Page 18 - Shaktikanta Das

RBI allows offline payments of up to Rs 200 through cards on pilot basis

The scheme is aimed at encouraging customers to opt for digital payments even in those places where the internet connectivity is poor

RBI governor announces 'positive pay' feature to help avert cheque frauds

Under the 'positive pay' system, a customer who issues the cheque clicks a picture of the cheque before handing it over to the beneficiary and uploads the same on the bank's mobile application

No current accounts for clients with cash credit, overdraft facilities: RBI

In a notification, the central bank said that rather than opening a new current account, all transactions should be routed through Cash Credit (CC) or OverDraft (OD) account

Easy liquidity led to faster money transmission, helped private sector: RBI

The RBI since February 2019 has slashed the benchmark lending rate by 250 basis points (bps). Of this, 115 bps cut has taken place this year

Easy liquidity policies have helped NBFCs, aided faster transmission: Das

There has been a criticism that the excess liquidity framework helps lower the cost of borrowing for the government as the yields on bonds go down

RBI adds glitter to gold, allows 90% loans against jewellery till Mar 2021

At present, loans sanctioned by banks against pledge of gold ornaments and jewellery is up to 75% of the value of such items

RBI holds rates amid rising inflation: Key announcements and takeaways

Here are 10 key takeaways from the RBI governor's presser

Pragmatic view taken by the RBI; still expect rate cuts going ahead

The repo rate call was a tough one to take considering that inflation is high and at the upper level of the band

RBI monetary policy review: Repo rate unchanged at 4%; stance accommodative

Lenders allowed to provide a restructuring facility on some loans that were standard as on March 1 this year

RBI monetary policy: Rate cut too close to call on CPI risks, says survey

Governor Das has recently turned his attention toward the fragile financial sector amid forecasts for a sharp rise in bad loans

Rate cut unlikely but a dovish policy on the cards

For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action

The not so green shoots of rural revival

Rural rebound and its role in reviving the economy are overstated

Top Headlines: Divestment of 23 PSUs, pay cuts at IndiGo, and more

Here are the top business headlines on Tuesday morning

Not just banks, find other ways to finance infra, RBI guv tells India Inc

Lists progress achieved in infra space in past five years, stresses that funding of $4.5 trn by 2030, as estimated by NITI Aayog, cannot be done by banks alone

Make the most of emerging shifts in economy, RBI's Das to industry captains

RBI governor favours a domestic free trade in agriculture, says policies undertaken by govt should be able to encourage private investment in supply chain infra

RBI reserves to recap banks amid economic slowdown? Experts divided

Reserve Bank of India (RBI) Governor Shaktikanta Das last week said banks should not wait for any event to happen, but actively raise capital to ensure financial resilience.

Repayment rules

Avoid blanket extension of loan moratorium

LIVE: Assam flood affects over 600,000 people, death toll stands at 66

RBI is engaged with all stakeholders for resolution for Punjab and Maharashtra Cooperative Bank," Shaktikanta Das said. Stay tuned with Business Standard for the latest news of today

Assumption of rate cut delivering growth simply not working: Rathin Roy

Rathin Roy expresses concern on the collateral free lending scheme as not making the cut from a regulations perspective.

Banks must raise capital well in time to build resilience: RBI Governor

Building buffers and raising capital (for all kind of banks) will be very crucial for credit flow and resilience in financial system, says Shaktikanta Das