Page 189 - Latest Updates on Reserve Bank of India
Shifting cycle
Investors should be prepared for further turmoil
 "Shifting cycle")
RBI approves former IOB chief Subramaniakumar as CEO of RBL Bank
Industry veteran started his career with Punjab National Bank and his new role is for three years.
 "RBI approves former IOB chief Subramaniakumar as CEO of RBL Bank")
Credit card linkage to UPI: Uncertainty over pricing leaves players in dark
There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa, Mastercard, American Express, etc
 "Credit card linkage to UPI: Uncertainty over pricing leaves players in dark")
Focus on sustainable business model, governance: RBI tells SFBs in meeting
SFBs were advised to continue to evolve in tune with the differentiated banking licence given to them with proportionate growth in their capital base.
 "Focus on sustainable business model, governance: RBI tells SFBs in meeting")
Govt bond for Rs 33,000 crore sails through as RBI accepts bids
Signals central bank's comfort with yields
 "Govt bond for Rs 33,000 crore sails through as RBI accepts bids")
Bank stocks lag on concerns over treasury loss and slower growth
Higher interest rate, though, should help improve short-term margins and spread
 "Bank stocks lag on concerns over treasury loss and slower growth")
RBI policy effect: Loans to get more expensive as banks hike lending rates
ICICI, BoB take the lead; Kotak Bank ups deposit rates
 "RBI policy effect: Loans to get more expensive as banks hike lending rates")
RBI to come out with regulatory architecture on digital lending platforms
The Reserve Bank of India will soon come out with regulatory architecture for digital lending platforms, many of which are unauthorised and illegal, Governor Shaktikanta Das said on Thursday.
With month to go for card-on-file tokenisation, firms set up solutions
Merchants and other entities that have stored card details of customers will have to purge the data and apply tokenisation
 "With month to go for card-on-file tokenisation, firms set up solutions")
RBI is getting its way on policy rates. But how long will this last?
It will be interesting to see if Shaktikanta Das can keep his political masters in good humor. Or if his relationship with the government - like that of his two predecessors - will also start to fray
 "RBI is getting its way on policy rates. But how long will this last?")
Rising interest rates could weigh on valuations of Indian stock markets
Exporters, and low debt, non-capital-intensive businesses should do better
 "Rising interest rates could weigh on valuations of Indian stock markets")
Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
 "Opt for 3- to 6-month fixed deposits for now; lock in at higher rates later")
RBI joins global central banks, more hikes to follow
The Indian central bank has now gone back to the familiar script, in line with the global central banks
RBI's rate hike to push up costs: Realty, capital goods companies
Ramani Sastri, chairman and managing director (MD) of real estate firm Sterling Developers, said interest rates impact the cost of doing business
'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das
'With regard to breaching the inflation target framework, we will deal with it as and when the situation arises'
 "'We expect a hike in deposit rates', says RBI Governor Shaktikanta Das")
Most e-lending apps not registered with RBI: Governor Shaktikanta Das
The RBI website has a list of apps that are registered with it on the website, the governor said
 "Most e-lending apps not registered with RBI: Governor Shaktikanta Das")
Policy signals calibrated tightening
During the gradual transition to a neutral stance, maybe over the next couple of months, liquidity management will play an important role in transitioning the WACR closer to the repo rate
RBI monetary policy: Missing inflation mandate now a 'fait accompli'
Consumer price index-based inflation, the yardstick of the RBI in monetary policy making, was, on average, above 6 per cent during the January-March quarter
 "RBI monetary policy: Missing inflation mandate now a 'fait accompli'")
RBI allows credit cards to be linked to UPI; marks shift from 'pay now'
Initially, home-grown card network Rupay Credit cards will be linked with UPI
 "RBI allows credit cards to be linked to UPI; marks shift from 'pay now'")
RBI ups limits on housing loans from co-op banks, backs affordable housing
The RBI monetary policy committee, in its policy review, decided to permit the rural cooperative banks (RCBs) to finance residential real estate projects
 "RBI ups limits on housing loans from co-op banks, backs affordable housing")