Page 311 - Latest Updates on Reserve Bank of India
Withdrawal limit to 'govt bailout': 10 points about Yes Bank's troubles
Yes Bank has been placed under moratorium and the government is reportedly planning a rescue plan involving a capital injection by a consortium led by State Bank of India.
 "Withdrawal limit to 'govt bailout': 10 points about Yes Bank's troubles")
Yes Bank put under moratorium, withdrawals capped at Rs 50,000
The RBI removed Yes Bank's board and appointed Prashant Kumar, a former chief financial officer of the State Bank of India (SBI), as administrator.
 "Yes Bank put under moratorium, withdrawals capped at Rs 50,000")
RBI imposes moratorium on Yes Bank, caps withdrawals at Rs 50,000
Earlier in the day, sources said SBI along with some other financial institutions would bail out capital-starved Yes Bank, with the government giving the go-ahead.
Crude to snuff gains from weak rupee, muted global demand to hurt exports
Tourism and hospitality, auto and aviation could see a demand crunch amid coronavirus; earnings from rupee depreciation to export-driven sectors such as IT and pharma could be limited
 "Crude to snuff gains from weak rupee, muted global demand to hurt exports")
RBI may use unconventional tools to combat coronavirus impact: Report
Globally, central banks are taking steps to provide liquidity to stabilize financial markets, which have sunk as the coronavirus spread over more than 80 countries.
Coronavirus outbreak: US Fed cuts rates by 50 bps, RBI ready to take action
This is the first time in over 11 years that the Fed has cut policy rates by 50 bps or more
 "Coronavirus outbreak: US Fed cuts rates by 50 bps, RBI ready to take action")
Ready to take action for smooth functioning of markets: RBI on Coronavirus
The apex bank says it is closely monitoring global and domestic developments continuously
 "Ready to take action for smooth functioning of markets: RBI on Coronavirus")
Monitoring coronavirus impact on markets, ready to take action: RBI
The outbreak of coronavirus and subsequent spread to geographies across the world has adversely affected the financial markets
 "Monitoring coronavirus impact on markets, ready to take action: RBI")
RBI nudges public sector banks to take steps to increase credit growth
Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period
 "RBI nudges public sector banks to take steps to increase credit growth")
RBI receives Rs 1.71 trn in third LTRO conducted for Rs 25,000 crore
The central bank received 66 bids in the three-year tenor LTRO, which has reversal date on March 1, 2023
 "RBI receives Rs 1.71 trn in third LTRO conducted for Rs 25,000 crore")
Policy challenges of India's trek to bond indices
If the volatility in the financial market continues for a prolonged period, it could also result in important implications for asset prices
 "Policy challenges of India's trek to bond indices")
Risks to revival
The spread of coronavirus adds to significant uncertainty
 "Risks to revival")
Top events of the day: RBI guv to meet bank CEOs, Article 370, and more
Israel was preparing on Sunday for unprecedented repeat parliamentary elections on Monday, for the third time in less than a year
 "Top events of the day: RBI guv to meet bank CEOs, Article 370, and more")
Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today
One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.
Bank credit growth dips to 8.5% in January from 13.5% year-ago: RBI data
Growth in advances to the services sector decelerated to 8.9 per cent from 23.9 per cent in January 2019
 "Bank credit growth dips to 8.5% in January from 13.5% year-ago: RBI data")
Currency traders see no reason to panic due to coronavirus outbreak
If there is news about the possible containment of the virus, the rupee can strengthen rather sharply
 "Currency traders see no reason to panic due to coronavirus outbreak")
Economic tonic from Rajan: Fight virus first and worry about stimulus later
The priority should be on convincing companies and households that the virus is under control, said the former RBI governor
 "Economic tonic from Rajan: Fight virus first and worry about stimulus later")
India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2
FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy
 "India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2")
Analysts expect RBI to cut rates on growth concerns, coronavirus scare
Analysts expect an impact on India due to raw material shortages likely to disrupt supplies for key industries
 "Analysts expect RBI to cut rates on growth concerns, coronavirus scare")
Will Q3FY20 GDP numbers surprise today? Here's what analysts expect
Despite the number of measures by the Government and the RBI, the leading indicators available till the quarter ended December, 2019 are not particularly robust
 "Will Q3FY20 GDP numbers surprise today? Here's what analysts expect")