Page 27 - Latest Updates on Reserve Bank of India
Banks' core earnings face heat from poor credit growth, low yields on loans
Their gross interest income shrank for second consecutive quarter in Q2FY22 while their core earnings, or pre-provisioning profit, were down 1.5% YoY
 "Banks' core earnings face heat from poor credit growth, low yields on loans")
RBI clarifies norms for upgrading of accounts classified as NPAs
Asks lenders to mention exact due date for repayment in loan agreements
 "RBI clarifies norms for upgrading of accounts classified as NPAs")
Two RBI schemes launched by prime minister to deepen bond market: Experts
Two innovative, customer-centric schemes launched by Prime Minister Narendra Modi on Friday will result in deepening the bond market by broadening the base of investors, experts said
 "Two RBI schemes launched by prime minister to deepen bond market: Experts")
RBI Retail Direct Scheme: Individuals can now directly buy T-bills, G-Secs
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds and state development loans from primary as well as secondary markets, thanks to RBI Retail Direct Scheme
 "RBI Retail Direct Scheme: Individuals can now directly buy T-bills, G-Secs")
Ombudsman scheme to provide cost-free redress of customer complaints: RBI
The Integrated Ombudsman Scheme, 2021, will provide cost-free redress of customer complaints involving deficiency in services rendered by entities regulated by the RBI
 "Ombudsman scheme to provide cost-free redress of customer complaints: RBI")
PM Modi to launch two innovative customer-centric initiatives of RBI today
Prime Minister Narendra Modi will launch two innovative customer-centric initiatives of the Reserve Bank of India
 "PM Modi to launch two innovative customer-centric initiatives of RBI today")
RBI's easy policy under pressure as companies worry about rising inflation
Companies have turned increasingly vocal about their inflation concerns, setting the stage for raising prices.
 "RBI's easy policy under pressure as companies worry about rising inflation")
Managing cryptocurrencies
Govt must address regulatory concerns
 "Managing cryptocurrencies")
RBI governor, top bankers to bring down curtains on BS-BFSI summit today
The most-awaited chat with the RBI governor will roll into the bankers' panel, bringing down the curtains on an incisive summit that ran for nine days, spanning 11 sessions
 "RBI governor, top bankers to bring down curtains on BS-BFSI summit today")
Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold
Business Standard brings you the top stories from today
 "Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold")
RBI imposes curbs on Maharashtra-based Babaji Date Mahila Sahakari Bank
RBI imposed several restrictions on the Maharashtra-based bank
FPIs can invest in debt securities issued by InvITs, REITS: RBI circular
The Reserve Bank on Tuesday said FPIs have been permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) by FPIs
 "FPIs can invest in debt securities issued by InvITs, REITS: RBI circular")
Demonetisation, 5 years on: Key economic indicators paint a mixed picture
Today marks the fifth anniversary of demonetisation. How has the historic event impacted the economy? Let's take a look at how some of the indicators have progressed since the 2016 'note ban'
 "Demonetisation, 5 years on: Key economic indicators paint a mixed picture")
Indian economy will survive headwinds from a taper by US Fed, says FinMin
The Centre's fiscal deficit touched just 35 per cent of the Budget Estimates in the first six months of 2021-22
 "Indian economy will survive headwinds from a taper by US Fed, says FinMin")
Indian economy likely to remain cash-dependent for many years to come
After growing at over 20 per cent for most of 2020, currency in circulation growth fell to 8.5 per cent as of October 29 this year, shows RBI data
 "Indian economy likely to remain cash-dependent for many years to come")
Climate goals: Can investor activism deliver what govts could not?
The moves by investors and accounting innovations by economists and auditors could make a critical difference on the margin. Call it Plan B; there is no Plan C, writes T N Ninan
India's foreign exchange reserves increase $1.9 bn to $642 bn: RBI
The forex reserves increased on a healthy increase in the currency assets and value of gold
Will focus on climate-related risks, says Reserve Bank of India
In a statement, RBI said it broadly supports the NGFS declaration
Bank credit grows by 6.84%, deposits by 9.94%, shows RBI data
Bank credit grew by 6.84 per cent to Rs 110.46 lakh crore
Be vigilant to vulnerabilities: RBI governor Shaktikanta Das to banks
The RBI data showed that credit growth is improving, albeit at a slower pace
