Page 6 - Latest Updates on Reserve Bank of India
Comparing realisations with outstanding loans not reasonable, says RBI DG
Admitting that there have been concerns, Rao said one needs to understand that the value of the asset may have already deteriorated by the time it comes up at the courts
 "Comparing realisations with outstanding loans not reasonable, says RBI DG")
Top Headlines: India to overcome Covid losses by FY35, Trai's 5G proposals
Business Standard brings you the top headlines at this hour
 "Top Headlines: India to overcome Covid losses by FY35, Trai's 5G proposals")
RBI new ban likely to push up approval cost for property developers
The issue could be more worrisome for developers in Mumbai because premium payment and TDR appertain more to the city, experts said.
 "RBI new ban likely to push up approval cost for property developers")
Non-food bank credit grew 9.7% in March, personal loans rose 12.4%: RBI
Loans to agriculture and allied activities continued to perform well, registering a growth of 9.9 per cent in the reporting month
 "Non-food bank credit grew 9.7% in March, personal loans rose 12.4%: RBI")
Forex reserves down $3.271 bn to $600.423 bn, says RBI data
In the previous week, the reserves had declined by USD 311 million to USD 603.694 billion
 "Forex reserves down $3.271 bn to $600.423 bn, says RBI data")
How to make the most of RBI's new customer-friendly credit card rules
Some smart tweaking of the billing cycle will give you more time to settle without having to pay any interest; set spending limits where necessary
 "How to make the most of RBI's new customer-friendly credit card rules")
Startup firms let Indian retail investors buy corporate debt at $130
The new start ups are seeking to reassure investors they are doing all they can to protect their clients
 "Startup firms let Indian retail investors buy corporate debt at $130")
RBI modifies norms for banks on short term crop loan scheme under KCC
In order to provide short term crop loans up to Rs 3 lakh to farmers at an interest rate of 7 per cent per annum, the government offers interest subvention of 2 per cent annually to banks
 "RBI modifies norms for banks on short term crop loan scheme under KCC")
Top Headlines: Features of LIC IPO, Damani eyes partners for Ambuja buy
Business Standard brings you the top headlines at this hour
 "Top Headlines: Features of LIC IPO, Damani eyes partners for Ambuja buy")
Reserve Bank of India may curb first-loss default guarantees
Only regulated entities, rated arrangements can pass muster
How neobanks are set to disrupt $31 billion Indian fintech market
As the third largest fintech ecosystem in the world after the US and China, the Indian fintech market is poised for further disruption with the emergence of neobanks
 "How neobanks are set to disrupt $31 billion Indian fintech market")
In a first, RBI may have to explain to govt why it couldn't curb inflation
Retail inflation has overshot the 6% upper tolerance limit for three years on the trot; experts say protracted Ukraine war and other factors may keep prices up
 "In a first, RBI may have to explain to govt why it couldn't curb inflation")
RBI to hike repo rate in June, earlier than previously thought: Poll
RBI Repo rate hike: Retail inflation will likely soar further as a spike in global energy prices since Russia's invasion of Ukraine seeps into consumer prices
Raising policy rates is not anti-national, RBI will have to do it: Rajan
Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing, Rajan said
 "Raising policy rates is not anti-national, RBI will have to do it: Rajan")
With global finances at risk, can India avoid a repeat of the 1991 crisis?
India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes
MPC panel to get a new face: Rajiv Ranjan likely to replace Mridul Saggar
Rajiv Ranjan likely to replace Mridul Saggar in rate-setting panel
As NITI vice-chairperson, Suman Bery will now be expected to guide policy
Bery will replace incumbent Rajiv Kumar as Niti Aayog vice-chairperson from the next month
 "As NITI vice-chairperson, Suman Bery will now be expected to guide policy")
India's foreign exchange reserves down $311 million to $603.7 billion
In the previous week ended April 8, the reserves had declined by USD 2.471 billion to stand at USD 604.004 billion.
 "India's foreign exchange reserves down $311 million to $603.7 billion")
Loved by banks, bond trade worth Rs 2 trn faces scrutiny from RBI
Traders argue that the transactions are structured as so-called forward rate agreements, which are permitted by the RBI, allowing them to clear internal compliance checks
MPC minutes: Governor Das said RBI must match up to 'dynamic situations'
The five other members had also expressed a similar opinion amid the ongoing Russia-Ukraine conflict's impact on the global and domestic economies
