Page 25 - Rbi

Non-food bank credit grows at 6.9% in October, shows RBI data

Personal loans continued to grow at a robust rate of 11.7 per cent in October 2021 vis-a-vis 8.7 per cent in October 2020

LIVE: Existing restrictions and relaxations in WB to continue till Dec 15

All outdoor activities, including movement of people and vehicles shall continue to be prohibited between 11 pm to 5 am

Reliance Capital to "fully co-operate" with RBI; stock at 5% lower circuit

The Company has no outstanding loans from banks and approximately 95 per cent of its debt is in the form of debentures, it said

CoinDCX, India's first crypto unicorn, plans IPO 'as soon as' govt allows

Indian regulators have gone back and forth on their stance toward the burgeoning crypto industry.

RBI supersedes Reliance Capital board, says firm to go for insolvency soon

The RBI has appointed Nageswar Rao Y, former executive director of Bank of Maharashtra, administrator of Reliance Capital

Why RBI move to supersede Reliance Capital board is par for the course

The dire financial condition of RCap is emblematic of the decline of the Anil Ambani group in the last five-six years

LIC gets RBI's nod to increase stake in Kotak Mahindra Bank to 9.99%

According to the central bank norms, prior approval of the RBI is required to increase stake in private banks beyond 5%

Officials hope tough regulations could eventually let NBFCs into banking

RBI accepted 21 of 33 recommendations of internal working group, the key being allowing promoters to hold 26% in the bank they floated. RBI did not mention corporate and NBFC issues in its guidelines

Stable banking

Mixing financial and industrial power should be avoided

Draft amalgamation scheme insensitive and a cruel joke: PMC depositors

PMC assets sufficient to meet liabilities of all retail depositors, says Depositors Association

In India crypto won't be the first case of privately issued currencies

Since no one knows exactly what effect these privately issued currencies will have, the government is planning to pass a law on them in the forthcoming winter session of Parliament

RBI fines SBI Rs 1 crore for holding excess shares in borrower companies

SBI allegedly violated the 30% cap on holdings imposed under the Banking Regulation Act

RBI keeps on hold suggestion to give bank licence to big businesses

The RBI has so far issued eight bank licensing guidelines to harmonise the rules and regulations

Offtake in Metropolitan region lifts credit growth in H1FY22: RBI

YoY credit growth of the Metropolitan region, which accounts for over 60% of bank credit, rose from 1.7% this March to 4.6% in September

Exercise due diligence, avoid digital lenders that make borrowing too easy

The absence of due process-KYC, issuance of sanction letter and loan agreement-should act as red flags

Do we really need 6k cryptocurrencies? Only a handful will survive: Rajan

Former RBI Governor's remarks come a day after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions

RBI puts curbs on Malkapur Urban Co-op Bank; caps withdrawals at Rs 10,000

The RBI imposed several restrictions, including a Rs 10,000 cap on withdrawals, on Malkapur Urban Co-operative Bank in Maharashtra due to deterioration in its financial position

RBI imposes penalties on Tata Communications Payment Solutions, Appnit

The penalties are based on "deficiencies in regulatory compliance"

RBI must keep rates low as long as needed to sustain growth: Assocham

It said that while concerns over inflation, especially in the Wholesale Price Index (WPI), need to be addressed, measures other than reversal of the accommodative stance should be encouraged

Interest rate cycle is turning, experts foresee gradual rise in loan costs

10-year bond yield may touch 6.5% soon, guided by orderly evolution motif of RBI