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Dinesh Unnikrishnan

Editor-Banking & Finance

Moneycontrol

Editor-Banking & Finance at Moneycontrol. Dinesh heads the Banking and Finance Bureau at Moneycontrol. He also writes a weekly column, Banking Central, every Monday.

RBI’s huddle with dealers: Liquidity tightening or signalling risk control?

BUSINESS

RBI’s huddle with dealers: Liquidity tightening or signalling risk control?

We have seen the system slip into meaningful deficit episodes this quarter

Banking Central | What does UPI surge mean for Indian payments system?

BUSINESS

Banking Central | What does UPI surge mean for Indian payments system?

UPI’s future hinges on whether policymakers allow it to stand on viable economic legs

Moneycontrol Pro Panorama | What does the rising tide of credit card spending tell us?

BUSINESS

Moneycontrol Pro Panorama | What does the rising tide of credit card spending tell us?

In October 29 edition of Moneycontrol Pro Panorama: Clearly, the risk of future defaults looms large if the economy and job market falter.

Chart of the Day | UPI moves the masses, RTGS moves the money

BUSINESS

Chart of the Day | UPI moves the masses, RTGS moves the money

India’s payments data for the first half of 2025 shows two very different digital stories.

Municipal bonds join the repo club — a quiet reform with big consequences

BUSINESS

Municipal bonds join the repo club — a quiet reform with big consequences

The finance ministry’s move to make municipal debt repo-eligible could finally give India’s urban bond market the liquidity it always lacked

Banking Central | Credit is the new festival offer

BUSINESS

Banking Central | Credit is the new festival offer

India’s festive season boom isn’t just about rising consumption, it’s how borrowing has become part of everyday financial behaviour

What do RBI’s new capital market exposure rules mean?

BUSINESS

What do RBI’s new capital market exposure rules mean?

The central bank’s draft framework gives lenders more room to back India’s capital markets — but with clear boundaries to prevent excesses.

Moneycontrol Pro Panorama | Easy money meets eager borrowers

BUSINESS

Moneycontrol Pro Panorama | Easy money meets eager borrowers

The credit boom looks good for fintechs--but not without risks

Chart of the Day | SME IPOs are booming, but with a warning label

BUSINESS

Chart of the Day | SME IPOs are booming, but with a warning label

Is there too much euphoria in the SME IPO market?

Emirates NBD’s RBL Bank bet signals a new phase of foreign control in Indian Banking

BUSINESS

Emirates NBD’s RBL Bank bet signals a new phase of foreign control in Indian Banking

RBL Bank is not a distressed institution. It faced a governance setback in 2021 but has since rebuilt capital buffers and depositor confidence.

Banking Central | What the 2025 gold price surge means for Indian lenders

BUSINESS

Banking Central | What the 2025 gold price surge means for Indian lenders

Higher metal prices raise the marked-to-market value of pledged jewellery, improving loan-to-value (LTV) cushions for the same quantum of lending

MPC minutes show a policy pause that sounds like a whispered rate cut

BUSINESS

MPC minutes show a policy pause that sounds like a whispered rate cut

Inflation is at eight-year lows, growth is solid, and two members are keen to ease — yet the RBI still sits on its hands

Moneycontrol Pro Panorama | MPC’s December dilemma: Cut now or watch opportunity slip?

BUSINESS

Moneycontrol Pro Panorama | MPC’s December dilemma: Cut now or watch opportunity slip?

For Moneycontrol's Pro Panorama October 15 edition: Growth is accelerating, inflation is evaporating. What will the RBI do?

Chart of the Day | India CPI inflation at 8-year low, food deflation at -2.3% makes case for RBI rate cut

BUSINESS

Chart of the Day | India CPI inflation at 8-year low, food deflation at -2.3% makes case for RBI rate cut

Food prices are in deflation, gold is soaring, and core inflation ex-gold is benign . RBI can’t hide behind averages anymore.

Can RBI’s UMI pitch become a game changer?

BUSINESS

Can RBI’s UMI pitch become a game changer?

Tokenised assets and CBDC-based settlements sound futuristic, but caution is warranted.

Banking Central | RBI's digital innovation: Laudable moves but caution is a must

BUSINESS

Banking Central | RBI's digital innovation: Laudable moves but caution is a must

The Unified Lending Interface paves the way for a blockchain powered financial future but the RBI will need the guardrails in place to thwart threat actors who are always a step ahead

Moneycontrol Pro Panorama | Central Banks Rush to Gold: A $4,000 warning sign the global order is cracking

BUSINESS

Moneycontrol Pro Panorama | Central Banks Rush to Gold: A $4,000 warning sign the global order is cracking

In Moneycontrol Pro Panorama October 8 edition: Central banks and investors are treating bullion as insurance against the age of distrust

Chart of the Day | Where do households see inflation ahead?

BUSINESS

Chart of the Day | Where do households see inflation ahead?

The RBI’s latest surveys offer a glimpse into the public expectations on inflation

M&A funding: Why banks must lend with their eyes open

BUSINESS

M&A funding: Why banks must lend with their eyes open

Allowing banks to finance takeovers could unleash a deal wave. But unless guardrails are tight, today’s “growth enabler” could turn into tomorrow’s NPA headache

Banking Central | What does the monetary policy mean for you and your budget?

BUSINESS

Banking Central | What does the monetary policy mean for you and your budget?

Decoding the RBI's October review: Rate cuts remain distant, EMIs stay where they are

RBI's risk-based deposit insurance premium: A prudent push, but the real trust booster lies in hiking coverage limits

BUSINESS

RBI's risk-based deposit insurance premium: A prudent push, but the real trust booster lies in hiking coverage limits

While the proposal incentivises banks to manage risks better, without raising the Rs 5 lakh insurance cap, depositors' confidence in the system remains shaky amid rising uncertainties

Moneycontrol Pro Panorama | RBI stays put, but don’t miss the signalling  

BUSINESS

Moneycontrol Pro Panorama | RBI stays put, but don’t miss the signalling  

In Moneycontrol Pro Panorama October 1 edition: By holding rates steady and lowering its inflation outlook, the central bank is telling markets it has room to wait out

Chart of the Day | RBI's inflation taming: A battle won or just a breather?

BUSINESS

Chart of the Day | RBI's inflation taming: A battle won or just a breather?

With CPI at rock-bottom lows but core acting stubborn, the MPC faces a moment of truth on the rate cut front

RBI MPC Meet: Status quo likely, but a growth pivot can’t be ruled out

BUSINESS

RBI MPC Meet: Status quo likely, but a growth pivot can’t be ruled out

Benign inflation and sluggish credit raise chances of a cut, though the base case remains an extended pause

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