Page 8 - Rbi

RBI likely to revise inflation outlook as it extends rate pause: Economists

Expectations are for the RBI to revive open-market operations or resort to Operation Twists, wherein it buys longer bonds and sells shorter-dated notes, to support the market amid record debt supply

Banks miss Rs 50,000 crore bad loan transfer deadline of March 31 to NARCL

A total of 38 non-performing accounts - amounting to Rs 82,845 crore - were identified for transfer to NARCL, in a phased manner

As multiple crises hit, a case for fresh economic assessment to Parliament

Given the Covid-19 pandemic, and now the war in Europe, economists assert there could be a case for reviving the practice for the sake of fiscal transparency at least temporarily

RBI to wait at least until August to raise repo rate: Economists

Inflation has held above the RBI's 6% upper threshold so far this year, casting doubt on its current strategy of keeping rates low to bolster growth

Not activating countercyclical capital buffer: Reserve Bank of India

As per the RBI, the aim of the CCyB regime is two-fold

Reserve Bank of India imposes penalties on three cooperative banks

The Reserve Bank of India (RBI) on Monday imposed penalties totalling Rs 5 lakh on three cooperative banks for various non compliances. A penalty of Rs 2 lakh has been imposed on The Yashwant Cooperative Bank Limited, Phaltan for contravention of non-compliance with directions issued by it on Income Recognition, Asset Classification, Provisioning and Other Related Matters UCBs, the RBI said in a statement. In another statement, the central bank said a penalty of Rs 2 lakh has been imposed on Kokan Mercantile Co-operative Bank Ltd., Mumbai for similar non-compliance. The RBI has also imposed a penalty of Rs 1 lakh on the Samata Cooperative Development Bank Limited, Kolkata, for contravention of directions issued by it on 'Exposure Norms & Statutory/Other Restrictions-UCBs', the RBI said in a separate filing. In all the cases, the RBI said the penalities are based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or ...

'RBI to remain accommodative, leave all rates unchanged in April policy'

The comfort provided by the expected improvement in inflation was the anchor for the super-dovish February policy

Paid back PMC depositors Rs 3,800 crore: Centrum Group's Jaspal Bindra

This is more than two years after PMC went bust and the Reserve Bank of India (RBI) imposed restrictions on the amount the depositors can withdraw

BS policy poll: RBI likely to hike inflation forecast, say economists

Most respondents see status quo on repo, reverse repo and stance

RBI likely to maintain status quo on rates to support growth, say analysts

The RBI Governor-headed rate setting panel -- Monetary Policy Committee (MPC) -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8. The

India's forex reserves down by $2.03 billion to $617.648 billion

Continuing their downward trajectory for 3rd consecutive week, India's foreign exchange reserves declined by USD 2.03 billion to stand at USD 617.648 billion in week ended March 25, RBI data showed

Fair valuation of recap bond: PSBs stare at Rs 13,000 crore-hit

Govt will continue to factor in such impact for future capital infusion

NARCL chairman Pradip Shah quit before RBI nod: State Bank of India

After Shah stepped down, Subrata Biswas, a deputy managing director of SBI and one of the nominee directors of NARCL, was appointed as interim chairman

India will frame cryptocurrency law after global consensus: Report

India's central bank has openly voiced its opposition to private digital currencies.

Rupee drops 3.5% against dollar in FY22; fares better than global peers

The rupee depreciated 6.27% in the financial year 2013-14 when investors pulled out of emerging markets after the US Fed under Ben Barnanke spoke of possible financial tightening

Non-food credit growth accelerates to 8% in Feb: RBI data

For the current fiscal year till February 25, the non-food credit growth has accelerated to 6.2 per cent against 3.7 per cent for the same period of the last year

Investments must stand before they can run

Key flank of India's growth gambit runs into the knock-on effects of the Russia-Ukraine war

After 2021 boom, how 2022 could be a year of reckoning for Indian startups

After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations

Future Enterprises risks turning NPA by next quarter, say banking experts

FEL, which defaulted on payments to lenders and debenture holders in the last week of March, has a 30 day-curation period

RBI's MPC to meet 6 times next fiscal; first meeting scheduled for Apr 6-8

The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations