Page 10 - Latest Updates on Reserve Bank of India
Prospect of US Fed firing on all cylinders spooks Indian markets
Overseas investors sold shares worth Rs 2,280 crore, while domestic institutions provided buying support of Rs 623 crore
 "Prospect of US Fed firing on all cylinders spooks Indian markets")
RBI okays 2-yr extension of Murli Natarajan's tenure as MD-CEO of DCB Bank
Natrajan has led the bank since April 2009. In 2024, he will complete 15 years at the helm, the maximum allowed under current RBI guidelines
 "RBI okays 2-yr extension of Murli Natarajan's tenure as MD-CEO of DCB Bank")
HDFC Bank-HDFC merger: Regulatory changes for NBFCs proved decisive
On Monday, HDFC and HDFC Bank announced their boards had approved an all-stock amalgamation of the former into the latter, subject to regulatory approvals
 "HDFC Bank-HDFC merger: Regulatory changes for NBFCs proved decisive")
Close the policy gap
RBI has fallen behind the curve
 "Close the policy gap")
Not activating countercyclical capital buffer: Reserve Bank of India
As per the RBI, the aim of the CCyB regime is two-fold
 "Not activating countercyclical capital buffer: Reserve Bank of India")
Bond yield surge threat is only agenda for traders from RBI policy
The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.
Banking on efficiency
HDFC Bank will benefit from higher scale
 "Banking on efficiency")
Reserve Bank of India imposes penalties on three cooperative banks
the central bank said a penalty of Rs 2 lakh has been imposed on Kokan Mercantile Co-operative Bank Ltd., Mumbai for similar non-compliance
 "Reserve Bank of India imposes penalties on three cooperative banks")
'RBI to remain accommodative, leave all rates unchanged in April policy'
The comfort provided by the expected improvement in inflation was the anchor for the super-dovish February policy
HDFC Bank writes to RBI, seeks approval to hold 50% stake in HDFC Life
Lender wants either be allowed to hold a 47.82 per cent stake HDFC Ltd in the insurer or buy additional stake in the company from the market
 "HDFC Bank writes to RBI, seeks approval to hold 50% stake in HDFC Life")
Morgan Stanley expects RBI to raise rates by 125 bps cumulatively in FY23
This is against the backdrop of both domestic and global developments.
Best of BS Opinion: Reform reversal, the NPS challenge, and more
Here are the Best of BS Opinion for the day.
 "Best of BS Opinion: Reform reversal, the NPS challenge, and more")
BS policy poll: RBI likely to hike inflation forecast, say economists
Most respondents see status quo on repo, reverse repo and stance
FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta
Our global desk currently maintains an 'overweight' rating on India with a Sensex target of 66,000
 "FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta")
Will we see a reverse repo hike this week?
Can RBI afford the luxury of waiting out on the inflation front to allow growth to pick up?
RBI likely to maintain status quo on rates to support growth, say analysts
The RBI Governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The
NARCL chairman Pradip Shah quit before RBI nod: State Bank of India
After Shah stepped down, Subrata Biswas, a deputy managing director of SBI and one of the nominee directors of NARCL, was appointed as interim chairman
 "NARCL chairman Pradip Shah quit before RBI nod: State Bank of India")
Recapitalisation bonds to face mark-to-market provision, says RBI
The RBI also said that, 'investments classified under HTM shall be carried at acquisition cost, with the premium over the face value being amortised over the tenor of the instrument'
Non-food credit growth accelerates to 8% in Feb: RBI data
For the current fiscal year till February 25, the non-food credit growth has accelerated to 6.2 per cent against 3.7 per cent for the same period of the last year
RBI extends timelines for banks to use lockable cassettes in ATMs by a year
The RBI decided to extend the timeline after it received representations from various banks and Indian Banks' Association expressing difficulties in meeting the timeline
