Page 88 - Latest Updates on Reserve Bank of India
RBI flags concerns over climate change impact on India's farm outlook
Consistent with models of climate change, the number of dry days as well as days with extremely high levels of rainfall have increased in India
 "RBI flags concerns over climate change impact on India's farm outlook")
Growth risks
India needs reforms to enhance productivity
 "Growth risks")
RBI balance sheet expands 30% to Rs 533 trn on growth in forex reserves
Central bank's balance sheet saw a larger-than-normal size due to policy actions and liquidity infusion measures adopted to mitigate shock of Covid-19 outbreak
 "RBI balance sheet expands 30% to Rs 533 trn on growth in forex reserves")
Letter to BS: No gender biases, says ex-RBI deputy governor Viral Acharya
Prof Sriram rightly raises the issue of why I put my MPC minutes in the book
 "Letter to BS: No gender biases, says ex-RBI deputy governor Viral Acharya")
Top headlines: Apple's first online store in India, RBI' OMOs, and more
Here are the top headlines of the day
 "Top headlines: Apple's first online store in India, RBI' OMOs, and more")
RBI calls for deep-seated, wide-ranging reforms for sustainable growth
Post-COVID-19, the overwhelming sense is that the world will not be the same again and a new normal could emerge, the Reserve Bank of India (RBI) said
 "RBI calls for deep-seated, wide-ranging reforms for sustainable growth")
Reserve Bank announces OMOs worth Rs 20,000 crore to maintain liquidity
The two tranches will be worth Rs 10,000 crore each on multi-security auction using multiple price method, the central bank said in a statement
 "Reserve Bank announces OMOs worth Rs 20,000 crore to maintain liquidity")
Govt, RBI need to share cost of maintaining UPI infrastructure: Report
The IIT-Bombay report further said UPI as a digital payments platform increases efficiency towards tax compliance, and provides overall convenience for public good
 "Govt, RBI need to share cost of maintaining UPI infrastructure: Report")
A theory of everything
This book hit the markets on the same day as the one by Urjit Patel, who was RBI governor at that time
 "A theory of everything")
Covid-19 impact: Union Bank estimates 6-7% of loans may be restructured
These loans include corporate accounts, where Rs 6.3 trillion of credit may be recast, and non-corporate accounts (Rs 2.1 trillion), such as retail, agriculture and MSME
 "Covid-19 impact: Union Bank estimates 6-7% of loans may be restructured")
Extend loan moratorium period, assistance to lawyers: PIL in Delhi HC
A petition was moved in the Delhi High Court on Monday seeking directions to the Central government and the Reserve Bank of India (RBI) to extend the moratorium period for repayment of term loan
 "Extend loan moratorium period, assistance to lawyers: PIL in Delhi HC")
RBI sends signal to traders that bond yields may head higher in debt sale
The Reserve Bank of India sold a 30-year bond on Friday at a cutoff yield of 6.7596 per cent, versus the 6.65 per cent estimated in a Bloomberg survey
Best of BS Opinion: Farming on the cusp of change, corporate results & more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Farming on the cusp of change, corporate results & more")
Can the Reserve Bank talk the bond yield down?
Why are the bond yields hardening when there is ample liquidity in the system and RBI is willing to do anything to ensure a non-disruptive market borrowing by the government?
Monetary policy in the pandemic
There is a need for institutional reforms in financial sector
Monetary policy path
Central bank may not cut rate in the near term
 "Monetary policy path")
Green shoots are mechanical rebound, don't read much into it: Ex-RBI Guv
Short-term as well as medium-term prospects (for Indian economy) continue to be grim, says D Subbarao
 "Green shoots are mechanical rebound, don't read much into it: Ex-RBI Guv")
SEBI employees' group protests Garg's appointment as executive director
Appointment is a deviation from established practice followed in organisations like the Reserve Bank of India, says association
 "SEBI employees' group protests Garg's appointment as executive director")
Kamath panel races against time to meet Sept 6 deadline amid Covid-19
Senior bankers working closely with the committee said all panel members are on board and are actively participating in deliberations
 "Kamath panel races against time to meet Sept 6 deadline amid Covid-19")
Avoid frequent ad hoc review of loan facility for businesses: RBI to banks
RBI said that an analysis of practices followed by the lenders has brought out certain supervisory concerns including frequent and repeated ad-hoc review of credit facilities instead of regular review
 "Avoid frequent ad hoc review of loan facility for businesses: RBI to banks")
