Page 285 - Latest Updates on Reserve Bank of India
Flagging recovery
Another rate cut will not help at this point
 "Flagging recovery")
Moratorium extension fears, Covid tally spook investors; Sensex falls 1.8%
The Sensex ended at 36,940, down 667 points, or 1.8 per cent - the highest since July 14
 "Moratorium extension fears, Covid tally spook investors; Sensex falls 1.8%")
Rising real lending rates causing steep fall in credit flows, GDP: Report
The brokerage had last month penciled in 5 to 7.5 per cent contraction in GDP this fiscal, saying each month of lockdown has shaved off 100 bps of the economy
RBI monetary policy: As economic contraction looms, majority see rate pause
Contracting economy, rising bond supply, inching up of long-term rates reduce prospects of successive rate cuts
 "RBI monetary policy: As economic contraction looms, majority see rate pause")
Incentivising credit flows will be focus of RBI monetary policy: Expert
Reserve Bank of India's surveys of various economic indicators will be key inputs - specifically household inflation expectations - into the actual rate decision
Cut stake in top public sector banks to 51% in 12-18 months: RBI to govt
Proposal to prune stake to 51% in six banks may fetch over Rs 43,000 crore
 "Cut stake in top public sector banks to 51% in 12-18 months: RBI to govt")
Up in the air: Emerging-market rebound uncertain as Covid-19 runs riot
Economies are shrinking and central banks are getting low on firepower
 "Up in the air: Emerging-market rebound uncertain as Covid-19 runs riot")
Statsguru: Inflation to bond yields, key data ahead of MPC meeting
While the economy battling with the pandemic shock needs support, inflation continues to remain above the central bank's target band
 "Statsguru: Inflation to bond yields, key data ahead of MPC meeting")
Rate cut unlikely but a dovish policy on the cards
For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action
 "Rate cut unlikely but a dovish policy on the cards")
Corporate contraction
Recovery depends on how quickly the pandemic is contained
 "Corporate contraction")
How a one-time loan recast policy may lead to a spate of litigation
The management committee of the Indian Banks Association feels banks should be given the discretion to decide how the recast is to be customised and the eligibility criterion
 "How a one-time loan recast policy may lead to a spate of litigation")
India could become the fintech hub of the world
The opportunity to list overseas provides a huge opportunity for new-age digital and fintechs
Banking crisis could dent investor confidence
But bear in mind that the government will surely organise a bailout in such a scenario
Shift to market economy from nationalised causing RBI-govt rift: Acharya
Acharya, who resigned after run-ins with the government last year, said the dip in financial savings is also another reason which can explain the disagreements between Mint Road and North Block
 "Shift to market economy from nationalised causing RBI-govt rift: Acharya")
RBI's MPC to meet next week to decide on policies for reviving growth
The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4 and announce its decision on August 6
Need to divest stakes in PSBs in graceful manner, says Viral Acharya
Acharya said that because the RBI does not distinguish in its rules between public and private sector banks it is forced to adopt weaker standards for the system as a whole
 "Need to divest stakes in PSBs in graceful manner, says Viral Acharya")
RBI likely to leave repo rate unchanged in August policy meet: Report
The Monetary Policy Committee (MPC), headed by the RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6
 "RBI likely to leave repo rate unchanged in August policy meet: Report")
Bold reform that triggers animal spirits needed for Indian economy: Rajan
Indian economy more 'debilitated' compared to peers because of the slide in the growth over the years, says leading economist
 "Bold reform that triggers animal spirits needed for Indian economy: Rajan")
India's policy fault lines
It is important to note that the economy was losing momentum even before the Covid crisis
The not so green shoots of rural revival
Rural rebound and its role in reviving the economy are overstated
 "The not so green shoots of rural revival")