Page 21 - Anup Roy

Banks of future will be very different, says RBI governor Shaktikanta Das

Regulating the distinct segments of these banks would be a challenging task, said Shaktikanta Das

Cash is still king in India, but digital payments rising sharply: RBI

"India is next only to China in terms of the cash. However, the percentage of cash withdrawals to GDP has been constant in India at around 17 per cent," the report said.

Bank of America expects RBI to build $550-billion forex reserves

According to BofA, the 'conservative' level of forex reserves for the RBI works out to be $550 billion.

RBI receives Rs 1.23-trn bid for Rs 25,000-cr long-term repo operations

In the auction for three-year maturity liquidity operations made last week, the RBI had received bids worth Rs 1.94 trillion for Rs 25,000 crore on offer.

Rupee holds steady against US dollar amid a meltdown in global currencies

Currency dealers say the central bank is intervening so that the currency doesn't strengthen more

India must have at least six banks in top 100 global list: Economic Survey

Equity markets also discount PSBs

Budget 2020: Markets brace for Rs 8-trillion gross borrowing in FY21

Bond traders say the market wouldn't be perturbed if the government is not able to keep the fiscal glide path in mind and overshoots its targets by 0.5 percentage points

RBI Guv calls for structural reforms and fiscal measures to boost growth

The RBI cut rates by 135 basis points last year even as growth fell to a 10-year low in the second half of the fiscal year.

RBI raises short-term investment limit of FPIs to 30% from 20% of portfolio

FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.

The 'insider' on monetary policy: Meet Michael Patra, the new RBI Dy Guv

Patra wrote the monetary policy framework, which targets flexible inflation targeting, and is the basis of the six-member MPC in which Patra is a member

Michael Patra gets monetary policy dept in new role as RBI deputy guv

All these departments, in the past six months, were being managed by the three deputy governors

Now, switch on/off your card for online payment, set transaction limits

Facilities can be activated only when the customer specifically requests for it

YES Bank audit committee chief quits, says Gill misled on capital raising

The CEO initially did not want to disclose to the board the name of the investor who had given binding offers, Uttam Prakash Agarwal's letter alleged

YES Bank pares fundraising target to Rs 10,000 cr; junks Erwin Braich offer

This is a remarkable scale down by the bank, which urgently needs capital, but has failed to get so

RBI approves Aadhaar-based video authentication as alternative to e-KYC

Video KYC will have to be verified through Aadhaar

US-Iran conflict scare puts markets on edge, oil prices likely to go up

Experts fear risk-off trade, spike in oil prices, weaker rupee to hurt India's fundamentals

Liquidity surplus in banks races past Rs 4 trn. Will it lead to inflation?

The last such liquidity scene was witnessed just after demonetisation in end of 2016 and early 2017 when banks were parking their deposit-linked money with the central bank

RBI raises concerns about companies shopping around for favourable ratings

Non-disclosure of indicative ratings by agencies makes it difficult to identify such instances, according to the FSR

Slowdown, credit squeeze to increase NPA, but banks more resilient now: RBI

Says geopolitical uncertainties an overhang; CAD to remain under control

Housing prices in cities continue to moderate, says RBI report

On a year-on-year basis, a large variation was observed in HPI growth, with Kanpur recording the highest rise (18.3 per cent) and Delhi recording the maximum contraction (-2.6 per cent), said the RBI.