financial Services on RBI MPC announcement.

    Quick impact of Incremental CRR

    The immediate impact of RBI absorbing liquidity via ICRR will be mild hardening of money market rates for borrowers including NBFCs/corporates, while for banks as well there will be slight impact on their NIMs (3-4 bps) depending on the instruments where they were parking the money (assuming 14.5% effective CRR).

    That said, some banks (PSBs specifically) benefitted more than others from the liquidity glut due to Rs2K notes withdrawal, while others toiled to get deposits by increasing rates.

    However, all the banks will have to maintain ICRR and thus could be construed as unfair to some banks who did not benefit much from the Rs 2000 notes withdrawal (mainly PVBs).

  • August 10, 2023 12:48

    RBI Monetary Policy Live updates: Guidelines on Penal charges on loans to be issued shortly, says Dy Governor M Rajeshwar Rao

  • August 10, 2023 12:46

    RBI’s Assumption on oil basket has not changed since June, says RBI Dy Governor Michael Patra.

  • August 10, 2023 12:45

    RBI Monetary Policy Live updates: Banks right to recover written off loans has not diminished in any manner, says Swaminathan

    Banks right to recover written off loans has not diminished in any manner, says Dy Guv Swaminathan. Would like to see better recoveries from banks, he added. He further said that writeoffs should be seen in the context of age of NPAs.

  • August 10, 2023 12:41

    RBI Monetary Policy Live updates: If food inflation gets generalised, we will have to act, says Das

    If food inflation gets generalised, we will have to act, says RBI Governor Shaktikanta Das. By and large transmission within this TOP (tomato, onion and potatoes) group tends to get generalised, he added.

  • August 10, 2023 12:40

    RBI Monetary Policy Live updates: El Nino not as dangerous for us as South America, will continue to remain watchful, says Dy Governor Patra

    El Nino not as dangerous for us as South America, will continue to remain watchful, says RBI Dy Governor Patra. Rice growing regions of North and East India have not received enough rainfall but that is correcting now, he added.

  • August 10, 2023 12:37

    RBI Monetary Policy Live updates: We have various liquidity options, ICRR best at this juncture, says Das

    RBI Monetary Policy Live updates: We have various liquidity options, ICRR best at this juncture, says RBI Governor Shaktikanta Das. Currency in circulation usually picks up ahead of festival season, he added.

    He further said that we will ensure there is enough liquidity in the system for banks to continue lending.

  • August 10, 2023 12:35

    RBI Monetary Policy Live updates: We are seeing signs of revival in rural economy, says Dy Governor Patra

    We are seeing signs of revival in rural economy, says RBI Dy Governor Michael Patra. According to FMCG companies rural sales are improving

  • August 10, 2023 12:31

    RBI Monetary Policy Live updates: We are not unduly concerned about the balances in vostro accounts, says Das

    We are not unduly concerned about the balances in vostro accounts, says RBI Governor Shaktikanta Das. What is held in the Vostro accounts is part of the banking system, he added.

    He further said that we are not unduly concerned about outflows from the vostro accounts. With $600 bn reserves, we are far better placed to deal with any situation.

  • August 10, 2023 12:30

    RBI Monetary Policy Live updates: Sep 8 review of incremental CRR to be internal RBI review, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:26

    RBI Monetary Policy Live updates: Response to 14-day VRRR could have been better. There is no proposal to do VRRR on a daily basis, says RBI Governor Shaktikanta Das.

  • August 10, 2023 12:26

    RBI Monetary Policy Live updates: Will release credit loss guidelines for banks in a short time, says Dy Guv Swaminathan

  • August 10, 2023 12:25

    RBI Monetary Policy Live updates: 4.3% is a comfortable level for inflation

    4.3% is a comfortable level for inflation. There have been shocks which were unanticipated. May CPI was aligned with inflation target, says Dy Guv Patra

  • August 10, 2023 12:23

    RBI Policy live update: Central Bank’s update on ICRR

    • Liquidity amounting to a little above Rs 1 lakh crore crore will get impounded due to incremental cash reserve ratio
    • ICRR applicable to all scheduled banks
    • Review of ICRR will depend on GST payments and credit offtake
    • we are always nimble in our liquidity actions

  • August 10, 2023 12:18

    RBI Policy live update: Banks have to take into account the age factor, payment capacity when deciding tenor of loans, says Shaktikanta Das

  • August 10, 2023 12:16

    RBI Monetary Policy Live updates: UPI has become internationally recognised widely as efficient and payment system, says Das

    UPI has become internationally recognised widely as efficient and payment system, RBI Governor Shaktikanta Das.

    Discussions underway with a few other countries, including some advanced countries, to link UPI with their system, he added.

  • August 10, 2023 12:16

    RBI Monetary Policy Live updates: On UPI linkage with other countries payment systems, RBI Governor Shaktikanta Das said that we have already done with Singapore

    RBI Monetary Policy Live updates: On UPI linkage with other countries payment systems, RBI Governor Shaktikanta Das said that we have already done with Singapore and MoU with UAE has been signed and it is a work in progress

  • August 10, 2023 12:13

    RBI Monetary Policy Live updates: External sector is resilient. India’s forex buffers are strong, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:13

    RBI Live updates: Financial sector stability is well maintained, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:12

    RBI Live updates: There are temporary pressures on liquiidty during tax payemtns to govt, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:12

    RBI Live updates: With 87% of Rs 2000 coming back in the form of deposits there is a liquidity overhang, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:11

    RBI Live updates: We are sensitive to cash requirements ahead of festival season, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:11

    RBI Live updates: We have other policy instruments, not just rates, to tackle inflation, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:10

    RBI Live updates: ICRR was necessary in the light of liquidity overhang, says RBI Governor Shaktikanta Das

    ICRR was necessary in the light of liquidity overhang, says RBI Governor Shaktikanta Das. The Reserve Bank of India (RBI) has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per cent on the increase in their deposits between May 19 and July 28 to suck out excess liquidity in the banking system.

    There will be enough liquidity left with banking system after ICRR, the Governor has observed.

  • August 10, 2023 12:08

    RBI Live updates: Recent CPI inflation expected to be short lived, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:08

    RBI Live updates: Monetary policy has made significant progress on price stability. We need to remain watchful and not resort to knee jerk reactions, says RBI Governor Shaktikanta Das

  • August 10, 2023 12:06

    RBI Live updates: India is emerging as new growth engine of the world, says Shaktikanta Das



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