Page 143 - Latest Updates on Reserve Bank of India
Free grain under NFSA: States to save on food bill, lose political mileage
Food subsidies are a major portion of subsidies provided by states
 "Free grain under NFSA: States to save on food bill, lose political mileage")
RBI to migrate payments fraud reporting module to Daksh on January 1
Reporting on the existing Electronic Data Submission Portal (EDSP) to stop completely once migration happens
 "RBI to migrate payments fraud reporting module to Daksh on January 1")
India may need some durable liquidity infusion: MPC member Ashima Goyal
In a Q&A, she says the majority opinion is that the country has handled the turbulence well and can do so again, though the probability is low in the immediate future
 "India may need some durable liquidity infusion: MPC member Ashima Goyal")
2022: A banking year marked by three Cs
The relentless fight against Cryptocurrencies, CBDC taking baby steps, and bank Credit growth at a decadal high
In current milieu, invest in schemes with shorter duration: Manish Banthia
We believe the RBI will pause rates for a longer period after the rate hikes are over. This is a typical attribute of an economy in mid-cycle; a phase India is in currently, says Manish Banthia
 "In current milieu, invest in schemes with shorter duration: Manish Banthia")
RBI's forex reserves fall for first time in five weeks to $563.50 bn: Data
RBI likely resumed dollar sales to shield rupee from excess volatility
 "RBI's forex reserves fall for first time in five weeks to $563.50 bn: Data")
India's economic growth 'extremely fragile', needs support: RBI MPC member
India's economic growth is now 'extremely fragile' and needs all the support as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee member Jayanth R Varma said
 "India's economic growth 'extremely fragile', needs support: RBI MPC member")
How to lock smartly into bank FDs as rates peak over next 2-3 quarters
Consider laddering to ensure liquidity and to avoid reinvestment risk
 "How to lock smartly into bank FDs as rates peak over next 2-3 quarters")
Benchmark yield at 1 month high as RBI worry over inflation hurts sentiment
The benchmark 10-year yield ended at 7.3164%, the highest since Nov. 21 and after ending at 7.2867% on Wednesday
 "Benchmark yield at 1 month high as RBI worry over inflation hurts sentiment")
Launch of digital rupee a historic milestone, says RBI executive director
Terming the launch of digital rupee a historic milestone, RBI executive director said the currency would bring in a lot of operational efficiency in the system and will foster financial inclusion
I'm sometimes reminded I'm supposed to have done history; I don't mind: Das
RBI Governor Shaktikanta Das on Wednesday replied to the 'history major central bank governor' taunt faced by him
 "I'm sometimes reminded I'm supposed to have done history; I don't mind: Das")
Finance sector suffers from 'hyperactive regulatory activity': M Damodaran
Speaking at the summit, the former bureaucrat added the need for specialised talent in the regulatory bodies, ranging from lawyers to accountants and auditors
 "Finance sector suffers from 'hyperactive regulatory activity': M Damodaran")
All entities providing banking service subject to same rules: RBI Dy Guv
Non-bank entities cannot be allowed to undermine the banking system, he says at Business Standard BFSI Insight Summit
 "All entities providing banking service subject to same rules: RBI Dy Guv")
BFSI Summit: Credit growth not exuberant, shows economic strength, says Das
'Loan-deposit growth gap due to base effect; high-frequency indicators in green zone'
 "BFSI Summit: Credit growth not exuberant, shows economic strength, says Das")
RBI governor Shaktikanta Das against pausing rate hikes: MPC minutes
MPC minutes show Das saying that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of monetary policy would be counterproductive
 "RBI governor Shaktikanta Das against pausing rate hikes: MPC minutes")
Top Headlines: Upturn in capex cycle, formal job creation falls, and more
Business Standard brings you the top headlines at this hour
See upturn in capex cycle, growth momentum to pick up: RBI report
'Can't let our guard down on inflation'
RBI sold $922 million in foreign exchange market in October: Bulletin
Forward purchase book shrinks $10 bln as RBI spreads out interventions
 "RBI sold $922 million in foreign exchange market in October: Bulletin")
Outward remittance under LSR dips 28% to $1.92 bn in Oct, shows RBI data
International travel contributed over $970 million or 50 per cent of $1.92 billion remitted by Indians in October 2022
 "Outward remittance under LSR dips 28% to $1.92 bn in Oct, shows RBI data")
In a U-turn, outstanding NRI deposits rise in October, shows RBI data
In July, the RBI took steps to enhance fresh inflows into NRI deposit accounts
 "In a U-turn, outstanding NRI deposits rise in October, shows RBI data")