Page 240 - Latest Updates on Reserve Bank of India
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
 "RBI buys bonds worth Rs 35,000 crore under second tranche of G-SAP")
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
 "RBI asks PSBs to implement recently announced measures 'in right earnest'")
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
India Inc's foreign investment jumps over two-folds to $2.51 bn in Apr'21
India Inc's foreign investment in the first month of this current fiscal jumped by more than two-times year-on-year to $2.51 billion, data from the Reserve Bank showed on Monday.
 "India Inc's foreign investment jumps over two-folds to $2.51 bn in Apr'21")
Crypto exchanges draw attention of regulators over brand promotions
According to regulatory sources, the brand promotion could mislead retail investors as the legality of cryptocurrency itself is under the scrutiny of the central government
 "Crypto exchanges draw attention of regulators over brand promotions")
How to reconstruct asset reconstruction companies
Banks feel happy shifting their toxic assets from loan books to investment books, while the ARCs are enjoying the management fees with a smile. Let's break the cosy relationship
Forex reserves rise by $1.444 billion to $589.465 billion: RBI data
The country's foreign exchange reserves increased by $1.444 billion to $589.465 billion in the week ended May 7, 2021, shows RBI data
 "Forex reserves rise by $1.444 billion to $589.465 billion: RBI data")
Reserve Bank of India leaves 10-year bond unsold in auction, rejects bids
The rejection of the bids brought down yields by 2 basis points and the 10-year bond closed at below 6 per cent again, at 5.99 per cent
 "Reserve Bank of India leaves 10-year bond unsold in auction, rejects bids")
RBI tells lenders to reconsider ties with crypto exchanges, traders
The guidance comes as India is crafting a law to ban cryptocurrencies and penalise anyone dealing in them, which would be among the most sweeping crackdowns on the new investing fad in the world
States go slow on projects, halve borrowing even as Covid wreaks havoc
The reason could lie in RBI's accommodation to them and the fact that states themselves could be burdened with interest cost
 "States go slow on projects, halve borrowing even as Covid wreaks havoc")
Sponsor investments in IFSC AIFs to come under the automatic route
RBI relaxation to allay round tripping concerns associated with sponsor commitment and shorten fund set-up time in IFSC
 "Sponsor investments in IFSC AIFs to come under the automatic route")