RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went bankrupt in 2018, and Dewan Housing Finance Corp and Altico Capital defaulted on payments in 2019

This is the lowest point in retail inflation since March last year, when it was pegged at 5.84 per cent, marking a return to the comfort range of 2-6 per cent prescribed by the Reserve Bank of India for the first time in nine months

In February last year, RBI had announced a revised Liquidity Management Framework (LMF) that was simplified and \"clearly communicated\" the objectives and toolkit for liquidity management

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Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors

The CPI inflation continues to remain above 6 per cent throughout this year -- except in March -- higher than the Reserve Bank of India's comfort zone of 4-6 per cent

The response came in wake of the RBI order to impose temporary restrictions on HDFC Bank's new digital initiatives until the bank fixes its IT systems

Draft directions on security of digital payment channels will be issued soon for public comments, he said

The RBI's projection of 5.4-4.5 per cent CPI for the second half (Oct to March) of 2020-21 announced in October policy is also not holding up

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Looking ahead, services firms were confident of a rise in business activity in the coming 12 months. The overall degree of optimism improved to a nine-month high

Apex bank could take steps to fasten India's economic recovery after the coronavirus, but high inflation will most likely force it to keep the rates unchanged

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It further said that inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal

Consumer price inflation continued to rise in Ocotober as prices in food basket remained high during the month; vegetables, pulses and protein products remained costlier, driving inflation higher

Retail inflation jumped to 7.34 per cent in September, mainly on account of higher food prices, official data showed on Monday

The economists at SBI believe that India's GDP will remain in negative territory in all the four quarters of FY21 and any positive growth will be seen only in FY22

Future Lifestyle Fashions share opened with a loss of 3.13% at Rs 82-also its intra day low-against previous close of Rs 84.65

The RBI has kept the retail inflation target of 4 per cent with a bias of plus/minus 2 per cent