Page 18 - Latest Updates on Reserve Bank of India
Banking stocks end with gains after RBI leaves key lending rate unchanged
The highest gainer was Federal Bank Ltd, which rallied 2.2% to end at Rs 104.4
 "Banking stocks end with gains after RBI leaves key lending rate unchanged")
RBI to soon come out with digital lending guidelines: DG Rajeshwar Rao
In November last year, the working group on digital lending, including lending through online platforms and mobile apps, had submitted their recommendations
 "RBI to soon come out with digital lending guidelines: DG Rajeshwar Rao")
No hike in reverse repo as RBI sticking with accommodative stance: Das
The rates represent a particular stance with regard to the monetary policy and the committee decided to continue with the accommodative stance, said RBI Governor Shaktikanta Das
 "No hike in reverse repo as RBI sticking with accommodative stance: Das")
Rupee slips 10 paise to close at 74.94 against US dollar post RBI Policy
Rupee opened at 74.90 against the American dollar, and later witnessed an intra-day high of 74.88 and a low of 75.05 against the greenback
 "Rupee slips 10 paise to close at 74.94 against US dollar post RBI Policy")
Exporters in Tirupur hail RBI holding policy rates at same level
RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged
 "Exporters in Tirupur hail RBI holding policy rates at same level")
Cryptos don't have any underlying value, not even a tulip: RBI Governor
At the post policy meeting with media persons, Governor Das said, the investors who invest in cryptocurrencies should keep in mind that they are doing so at their own risk
 "Cryptos don't have any underlying value, not even a tulip: RBI Governor")
Real GDP growth for FY23 projected at 7.8%, says RBI Governor
The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the Finance Ministry in the recent Economic Survey
 "Real GDP growth for FY23 projected at 7.8%, says RBI Governor")
Cryptos a threat to financial stability; value not even a tulip: RBI Guv
He added that it is his duty to caution investors, and told them to keep in mind that they are investing at their own risk
RBI sees retail inflation moderating to 4.5% in FY23: Here's why
The Reserve Bank of India (RBI) retained its inflation projection at 5.3 per cent for the current financial year
 "RBI sees retail inflation moderating to 4.5% in FY23: Here's why")
Monetary policy: RBI surprises with dovish note as growth concerns weigh
Repo rate unchanged at 4%; stance 'accommodative'
RBI is still very dovish, but will inflation really remain low?
The indication is that an accommodative stance will continue into the next year too, as long as inflation remains stable
 "RBI is still very dovish, but will inflation really remain low?")
Bond yields cool off before Reserve Bank of India's monetary policy
RBI watchers call for a CRR hike to support OMOs
 "Bond yields cool off before Reserve Bank of India's monetary policy")
Finance Minister Nirmala Sitharaman to address RBI board on Feb 14
It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the budget
 "Finance Minister Nirmala Sitharaman to address RBI board on Feb 14")
Rupee fell by 5 paise to close at 74.79 against US dollar
At the interbank foreign exchange, the rupee opened at 74.70 against the American dollar, and later witnessed an intra-day high of 74.68 and a low of 74.87 against the greenback
 "Rupee fell by 5 paise to close at 74.79 against US dollar")
RBI must focus more on inflation to combat spiking yields, say traders
The benchmark 10-year bond yield spiked to a 2-1/2-year high after the government announced a borrowing target of 14.95 trillion rupees ($199.84 billion) for the next fiscal year
Reserve Bank of India to prematurely redeem sovereign gold bonds
The due date of premature redemption of the above tranche shall be February 8.
RBI begins three-day monetary policy meet to decide on key rates
RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution on Thursday
 "RBI begins three-day monetary policy meet to decide on key rates")
Bank fraud complaints rose to 145,309 in FY21 against 135,448 in FY20: FM
'The RBI informed that there is an increase of 12.01 per cent and 52.99 per cent with regard to complaints in Mobile/Electronic Banking and Credit Card, respectively,' Nirmala Sitharaman said
 "Bank fraud complaints rose to 145,309 in FY21 against 135,448 in FY20: FM")
RBI extends restrictions on Karnataka's Millath Co-Operative Bank till May
As per the directions issued first on May 10, 2019, withdrawals were capped at Rs 1,000 from any account. The directions have been periodically extended till now.
RBI may wait for a few more months to raise interest rates, says survey
India has only recently begun to recover much of its lost ground and New Delhi's latest budget was modestly stimulative compared with expectations
