Page 272 - Latest Updates on Reserve Bank of India
Three cheers for RBI's October policy
The latest policy has taken a series of steps to ensure that the government is able to borrow from the market without paying too much and the banks continue to buy bonds
 "Three cheers for RBI's October policy")
RBI keeps policy rates unchanged, stance accommodative: What experts think
Today's policy announcement comes amid signs of recovery in the economy badly battered by the coronavirus pandemic
 "RBI keeps policy rates unchanged, stance accommodative: What experts think")
RBI Policy: Most decision by Reserve Bank in line with expert views
The RBI sees India's real GDP contracting by 9.5 per cent in the ongoing fiscal year, and economic growth only turning positive in the final January-March quarter
 "RBI Policy: Most decision by Reserve Bank in line with expert views")
Riding high
High liquidity, low interest rates lead to stock market upswing
 "Riding high")
Punjab CM directs procurement agencies to pay pending dues of farmers
Punjab Chief Minister Captain Amarinder Singh has directed all procurement agencies to pay pending payments of farmers against the already procured grain within 24 hours
 "Punjab CM directs procurement agencies to pay pending dues of farmers")
Govt names RBI executive director M Rajeshwar Rao as fourth dy governor
The position lay vacant after N S Vishwanathan demitted office on March 31
Reserve Bank's monetary policy decision to be announced on Friday
With three external members of MPC appointed, the committee will meet from October 7 to October 9
 "Reserve Bank's monetary policy decision to be announced on Friday")
RBI monetary policy: Room squeezed out, says IDFC First Bank economist
While tax increases led to an increase in the prices of petroleum products, this could lead to broad-based cost push pressures through the transportation channel
 "RBI monetary policy: Room squeezed out, says IDFC First Bank economist")
MPC: Back on track
The new members will bring divergent views to policymaking
Jayanth Varma, Ashima Goyal, Shashanka Bhide: New members of RBI MPC
The three new members represent a diversity of experience and have engaged with policy making through their careers
Protection of personal data should be backed by law: RBI exec director
Protection of personal data should be backed by a legal provision as it will help ensure privacy and confidentiality of individuals, a senior RBI official said on Tuesday
 "Protection of personal data should be backed by law: RBI exec director")
Govt appoints Ashima Goyal, Jayanth Varma, Shashanka Bhide as MPC members
MPC meeting likely early next week with new panel
RBI is buying the bonds from the backdoor anonymously, shows data
May have given primary dealers a way to square off positions, shows data
 "RBI is buying the bonds from the backdoor anonymously, shows data")
SC asks govt, RBI to put K V Kamath panel's debt recast report on record
Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers
 "SC asks govt, RBI to put K V Kamath panel's debt recast report on record")
The task before the new SBI boss
The State Bank of India can be taken to the next level by transforming it into a marketplace to meet the financial needs of its corporate clients across the value chain
 "The task before the new SBI boss")
Loan moratorium case: SC grants Centre, RBI a week to file affidavits
The development comes as the Centre is set to formulate a scheme to waive compound interest for small borrowers during the six-month moratorium period
Govt to waive compound interest during moratorium for some loans: Report
Report says government's decision will benefit those clearing their dues on a variety of loans between March and August
 "Govt to waive compound interest during moratorium for some loans: Report")
RBI okays appointment of CoD to run Dhanlaxmi Bank till appointment of CEO
Dhanlaxmi Bank on Thursday said that the RBI has approved a three-member interim committee of directors, headed by G Subramonia Iyer, to run the private sector bank
 "RBI okays appointment of CoD to run Dhanlaxmi Bank till appointment of CEO")
Non-food bank credit growth decelerated to 6% in August, shows RBI data
Non-food bank credit growth decelerated to 6 per cent in August as against 9.8 per cent in the same month last year, RBI data showed on Wednesday.
 "Non-food bank credit growth decelerated to 6% in August, shows RBI data")
RBI fixes Centre's WMA limit for second half of FY21 at Rs 1.25 trn
This is much lower than the quantum earmarked for H1, which was Rs 2 trillion, but way above lasgt years Rs 35,000 cr
 "RBI fixes Centre's WMA limit for second half of FY21 at Rs 1.25 trn")