Page 109 - Latest Updates on Reserve Bank of India
FSDC-SC resolves to remain vigilant against external vulnerabilities
RBI Governor Shaktikanta Das-headed Sub-Committee of the Financial Stability and Development Council (FSDC-SC) on Monday resolved to remain vigilant against any build-up in vulnerabilities
 "FSDC-SC resolves to remain vigilant against external vulnerabilities")
RBI's liquidity withdrawal pushes bank CD issuances to 3-month high
Banks raised over 350 billion rupees ($4.24 billion) via CDs in the fortnight ended Aug. 25, data from CCIL's F-Trac platform showed
 "RBI's liquidity withdrawal pushes bank CD issuances to 3-month high")
ESG is sensible; it means doing business the right way: Sankar Chakraborti
'The ESG concept is relatively new compared to conventional risk-management frameworks'
 "ESG is sensible; it means doing business the right way: Sankar Chakraborti")
Another weak week: Indices end in losses over 5 trading sessions again
Inflation concerns make mood sombre on the Street
 "Another weak week: Indices end in losses over 5 trading sessions again")
Weekly G-Sec auction: Cut off yield on 5 year bond higher than 10 year
The benchmark 10-year government bond yield settled at 7.20 per cent, while the new 10-year bond yield settled at 7.18 per cent
 "Weekly G-Sec auction: Cut off yield on 5 year bond higher than 10 year")
RBI guv Shaktikanta Das asks NBFCs to reduce reliance on bank borrowing
Cautions on risk with unsecured lending; Remain alert against complacency
RBI raises small value payment transaction limit in offline mode to Rs 500
The total limit for offline transactions on a payment instrument, however, remains Rs 2,000
 "RBI raises small value payment transaction limit in offline mode to Rs 500")
Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Chandrayaan-3 on moon, vegetable prices to ease, and more")
Liquidity continues to be in deficit, banks expect RBI repo auction
Liquidity in system went into deficit mode on Tuesday for the first time in this Financial Year
 "Liquidity continues to be in deficit, banks expect RBI repo auction")
Rupee appreciates by 25p to settle at three week high of Rs 82.69
The local currency had hit the all-time low closing level of 83.15 per US dollar on Thursday on the back of rise in US Treasury yields
 "Rupee appreciates by 25p to settle at three week high of Rs 82.69")
Vegetable prices might ease from September led by tomato: RBI Governor Das
"Will guard against second round effect of price rise"
 "Vegetable prices might ease from September led by tomato: RBI Governor Das")
Outward remittances under RBI's LRS rise 50% to $9.1 billion in Q1
According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in the same quarter last year
 "Outward remittances under RBI's LRS rise 50% to $9.1 billion in Q1")
GDP growth to be higher than RBI's estimate of 8% for June qtr: Economists
The country's real GDP growth in the first quarter will be better than the Reserve Bank's estimate of 8 per cent, economists said on Tuesday.
 "GDP growth to be higher than RBI's estimate of 8% for June qtr: Economists")
Analysts see bond yields hitting 7.5% in near-term; how should you invest?
Over the past one month, the yields on 10-year government bonds have risen 14.7 basis points to 7.218 per cent in India, while they have touched a 17-year high of 4.35 per cent in the US
 "Analysts see bond yields hitting 7.5% in near-term; how should you invest?")
BS Policy & Politics: Food-driven retail inflation may cool only in Sept
Cereals, pulses and milk were other food items to push up the rate of price rise in July, prompting the government to take more measures to tame prices
 "BS Policy & Politics: Food-driven retail inflation may cool only in Sept")
Economy likely to expand by around RBI's projection of 8% in Q1, FY24
Various analysts that Business Standard spoke to put GDP growth in the range of 7 to 8.5 per cent for Q1 of FY24
 "Economy likely to expand by around RBI's projection of 8% in Q1, FY24")
Inflation pressures warrant government, central bank vigilance: FinMin
The ministry's comments come weeks after data showed retail inflation in July rose to its highest in 15 months, as vegetable and cereals prices skyrocketed
 "Inflation pressures warrant government, central bank vigilance: FinMin")
SBI Fund Management turns to cash on bets RBI will hike rates further
The assessment makes it one of the very few money mangers to call for a rate increase, with most market players just pushing back the rate-cut bets to later next year
 "SBI Fund Management turns to cash on bets RBI will hike rates further")
Banking system's liquidity slips into deficit for first time in FY24
Banking system liquidity stood at a deficit or 236 billion rupees ($2.84 billion) as of Aug. 21, according to RBI data
 "Banking system's liquidity slips into deficit for first time in FY24")
Short-term govt bond rates harden after incremental CRR guidelines
The yield on the one-year and two-year government bonds has edged up 8 basis points and 4 basis points respectively since August 10
 "Short-term govt bond rates harden after incremental CRR guidelines")