Page 117 - Latest Updates on Reserve Bank of India
Banks seek RBI's clarification on fresh funding to wilful defaulters
Banks typically calculate the net present value (NPV) of the security and compare it with the settlement amount, which is mostly in cash
 "Banks seek RBI's clarification on fresh funding to wilful defaulters")
India will be among fastest growing economies in 2023: RBI Governor
RBI Governor Shaktikanta Das on Tuesday expressed confidence that India will be among fastest growing economies in the world in 2023 which would grow at the rate of 6.5 per cent in the current fiscal
 "India will be among fastest growing economies in 2023: RBI Governor")
Disinflation process may be slow, protracted: RBI governor Shaktikanta Das
Das says India likely to remain among the fastest growing economies this year
 "Disinflation process may be slow, protracted: RBI governor Shaktikanta Das")
Sizzling rally in Indian property stocks seen extending over cuts on rates
The NSE Nifty Realty Index has gained 36% since a March-low as cooling inflation allowed the Reserve Bank of India to keep rates on hold
 "Sizzling rally in Indian property stocks seen extending over cuts on rates")
India's inflation is higher than other key developing economies, shows data
In its outlook on inflation last week, the RBI maintained that the headline inflation is to be shaped by food price dynamics
 "India's inflation is higher than other key developing economies, shows data")
Productivity growth critical for recovery of emerging economies: Patra
Michael Patra, in a speech delivered at the Sixth Asia KLEMS Conference on Sunday, said it is widely believed that structural slowdown has been spreading across the global economy after growth peaked
 "Productivity growth critical for recovery of emerging economies: Patra")
FLDG guidelines: Digital lending industry seeks increase in default cover
Several players say default cover of up to 5% of loan portfolio may not be enough when compared to 100% offered by companies to banking partners earlier
 "FLDG guidelines: Digital lending industry seeks increase in default cover")
RBI to levy penalties on banks that lose property papers of loan seekers
Banks may have to compensate borrowers and also pay a penalty if they lose the original property documents of loan seekers
 "RBI to levy penalties on banks that lose property papers of loan seekers")
Consumers as political bellwether: What duality in sentiment may mean
If inflation cools, employment improves, and growth is above average, it is possible the current consumer confidence level will cross 100 again, for the first time since 2019, writes T N Ninan
 "Consumers as political bellwether: What duality in sentiment may mean")
Going to the bank with Rs 2,000 notes? Things you should keep in mind
The I-T department is keeping a close watch on cash transactions that deposit more than Rs 10 lakh in a saving account or more than Rs 50 lakh in current accounts
 "Going to the bank with Rs 2,000 notes? Things you should keep in mind")
RBI needs monsoon to deliver before weighing rate cuts in next MPC meet
The weather announcement on Thursday provided some relief to the rate-setters and millions of farmers across India, but the concerns are not quite over
 "RBI needs monsoon to deliver before weighing rate cuts in next MPC meet")
RBI not planning to issue norms to regulate social media influencers
The Advertising Standards Council of India has laid down guidelines for influencers, who can influence purchasing and investing decisions
Monetary policy review: CBDC QR codes likely to be interoperable with UPI
RBI plans to have 1 mn active customers by June-end
 "Monetary policy review: CBDC QR codes likely to be interoperable with UPI")
RBI to come out with guidelines regarding fraud account classification
The Reserve Bank will 'shortly' come out with revised guidelines on fraudulent account classification to take into account the recent apex court order that asked lenders to ensure natural justice
 "RBI to come out with guidelines regarding fraud account classification")
RBI MPC LIVE updates: Roughly 50% of Rs 2000 notes have come back, says Das
RBI MPC Policy LIVE: Catch live updates from RBI's monetary policy announcement here
 "RBI MPC LIVE updates: Roughly 50% of Rs 2000 notes have come back, says Das")
50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das
RBI governor Shaktikanta Das added that out of all the notes that have been coming back, 85 per cent have come back in the form of bank deposits
 "50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das")
Indian shares rise after RBI keeps repo rate unchanged at 6.5% in MPC meet
The Indian rupee remained mostly unchanged after the policy decision, while the benchmark 10-year bond yield rose to 7.01%
 "Indian shares rise after RBI keeps repo rate unchanged at 6.5% in MPC meet")
RBI MPC: When and where to watch policy announcement by Shaktikanta Das
RBI monetary policy: In April, the MPC had decided to pause the repo rate hike for the first time since May 2022
RBI policy 2023: A look at the existing repo rate, trends and other figures
RBI policy: Shaktikanta Das will announce the MPC decision today at 10 am
Stocks to Watch today, June 8: Banks, Auto, Lemon Tree, Adani Ent, Titagarh
Stocks to Watch on June 8, 2023: Shares of banks, automobile, and real estate companies could see considerable action in Thursday's session as the Reserve Bank of India (RBI) is slated to announce its
 "Stocks to Watch today, June 8: Banks, Auto, Lemon Tree, Adani Ent, Titagarh")