Page 316 - Latest Updates on Reserve Bank of India
Banking consortium declares Rs 14,000-cr ABG Shipyard loan 'fraud' account
With the account being declared 'fraud', banks are not expected to make additional provisioning; it has been already classified a non-performing asset
 "Banking consortium declares Rs 14,000-cr ABG Shipyard loan 'fraud' account")
Banks continue to see drop in small study loans, but high-value ones rise
Experts also mentioned that the data suggests that the poorer sections of society could be borrowing less due to their weak ability to service loans
 "Banks continue to see drop in small study loans, but high-value ones rise")
RBI raises short-term investment limit of FPIs to 30% from 20% of portfolio
FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.
 "RBI raises short-term investment limit of FPIs to 30% from 20% of portfolio")
RBI raises investment limit for FPIs in government and corporate bonds
The short-term investment limit has now been increased from 20 per cent to 30 per cent in both the cases, the RBI said in a circular
 "RBI raises investment limit for FPIs in government and corporate bonds")
RBI to hold rates on inflation concerns, fiscal boost likely: Poll
The RBI was forecast to next cut rates by 25 basis points to 4.90% in the October-December quarter, according to the poll consensus
How RBI has empowered card customers with an additional layer of security
The option to switch on and off international or online usage gives an additional layer of security
 "How RBI has empowered card customers with an additional layer of security")
Neither affordable nor relevant
Is it time to review the need to maintain CRR funds with the central bank?
 "Neither affordable nor relevant")
Letter to BS: RBI won't be required if generalists could manage finance
It could have been a department of the Union Ministry of Finance.
It's divided house at RBI over new oversight cadre; board meet on Feb 15
Most officers want to opt out; issue to be taken up at central board meet
What next, Reliance Home Finance?
This is no default caused by liquidity tightness. It could have been avoided had the loans to group companies not been given. Period.
 "What next, Reliance Home Finance?")
To survive slowdown, small businesses must conserve and maintain cash flow
Conserve cash and maintain a steady cash flow to survive this economic slowdown
 "To survive slowdown, small businesses must conserve and maintain cash flow")
A lesson to learn: Economic problems can have counter-intuitive solutions
From drug price ceiling to additional duties on steel imports and export ban to counter onion shortage - govt response to several problems shows the lessons may not have been learnt, writes T N Ninan
R.I.P. interest subvention scheme
The tripartite agreement between the housing finance company (HFC), the developer and the buyer is loaded against the buyer
Real estate woes impacting core sectors; working with RBI for solution: FM
She said many funds are ready to invest but want more policy support
 "Real estate woes impacting core sectors; working with RBI for solution: FM")
RBI mulls one-time rollover loan recast of select real estate firms
Real estate industry associations - CREDAI and NAREDCO have been seeking this one-time rollover
 "RBI mulls one-time rollover loan recast of select real estate firms")
Michael Patra gets monetary policy dept in new role as RBI deputy guv
All these departments, in the past six months, were being managed by the three deputy governors
 "Michael Patra gets monetary policy dept in new role as RBI deputy guv")
Administrator of DHFL meets lenders today to take stock of their claims
The DHFL spokesperson, however, clarified that one bank's move may not have a bearing on other banks
 "Administrator of DHFL meets lenders today to take stock of their claims")
Bandhan Bank's net profit more than doubles to Rs 731 crore in Q3
Sequentially, net profit declined 24.79 per cent as it registered a profit of Rs 972 crore in Q2
 "Bandhan Bank's net profit more than doubles to Rs 731 crore in Q3")
Time to act is now! PSBs are fast losing market share to private peers
The truth is - falling market share of state-run banks is not something many will want to comment on record
 "Time to act is now! PSBs are fast losing market share to private peers")
Banks, bankers may face fines for poor progress over RBI's June 7 circular
The fresh set of guidelines, which will usher in a stricter compliance regime, is in the works and could be in the public domain by end of March
 "Banks, bankers may face fines for poor progress over RBI's June 7 circular")