Page 334 - Latest Updates on Reserve Bank of India
Sebi seeks RBI help to attract corporate participation on comexes
Market regulators wants apex bank to ask lenders to make hedging of commodity price risk mandatory on domestic exchanges
 "Sebi seeks RBI help to attract corporate participation on comexes")
Equitas Holdings stock tanks after Sebi rejects listing proposal for SFB
The shares ended the session nearly 13 per cent lower at Rs 102 as analysts slashed price targets for the stock, citing so-called "holding company (holdco) discount"
 "Equitas Holdings stock tanks after Sebi rejects listing proposal for SFB")
SBI will move RBI to offer fixed-floating rate home-loans: Chairman
Rajnish Kumar said the central bank's recent guidelines on floating rate products for the retail segment has necessitated the need for the clarity
 "SBI will move RBI to offer fixed-floating rate home-loans: Chairman")
Is agriculture credit being used for the right purpose? RBI questions
Points to data showing its diversion and uneven distribution across many states
 "Is agriculture credit being used for the right purpose? RBI questions")
Focus on sustainability of agriculture, not loan waivers, says RBI
RBI panel says banks should partner agri-tech firms to provide quick loans to farmers
 "Focus on sustainability of agriculture, not loan waivers, says RBI")
Govt had no outstanding loans from RBI in week ended September 6
State governments had loans worth Rs 421 crore from the RBI in the week ended September 6 compared with Rs 606 crore in the previous week
 "Govt had no outstanding loans from RBI in week ended September 6")
RBI likely to go for further rate cut in October 4 meet, say experts
According to brokerages, moderating inflation and a negative output gap are likely to open the door for an accommodative monetary policy
 "RBI likely to go for further rate cut in October 4 meet, say experts")
On-tap licence regime: RBI doubles SFB net worth floor to Rs 200 crore
RBI has stated that the key criteria for licences will be the entity's ability to serve smaller customers
 "On-tap licence regime: RBI doubles SFB net worth floor to Rs 200 crore")
RBI proposes Rs 200 cr minimum equity capital to set up small finance bank
Releasing the draft guidelines for 'on tap' licensing of SFBs in the private sector, the RBI said existingNBFCs, micro finance institutions and local area banks can opt for conversion into SFBs
 "RBI proposes Rs 200 cr minimum equity capital to set up small finance bank")
Repo-linked loans: Home buyers to see higher outgo in initial years
Under the new structure, SBI has divided the principle amount of the loan by the tenur
 "Repo-linked loans: Home buyers to see higher outgo in initial years")
RBI cuts risk weight on consumer credit, including personal loan, to 100%
Currently, the risk weight requirement for such loans is 125 per cent
 "RBI cuts risk weight on consumer credit, including personal loan, to 100%")
10-year bond yields rise, may become tough for banks to pass on rate cuts
The domestic 10-year bond closed at 6.68%, from its Monday's close of 6.58%
 "10-year bond yields rise, may become tough for banks to pass on rate cuts")
Loan rates will come down
Over time, banks will be forced to either offer lower tenure fixed deposits or longer tenure floating deposits
A market for loans
Secondary market will need to cross many hurdles
 "A market for loans")
CEO pay can transform banks
Compensation structures can be designed to make risk management a core part of Indian banks' strategic decision making and planning processes
 "CEO pay can transform banks")
Reserve Bank of India refuses to extend Equitas SFB's listing deadline
The regulator has also frozen the pay of Managing Director and Chief Executive Officer Vasudevan P N as the bank violated listing norms
 "Reserve Bank of India refuses to extend Equitas SFB's listing deadline")
RBI deputy governor B P Kanungo sees risk of bond supply dwindling
The situation is not impressive in corporate bonds either
 "RBI deputy governor B P Kanungo sees risk of bond supply dwindling")
The benchmark problem
RBI's move can have unintended consequences
Experts give thumbs up to linking home loans to external benchmarks
If you are an existing borrower with an HFC or an NBFC, there will be considerable rate difference between your existing rate and what banks will offer on these external benchmark-linked loans
 "Experts give thumbs up to linking home loans to external benchmarks")
Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs
Centre to prepare report on U K Sinha panel's recommendations within 8 days
 "Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs")