Page 297 - Latest Updates on Reserve Bank of India
RBI's liquidity support for MFs may struggle to be effective: Fitch
The size of the SLF-MF appears broadly commensurate with the scale of the funds most at risk, Fitch notes
 "RBI's liquidity support for MFs may struggle to be effective: Fitch")
Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman
'Congress and Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system,' she said
 "Congress misleading the nation on loan write-offs: FM Nirmala Sitharaman")
RBI to open Rs 50,000-cr special liquidity window to support mutual funds
The liquidity strains have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects
 "RBI to open Rs 50,000-cr special liquidity window to support mutual funds")
The logjam of risk aversion
Banks need sovereign support to lend to non-AAA borrowers in the wake of the Franklin crisis
 "The logjam of risk aversion")
RBI buys and sells bonds worth Rs 10,000 crore in 'Operation Twist'
Bid and offer pattern shows a healthy market response
 "RBI buys and sells bonds worth Rs 10,000 crore in 'Operation Twist'")
Chidambaram lauds RBI's liquidity facility of Rs 50,000 cr for mutual funds
The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual funds, days after Franklin Templeton Mutual Fund decided to close six debt schemes
 "Chidambaram lauds RBI's liquidity facility of Rs 50,000 cr for mutual funds")
Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco
Govt gives RBI go-ahead to ensure liquidity; distributors seek special window for small investors
 "Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco")
IBA demands recast of loan accounts of small firms amid Covid-19 crisis
The RBI had permitted a one-time restructuring of existing loans to GST-registered MSME units
 "IBA demands recast of loan accounts of small firms amid Covid-19 crisis")
Opportunity for Make in India
How India can make the most of the opportunity presented by the groundswell of emotion against China for its disinformation about coronavirus
 "Opportunity for Make in India")
The Indian version of quantitative easing
By resorting to the two-step OMOs, the RBI is managing the yield at both the shorter as well as the longer end
Lives vs livelihoods
The low virus-related mortality rates for India and other tropical countries do not support the case for stringent lockdowns, which would also destroy businesses and jobs
 "Lives vs livelihoods")
Banks want IBC proceedings in all pending cases to be suspended for 2 years
Fall in valuation, lack of demand cited as reasons
 "Banks want IBC proceedings in all pending cases to be suspended for 2 years")
Franklin Templeton fiasco puts MF industry in damage-control mode
Fund houses say a committed liquidity line from RBI can ease pressure
 "Franklin Templeton fiasco puts MF industry in damage-control mode")
Coronavirus impact: RBI's TLTRO 2.0 gets cold-shoulder from banks
Reluctant to lend to NBFCs, MFIs in current situation
 "Coronavirus impact: RBI's TLTRO 2.0 gets cold-shoulder from banks")
Currency in circulation continues to remain high amid Covid-19 lockdown
Currency in circulation (CIC), in the fortnight ended April 10 stood at Rs 49,554.30 crore
 "Currency in circulation continues to remain high amid Covid-19 lockdown")
Head versus heart
This is a false dichotomy, the Indian economy can be rebooted and the Covid-19 virus contained concurrently
 "Head versus heart")
RBI to buy and sell Rs 10,000 cr in bonds to manage its balance sheet
According to the latest available figures, the Reserve Bank of India had about Rs 9 trillion worth of bonds on its books
Covid-19 impact: Banks ignore RBI's TLTRO in order to avoid NBFC exposure
The latest auction was part of the TLTRO 2.0, through which RBI had planned to infuse up to Rs 50,000 crore, to begin with.
NBFCs may fall by the wayside without a major forbearance package
Even after the Reserve Bank of India 'permitted' banks to offer a three-month moratorium to borrowers (of all hues), NBFCs continue to run from regulatory pillar to post to avail of it
 "NBFCs may fall by the wayside without a major forbearance package")
HFCs: Home alone
'The burden of unsold inventory of over half a million housing units in the top 7 cities will worsen due to impact of the pandemic. Business process re-engineering will hold the key to the future'