Page 84 - Latest Updates on Reserve Bank of India
RBI-appointed auditor completes the special audit of IIFL Finance
Finance firm facing curb on gold loan business
 "RBI-appointed auditor completes the special audit of IIFL Finance")
RBI penalties surge 88% in last 3 years, KYC and AML top violations list
The Reserve Bank of India has collected Rs 78.6 crore from these penalties over three years, including 261 penalties in 2023 alone
 "RBI penalties surge 88% in last 3 years, KYC and AML top violations list")
RBI Policy: What are the expectations from first MPC meet after elections?
Following the outcome of the Lok Sabha Elections, concerns have escalated over a potential deceleration in fiscal consolidation coupled with amplified welfare spending
 "RBI Policy: What are the expectations from first MPC meet after elections?")
RBI MPC June meeting underway: It's goal, members; everything explained
The RBI MPC is entrusted with the responsibility of monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth
 "RBI MPC June meeting underway: It's goal, members; everything explained")
MPC meeting: How has inflation behaved since RBI hiked repo rate last year
The expectations for the RBI panel to begin cutting interest rates soon are there, however, the exact timing remains uncertain
 "MPC meeting: How has inflation behaved since RBI hiked repo rate last year")
RBI may keep interest rates on hold as slim Modi win boosts fiscal risks
Economists had already been pushing their forecasts for rate cuts to later in the year, predicting the RBI won't move until the US Federal Reserve pivots
 "RBI may keep interest rates on hold as slim Modi win boosts fiscal risks")
RBI Monetary Policy June 2024: Check date, time and what to expect
RBI Policy: The six-member committee tasked with setting India's benchmark interest rate, the repo rate, will meet from June 5 to June 7
 "RBI Monetary Policy June 2024: Check date, time and what to expect")
Govt borrowing cut expectations fade as coalition govt takes shape
The bond market anticipates that the Reserve Bank of India (RBI) will continue conducting buyback auctions to manage the government's surplus cash
 "Govt borrowing cut expectations fade as coalition govt takes shape")
Smiling with a stiff upper lip
Alpana Killawala's book gives us a reality check and puts the role of communication at the Reserve Bank of India, along with people specialising in the function, into perspective
 "Smiling with a stiff upper lip")
RBI expected to hold rates on Friday as economic growth stays robust
The MPC last changed rates in February 2023, when the policy rate was hiked to 6.5%
RBI's Monetary Policy Committee second meeting of FY25 from June 5-7
A poll by Bloomberg revealed that economists expected the India's central bank to maintain the repo rate at 6.5 per cent for the eight consecutive time
Of cricket and monetary policy
The June policy will be one of status quo in every way. There will be no change in rate or stance
 "Of cricket and monetary policy")
Building blocks
Next govt must build on macro strengths
 "Building blocks")
India Q4 GDP numbers today: Will the actual data match the predictions?
India's GDP growth rate accelerated to 8.4% in Q3FY24; FY24 growth estimate at 7.6%
Govt bond yields largely unchanged as traders await fresh debt supply
New Delhi will raise Rs 29,000 crore ($3.48 billion) through the sale of bonds later in the day and the auction includes a new five-year paper worth Rs 12,000 crore
 "Govt bond yields largely unchanged as traders await fresh debt supply")
Reserve Bank of India to delay interest rate cut to late this year: Poll
With near-8 per cent growth, the fastest among major world economies, and above-trend inflation there is also little urgency for the RBI to begin cutting rates unless concerns emerge about a slowdown
 "Reserve Bank of India to delay interest rate cut to late this year: Poll")
RBI transfers 100 tonnes of gold from UK to its domestic vaults in India
Reports say that another similar amount of gold could be en route to the country in the coming months
RBI liquidity operations to match monetary policy stance: Annual report
Central bank says it uses 'judicious mix' of instruments to regulate liquidity
 "RBI liquidity operations to match monetary policy stance: Annual report")
RBI balance sheet grows 11.08% to Rs 70.47 trn in FY24, income up 17%
Central bank's contingency risk buffer at 6.5% of balance sheet, says annual report
 "RBI balance sheet grows 11.08% to Rs 70.47 trn in FY24, income up 17%")
RBI plans regulations to bolster financial sector, says annual report
Measures to be more principle-based rather than entity-oriented
 "RBI plans regulations to bolster financial sector, says annual report")