Page 299 - Latest Updates on Reserve Bank of India
Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis
From being classified as NPAs after 90 days of overdue, the central bank raised the period to 180 days
 "Reserve Bank tries to reduce NPA burden for lenders in coronavirus crisis")
Covid-19: In fight against economic slowdown, RBI introduces new measures
RBI tries to discourage banks from sitting on their liquidity, makes it mandatory to lend to small and medium NBFCs money raised from liquidity window
 "Covid-19: In fight against economic slowdown, RBI introduces new measures")
140 bps rate cut in a little over a fortnight
This has been done to stop lazy banking. Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income
 "140 bps rate cut in a little over a fortnight")
Covid-19 relief: Here are the steps taken by the RBI to fight slowdown
Among other important announcements, he announced a reduction in reverse repo rate by 25 basis points from 4 per cent earlier to 3.75 per cent now
 "Covid-19 relief: Here are the steps taken by the RBI to fight slowdown")
RBI has made life a bit easier for NBFCs, MFIs amid Covid-19 pandemic
The RBI has indicated that it expects inflation to come down by September, which means that more rate cuts are in the offing
 "RBI has made life a bit easier for NBFCs, MFIs amid Covid-19 pandemic")
RBI measures sufficient, not substantial; Guv doing balancing act: Experts
RBI governor is walking a tightrope, says a former chief statistician
 "RBI measures sufficient, not substantial; Guv doing balancing act: Experts")
Covid-19: RBI slashes reverse repo rate by 25 bps, no change in repo rate
Earlier, the RBI had reduced the repo rate to a 15-year low of 4.40 per cent by announcing a steep cut of 75 basis points on March 27, only two days after the national lockdown was imposed
 "Covid-19: RBI slashes reverse repo rate by 25 bps, no change in repo rate")
Market Ahead, April 17: Top Factors That Could Guide Markets Today
RBI Governor Shaktikanta Das' media address at 10 am will remain a big focus today for investors who will also digest reports of an imminent second stimulus package
 "Market Ahead, April 17: Top Factors That Could Guide Markets Today")
Improve infra to become part of global supply chains: IMF's Ranil Salgado
The economic impact of Covid-19 is expected to be substantial, but recovery should take hold once the virus has been contained, says Salgado
 "Improve infra to become part of global supply chains: IMF's Ranil Salgado")
Monetising part of fiscal deficit inevitable: ex-RBI governors and experts
Monetising deficit means that the RBI purchases govt bonds directly in the primary market and finances this debt by printing more currency
 "Monetising part of fiscal deficit inevitable: ex-RBI governors and experts")
How the global market rebound is playing out after coronavirus lows
The sharp rebound was underpinned by trillion dollars' worth of stimulus packages, announced by major central banks
 "How the global market rebound is playing out after coronavirus lows")
Stop or slow?
A quick economic recovery requires that we keep people employed and the economy ticking over
 "Stop or slow?")
Lights out for the power sector? Coronavirus makes a crisis worse
Its pre-pandemic crisis is likely to worsen with the prolonged lockdown unless the government offers some vital concessions
 "Lights out for the power sector? Coronavirus makes a crisis worse")
RBI wants banks to take call on package, moratorium extension for NBFCs
The approach, according to people familiar with the RBI, is that the regulator can only enable the banks to take such commercial decisions
 "RBI wants banks to take call on package, moratorium extension for NBFCs")
Covid an invisible assassin, preserve stability, arrest slump: MPC minutes
They noted that the pandemic hadn't destroyed the economy's production capabilities, and once the situation starts normalising, domestic demand would need to be stimulated swiftly
 "Covid an invisible assassin, preserve stability, arrest slump: MPC minutes")
Economy needs more govt support
Lockdown was a brave decision. Now, policy-making requires a similar display of boldness
 "Economy needs more govt support")
Top headlines: How RBI's MPC panel scrambled to help the economy
Business Standard brings to you the top headlines of the day
 "Top headlines: How RBI's MPC panel scrambled to help the economy")
Creating fiscal space for the states
In the second part of a series, the authors say the current uncertainties require room for discretion to serve as a necessary handmaiden of rules that cannot alone cater to all contingencies
 "Creating fiscal space for the states")
Trouble for NBFCs
Repayment moratorium should be extended to NBFCs
 "Trouble for NBFCs")
The wrong diagnosis
Calls for fiscal stimulus and monetary overreach will not help deal with the pandemic's economic consequences
 "The wrong diagnosis")