Reserve Bank Of India RBI

The cut-off yield in the auction of this bond came at 5.96 per cent, against its coupon of 5.77 per cent. The bond was launched just last week

Here are the top headlines of the day

Last year the RBI's board approved a record payment of Rs 1.76 trillion ($23.5 billion) to the government, which included Rs 1.23 trillion as dividend and Rs 526.4 billion from its surplus capital

Recommendations of P J Nayak Committee could see the light of day

Official data released on Thursday showed that CPI for July rose 6.93 per cent year on year, up from 6.23 per cent in June

OT involves buying of GSECs with longer-term maturities -- ten years and five years -- and selling of shorter-term GSECs of original/ residual maturities of one and three years

In revised guidelines, regulator says entities have time till March 2023 to reorganise their biz structure

Using the central bank's gold to raise resources is no substitute for bolstering the sovereign's credibility with investors

In May, the RBI had bought $4.663 billion and sold $300 million in the spot market. It had net purchased $4.363 billion in May

To use digital banking platform YONO extensively to cut-down on response time and scale up activity for it

The UCBs having total assets of over Rs 2,000 crore as on March 31, 2020, will be required to implement the system-based asset classification from June 30, 2021, an RBI circular said

Last week, the RBI allowed banks to go for a one-time restructuring of corporate and personal loans that are under stress due the Covid-19 pandemic

The bank was required to bring down the promoter's shareholding to 26 per cent

The central government ministries, too, are getting into the act on behalf of the sector.

RBI permitted banks to go for one-time restructuring of loans that are facing stress due to the Covid-19 crisis

Sitharaman says govt will soon be coming with taxpayers charter of rights which was announced in the Budget

Sentiment had been steadily falling since the government imposed the world's biggest pandemic lockdown in late March and collapsed further in July to reach 53.8, the RBI said

Govt appoints four more members; norms in 30 days after recommendations

From RBI policy review, Facebook planning further expansion to Voda Idea reporting Q1 loss, here are the top news on Friday morning

Here's a selection of Business Standard opinion pieces for the day