Page 12 - Latest Updates on Reserve Bank of India
Centre may seek crypto log on transactions from banks, exchanges
Sale and purchase of digital assets will reflect in the AIS
 "Centre may seek crypto log on transactions from banks, exchanges")
Two years after Covid, Indian economy hopping from one crisis to another
While the economy was mending its way up, the second wave beginning March 2021 led to loss of many more lives and further deceleration of growth momentum.
 "Two years after Covid, Indian economy hopping from one crisis to another")
SBI group gets RBI nod to increase stake in ICICI Bank to 9.99%
SBI MF owns 5.7% in ICICI Bank; approval valid for one year
 "SBI group gets RBI nod to increase stake in ICICI Bank to 9.99%")
Bank investments in AIFs to get same treatment as VCFs, says RBI
The regulator said it had received queries from banks on applicability of the prudential treatment for investment in VCFs to investment in AIFs
 "Bank investments in AIFs to get same treatment as VCFs, says RBI")
Handle with care
Address risks before introducing CBDC
 "Handle with care")
Banks put in lesser amounts in VRRR auctions ahead of FY22-end
The RBI has been conducting VRRR auctions to manage surplus liquidity in the system
RBI to conduct two VRRR auctions worth Rs 1.5 trillion on Tuesday
Treasury executives say liquidity surplus continues to be sizeable
 "RBI to conduct two VRRR auctions worth Rs 1.5 trillion on Tuesday")
RBI continues to support growth, rupee: Governor Shaktikanta Das
India comfortably placed to deal with spill-overs from Ukraine crisis, says Das
 "RBI continues to support growth, rupee: Governor Shaktikanta Das")
Banks recover nearly Rs 61,000 crore via one-time settlement of loans
The figures are for the last three financial years and up to December 2021 of the current fiscal
 "Banks recover nearly Rs 61,000 crore via one-time settlement of loans")
RBI likely to adopt hands-off approach in foreign exchange market
The RBI continued to be a net buyer of $36.6 billion in this fiscal year - between April and January. In 2020-21, it purchased $68 billion on a net basis.
RBI expected to prioritise growth over inflationary fears during April meet
The Reserve Bank of India (RBI) is expected to prioritise growth over inflationary fears in its April, 2022 policy meet.
 "RBI expected to prioritise growth over inflationary fears during April meet")
Net-zero shift may have less impact on banking, says RBI study
India made five pledges at the global climate meeting in Glasgow in October 2021 for taking steps towards controlling emissions.
 "Net-zero shift may have less impact on banking, says RBI study")
Global developments pose downside risks to India, says RBI report
The report said the shock emanating from geopolitical risks hit at a time when inflation was elevated in many countries
Budget to yield dividends for years; pvt sector should invest: RBI article
The article also said that while the post-pandemic debt consolidation will rely primarily on GDP growth, it needs to be complemented by fiscal consolidation
 "Budget to yield dividends for years; pvt sector should invest: RBI article")
India making steady progress, global crisis notwithstanding: RBI article
The article in the RBI Bulletin on 'State of the Economy' said, 'unfolding global developments nevertheless pose downside risks in terms of spillovers.'
 "India making steady progress, global crisis notwithstanding: RBI article")
Unfolding global developments pose risks to Indian economy, says RBI
The RBI also said that a rapid and large withdrawal of fiscal support risks pushing the economy over the cliff into a sharp downturn
Tech-ready: HDFC Bank lines up digital launches in two-three quarters
In the upcoming two/three quarters, the bank is looking to launch a revised version of its payment app, PayZapp
 "Tech-ready: HDFC Bank lines up digital launches in two-three quarters")
Banks recover over Rs 7.34 trn in six-and-a-half years to Dec 2021: Govt
On recovery of fraud amounts, the minister said Rs 55,895 crore have been recovered in the past six financial years and the current financial year up to December 31, 2021, he said
 "Banks recover over Rs 7.34 trn in six-and-a-half years to Dec 2021: Govt")
Reserve Bank of India removes interest cap for microfinance loans
Annual income criteria for loans hiked to Rs 3 lakh
Fully compliant with RBI data localisation directions: Paytm Payments Bank
In an interview with Reuters, Paytm CEO Vijay Shekhar Sharma said 'there is no access of any bank customer data to anyone, any investor'
 "Fully compliant with RBI data localisation directions: Paytm Payments Bank")
