Page 8 - Latest Updates on Reserve Bank of India
Shorter-duration funds a good bet amid rising rates, say analysts
In its April 8 monetary policy review, the Reserve Bank of India (RBI) signalled that from being supportive towards growth, its focus would now shift towards reining in inflation
 "Shorter-duration funds a good bet amid rising rates, say analysts")
CBDC likely to pose risks for financial stability, says World Bank
CBDC differs from traditional central bank money in that it can be digitally created and recorded on centralised or decentralised ledgers
 "CBDC likely to pose risks for financial stability, says World Bank")
PPI rapidly catching on as a bottom-of-the-pyramid transaction system
These PPI options are fast becoming the cards of choice for the vast majority of Indians as per capita income creeps upwards.
 "PPI rapidly catching on as a bottom-of-the-pyramid transaction system")
Top headlines: Four rate hikes likely in FY23, 'Tata Neu' an instant hit
Business Standard brings you the top headlines this morning
 "Top headlines: Four rate hikes likely in FY23, 'Tata Neu' an instant hit")
RBI signals discomfort with sharp yield uptick; issues new seven-year paper
The RBI statement showed for a seven-year paper, the notified amount was Rs 7,000 crore and bids received were worth Rs 22,632 crore
 "RBI signals discomfort with sharp yield uptick; issues new seven-year paper")
Testing tolerance
Price pressure will need a monetary response
 "Testing tolerance")
As inflation rises, RBI may hike repo rate by 25 bps in June: SBI report
The Russia-Ukraine conflict has significantly impacted the trajectory of inflation
 "As inflation rises, RBI may hike repo rate by 25 bps in June: SBI report")
March CPI inflation at 6.9% may trigger rate hike cycle from June: Analysts
Annual retail inflation shot up to a 17-month high of 6.95 per cent in March from a year ago, remaining above the tolerance limit of the Reserve Bank of India (RBI) for a third straight month
 "March CPI inflation at 6.9% may trigger rate hike cycle from June: Analysts")
Bond yields continue to harden; rupee goes past 76 to a dollar
On Tuesday, the yield on the 10-year benchmark government bond advanced 5 basis points (bps) to close the day at 7.19 % - close to a three-year high
 "Bond yields continue to harden; rupee goes past 76 to a dollar")
Reliance Cap lenders to ask bidders to make all cash bids, form consortium
An industry source says the Administrator appointed by RBI was not supporting all cash bids but CoC insisted on all cash offers from bidders
 "Reliance Cap lenders to ask bidders to make all cash bids, form consortium")
Delhi High Court asks RBI to look into plea against IndusInd Bank
Last year, an internal working group of the RBI had earlier recommended that promoters can increase their stake in private banks to 26 per cent from 16 per cent.
 "Delhi High Court asks RBI to look into plea against IndusInd Bank")
RBI restores pre-Covid timing of financial markets effective April 18
The trading hours were revised when the Covid-19 pandemic struck due to the operational dislocations
 "RBI restores pre-Covid timing of financial markets effective April 18")
Reserve Bank introduces principles for mid, large NBFCs
The central bank said that as part of the overall structure for corporate governance, compliance function serves a critical role
RBI says 22 NBFCs have surrendered their registration certificates
The central bank has cancelled their Certificate of Registration (CoR) as they have surrendered the same
 "RBI says 22 NBFCs have surrendered their registration certificates")
RBI regulated markets to start trading at 9 am from Apr 18
From April 18, the trading hours of these markets will be from 9 am to 3.30 pm, the central bank said in a release on Monday
RBI's surprise hawkish pivot spurs economists to move up rate calls
The RBI surprised markets Friday by saying it now prioritizes tackling inflation over supporting economic growth
Best of BS Opinion: A faster rate hike, new programming language, and more
Here are the top BS Opinion articles of the day
 "Best of BS Opinion: A faster rate hike, new programming language, and more")
Will there be a rate hike in June?
That it's not far away is a reality, and the Indian central bank is not in denial mode. Despite the rate not being increased, formally, there couldn't have been a more hawkish policy last week
RBI issues draft norms for trade via e-com mode
The roles and responsibilities of the banks and OEIF and the disciplines for operating the import and export collection accounts are clearly spelt out
Shifting gear
Prepare for rate hikes faster than expected
 "Shifting gear")
