Page 194 - Latest Updates on Reserve Bank of India
Unexpected, but also unacceptable
Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy
 "Unexpected, but also unacceptable")
Limited impact
Tax cuts will not lower inflation significantly
 "Limited impact")
Explained: Do NBFCs have a better future than large, diversified players?
Non-banking financial companies may have entered a comfort zone years after having been put through the wringer
 "Explained: Do NBFCs have a better future than large, diversified players?")
Fintech regulation must be calibrated
Fintechs have leveraged the gaps in traditional financial institutions and processes to provide increased efficiency and productivity. They have been a vehicle of financial inclusion
 "Fintech regulation must be calibrated")
India looking at spending Rs 2 trillion more to fight inflation: Report
To fight the ongoing inflation in the global market, India is looking at spending an additional 2 trillion rupees and balance the national economy
 "India looking at spending Rs 2 trillion more to fight inflation: Report")
Small exporters feel the pain as Indian rupee slides to an all-time low
Weaker currency makes some customers to demand benefits or discounts, rue exporters
 "Small exporters feel the pain as Indian rupee slides to an all-time low")
RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs
Last year, the transfer of Rs 99,126 crore was for a nine-month period ended March 2021
 "RBI to transfer Rs 30K cr surplus to govt for FY22; lowest amount in 8 yrs")
Forex reserves down by $2.67 bn, stands at $593.2 bn till May 13: RBI data
The country's foreign exchange reserves declined by $2.676 billion to stand at $593.279 billion in the week ended May 13, RBI data showed on Friday.
 "Forex reserves down by $2.67 bn, stands at $593.2 bn till May 13: RBI data")
Top headlines: FDI at a high for FY22, SC transfers Gyanvapi case
Prudent Corporate is the third straight IPO to list at a discount after LIC and Rainbow Children's Medicare. The weak listings are on the back of a selloff in the secondary market
 "Top headlines: FDI at a high for FY22, SC transfers Gyanvapi case")
Apple to stop storing card information on file for Indian customers
This decision of not storing card information on file has been taken by the US tech giant Apple in light of the card data storage norms of the Reserve Bank of India (RBI) that will kick in shortly
 "Apple to stop storing card information on file for Indian customers")
RBI approves India, Sri Lanka trade settlement in rupee outside ACU
Regulatory nod only for State Bank of India's term loan of $1 billion for island nation battling economic crisis.
Best of BS Opinion: Global supply crunch, India's urbanisation and more
Here is the best of Business Standard's opinion pieces for Thursday
 "Best of BS Opinion: Global supply crunch, India's urbanisation and more")
Central banks and the rule of law
In a constitutional democracy, the RBI is bound by the law to focus on its core mandate
 "Central banks and the rule of law")
Infra, cement cos feel pinch of falling rupee, realty counts on more sales
Despite rise in interest rates and property prices, momentum in housing demand expected to stay, say developers; infra, cement companies remain circumspect
 "Infra, cement cos feel pinch of falling rupee, realty counts on more sales")
Rupee slips to fresh all-time low in 3rd straight session, closes 77.58/$
Dealers said major gains for the dollar were capped as the Reserve Bank of India is believed to have protected the 77.50 levels
 "Rupee slips to fresh all-time low in 3rd straight session, closes 77.58/$")
Remain watchful of recent geo-political developments: RBI Governor to banks
Urges lenders to take appropriate measures, including raising of capital, to shield their balance sheet against any potential impact these events might have
 "Remain watchful of recent geo-political developments: RBI Governor to banks")
RBI's criticism for 'delayed' rate hike unfair, says ex-Guv D Subbarao
The criticism that the Reserve Bank of India was behind the curve in hiking interest rate to tame rising inflation is unfair, former RBI Governor D Subbarao said on Wednesday
 "RBI's criticism for 'delayed' rate hike unfair, says ex-Guv D Subbarao")
Prices of food items continuing to increase in May, says RBI report
"Pulses prices remained steady, although tur prices have moderated while masoor prices edged up. Edible oils prices registered a broad-based increase," the report said.
 "Prices of food items continuing to increase in May, says RBI report")
Policyholders who missed out on allotment will pick up LIC shares: MR Kumar
We will ramp up digital channels and make tactical tweaks on equity investments to please policyholders, said M R Kumar
 "Policyholders who missed out on allotment will pick up LIC shares: MR Kumar")
BSE appoints former RBI deputy governor S S Mundra as a chairman
Mundra will replace Justice Vikramajit Sen.
 "BSE appoints former RBI deputy governor S S Mundra as a chairman")