Page 309 - Latest Updates on Reserve Bank of India
Statsguru: How PSBs deal with integration in a challenging biz environment
The RBI in December 2019 noted that private sector banks accounted for 69 per cent of incremental loans in 2018-19
 "Statsguru: How PSBs deal with integration in a challenging biz environment")
YES Bank clients' Rs 1,500-crore SBI Cards IPO applications hang in balance
Regulators, bankers in a huddle to resolve issue
 "YES Bank clients' Rs 1,500-crore SBI Cards IPO applications hang in balance")
Rana Kapoor, hard-driving executive who rarely said no to giving loans
Weak compliance, poor governance and greed led to the bank's failure as it lent to borrowers who did not have the ability to repay
 "Rana Kapoor, hard-driving executive who rarely said no to giving loans")
Uncharted path: Experts seek light-touch norms to regulate cryptocurrency
Experts say what will also play on the minds of policymakers is the potential upside of taxing the cryptocurrency trade.
 "Uncharted path: Experts seek light-touch norms to regulate cryptocurrency")
Take medium-term bet on commodities
As manufacturing in China recovers, so will the demand for raw materials
Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more
Grey market premiums have dropped to 10% after last week's market fall.
 "Street signs: The SBI Cards IPO math, ETF overhang for YES Bank, and more")
Letter to BS: RBI reacted late to the bleeding financial report of YES Bank
Things could have been "nipped in the bud" by the RBI if it drew lessons from the bitter past episodes of banks 'covering up' their solvency
 "Letter to BS: RBI reacted late to the bleeding financial report of YES Bank")
Letter to BS: RBI move to cap YES Bank withdrawal limit a bad decision
Restriction on withdrawal will hit the bank badly
 "Letter to BS: RBI move to cap YES Bank withdrawal limit a bad decision")
Days after Yes Bank crisis, IndusInd Bank defers fund raising plans
The original plan was to borrow in local or foreign currency through AT-1 instrument or tier-2 capital
 "Days after Yes Bank crisis, IndusInd Bank defers fund raising plans")
SBI says YES Bank survival crucial, can invest up to Rs 10,000 cr in it
SBI chief asserts private lender's failure could have huge implications for economy, says many co-investors have evinced interest afte reading RBI draft
 "SBI says YES Bank survival crucial, can invest up to Rs 10,000 cr in it")
Yes Bank crisis: PayNearby says functioning 'without any disruption'
The Reserve Bank of India has imposed a moratorium on the bank and restricted withdrawals to Rs 50,000 per depositor till April 3
 "Yes Bank crisis: PayNearby says functioning 'without any disruption'")
Hold RBI accountable, bring YES Bank under govt control, says AIBEA
The AIBEA said that people's money should be for people's welfare and not for private loot
 "Hold RBI accountable, bring YES Bank under govt control, says AIBEA")
YES Bank crisis: PhonePe comes to a halt, but staff keeps it up and running
Payments firm came to a halt after RBI superseded YES Bank's board
 "YES Bank crisis: PhonePe comes to a halt, but staff keeps it up and running")
Newsmaker: Ravneet Gill and the big bet on the wrong bank
Gill had the unenviable task of steering a troubled entity with legacy issues. But he could have been more proactive
 "Newsmaker: Ravneet Gill and the big bet on the wrong bank")
YES Bank crisis: AMCs stare at Rs 3,345 cr exposure to equity, bonds
As per the data, SBI Mutual Fund has the highest exposure of Rs 152.83 crore, followed by Rs 67 crore by HDFC Mutual Fund in the bank's equities, as at the end of January.
 "YES Bank crisis: AMCs stare at Rs 3,345 cr exposure to equity, bonds")
YES Bank 'won't fall off the cliff', SBI to rescue it with 49% stake
To pick up 49% stake in bank for Rs 2,650 cr; administrator says working to revive bank well before moratorium period ends
Foreign exchange reserves a cushion for India against virus impact: RBI guv
He stressed that a swap line was critical from the point of view of preserving global financial stability
 "Foreign exchange reserves a cushion for India against virus impact: RBI guv")
YES Bank crisis: FM Nirmala Sitharaman asks RBI to fix accountability
Sitharaman said the RBI and the government had been closely monitoring YES Bank since 2017
 "YES Bank crisis: FM Nirmala Sitharaman asks RBI to fix accountability")
Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's
YES Bank will not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment
 "Moratorium on YES Bank is credit negative, highlights uncertainty: Moody's")
RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest
Since YES Bank is PhonePe's exclusive UPI partner, the latter's users have been affected the most
 "RBI's moratorium on Yes Bank disrupts digital payments, PhonePe hit hardest")