Page 82 - Latest Updates on Reserve Bank of India
India in the world of (near) free money
The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future
 "India in the world of (near) free money")
Tracking 'sticky' food prices important for MPC, says RBI paper
The compiled dataset comprises 1.3 million price data points covering 45 food items on a weekly basis across 85 centres in the country for the period 2005-18.
 "Tracking 'sticky' food prices important for MPC, says RBI paper")
Banks working to speed up ICA process for resolution of stressed loans: IBA
Indian Banks' Association chief executive Sunil Mehta said a draft on the same has been already given to banks for their suggestions
 "Banks working to speed up ICA process for resolution of stressed loans: IBA")
Micro-finance industry slowly overcoming coronavirus crisis: MFIN
The complete stoppage of micro-finance operations from March-end to May due to the coronavirus-induced lockdown had been a big setback
 "Micro-finance industry slowly overcoming coronavirus crisis: MFIN")
RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI
The Reserve Bank of India's forex strategy has been in sharp focus after it stepped away from dogged dollar buying amid large inflows
 "RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI")
Contrasting tales: Economy is down, but markets have defied fears
In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally
 "Contrasting tales: Economy is down, but markets have defied fears")
Compliance officer for banks prescriptive, not right thing: Ex-SBI MD
Earlier this month, the RBI asked banks to appoint chief compliance officers (CCO) with a view to getting uniformity in the approach followed by lenders
 "Compliance officer for banks prescriptive, not right thing: Ex-SBI MD")
RBI, govt in right direction to keep economy moving, says Axis Bank CEO
Bandhan Bank MD and CEO Chandra Shekhar Ghosh said the rural and semi-urban segments present huge opportunities for the banking industry
 "RBI, govt in right direction to keep economy moving, says Axis Bank CEO")
SBI launches e-facility to check eligibility for retail loans restructuring
Reserve Bank of India had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress
 "SBI launches e-facility to check eligibility for retail loans restructuring")
New external MPC members to be announced by Sept 28; extension ruled out
After exploring the possibilities, a decision has been taken to appoint a fresh team of external members, a senior finance ministry official said
 "New external MPC members to be announced by Sept 28; extension ruled out")
For RBI, bank compliance officers are no Cleopatra
Is the appointment age of the chief compliance officer in a bank capped anywhere in the world?
 "For RBI, bank compliance officers are no Cleopatra")
Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur
RBI Governor at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak
 "Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur")
Lenders want govt to offer moratorium interest relief to borrowers
Waiver may cost banks Rs 10,000 cr, says IBA
 "Lenders want govt to offer moratorium interest relief to borrowers")
RBI gets more elbow room for bond purchases as banks return borrowed money
The Reserve Bank of India on Thursday said it would buy 100 billion rupees ($1.4 billion) of bonds from the secondary market on Sept. 24
 "RBI gets more elbow room for bond purchases as banks return borrowed money")
The trade push
India should focus on exports for growth
 "The trade push")
RBI battle-ready to meet economy's needs: Governor Shaktikanta Das
Says protecting depositors' money, ensuring financial stability key concern
 "RBI battle-ready to meet economy's needs: Governor Shaktikanta Das")
Will take necessary measures to promote growth: RBI Guv Shaktikanta Das
RBI Governor Shaktikanta Das assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth
 "Will take necessary measures to promote growth: RBI Guv Shaktikanta Das")
RBI proposes to launch exchange-traded, OTC interest rate derivatives
Products to be accessible to foreign investors and retail participants too, but latter can only use for hedging
 "RBI proposes to launch exchange-traded, OTC interest rate derivatives")
Animal spirits: Right and wrong
It is true that though both low spirits and low real investment may be caused by a common set of economic factors
Deja vu on DFIs
The bank-led model of infrastructure financing is fraught with difficulties. But DFIs are not a quick fix
 "Deja vu on DFIs")
