Page 294 - Latest Updates on Reserve Bank of India
Retail, MSME loans to get cheaper as RBI cuts repo rate in surprise action
HDFC Bank cuts base rate by 55 bps; SBI calls ALCO meeting to take call
 "Retail, MSME loans to get cheaper as RBI cuts repo rate in surprise action")
RBI's decision to cut lending rate will make loans affordable: Sitharaman
The RBI reduced the repo rate by 40 basis points to a historic low of 4 per cent, besides extending loan moratorium for all retail and commercial borrowers by another three months till Aug 31
 "RBI's decision to cut lending rate will make loans affordable: Sitharaman")
RBI breather for trade: Higher export credit, more time to pay import bills
Exporters laud timely steps but want direct fiscal support, full package
 "RBI breather for trade: Higher export credit, more time to pay import bills")
Debt fund managers bet on shorter duration play to ride RBI easing
Fund managers expect yields to remain elevated at the longer-end of the yield curve in light of government's borrowing plans
 "Debt fund managers bet on shorter duration play to ride RBI easing")
New borrowers set to get maximum benefit as RBI delivers another rate cut
Since the repo rate has been revised by 115 bps in the last two months, EMIs would fall when banks reset loan rates
 "New borrowers set to get maximum benefit as RBI delivers another rate cut")
Sell-off in banking and financial stocks drags benchmark indices down
The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%
 "Sell-off in banking and financial stocks drags benchmark indices down")
Top headlines: RBI slashes repo rate, KKR picks up stake in Jio, and more
Business Standard brings the top headlines of the day
 "Top headlines: RBI slashes repo rate, KKR picks up stake in Jio, and more")
Gloom for savers: How RBI repo rate cut will impact FD investments, savings
The recent spate of rate cuts by the Reserve Bank of India could be bad news for savers
 "Gloom for savers: How RBI repo rate cut will impact FD investments, savings")
RBI rate cut a boon for borrowers? Know how your EMIs will be impacted
Here's how borrowers are likely to gain from RBI's rate cut, subject to banks, non-banking financial companies passing on the benefits to customers
RBI gives exporters, importers liquidity and more time amid Covid-19 crisis
RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector
 "RBI gives exporters, importers liquidity and more time amid Covid-19 crisis")
RBI buttresses earlier position forcefully; economic forecasts conservative
The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%
 "RBI buttresses earlier position forcefully; economic forecasts conservative")
RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%
RBI extends the moratorium on loan repayments by three more months
 "RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%")
It may be time to change the way UCBs and NBFCs raise retail deposits
It may be time to link the higher deposit insurance cover and the way co-operative banks and select non-banks raise retail resources, writes Raghu Mohan
 "It may be time to change the way UCBs and NBFCs raise retail deposits")
Rationale behind the package
Govt seems to be preserving some firepower
Fiscal math of the imponderables
Growth holds the key to the government's fiscal deficit slippage
 "Fiscal math of the imponderables")
Covid-19: What India needs right now is a programme to help the destitute
The need of the hour is a rehabilitation programme for those trapped in destitution or near-bankruptcy by the lockdown
 "Covid-19: What India needs right now is a programme to help the destitute")
New-look inter-creditor agreement on the cards as IBC process suspended
The Indian Banks' Association can be expected to begin formal discussions with the wider banking fraternity over the next fortnight
 "New-look inter-creditor agreement on the cards as IBC process suspended")
Time to boost P2P lending
As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders
Only knowledge of the product can protect you against mis-selling
It's important to question the intermediary so that you know more about the product
 "Only knowledge of the product can protect you against mis-selling")
In search of the right prescription
Policy predictability and an unambiguous long-term blueprint are essential for private investors
 "In search of the right prescription")