Page 187 - Latest Updates on Reserve Bank of India
Kerala not in 'debt trap'; RBI article ignored ground realities: state FM
Balagopal said those who prepared the report did not take into account the difficulties faced by his state due to outbreak of Covid-19 and Nipah and natural calamities like floods in 2018 and 2019
 "Kerala not in 'debt trap'; RBI article ignored ground realities: state FM")
YES Bank's plan to sell Rs 12,000-cr bad loans to ARC faces delay
RBI wants the bank to avoid any conflict of interest with the ARC as YES Bank plans to hold a minority stake in the same ARC
 "YES Bank's plan to sell Rs 12,000-cr bad loans to ARC faces delay")
The story behind the choice of RBL Bank CEO
Does this smack of the regulator's lack of confidence in the bank's board?
Regulatory engagement: A sine qua non
It is time for an engagement strategy document incorporating best practices of other central banks in key markets
RBI aims to make India a powerhouse of payments globally by 2025: Experts
The RBI came out with its 'Payments Vision 2025' document which also talks about ring-fencing of domestic payment systems, including the need to mandate domestic processing of payment transactions
 "RBI aims to make India a powerhouse of payments globally by 2025: Experts")
Millath cooperative bank's licence cancelled; depositors to get full amount
Karnataka lender doesn't have adequate capital or earning prospects, says RBI in statement.
Payments Vision 2025: RBI aims to regulate BigTech, FinTechs, BNPL services
Titled "Payments Vision 2025", this document aims to provide every user safe and affordable e-payment options
Defer, reschedule or switch loan if EMIs have increased: Experts
Here are four ways to deal with a rising EMI burden, all of which will, however, require hard negotiations with the lender
 "Defer, reschedule or switch loan if EMIs have increased: Experts")
India's foreign exchange reserves decline $4.6 billion to $596 billion
RBI has been selling dollars to curb any rapid depreciation of the rupee
 "India's foreign exchange reserves decline $4.6 billion to $596 billion")
Targeting 'soft landing' for economy: RBI governor Shaktikanta Das
He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curv
 "Targeting 'soft landing' for economy: RBI governor Shaktikanta Das")
Forex reserves down $4.5 billion to $596.4 billion, shows RBI data
During the week ended June 10, the fall in the forex reserves was on account of a dip in Foreign Current Assets (FCAs), a major component of the overall reserves
 "Forex reserves down $4.5 billion to $596.4 billion, shows RBI data")
RBI not behind curve, focus on inflation target could have been risky: Das
I feel that we are very much in line with the requirements of our time, the RBI has acted proactively: Shaktikanta Das
 "RBI not behind curve, focus on inflation target could have been risky: Das")
Will issue guidelines to make digital lending ecosystem safer: RBI Guv
Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous
 "Will issue guidelines to make digital lending ecosystem safer: RBI Guv")
Reserve Bank of India turns net buyer of dollars in April, shows data
According to the latest data, the RBI purchased $1.96 billion in April
 "Reserve Bank of India turns net buyer of dollars in April, shows data")
First tranche of 2022-23 gold bonds to open for subscription on June 20
The RBI further said that the second tranche (2022-23 Series II) will be available for subscription during August 22-26, 2022
 "First tranche of 2022-23 gold bonds to open for subscription on June 20")
Banks' gross NPA drop below 6% in March 2022, lowest in six years
Health of the sector is encouraging: Deputy guv
 "Banks' gross NPA drop below 6% in March 2022, lowest in six years")
India better placed to avoid stagflation risk, says RBI report
Paints an encouraging picture of economic activity gaining strength, with most GDP constituents exceeding their pre-pandemic levels
 "India better placed to avoid stagflation risk, says RBI report")
RBI increases limit of e-mandates for transactions up to Rs 15,000
Reserve Bank of India has, over the past decade, put in place various safety and security measures for card payments, including the requirement of AFA, especially for 'card-not-present' transactions
States showing warning signs of stress; need corrective action: RBI article
Observing that the slowdown in own tax revenue, a high share of committed expenditure and rising subsidy burdens have stretched state government finances already exacerbated by Covid, the article said
 "States showing warning signs of stress; need corrective action: RBI article")
India better placed than many others to avoid stagflation: RBI article
The article noted that global economic conditions continue to deteriorate as ratcheting up of commodity prices and financial market volatility have led to heightened uncertainty