Page 321 - Latest Updates on Reserve Bank of India
Govt's outstanding loans from RBI at $4.36 bn in week ended Dec 13
The central government had Rs 525.75 billion ($7.33 billion) outstanding loans in the week earlier
 "Govt's outstanding loans from RBI at $4.36 bn in week ended Dec 13")
RBI's sale and purchase of govt securities will be liquidity neutral: DBS
The central bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations for Rs 10,000 crore each on December 23, 2019.
 "RBI's sale and purchase of govt securities will be liquidity neutral: DBS")
RBI to buy and sell bonds worth Rs 10,000 cr via open market on Dec 23
Move signals lower bond yield at the long end
 "RBI to buy and sell bonds worth Rs 10,000 cr via open market on Dec 23")
RBI MPC minutes: Rising inflation, lack of rate transmission led to pause
Members will look for growth initiatives in Union Budget
 "RBI MPC minutes: Rising inflation, lack of rate transmission led to pause")
Rising onion prices taken up prominently in RBI MPC meeting, minutes show
The six-member MPC, headed by Das, had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation
 "Rising onion prices taken up prominently in RBI MPC meeting, minutes show")
BofA: Govt should push for fiscal expansion, growth bottoming up
The reason for the current slowdown is high real rates in the past, and delay in recapitalisation of banks, among others
 "BofA: Govt should push for fiscal expansion, growth bottoming up")
Fiscal deficit for April-November likely stood at 107% of FY20 target
For the deficit to be 3.3 per cent of GDP, it assumes a nominal GDP growth of 12 per cent in FY20
 "Fiscal deficit for April-November likely stood at 107% of FY20 target")
BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs
HDFC Bank MD Aditya Puri and SBI Chairman Rajnish Kumar discuss the present and the future of the industry in a fireside chat
 "BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs")
Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao
Subbarao pointed out that the nominal GDP growth has fallen to as low as 6.1%
 "Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao")
After NEFT, RBI is planning to make RTGS facility available 24X7
This could become a reality in a month or two, said a source
 "After NEFT, RBI is planning to make RTGS facility available 24X7")
India joins elite club to enable free 24x7 NEFT funds transfer facility
Freeing up such transactions were to give further impetus for such digital retail payments.
 "India joins elite club to enable free 24x7 NEFT funds transfer facility")
10-yr bond yields hit treasury math; moves up about 30 bps since rate pause
Market is waiting for the Budget to get more clarity on numbers, say experts
 "10-yr bond yields hit treasury math; moves up about 30 bps since rate pause")
The uncertain times continue for banks
It is difficult to say whether the banking sector will see the worst behind it by March 2020
 "The uncertain times continue for banks")
PMLA vs IBC: Experts explain why battle for primacy is far from over
Experts are sceptical about how it will play out
 "PMLA vs IBC: Experts explain why battle for primacy is far from over")
Budget 2020: Centre may announce increase in FPIs' debt limit to 10%
Existing limit for FPI investment in G-secs is 6% of the outstanding stocks of securities; govt may announce increase to 10% in Union Budget 2020
 "Budget 2020: Centre may announce increase in FPIs' debt limit to 10%")
Negative real interest rate no cause for concern, say economists
The RBI is expected to reduce its policy rate to 4.5% in this rate cycle, economists say
 "Negative real interest rate no cause for concern, say economists")
New intraday liquidity window for NEFT settlement from Monday, says RBI
All banks will be eligible for the intraday facility, but the limit will be set by the RBI from time to time
Post PMC scam, RBI board discusses functioning of co-operative banks
Following exposure of scam in the PMC Bank, which had over 9.15 lakh depositors, the RBI had imposed restrictions on withdrawals
Cash woes at India shadow lenders may lead to more bad debt at banks
Banks and non-bank firms are in a feedback loop, especially through exposures to the real estate sector, which is under "significant stress," Moody's said
 "Cash woes at India shadow lenders may lead to more bad debt at banks")
YES Bank share sale: Erwin Singh Braich, family offices may not be included
Bank plans to raise $1.75 billion; in talks with five European institutions: Ravneet Gill
 "YES Bank share sale: Erwin Singh Braich, family offices may not be included")