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Markets could consolidate at current levels: Harshad Patil, Tata AIA Life

The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said

Avoid arbitrary regulation

RBI's micro-management of corporate lending must end

Here's what you can expect from RBI's Monetary Policy

Zomato sets up payments aggregator in compliance with RBI guidelines

The company's Red Herring Prospectus in July had mentioned this development; the wholly-owned arm has an initial capital of 10,000 equity shares of Rs 10 each

RBI extends deadline for shifting of current accounts till Oct 31

Banks in the interim had frozen thousands of accounts on the credit side

Stick to regulated entities for short-term personal loans: Analysts

Avoid online platforms that charge exorbitant interest rates

RBI's MPC begins deliberations, may maintain status quo on interest rate

Headed by the RBI Governor, the six-member MPC also includes three external members.

IndusInd Bank gets empanelled as Agency Bank to RBI

IndusInd Bank on Tuesday said it has been empanelled by Reserve Bank of India (RBI) to act as an 'Agency Bank' to facilitate transactions related to government businesses.

Inflation risks

RBI should give a near-term road map for policy normalisation

Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman

FM said they are taking necessary measures to ensure orderly functioning of the stock markets and maintain macro-financial stability

RBI imposes Rs 6 lakh penalty on Hewlett-Packard Financial Services

The RBI on Tuesday said it has imposed a penalty of Rs 6 lakh on Hewlett-Packard Financial Services (India) Private Ltd, Bengaluru for non-compliance with certain directions issued by it.

Bengaluru police, RBI and banks join hands to check bank frauds

A complaint lodged with the police will immediately be alerted to banks and payment gateways who can stop the transaction mid-way

RBI imposes Rs 50.35 lakh penalty on Janalaxmi Co-operative Bank

Reserve Bank of India on Monday said it has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements. The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks' and 'Membership of Credit Information Companies (CICs)'. A statutory inspection conducted by RBI with reference to the bank's financial position as on March 31, 2019 and the inspection report pertaining thereto, and examination of all related correspondence revealed non-compliance with the directions, it said in a statement. RBI has also imposed a penalty of Rs 3 lakh on the Noida Commercial Co-operative Bank, Ghaziabad. In a separate statement, the central bank said the inspection report of the co-operative bank based on its financial position as on March 31, 2019 revealed that it failed to adhere to the provisions relate

Experts see status quo, will read between lines: BS monetary policy poll

Retail inflation came at 6.30 per cent in May, and 6.26 per cent in June -- both above the upper limit of the RBI's target

No agenda listed for FSDC's next meet, FinMin expresses surprise

Regulators fail to come up with issues to discuss at FSDC sub-committee meeting this month

Expect a no-action policy, focused on growth

If growth picks up in the second half of the year, February is the earliest we may see the RBI changing its stance by raising the reverse repo rate

Regulations key to orderly growth of microfinance

The RBI's CD defines microfinance clients based on the current household income limit applicable for NBFC-MFIs

RBI's new rules on interchange fee, 24/7 bulk clearing facility functional

The Reserve Bank of India's new directions on raising interchange fee and making available the facility of bulk clearing round the clock have become effective from Sunday onwards.

RBI likely to maintain status quo on interest rate amid fears of third wave

The Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy.

Macroeconomic data, RBI policy to drive markets this week, say analysts

Domestic equity markets would be driven by macroeconomic data, quarterly earnings, and RBI interest rate decision this week, analysts said. Global trends and the pace of vaccination would also guide the local equities, they added. "In the week ahead, the key event in the domestic market will be the announcement of RBI's monetary policy decision. To give a view on economic recovery, the market awaits the release of manufacturing and service PMI data," said Vinod Nair, Head of Research at Geojit Financial Services. Among major earnings announcements, HDFC, PNB, Adani Ports and Special Economic Zone, Bank Of India, Bharti Airtel, State Bank Of India, and M&M would release their financial results. Nirali Shah, Head of equity research, Samco Securities, said, "The RBI's MPC meeting is scheduled for the coming week. Auto sales numbers, PMI figures along with the result season will continue to drive stock specific movements on D-Street." "Macroeconomic data, pace of vaccination and ...