Page 71 - Latest Updates on Reserve Bank of India
More pincer moves: Shadow banks may soon be governed by regulatory regime
The smaller and lower-rated NBFCs (AA-rated or the unrated) have been shunned by both banks and markets
 "More pincer moves: Shadow banks may soon be governed by regulatory regime")
Street signs: Debt funds under pressure, diagnostic firms go weak and more
Buying shares of companies that operate in the cold storage space is emerging as a hot theme on Dalal Street
 "Street signs: Debt funds under pressure, diagnostic firms go weak and more")
Covid impact: Reserve Bank asks banks not to declare dividend for FY 20
The RBI has asked banks to conserve capital and not make any dividend payments for financial year 2020
 "Covid impact: Reserve Bank asks banks not to declare dividend for FY 20")
RBI hikes contactless card transaction limit to Rs 5000 to boost e-payments
Experts said it is a step in the right direction by the RBI and people have been asking it to enhance the limit.
 "RBI hikes contactless card transaction limit to Rs 5000 to boost e-payments")
You cannot put lakhs in difficulty for hours: RBI governor on HDFC Bank
Central bank, which yesterday pulled up HDFC Bank for multiple outages of its digital services, is checking why SBI's YONO application went down.
 "You cannot put lakhs in difficulty for hours: RBI governor on HDFC Bank")
RBI leans towards economic growth, keeps policy rates unchanged at 4%
The rate pause was on expected lines, and all the six members on the Monetary Policy Committee were unanimous on the matter
 "RBI leans towards economic growth, keeps policy rates unchanged at 4%")
RBI eases banking and document handling procedures for exporters
Moves come as a major relief to a sector that is struggling to recovery from the impact of Covid-19
Non-essential spending by households to shrink further in 2021: RBI survey
More families expect general price rise in next one year
 "Non-essential spending by households to shrink further in 2021: RBI survey")
RBI to adopt scale-based regulatory framework for NBFCs, set audit norms
Banking regulator to also prescribe dividend distribution norms
 "RBI to adopt scale-based regulatory framework for NBFCs, set audit norms")
Inflation outlook adverse, but economic contraction is over: RBI
The MPC now expects consumer price index-based inflation to average at 6.8% in the current quarter, and at 5.8% in January-March 2021
 "Inflation outlook adverse, but economic contraction is over: RBI")
RBI forecast, foreign portfolio investments flows push Sensex past 45,000
The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July
 "RBI forecast, foreign portfolio investments flows push Sensex past 45,000")
A no-action monetary policy buys time for growth
The job of breaking the back of inflation is left to the government's proactive supply management strategies, for now
Suggestion to allow corporates in banking not RBI's view: Governor Das
RBI's Internal Working Group's (IWG) suggestion to allow corporates into banking has received sharp criticism from experts
Initial response looks 'positive' for PMC Bank resolution: RBI Governor
The last date for submission of EoI by potential investors is December 15.
 "Initial response looks 'positive' for PMC Bank resolution: RBI Governor")
Sensex gains 447 pts, ends at 45,080 as RBI revises FY21 GDP growth outlook
All that happened in the markets today
 "Sensex gains 447 pts, ends at 45,080 as RBI revises FY21 GDP growth outlook")
RBI's status quo on policy rates to aid economic recovery: Experts
India Inc and experts on Friday said the RBI's decision to hold interest rates will support economic recovery in the aftermath of the Covid-19 pandemic.
 "RBI's status quo on policy rates to aid economic recovery: Experts")
RBI proposes liquidity enhancing measures for RRBs, directions to come soon
After banks and NBFCs, the Reserve Bank of India (RBI) has now decided to facilitate a more efficient liquidity management in Regional Rural Banks
 "RBI proposes liquidity enhancing measures for RRBs, directions to come soon")
RBI to introduce digital payment security control directions: Governor Das
RBI Governor Shaktikanta Das said the central bank will be introducing digital payment security control directions for regulated entities
 "RBI to introduce digital payment security control directions: Governor Das")
RBI asks banks to retain profit, not make any dividend payment for FY20
In view of the economic shock caused by Covid-19, the Reserve Bank of India asked scheduled commercial banks and co-operative banks not to make any dividends for the financial year ended March 2020
RTGS to be made available 24X7 in next few days: RBI Governor
RBI said that the Real Time Gross Settlement (RTGS) system, used for large value transactions, will be made available round-the-clock in the next few days
 "RTGS to be made available 24X7 in next few days: RBI Governor")
