This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer
RBI has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.
The court held that banks cannot wash off their hands towards their customers for the operation of lockers
Dealers say RBI is behaving unreasonably by expecting them to accept low yields; experts say market turning greedy
The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel
The firm said it has reported to the RBI a fraud of about Rs 34.16 crore in credit facilities extended to IL&FS Transportation Networks
The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits
Govt seeks RBI's view on tweaks to CPI basket and if old weightings need to be changed
RBI devolves over Rs 20,000 crore in Rs 31,000-crore bond auctions
RBI advises against any change in inflation goalposts, monetary policy targets
In the past too, the RBI has tried to launch a comprehensive CDS product but it never really took off
RBI came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for housing finance companies.
The need then is to regulate, not ban, experts say
The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing
The Reserve Bank on Tuesday permitted resident individuals to make remittances under the Liberalised Remittance Scheme (LRS) to International Financial Services Centres (IFSCs) in the country
RBI on Tuesday came out with the draft guidelines for allowing derivatives trading in the credit default swaps (CDS) in over-the-counter (OTC) markets and on recognised stock exchanges in the country
The trade repository will be run by the Clearing Corporation of India Ltd
FM Sitharaman on Tuesday explained the government's priorities to the Reserve Bank of India's central board during their first meeting after presentation of the Budget
A month into the vaccination drive, which has covered more than 8.5 million so far, the health ministry has indicated that Covid-19 vaccines are not likely to be there in the open market anytime soon