Page 328 - Latest Updates on Reserve Bank of India
UPI system payments glitch: Sebi knocks on RBI-regulated NPCI's door
Several investors were irked for failing to get allotment in the hugely successful IRCTC issue
 "UPI system payments glitch: Sebi knocks on RBI-regulated NPCI's door")
Snooping row: Govt mulls safety audit of WhatsApp Pay; launch to be delayed
Last week, Facebook-owned WhatsApp said it was filing a federal complaint in the US against Israeli technology firm NSO Group
 "Snooping row: Govt mulls safety audit of WhatsApp Pay; launch to be delayed")
RBI slaps Rs 5-cr penalty on Gujarat's Mehsana Urban Co-operative Bank
The penalty was imposed through an order dated November 4
 "RBI slaps Rs 5-cr penalty on Gujarat's Mehsana Urban Co-operative Bank")
Rate cut is the only way out of economic slowdown, feel analysts
Bank of America Merill Lynch expects the RBI to slash rates by 25 basis points (bps) in its December monetary policy review and follow it up with another 15 bps cut in February 2020
 "Rate cut is the only way out of economic slowdown, feel analysts")
Regulatory sandbox: RBI seeks applications to test retail payment products
The RBI said the window for submission of applications will be be open from November 15 to December 15, 2019
NBFCs will have to maintain liquidity coverage ratio, says RBI
This will help them meet short-term obligations so that they can survive any acute liquidity crisis
 "NBFCs will have to maintain liquidity coverage ratio, says RBI")
Icra sees FY20 bank credit growth declining to 8.5% from 13.3% last year
The recent changes in mutual funds regulations are likely to result in a decline in the volume of commercial paper outstanding by March 2020
 "Icra sees FY20 bank credit growth declining to 8.5% from 13.3% last year")
RBI wants NBFCs to adopt better risk-monitoring tools to gauge liquidity
The regulator also wants the shadow banks to monitor their liquidity risks based on a stock approach to liquidity
 "RBI wants NBFCs to adopt better risk-monitoring tools to gauge liquidity")
RBI mandates 67% variable pay component for brass of private, foreign banks
The regulator said if the variable pay is up to 200% of the fixed pay, at least 50% of it should be in non-cash
What next Lakshmi Vilas Bank?
... A fire sale of equity or merger with a strong bank? Time is running out. There aren't too many choices
 "What next Lakshmi Vilas Bank?")
Planning to take a home loan? A snapshot of rates offered by various banks
Here's how the home loan rates by public and private sector banks stack up
 "Planning to take a home loan? A snapshot of rates offered by various banks")
Reserve Bank of India rejigs regulatory and supervision departments
The restructuring will give categorised supervisory approach to all the RBI supervised entities linked to their size, complexity.
Indian Bank reports Rs 1,004-crore divergence in provisioning for bad loans
The bank had reported a provisioning of Rs 6,131.86 crore for non-performing assets, while the RBI had assessed provisions of Rs 7,135.85
 "Indian Bank reports Rs 1,004-crore divergence in provisioning for bad loans")
Congress questions govt's 'data integrity', says economy facing stagnation
Congress spokesperson Sanjay Jha said the government is in a deep sleep 'like Rip Van Winkle', the famous fairytale character
 "Congress questions govt's 'data integrity', says economy facing stagnation")
RBI rejigs departments for better supervision, regulation of banking sector
The development follows the RBI's central board decision to create separate supervisory and regulatory cadre
 "RBI rejigs departments for better supervision, regulation of banking sector")
Rajan responds to FM's comment, says two-thirds of his tenure was under BJP
He said the country needs a new generation of reforms to accelerate economic growth. At 5% GDP growth rate, India was witnessing substantial economic slowdown
 "Rajan responds to FM's comment, says two-thirds of his tenure was under BJP")
Bandhan Bank fined Rs 1 crore for not bringing down promoter stake
The private lender was supposed to bring down the shareholding of its non-operative financial holding company
 "Bandhan Bank fined Rs 1 crore for not bringing down promoter stake")
Assure our money is safe, revive PMC Bank: Depositors urge RBI
The PMC Bank has been put under restrictions by the RBI after an alleged fraud of Rs 4,355 crore scam came to light
 "Assure our money is safe, revive PMC Bank: Depositors urge RBI")
IEX eyes new tech-based opportunities for next level of efficiency
IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players
 "IEX eyes new tech-based opportunities for next level of efficiency")
Risk-based premium for deposit insurance: Time right, but tough to follow
If RBP kicks in, there will be a shakeout among urban-cooperative banks
 "Risk-based premium for deposit insurance: Time right, but tough to follow")