Anup Roy
Anup Roy
Page 33 - Anup Roy
Till March, Rs 2,000 notes were 50% of all notes, reveals RBI annual report
As of March, Rs 2,000 notes made of Rs 6.57 lakh crore of the total notes in circulation
 "Till March, Rs 2,000 notes were 50% of all notes, reveals RBI annual report")
99% of banned notes returned after demonetisation: RBI annual report
RBI annual report says Rs 15.28 lakh cr of the junked currency came back, leaving only Rs 16,050 cr
 "99% of banned notes returned after demonetisation: RBI annual report")
Banks play 'mind games' to woo customers
Big data and 'games' are the tools of the trade
 "Banks play 'mind games' to woo customers")
The cost of $400-billion forex reserves
Economists are not betting on great usage of this wealth as these are maintained at a high cost
 "The cost of $400-billion forex reserves")
RBI annual report: Provision figure confounds analysts
Demonetisation led to loss to RBI that had to give interest to banks against excess money deposited
 "RBI annual report: Provision figure confounds analysts")
Farm debt waivers push up interest rate in the economy: RBI Guv Urjit Patel
Farm debt waiver schemes announced since 2014 totalled Rs 1.3 lakh cr, which was about 0.8% of GDP
 "Farm debt waivers push up interest rate in the economy: RBI Guv Urjit Patel")
Money trail will lead to tax evaders: 5 things RBI report numbers indicate
It is now clear that some key members of the govt overestimated demonetisation's short-term gains
 "Money trail will lead to tax evaders: 5 things RBI report numbers indicate")
RBI asks banks to stick to December deadline for insolvency
The latest communique is a reminder of that deadline, say bankers
Demonetisation helped formalise savings: Study
The study was conducted by staff members of the Reserve Bank of India
 "Demonetisation helped formalise savings: Study")
Economic Survey flagged concerns over power sector NPAs
The twin balance sheet problem was responsible for slowdown in credit growth
 "Economic Survey flagged concerns over power sector NPAs")
RBI allays concerns on note quality
It said notes are well within various parameters for dimension, placement of design, print features
 "RBI allays concerns on note quality")
RBI's Mundra raps banks on customer service
Mundra was addressing bankers at the annual banking ombudsman conference, held on July 25
 "RBI's Mundra raps banks on customer service")
SC orders Ketan Parekh to pay up Rs 50 cr in 2 months or face detention
Bank of India claims Parekh owes the bank Rs 1,700 crore in damages, including interest
 "SC orders Ketan Parekh to pay up Rs 50 cr in 2 months or face detention")
Majority of economists see RBI rate cut next week: BS poll
But five of 14 economists say they expect RBI to hit the 'pause' button
 "Majority of economists see RBI rate cut next week: BS poll")
High real interest rates, strong rupee bring FPIs to debt market
However, risks are also increasing and could trigger a change in the trend seen so far
 "High real interest rates, strong rupee bring FPIs to debt market")
NSE technical glitch shows switchover to back-up site isn't easy
The banking sector was recently spooked by incidents of data breach and attempts of cyber-heist
 "NSE technical glitch shows switchover to back-up site isn't easy")
This is not jobless growth, says Arvind Panagariya
He adds, 'when 7-8% growth happens, it cannot happen that the labour market is not benefiting'
 "This is not jobless growth, says Arvind Panagariya")
Bonds rise on rate cut hopes
However, the RBI expects inflation to rise again to 3.5-4.5% in the 2nd half of the FY18
 "Bonds rise on rate cut hopes")
Bankers squabble over municipal bond mandates
Under the Smart Cities Mission, municipal bodies would issue bonds to raise money
Bond market rally may continue for a few more months
Yield on 10-year gilt closed at 6.5% on Friday, about 14 basis points down from pre-policy level
 "Bond market rally may continue for a few more months")