Page 20 - Rbi

RBI flags regulatory concerns on big tech's role in financial services

The RBI, in its bi-annual Financial Stability Report, had flagged the entry of big tech in financial services in emerging markets such as India.

Amount recovered through various channels dropped in 2020-21: RBI report

The IBC route yielded more than Rs 27,000 crore, while around Rs 27,700 crore was recovered through the SARFAESI Act

Indians to continue to embrace cryptocurrencies despite RBI concerns

The eighth of year-ender series finds out why retail investment in crypto assets may surge to $15.6 billion by 2030

Bank NPAs ease to nearly six-year low: RBI Trends & Progress report

Credit growth showing signs of recovery, says RBI report

4,071 banking fraud cases reported during H1 FY2022: RBI report

In terms of deposits, the number of reported cases of frauds stood at 208 of an amount involving Rs 362 crore, the report said

Banks need to strengthen corporate governance, says RBI report

The Reserve Bank emphasised it will endeavour to ensure a safe, sound and competitive financial system through its regulatory and supervisory initiatives

RBI releases report on trend and progress of banking in India: Highlights

Return on assets of SCBs improved from 0.2 per cent at end-March 2020 to 0.7 per cent at end-March 2021, aided by stable income and decline in expenditure, states the report

India 10-year bond yield at 20-month high; RBI support eyed

Traders said the rising global oil prices, heavy supply of bonds at the weekly auctions and high domestic retail inflation will all sustain the upward pressure on yields

RBI approves re-designation of Rajiv Anand as Axis Bank Deputy MD

The Reserve Bank of India has approved the re-designation of Rajiv Anand as the Deputy Managing Director of Axis Bank, the lender said on Monday. In October this year, the board of directors of the bank approved to re-designate Rajiv Anand as the Deputy Managing Director of the bank, subject to approval of the Reserve Bank of India, and the shareholders of the bank. "The Reserve Bank of India vide its letter dated December 27, 2021, has approved the re-designation of Rajiv Anand as the Deputy Managing Director of the bank from the date of its communication and co-terminus with his approved term of appointment till August 3, 2022 (both days inclusive)," Axis Bank said in a regulatory filing. Anand is the Executive Director (Wholesale Banking) of the bank since December 2018. Anand, 55, had joined Axis Bank in May 2013 from its asset management arm, Axis Asset Management Co Ltd, where he was the Managing Director & CEO. Anand was appointed as a director of the bank in May 2016 and .

RBL CEO Ahuja goes on leave after RBI appoints additional director to bank

Ahuja's leave coincides with RBI appointing one of its chief general managers, Yogesh Dayal, as an additional director in the bank for a period of two years

Central Bank likely to be out of PCA framework in some three months

State-owned lender may also get capital infusion before the govt sets up privatisation.

RBI devolves bonds in auction, dodges market demand for higher yields

Central bank signals that it is no longer willing to continue with its easy money policy

Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra

Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.

Corporate-promoted NBFCs can have 15% stake in banks, with increase in cap

Banking experts said the move to increase non-promoter shareholding would help lenders with greater access to capital

The Opposition missed the real hot button issue: inflation

In the last 20 years or so, the opposition parties have been more concerned with posturing rather than the national interest.

RBI imposes penalty of Rs 1 cr each on One Mobikwik, Spice Money

'It was observed that the entities had not complied with the directions issued by RBI on net-worth requirement for Bharat Bill Payment Operating Units,' says RBI

RBI extends card tokenisation rule by 6 months after industry request

Tokenisation refers to the technology of substituting sensitive card data with random numbers

Building a brave new world of banking

The differentiated banking model, therefore, has been far from convincing and may take more time to stabilise

RBI extends card tokenisation deadline by six months to June 30, 2022

The earlier deadline was December 31, 2021

What is Securitisation?

RBI changed the norms for securitisation of assets this year. The holding period before an asset is securitised was reduced from 12 months to 6 months. But what is securitisation? Here's an explainer