Page 145 - Latest Updates on Reserve Bank of India
Ex-RBI Guv Raghuram Rajan predicts difficult year ahead for Indian economy
Rajan also pitched for creating a conducive environment for small and medium-scale industries and giving a push to a green revolution in the field of sustainable energy
 "Ex-RBI Guv Raghuram Rajan predicts difficult year ahead for Indian economy")
RBI advises fintechs to focus on governance, data protection issues
Das advised fintechs to pay close attention to governance, business conduct, data protection, customer centricity, regulatory compliance and risk mitigation frameworks
 "RBI advises fintechs to focus on governance, data protection issues")
G20 meet: Infra to sustainable finance, global headwinds take centre stage
The ministry and the Reserve Bank of India (RBI) are jointly co-hosting the FCBD meeting
 "G20 meet: Infra to sustainable finance, global headwinds take centre stage")
RBI removes informal restrictions on rupee NDF trades, says report
The central bank had in October informally communicated to banks to halt building new positions in the NDF market to manage the rupee's volatility
 "RBI removes informal restrictions on rupee NDF trades, says report")
Nov inflation down, RBI's rate hike in Feb could be modest: CARE Ratings
With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings do not expect any downtrend in the retail inflation for the next few months
 "Nov inflation down, RBI's rate hike in Feb could be modest: CARE Ratings")
Reserve Bank of India removes informal NDF restrictions on banks: Report
India's central bank has lifted informal restrictions placed on banks for trading in the non-deliverable forward market (NDF)
 "Reserve Bank of India removes informal NDF restrictions on banks: Report")
Real rates turn positive as inflation eases; peak in sight: Report
India's real interest rate has turned positive after headline retail inflation eased below 6% for the first time this year, analysts said, suggesting that the peak policy rate is now close
 "Real rates turn positive as inflation eases; peak in sight: Report")
Signs of global slowdown: Export credit demand shrinks 25% YoY in October
The data released by the Reserve Bank of India (RBI) showed a fall in export credit even though the bank credit saw a robust growth of 18 per cent
 "Signs of global slowdown: Export credit demand shrinks 25% YoY in October")
Memoirs of an economic savant
C Rangarajan's book is a superb record of the economic history of the initial years of reform
RBI imposes penalty on 13 cooperative banks for breaching regulatory norms
The Reserve Bank of India on Monday announced penalties on 13 cooperative banks for contravention of various regulatory norms
Digital lending apps: RBI received 13,000 complaints against banks, NBFCs
The grievances, filed under RBI's integrated ombudsman scheme of 2021 between April 2021 and Nov 2022, also cite harassment by recovery agents
Govt not to make RBI report on MPC's first-ever inflation failure public
MPC is said to have failed to achieve inflation target if average CPI inflation falls outside 2-6% range for three straight quarters. This was the case in the three quarters from Jan to Sept of 2022
Forex reserves at a three-month high; $11 billion added in a week
Reserves rise for 4th straight week on revaluation, likely RBI dollar purchases
 "Forex reserves at a three-month high; $11 billion added in a week")
Revised RBI guidelines on securitisation likely to impact short-term loans
But they are unlikely to disrupt the securitisation market as such loans constituted only 5% of the total securitisation volume in H1FY23
 "Revised RBI guidelines on securitisation likely to impact short-term loans")
Wide gap between bank credit and deposit growth seen declining
Lower GDP growth, RBI rate hikes, reversal of base effect to blunt credit growth, analysts say
 "Wide gap between bank credit and deposit growth seen declining")
Curb on securitising short-term maturity loans may hurt micro loan biz
Change required by the central bank could make a certain portion of loan books ineligible for securitisation
 "Curb on securitising short-term maturity loans may hurt micro loan biz")
Top Headlines: IDBI stake sale, comprehensive package for Vi, and more
Queries shows a strong interest in the proposed IDBI transaction
 "Top Headlines: IDBI stake sale, comprehensive package for Vi, and more")
Consumer-facing firms see no 'immediate impact' of RBI's rate hike
Shashank Srivastava, senior executive officer (sales and marketing) at Maruti Suzuki India, said that though higher retail loan rates could adversely impact demand, the industry would have to wait
 "Consumer-facing firms see no 'immediate impact' of RBI's rate hike")
RBI rate hike may halt rally in BFSI sector, pressure on bank NIMs seen
Broader markets, especially automobile stocks, may also react negatively going ahead
 "RBI rate hike may halt rally in BFSI sector, pressure on bank NIMs seen")
No pause in sight: A 25-basis-point rate increase in Feb can't be ruled out
The key takeaway from the governor's 3,000-word statement is 'the battle against inflation is not over'