Page 248 - Latest Updates on Reserve Bank of India
Additional tier-1 bond stand-off likely to spook corporate bond yields
Besides redemption pressure in debt market, it will make fund raising difficult for PSBs
 "Additional tier-1 bond stand-off likely to spook corporate bond yields")
Low premiums on parts of Indian credit prompt calls for RBI help
Spreads on five- and 10-yr rupee corporate bonds diverging
 "Low premiums on parts of Indian credit prompt calls for RBI help")
India's forex reserves fall by $4.255 bn to $580.299 bn: RBI data
The country's foreign exchange reserves declined by USD 4.255 billion to USD 580.299 billion in the week ended March 5, according to RBI data
 "India's forex reserves fall by $4.255 bn to $580.299 bn: RBI data")
CPI inflation averages 3.9% during Oct 2016-Mar 2020, says report
The monetary policy committee headed by the RBI Governor is set to revise the policy framework and inflation targets by March 31
 "CPI inflation averages 3.9% during Oct 2016-Mar 2020, says report")
Focus on technology
Banks must invest in improving customer interface
 "Focus on technology")
Mahindra receives RBI approval to reduce stake in SsangYong Motor
The maker of XUV500 and Scorpio has got a nod from the country's central bank to reduce its stake in Ssangyong to 25 per cent from the current 75 per cent through capital reduction
 "Mahindra receives RBI approval to reduce stake in SsangYong Motor")
Rate-hike bets in India escalate ahead of possible global tightening
Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy
 "Rate-hike bets in India escalate ahead of possible global tightening")
The recovery risks
Economic management in India will remain tricky
 "The recovery risks")
RBI to conduct simultaneous purchase and sale of g-secs next week
The central bank said it will conduct simultaneous purchase and sale of government securities for Rs 10,000 crore each under Open Market Operations
 "RBI to conduct simultaneous purchase and sale of g-secs next week")
RBI takes IDBI Bank out of PCA framework, subject to certain conditions
Board for Financial Supervision (BFS) found IDBI Bank not in breach of PCA parameters on capital, Net NPA and Leverage Ratio
 "RBI takes IDBI Bank out of PCA framework, subject to certain conditions")
India's inclusion in global bond indices faces taxation hurdle
Fund managers want govt to freeze taxes on sovereign debt papers
India Inc's borrowing costs shoot up as credit growth gains momentum
5-year govt bond yields have risen to over 50 bps since the Budget 2021 has been presented.
 "India Inc's borrowing costs shoot up as credit growth gains momentum")
Reserve Bank loosens grip on yields at auction to leave traders guessing
RBI sold some of 10-year debt at 6.22 per cent on Friday, compared with about 6 per cent in previous auctions
5 opt out of race for RBI deputy governor's post
There are now 13 RBI executive directors of which 12 were eligible for the deputy governor's post
PMC Bank suitors face additional capital rider; RBI board meet on March 19
Rs 750 cr needed to enable payout of over Rs 5 lakh per depositor
 "PMC Bank suitors face additional capital rider; RBI board meet on March 19")
Stay vigilant against risk of cheque fraud
Mansinghka had been remiss in allowing a stranger to write the cheque. Disappearing magic ink was used which allowed the fraudsters to alter amount and payee name
Why we need uniform micro loan regulations
The Election Commission must ban loan waiver poll promises by all political parties. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders
India Inc's overseas direct investment declines 31% to $1.85 bn in February
India Inc's overseas direct investment significantly, RBI data showed
 "India Inc's overseas direct investment declines 31% to $1.85 bn in February")
IT sector sales rise 5.2% in third quarter, shows RBI data
Information technology (IT) sector remained in the positive terrain throughout the Covid-19 pandemic period
 "IT sector sales rise 5.2% in third quarter, shows RBI data")
RBI's policy responses to support economy weren't very impactful: Study
At best, the RBI stopped a sharp spike such as the one witnessed after the global financial crisis