Page 116 - Latest Updates on Reserve Bank of India
Attractive returns see retail investors prefer T-bills over govt bonds
Total subscriptions in the primary market surged to Rs 2,736 crore on September 18, from Rs 1,809 crore on April 3
 "Attractive returns see retail investors prefer T-bills over govt bonds")
Equity FDI into India declines sharply to $5.7 bn in April-July period
The net FDI, inflows minus outflows, declined from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023 on account of moderating gross FDI and a rise in repatriation
 "Equity FDI into India declines sharply to $5.7 bn in April-July period")
At 1.8 million, 5% Canadians have the Indian heritage: Census data
The total number of people of ethnic Indian origin in Canada was 1.8 million at the time of the last census in 2021
 "At 1.8 million, 5% Canadians have the Indian heritage: Census data")
Sashidhar Jagdishan re-appointed as HDFC Bank MD & CEO for next three years
In March 2023, HDFC Bank board had recommended the re-appointment of Jagdishan for a period of three years
 "Sashidhar Jagdishan re-appointed as HDFC Bank MD & CEO for next three years")
RBI okays re-appointment of Sashidhar Jagdishan as CEO of HDFC Bank
Sashidhar Jagdishan has been re-appointed for three years, commencing on from October 27 to October 26, 2026
 "RBI okays re-appointment of Sashidhar Jagdishan as CEO of HDFC Bank")
Are private sector executives better than bureaucrats for regulators' job?
Former RBI Governor Bimal Jalan said it is better if the person's expertise is considered than whether he/she is a bureaucrat or a private sector executive
 "Are private sector executives better than bureaucrats for regulators' job?")
Old pension scheme 4.5 times more costly than the existing NPS: RBI Study
The RBI report comes at a time when five states - Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have announced their return to the OPS for government employees
 "Old pension scheme 4.5 times more costly than the existing NPS: RBI Study")
Advance tax payments push the banking system liquidity into deficit
"The estimates are that around Rs 90,000 crore to Rs 1 trillion will go out as goods and services tax (GST) outflow," a dealer at a primary dealership said
 "Advance tax payments push the banking system liquidity into deficit")
States reverting to OPS poses significant fiscal risks: RBI paper
However, the RBI clarified that the views expressed in the article are "those of the authors" and do not necessarily represent the views of the central bank
 "States reverting to OPS poses significant fiscal risks: RBI paper")
Reserve Bank of India net-purchased $3.5 bn foreign currency in July
The rupee depreciated by 0.3 per cent in July. In June, the RBI had recorded a net purchase of $4.5 billion in the spot market
 "Reserve Bank of India net-purchased $3.5 bn foreign currency in July")
Rearview mirror investing can be perilous in floating-rate funds
Investors should opt for them when rates are expected to climb, not now when they are largely over
 "Rearview mirror investing can be perilous in floating-rate funds")
Statsguru: Attracting foreign direct investment will need more effort
Attempts to encourage more companies to manufacture in India for the rest of the world may be bearing some fruit
 "Statsguru: Attracting foreign direct investment will need more effort")
Ten years since taper tantrum
If the exogenous pressures were the same across 2013 and 2022, why were outcomes so different across the two episodes?
 "Ten years since taper tantrum")
Sovereign Gold Bond: 5 reasons to buy SGB as subscription date ends today
Sovereign Gold Bonds (SGBs) are one of the best investment options for those investing in gold. Here are the five reasons to buy SGB series-II. The last date for an SGB subscription is September 15
 "Sovereign Gold Bond: 5 reasons to buy SGB as subscription date ends today")
India's outward FDI down 33.3% in August on grim global prospects
After declining for two months, outward FDI had increased sequentially to $1.8 billion in July 2023 compared to $1.07 billion in June, marking a rise of 73 per cent
 "India's outward FDI down 33.3% in August on grim global prospects")
RBI releases list of 15 NBFCs in upper layer under scale based regulations
All deposit-taking NBFCs and non-deposit-taking NBFCs with an asset size over Rs 1,000 crore are in the middle layer
 "RBI releases list of 15 NBFCs in upper layer under scale based regulations")
RBI says 15 large NBFCs to comply with enhanced regulatory requirements
Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements
Want to UPI now and pay later? Here's how to do UPI with less balance
The RBI has recently enabled transfers from pre-sanctioned credit lines at banks through the UPI network
 "Want to UPI now and pay later? Here's how to do UPI with less balance")
RBI releases list of NBFCs in upper layer under scale-based regulations
In terms of the framework, once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement, at least for a period of five years
RBI decides to include corporate bond under Held to Maturity category
Move to deepen corp bond market
 "RBI decides to include corporate bond under Held to Maturity category")