Page 275 - Latest Updates on Reserve Bank of India
SBI launches e-facility to check eligibility for retail loans restructuring
Reserve Bank of India had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress
 "SBI launches e-facility to check eligibility for retail loans restructuring")
New external MPC members to be announced by Sept 28; extension ruled out
After exploring the possibilities, a decision has been taken to appoint a fresh team of external members, a senior finance ministry official said
 "New external MPC members to be announced by Sept 28; extension ruled out")
For RBI, bank compliance officers are no Cleopatra
Is the appointment age of the chief compliance officer in a bank capped anywhere in the world?
 "For RBI, bank compliance officers are no Cleopatra")
Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur
RBI Governor at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak
 "Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur")
Lenders want govt to offer moratorium interest relief to borrowers
Waiver may cost banks Rs 10,000 cr, says IBA
 "Lenders want govt to offer moratorium interest relief to borrowers")
RBI gets more elbow room for bond purchases as banks return borrowed money
The Reserve Bank of India on Thursday said it would buy 100 billion rupees ($1.4 billion) of bonds from the secondary market on Sept. 24
 "RBI gets more elbow room for bond purchases as banks return borrowed money")
The trade push
India should focus on exports for growth
 "The trade push")
RBI battle-ready to meet economy's needs: Governor Shaktikanta Das
Says protecting depositors' money, ensuring financial stability key concern
 "RBI battle-ready to meet economy's needs: Governor Shaktikanta Das")
Will take necessary measures to promote growth: RBI Guv Shaktikanta Das
RBI Governor Shaktikanta Das assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth
 "Will take necessary measures to promote growth: RBI Guv Shaktikanta Das")
RBI proposes to launch exchange-traded, OTC interest rate derivatives
Products to be accessible to foreign investors and retail participants too, but latter can only use for hedging
 "RBI proposes to launch exchange-traded, OTC interest rate derivatives")
Animal spirits: Right and wrong
It is true that though both low spirits and low real investment may be caused by a common set of economic factors
Deja vu on DFIs
The bank-led model of infrastructure financing is fraught with difficulties. But DFIs are not a quick fix
 "Deja vu on DFIs")
Beyond recapitalisation
Interest waiver will increase financial-stability risks
 "Beyond recapitalisation")
RBI's 'impossible trinity' of problems: rupee, inflation, bond yields
As challenges mount, the central bank will need to strike a fine balance between managing the rupee, domestic liquidity and fiscal financing
 "RBI's 'impossible trinity' of problems: rupee, inflation, bond yields")
New banking bill gives RBI powers to restructure co-operative banks
The new Banking Regulation (Amendment) Bill, 2020, introduced by the government on the first day of the Parliament's Monsoon Session, provides the RBI powers to restructure cooperative banks
 "New banking bill gives RBI powers to restructure co-operative banks")
Three external members of MPC may get a short extension next week
The pandemic situation has prompted the move even as the search committee is looking for fresh external candidates, according to the government sources
 "Three external members of MPC may get a short extension next week")
Debt monetisation by RBI could undermine investor confidence: S&P
S&P said sovereign-bond purchases by central banks in emerging markets have not spooked the markets because investors accept these operations as emergency actions related to the Covid-19 pandemic
Will Sebi's fatwa for multi-cap funds work? Only the market will determine
Sebi's new diktat says multi-cap equity funds must invest a minimum of 75% in equities, up from 65%, with at least 25% each in large-caps, mid-caps, and small-caps
 "Will Sebi's fatwa for multi-cap funds work? Only the market will determine")
Spike in bank frauds: Lag in reporting or weak internal controls?
Bank fraud numbers may not be as bad as they are made out to be, but their detection and reporting need to improve, writes Raghu Mohan
 "Spike in bank frauds: Lag in reporting or weak internal controls?")
Indians' love for things foreign
…is this a virus more dangerous than Covid-19?
 "Indians' love for things foreign")