Page 81 - Latest Updates on Reserve Bank of India
RBI extends enhanced borrowing limit for banks under MSF till Mar 31
Under the MSF, banks can borrow overnight at their discretion by dipping into the Statutory Liquidity Ratio (SLR)
 "RBI extends enhanced borrowing limit for banks under MSF till Mar 31")
Lakshmi Vilas Bank to be run by 3 independent directors' panel: RBI
The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be run by a Committee of Directors (CoD) comprising three independent directors
 "Lakshmi Vilas Bank to be run by 3 independent directors' panel: RBI")
Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more")
West's central banks are undergoing a profound shift. RBI must not follow
Starting with the Fed, the West's central bankers are descending into a dangerous spiral of overconfidence. RBI has no such room for error
No rate cut, all eyes on RBI's GDP projection
Lower inflation next year may open the space for rate cut, but for now the challenge is seeing through the government borrowing and keeping the bond yield low
In the wonderland of regulation
A plethora of regulations is never the answer to identified regulatory gaps
CII asks Reserve Bank to relook circular on opening of current accounts
Industry body CII has urged the Reserve Bank to reconsider its circular regarding opening of current accounts
 "CII asks Reserve Bank to relook circular on opening of current accounts")
RBI policy review, global trends to dictate stocks this week: Analysts
The RBI's monetary policy review on October 1 and auto sales numbers would be among the key events for investors
Status quo policy regardless of late MPC member induction: Experts
While new members will be domain experts, it would be too early for them to properly grasp of the situation once they get to see a tiny picture of the real economic scene at hand
 "Status quo policy regardless of late MPC member induction: Experts")
The harm that orthodoxy does
The less the better, because once again that's not how governments or central banks can, or should, work. Indeed, they can't.
 "The harm that orthodoxy does")
Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data
In the fortnight ended September 13, 2019, bank credit was at Rs 97.13 trillion and deposits at Rs 127.22 trillion
 "Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data")
Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI
Gold reserves were down by $580 million in the reporting week to $37.440 billion
 "Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI")
Vakrangee gets RBI nod to set up BBPS unit to handle billing services
"Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS (Bharat Bill Payment System)," the company said
RBI tells urban co-op banks to adopt more robust cyber security infra
Apex bank aims to bring the largest UCBs at par with other banks that run a full gamut of protection against online threats
 "RBI tells urban co-op banks to adopt more robust cyber security infra")
RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist
Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay
RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs
The technology vision document, which was formalised after obtaining inputs from various stakeholders, is aimed at enhancing the cybersecurity posture of UCBs
RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each
On October 1, the RBI would purchase three securities totalling Rs 10,000 crore and selling two securities of the same amount
Allowed to share GPay transaction info with NPCI permission: Google to HC
The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet
 "Allowed to share GPay transaction info with NPCI permission: Google to HC")
RBI rejects bids worth Rs 664.73 bn at first open market bond buy in FY21
Central bank had planned to buy up to Rs 100 billion ($1.35 billion) worth of six-year to 11-year papers at an open market operation.
Covid-19: As regulators ease rules for firms, investors aren't taking it easy
Companies battling to get in shape after a nationwide lockdown to contain the coronavirus pandemic devastated the economy have been helped by regulators, but investors are worried. Should they be?
 "Covid-19: As regulators ease rules for firms, investors aren't taking it easy")
