Page 298 - Latest Updates on Reserve Bank of India
Is this a good time to invest in gold bonds? Yes, but do it wisely
The advantages are plenty. There are no hassles such as purity checks, making charges, and locker charges
 "Is this a good time to invest in gold bonds? Yes, but do it wisely")
The fiscal response challenge
In terms of policy response, governments and central banks are intervening aggressively in the advanced economies
Top 10 biz headlines: Brent crash adds to oil chaos; bank notice to malls
Here are the top 10 business headlines on Wednesday
 "Top 10 biz headlines: Brent crash adds to oil chaos; bank notice to malls")
RBI extends deployment time limit to 45 days from 30 under TLTRO 2.0
The extension has been granted based on the feedback received from banks and taking into account the disruptions caused by COVID-19, RBI said in a statement
 "RBI extends deployment time limit to 45 days from 30 under TLTRO 2.0")
Top headlines: Oil plunges below zero, Sebi heat on Chinese investors, more
Here are the top 10 headlines for Tuesday
 "Top headlines: Oil plunges below zero, Sebi heat on Chinese investors, more")
Covid-19 impact: RBI increases centre's WMA limit sharply to Rs 2 trillion
Ways and means advances (WMA) are temporary liquidity line given by the central bank to the government to meet short-term expenditure needs of the government
Coping with the lockdown
Given the scale of demand contraction, we need a fiscal package of at least 3-4 per cent of GDP
 "Coping with the lockdown")
A long haul
India should not declare a premature victory against Covid-19
 "A long haul")
Protecting crown jewels
India has done well to follow in the footsteps of Germany, France and Australia among others by introducing provisions to safeguard its businesses
Debt market friction
A slow recovery will increase credit risk
 "Debt market friction")
Letter to BS: RBI's measures to tackle Covid-19 are in the right direction
By lowering the reverse repo rate further, the RBI has disincentivised banks from parking their surplus funds with it
Can rate cut force banks to lend?
Credit guarantee by the government for banks' fresh loans to certain segments might do the trick at a small fiscal cost
Watch out for April SIP numbers
Treat exit by retail investors as a contrarian signal for entering equities
RBI moratorium: 10% provisioning may shave Rs 35,000 cr off bank profits
Banks will have to categorise the moratorium loans as special mention accounts (SMA) wherein loans are in the 0-90 days overdue buckets
 "RBI moratorium: 10% provisioning may shave Rs 35,000 cr off bank profits")
Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high
Indian households had debts worth nearly Rs 43.5 trillion at the end of March this year, up from Rs 6.6 trillion at the end of March 2008 and Rs 19.3 trillion five years ago at the end of FY15
 "Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high")
Best of BS Opinion: Covid-19 outbreak, re-building police brand, and more
Here's a selection of Business Standard opinion pieces of the day
 "Best of BS Opinion: Covid-19 outbreak, re-building police brand, and more")
RBI gives NBFCs more time to restructure commercial real estate loans
Unless demand revives, industry experts say the move may not be very effective
 "RBI gives NBFCs more time to restructure commercial real estate loans")
RBI package: Restructuring of loans should be allowed, says Keki Mistry
Mistry tells Joydeep Ghosh that while the National Housing Bank has been allowed to refinance housing finance companies, relaxation of single-party exposure would be a big help
 "RBI package: Restructuring of loans should be allowed, says Keki Mistry")
Govt to provide additional relief, economic stimulus soon: FM Sitharaman
Sitharaman also assured the global community that India would continue to supply critical medicines to needy countries for the treatment of Covid-19 patients
 "Govt to provide additional relief, economic stimulus soon: FM Sitharaman")
Covid-19: MSMEs cautiously welcome RBI measures, exporters want more
Calls for economic package for distressed sectors continue
 "Covid-19: MSMEs cautiously welcome RBI measures, exporters want more")