Page 24 - Rbi

Top headlines: RBI monetary policy; test to screen multiple Covid variants

India Inc finances face a threat from the rise in interest rate in recent months. More on that story in our top headlines.

Stay the course

RBI should not stop the normalisation process

MPC meet: RBI to remain cautious at next policy meeting, says expert

In case of the real growth trajectory, the trend GDP after the Covid shock continues to remain flat.

RBI action may derail revival plans of Reliance Capital's subsidiaries

Authum's plan to acquire Reliance Home Finance and RCFL awaits RBI nod

The wrong regulator for fintech

There has to be accountability for the central bank's errors in the past

The tech holes that ensure that crypto can never be effectively banned

It is estimated that $1.25 billion worth of cryptocurrency transactions have happened on decentralised finance platforms from India

RBI new norms likely to increase NBFCs bad loans by one-third: Study

Last month, the RBI had provided clarification on income recognition asset classification and provisioning (IRAC) norms for banks, NBFCs and All-India Financial Institutions

Bank credit grows 7% by mid-November, shows RBI data

The outstanding credit of commercial banks stood at Rs 111.62 trillion, up from Rs 10.4.34 trillion a year ago

RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital

In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

The vital third tier

Local governments must be strengthened

RBI initiates insolvency proceedings against Reliance Cap at NCLT, Mumbai

RBI, which superseded the Reliance Capital board on Monday, filed an applicated at NCLT, Mumbai

Despite privatisation of PSU banks, low-cost banking needs digital approach

The scope of banking is much more than can be read from the current rate of credit growth to industry, which has only picked up to 4.1% in October 2021 from a contraction of 0.7% a year ago

You can now buy sovereign gold on RBI Retail Direct Portal also

Subscription of the Sovereign Gold Bond Scheme 2021-22 - Series VIII is currently open

Where does India stand on central bank digital currency?

Sixteen of the 90 countries in the world are in the pilot stage of central bank digital currencies

States improve fiscal position, but local bodies still suffer: RBI report

Covid worsened finances of local govts in 2020-21 and 2021-22; local authorities would lose 15-25% of their revenues in 2021, which may make maintenance of current level of service delivery difficult

Amid low inflation, CEA sees no impact on RBI policy as Fed turns hawkish

Monetary policy will not have to be in conflict with fiscal policy in India, as opposed to other economies, says K V Subramanian

HDFC, Bajaj Finance hike rates on long term deposits ahead of RBI meet

India's largest mortgage lender, HDFC Ltd, hiked its long-term rates by upto 15 basis points (bps)

Top headlines: Omicron variant scare; GDP passes pre-Covid level

Vaccine makers in India say they can scale up production to deal with new crises. More on that in our top headlines.

RBI appoints three-member advisory committee to assist RCap's administrator

The regulator appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, administrator of the company.

RBI probe found liabilities swelling, but capital eroding rapidly at RCap

The RBI had kept the firm in constant watch as part of its informal asset quality review, and carried out regular inspections