Page 330 - Latest Updates on Reserve Bank of India
India is paying price for repeated failure to fix banking system: Jan Dehn
London-based Jan Dehn, head of research at Ashmore Investment Management,says he is not bearish on Indian equities and the current problems in India are cyclical, but the banking issue
 "India is paying price for repeated failure to fix banking system: Jan Dehn")
GNPA for PSBs in agriculture sector crosses Rs 1-trillion mark: RBI data
Instances and scale of farm loan waivers have seen an unprecedented increase since 2014-15... this surge is driven by state govt, finds RBI study
 "GNPA for PSBs in agriculture sector crosses Rs 1-trillion mark: RBI data")
Can LIC and Rakesh Sharma save IDBI Bank?
IDBI Bank will post net loss in September and probably in the December quarter too but it can come out of the woods
 "Can LIC and Rakesh Sharma save IDBI Bank?")
RBI's external benchmark move: All but a few link retail loan to repo rate
According to the Reserve Bank of India rules, banks can choose between repo, treasury rates, or any benchmark set by Financial Benchmark India Private Ltd for the rate setting purpose
 "RBI's external benchmark move: All but a few link retail loan to repo rate")
Reserve Bank board discusses commercial, co-operative banks, NBFCs
The meeting assumes importance after the Punjab and Maharashtra Cooperative Bank scam and the general liquidity deficit in the NBFC sector
 "Reserve Bank board discusses commercial, co-operative banks, NBFCs")
TPG stalls plan to sell 10% stake in Shriram Capital on valuations
The halt came as debt concerns spread at lenders, including Indiabulls Housing Finance and a regional bank.
 "TPG stalls plan to sell 10% stake in Shriram Capital on valuations")
Now free to pursue growth after RBI's decision, says Indiabulls Housing MD
We have raised about Rs 3,000 crore from banks in the last 10 days, said Gagan Banga
 "Now free to pursue growth after RBI's decision, says Indiabulls Housing MD")
RBI turns down Maha Bank's request to set-off losses on share premium
The bank would look for higher equity infusion from the central government, its promoter, and also look at tapping tier-II bonds to enhance capital adequacy
 "RBI turns down Maha Bank's request to set-off losses on share premium")
Financial sector stress
It is not obvious how the system will come out of it
 "Financial sector stress")
Financial sector stability & our cook Lilu-tai
PMC Bank cannot create systemic instability but the triumvirate of banks/UCBs, shadow banks and realty firms can play havoc with the Indian financial system
 "Financial sector stability & our cook Lilu-tai")
An appropriate call
Significant fiscal slippage could affect monetary policy
 "An appropriate call")
Indian states' fiscal battle amid economic slowdown: Explained in 8 charts
The RBI study shows that the aggregate debt level could go beyond 25 per cent of GDP in the current year itself if off-budget guarantees are taken into account
 "Indian states' fiscal battle amid economic slowdown: Explained in 8 charts")
RBI may cut rate by another 25 bps in December before hitting pause: Report
The Friday rate cut was the fifth consecutive rate reduction by the RBI this year
 "RBI may cut rate by another 25 bps in December before hitting pause: Report")
Why ration out rate cuts when slowdown is so sharp?
The direction is clear -- there will be more rate cuts but the pace will depend on the incoming data
 "Why ration out rate cuts when slowdown is so sharp?")
More rate cuts? RBI vows to ease monetary policy as 'long as necessary'
The Reserve Bank of India lowered its benchmark repurchase rate by 25 basis points to 5.15 per cent on Friday, in line with the forecasts of a majority of economists
 "More rate cuts? RBI vows to ease monetary policy as 'long as necessary'")
Business climate worst since 2008 financial crisis, says RBI survey
Business activity contracted in Q2 FY20, the first contraction since 2013-14 and the second since the global financial crisis
 "Business climate worst since 2008 financial crisis, says RBI survey")
Monetary policy review: RBI allows rupee derivatives trade in IFSCs
According to BIS, NDFs in six currencies account for two-thirds of the trade in the NDF globally
 "Monetary policy review: RBI allows rupee derivatives trade in IFSCs")
'Sitting ducks': $63 bn of zombie buildings sound alarm for Indian banks
As lenders stop new credit, builders are forced to offload properties
 "'Sitting ducks': $63 bn of zombie buildings sound alarm for Indian banks")
RBI sharply cuts FY20 GDP growth forecast to 6.1% amid economic slowdown
The drop in the central bank's outlook is more glaring if the entire rate cut cycle is considered
 "RBI sharply cuts FY20 GDP growth forecast to 6.1% amid economic slowdown")
RBI sticks to familiar script, cuts repo rate by 25 bps to 5.15%
The RBI's action was also influenced by central banks globally, especially those of the emerging markets
 "RBI sticks to familiar script, cuts repo rate by 25 bps to 5.15%")