Page 202 - Latest Updates on Reserve Bank of India
FY22 ends with bank credit growth of 8.6%; retail, agri mainstay
FY22 saw the adverse effects of the pandemic until September 2021, followed by a turnaround in credit, especially to industry and retail, from October
 "FY22 ends with bank credit growth of 8.6%; retail, agri mainstay")
RBI imposes curbs on Shushruti Souharda Sahakara Bank Niyamita
The directions shall remain in force for a period of six months from the close of business on April 7, 2022, and are subject to review, the Reserve Bank said in a statement
 "RBI imposes curbs on Shushruti Souharda Sahakara Bank Niyamita")
RBI issues guidelines for banks to set up 24X7 digital banking units
The Reserve Bank of India on Thursday said existing banks can open digital banking units to offer products and services in both self-served and assisted mode round-the-clock
 "RBI issues guidelines for banks to set up 24X7 digital banking units")
Markets open, banks shut: Investors suffered after RBI holiday on Feb 7
Markets remaining open during bank holidays isn't uncommon. However, such days are known well in advance.
Inflation woes: 10-year bond yield near 7% ahead of RBI MPC meet
The yield on the 10-year benchmark government bond closed at 6.92 per cent on Wednesday, up from the previous close of 6.90 per cent
Prospect of US Fed firing on all cylinders spooks Indian markets
Overseas investors sold shares worth Rs 2,280 crore, while domestic institutions provided buying support of Rs 623 crore
 "Prospect of US Fed firing on all cylinders spooks Indian markets")
RBI okays 2-yr extension of Murli Natarajan's tenure as MD-CEO of DCB Bank
Natrajan has led the bank since April 2009. In 2024, he will complete 15 years at the helm, the maximum allowed under current RBI guidelines
 "RBI okays 2-yr extension of Murli Natarajan's tenure as MD-CEO of DCB Bank")
HDFC Bank-HDFC merger: Regulatory changes for NBFCs proved decisive
On Monday, HDFC and HDFC Bank announced their boards had approved an all-stock amalgamation of the former into the latter, subject to regulatory approvals
 "HDFC Bank-HDFC merger: Regulatory changes for NBFCs proved decisive")
Not activating countercyclical capital buffer: Reserve Bank of India
As per the RBI, the aim of the CCyB regime is two-fold
 "Not activating countercyclical capital buffer: Reserve Bank of India")
Close the policy gap
RBI has fallen behind the curve
Bond yield surge threat is only agenda for traders from RBI policy
The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.
HDFC Bank writes to RBI, seeks approval to hold 50% stake in HDFC Life
Lender wants either be allowed to hold a 47.82 per cent stake HDFC Ltd in the insurer or buy additional stake in the company from the market
 "HDFC Bank writes to RBI, seeks approval to hold 50% stake in HDFC Life")
Banking on efficiency
HDFC Bank will benefit from higher scale
 "Banking on efficiency")
Reserve Bank of India imposes penalties on three cooperative banks
the central bank said a penalty of Rs 2 lakh has been imposed on Kokan Mercantile Co-operative Bank Ltd., Mumbai for similar non-compliance
 "Reserve Bank of India imposes penalties on three cooperative banks")
'RBI to remain accommodative, leave all rates unchanged in April policy'
The comfort provided by the expected improvement in inflation was the anchor for the super-dovish February policy
Morgan Stanley expects RBI to raise rates by 125 bps cumulatively in FY23
This is against the backdrop of both domestic and global developments.
Best of BS Opinion: Reform reversal, the NPS challenge, and more
Here are the Best of BS Opinion for the day.
 "Best of BS Opinion: Reform reversal, the NPS challenge, and more")
BS policy poll: RBI likely to hike inflation forecast, say economists
Most respondents see status quo on repo, reverse repo and stance
FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta
Our global desk currently maintains an 'overweight' rating on India with a Sensex target of 66,000
 "FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta")
Will we see a reverse repo hike this week?
Can RBI afford the luxury of waiting out on the inflation front to allow growth to pick up?
