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Eco Buzz
RBI predicts CPI inflation to average 5.6% in current quarter
Markets
Inflation control: Moderate success but miles to go to be within the target
RBI’s regulatory steps can be termed as counter-cyclical measures
Industry
RBI nods appointment of 5 Hinduja directors in Reliance Capital board
Banks
Unsecured lending may see much slower growth
PSBs told to gear up on cybersecurity
Unsecured lending may now see much slower growth for few months
Trendz
RBI hikes risk weights for personal loans, credit cards to 125%, 150%
Global monetary policymakers take a breather, but rate cuts remain distant
Nifty yet to form bearish bias as of now
Bank, NBFC shares fall after new norms on personal loans
Economy
RBI's clampdown on unsecured consumer loans poses challenges for Fintechs