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Thursday, April 3, 2025
TopicRBI

Topic: RBI

ATM withdrawals to get costlier from 1 May. What you need to know

RBI lifted ceiling on interchange fee on ATM withdrawals through circular issued Friday. Interchange fee is amount one bank pays another to facilitate ATM transactions.

Our take on Delhi elections, US deportations & Dinesh Nandwana’s death—in 50 words

ThePrint view on the most important issues of the week.

Not all food inflation coming from bad place, says RBI Monetary Policy Committee’s Ram Singh

RBI Monetary Policy Committee member Ram Singh says Budget 2025 provides opportunity for govt to show it is doing its part to address growth-inflation dynamics.

Manufacturing, construction & most services will drag FY25 GDP growth to 6.4%, govt estimate predicts

In its first advance estimates for the current financial year, govt predicts growth to be slower than RBI’s prediction of 6.6% & much lower than 8.2% seen in FY24.

Net FDI sinks to 12-yr low in April-October 2024, dragged down by money flowing out in record amounts

While gross FDI flows have stagnated over past few years, repatriation & disinvestment by foreign firms has surged. Indian companies, too, are investing much more abroad.

Our take on ISRO’s SpaDeX, Biren Singh’s apology & H1B visas—in 50 words

The print view on the most important issues this week.

Indian banks have solid asset quality & profitability for now, but risks are emerging on both counts

Narrowing of the wedge between credit and deposit growth, and the possible easing of the monetary policy, could weigh on the net interest margin of banks in 2025.

RBI data shows NPA crisis is under control. Now, govt needs to increase incomes

ThePrint view on the most important issues.

‘Customers aware of T&Cs’. What SC said in order removing 30% interest cap on late credit card payments

Court ruled NCDRC's 16-yr-old decision 'appropriated' the RBI's jurisdiction. The commission had acted on a petition alleging exploitation of credit card holders.

Our take on wealth tax, one nation one election, & RBI repo rate—in 50 words

ThePrint view on the most important issues this week.

On Camera

Punjab police is protecting its officers. Army left Colonel Bath to fight his battle on his own

Ever-increasing cases of police high-handedness against soldiers are impacting the morale of the Armed Forces. It is only a matter of time before the situation spirals out of control.

ATM withdrawals to get costlier from 1 May. What you need to know

RBI lifted ceiling on interchange fee on ATM withdrawals through circular issued Friday. Interchange fee is amount one bank pays another to facilitate ATM transactions.

Heavy ceasefire violation along LoC as Pakistan Army patrol intrusion sets off mine blast, India retaliates

Anti-infiltration mine triggered by intrusion in Krishna Ghati Sector followed by unprovoked firing by Pakistan Army, to which Indian troops responded in 'controlled & calibrated manner'.

Thank you Trump for putting tariff gun to India’s head. That’s the only way we’d be forced to reform

Trump threatening to pull the trigger might be just what is needed to wake up India’s self-congratulatory establishment from its headline-managing fantasies.