Page 274 - Latest Updates on Reserve Bank of India
RBI policy review, global trends to dictate stocks this week: Analysts
The RBI's monetary policy review on October 1 and auto sales numbers would be among the key events for investors
 "RBI policy review, global trends to dictate stocks this week: Analysts")
Status quo policy regardless of late MPC member induction: Experts
While new members will be domain experts, it would be too early for them to properly grasp of the situation once they get to see a tiny picture of the real economic scene at hand
 "Status quo policy regardless of late MPC member induction: Experts")
The harm that orthodoxy does
The less the better, because once again that's not how governments or central banks can, or should, work. Indeed, they can't.
 "The harm that orthodoxy does")
Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data
In the fortnight ended September 13, 2019, bank credit was at Rs 97.13 trillion and deposits at Rs 127.22 trillion
 "Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data")
Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI
Gold reserves were down by $580 million in the reporting week to $37.440 billion
 "Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI")
Vakrangee gets RBI nod to set up BBPS unit to handle billing services
"Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS (Bharat Bill Payment System)," the company said
RBI tells urban co-op banks to adopt more robust cyber security infra
Apex bank aims to bring the largest UCBs at par with other banks that run a full gamut of protection against online threats
 "RBI tells urban co-op banks to adopt more robust cyber security infra")
RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist
Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay
RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs
The technology vision document, which was formalised after obtaining inputs from various stakeholders, is aimed at enhancing the cybersecurity posture of UCBs
 "RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs")
RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each
On October 1, the RBI would purchase three securities totalling Rs 10,000 crore and selling two securities of the same amount
Allowed to share GPay transaction info with NPCI permission: Google to HC
The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet
 "Allowed to share GPay transaction info with NPCI permission: Google to HC")
RBI rejects bids worth Rs 664.73 bn at first open market bond buy in FY21
Central bank had planned to buy up to Rs 100 billion ($1.35 billion) worth of six-year to 11-year papers at an open market operation.
Covid-19: As regulators ease rules for firms, investors aren't taking it easy
Companies battling to get in shape after a nationwide lockdown to contain the coronavirus pandemic devastated the economy have been helped by regulators, but investors are worried. Should they be?
 "Covid-19: As regulators ease rules for firms, investors aren't taking it easy")
India in the world of (near) free money
The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future
 "India in the world of (near) free money")
Tracking 'sticky' food prices important for MPC, says RBI paper
The compiled dataset comprises 1.3 million price data points covering 45 food items on a weekly basis across 85 centres in the country for the period 2005-18.
 "Tracking 'sticky' food prices important for MPC, says RBI paper")
Banks working to speed up ICA process for resolution of stressed loans: IBA
Indian Banks' Association chief executive Sunil Mehta said a draft on the same has been already given to banks for their suggestions
 "Banks working to speed up ICA process for resolution of stressed loans: IBA")
Micro-finance industry slowly overcoming coronavirus crisis: MFIN
The complete stoppage of micro-finance operations from March-end to May due to the coronavirus-induced lockdown had been a big setback
 "Micro-finance industry slowly overcoming coronavirus crisis: MFIN")
RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI
The Reserve Bank of India's forex strategy has been in sharp focus after it stepped away from dogged dollar buying amid large inflows
 "RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI")
Contrasting tales: Economy is down, but markets have defied fears
In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally
 "Contrasting tales: Economy is down, but markets have defied fears")
Compliance officer for banks prescriptive, not right thing: Ex-SBI MD
Earlier this month, the RBI asked banks to appoint chief compliance officers (CCO) with a view to getting uniformity in the approach followed by lenders
 "Compliance officer for banks prescriptive, not right thing: Ex-SBI MD")