Page 239 - Latest Updates on Reserve Bank of India
Ensure continuity in provision of financial services: RBI guv to pvt banks
RBI Governor Shaktikanta Das on Tuesday asked private sector banks to ensure continuity in the provision of various financial services, including credit facilities to individuals and businesses
 "Ensure continuity in provision of financial services: RBI guv to pvt banks")
Bank credit grows by 6.02%; deposits up by 9.87%, RBI data shows
In fiscal year 2020-21, bank credit had grown by 5.56 per cent and deposits by 11.4 per cent.
 "Bank credit grows by 6.02%; deposits up by 9.87%, RBI data shows")
Mix of fiscal, monetary policies to mitigate economic downturn: RBI study
RBI study saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.
 "Mix of fiscal, monetary policies to mitigate economic downturn: RBI study")
RBI issues guidelines for merging district central co-op banks with state ones
This is subject to various conditions, including that a proposal should be made by the state government concerned.
 "RBI issues guidelines for merging district central co-op banks with state ones")
Best of BS Opinion: A recovery interrupted, RBI's disclosure dilemma & more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: A recovery interrupted, RBI's disclosure dilemma & more")
RBI's new restructuring package for small borrowers: Will it work?
The new restructuring package for small borrowers has little chance of taking off
 "RBI's new restructuring package for small borrowers: Will it work?")
RBI's disclosure dilemma
While the RBI must respect the spirit of freedom of expression, we need to draw a Laxman rekha, and the RTI Act should not become a tool to bypass all confidentiality requirements under other laws
Explained: How RBI's tough new rules impact the audit companies
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits
 "Explained: How RBI's tough new rules impact the audit companies")
Reserve Bank of India fixes gold bond issue price at Rs 4,842 per gram
The issue price for the second tranche of the sovereign gold bond issue has been fixed at Rs 4,842 per gram, the Reserve Bank of India said on Friday
 "Reserve Bank of India fixes gold bond issue price at Rs 4,842 per gram")
Best of BS Opinion: DHFL resolution, the collapse of Indian cinema & more
Here are the best of Business Standard's opinion pieces for Friday
 "Best of BS Opinion: DHFL resolution, the collapse of Indian cinema & more")
Gilt funds back on investors' radar on RBI's 'accommodative stance'
Scheme category sees net inflows this April, for the first time since last December
 "Gilt funds back on investors' radar on RBI's 'accommodative stance'")
Unnecessary deviation
DHFL should not go back to its erstwhile promoter
 "Unnecessary deviation")
Reserve Bank imposes penalty on City Union Bank, 3 other lenders
The RBI has imposed monetary penalty on City Union Bank, Tamilnad Mercantile Bank and two other lenders for contravention of certain directions issued by the central bank.
 "Reserve Bank imposes penalty on City Union Bank, 3 other lenders")
RBI buys bonds worth Rs 35,000 crore under second tranche of G-SAP
The central bank has been buying bonds both directly, and anonymously, from the market in order to keep the bond yields low
NBFCs had objected to RBI rules on auditor change, called for expert panel
The RBI had said in its guidelines that all banks and NBFCs, except non-deposit taking ones below Rs 1,000 crore, should change their auditors
 "NBFCs had objected to RBI rules on auditor change, called for expert panel")
Dual regulation is bad
MFI issues won't be solved by state regulation
 "Dual regulation is bad")
RBI asks PSBs to implement recently announced measures 'in right earnest'
RBI Governor urges banks to continue focusing on enhancing resilience of their balance sheets
Using reserves: When, if not now?
India continues to be in urgent need of various supplies to deal with Covid-19
 "Using reserves: When, if not now?")
Best of BS Opinion: China's scientific muscle, sovereign rating risk & more
Here are the best of Business Standard's opinion pieces for Tuesday
 "Best of BS Opinion: China's scientific muscle, sovereign rating risk & more")
More steps for Covid affected soon, may have to change growth forecast: RBI
These will be on top of RBI's May 5 measures, such as Rs 50,000 cr package for healthcare sector and recast of loans up to Rs 25 cr for individuals and small businesses