Page 444 - Finance News
Central Bank likely to be out of PCA framework in some three months
State-owned lender may also get capital infusion before the govt sets up privatisation.
 "Central Bank likely to be out of PCA framework in some three months")
RBI devolves bonds in auction, dodges market demand for higher yields
Central bank signals that it is no longer willing to continue with its easy money policy
 "RBI devolves bonds in auction, dodges market demand for higher yields")
Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra
Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.
 "Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra")
Canara Bank raises Rs 2,500 crore through Basel-III compliant bonds
Canara Bank on Friday said it has raised Rs 2,500 crore by issuing Basel-III compliant bonds to a total of 10 allottees.
 "Canara Bank raises Rs 2,500 crore through Basel-III compliant bonds")
Corporate-promoted NBFCs can have 15% stake in banks, with increase in cap
Banking experts said the move to increase non-promoter shareholding would help lenders with greater access to capital
 "Corporate-promoted NBFCs can have 15% stake in banks, with increase in cap")
What are Small Savings Schemes - types, returns and interest rates
Amid uncertainty in the equity-linked savings instruments, government's small savings schemes offer safe and assured returns. What are these schemes? Let us understand in this explainer
 "What are Small Savings Schemes - types, returns and interest rates")
India's monetary policy financially inclusive by design: RBI DG Patra
The country's monetary policy is, by design, financially inclusive and this strategy will result in policy effectiveness and welfare maximisation going ahead, Deputy Governor Michael D Patra said
DHFL case: Yes Bank's former business head Rajiv Anand gets bail
A special CBI court here on Thursday granted bail to Rajiv Anand, a former business head of Yes Bank, in a cheating and corruption case involving the private sector lender DHFL.
 "DHFL case: Yes Bank's former business head Rajiv Anand gets bail")
RBI imposes penalty of Rs 1 cr each on One Mobikwik, Spice Money
'It was observed that the entities had not complied with the directions issued by RBI on net-worth requirement for Bharat Bill Payment Operating Units,' says RBI
RBI extends card tokenisation rule by 6 months after industry request
Tokenisation refers to the technology of substituting sensitive card data with random numbers
RBI extends card tokenisation deadline by six months to June 30, 2022
The earlier deadline was December 31, 2021
 "RBI extends card tokenisation deadline by six months to June 30, 2022")
Banks need additional $70 bn to back $5- trn GDP: SBI's Dinesh Khara
Banks would continue to play a critical role in meeting the needs of corporations
 "Banks need additional $70 bn to back $5- trn GDP: SBI's Dinesh Khara")
Technology is causing disruptions in banking, says K V Kamath
Kamath recognised the great transition done by the banks over the last two years during the pandemic, however, the only issue is about how to compete.
 "Technology is causing disruptions in banking, says K V Kamath")
Banks raise over Rs 37,000 cr via AT1 bonds amid capital ratio concern
Call options for instruments raised last year and worth Rs 28,430 crore are due in the next financial year.
 "Banks raise over Rs 37,000 cr via AT1 bonds amid capital ratio concern")
Rates on hold but RBI MPC gets battle ready for economy as Omicron looms
Committee meeting kept policy stance accommodative as Jayanth Varma opposed, but the central bank later worked on raising money market rates through VRRR.
 "Rates on hold but RBI MPC gets battle ready for economy as Omicron looms")
What does the road ahead for cryptocurrencies look like in India?
India emerged as the fastest-growing crypto market in the world this year. A Bill to regulate it remained a work in progress. So, what's puzzling the government? And how was the year 2021 for cryptos?
 "What does the road ahead for cryptocurrencies look like in India?")
Physical, digital financial services to co-exist in India: SBI chairman
On the emergence of the co-lending model in India, he said it is an essential mechanism which was initially meant for establishing connections with the last mile
 "Physical, digital financial services to co-exist in India: SBI chairman")
MPC minutes: Omicron may derail ongoing demand recovery, says RBI Governor
'Need to remain vigilant to incipient cost-push pressures to inflation as well as to uncertainty imparted by Omicron. Its implication for inflation, going forward, are two-fold,' says Shaktikanta Das
 "MPC minutes: Omicron may derail ongoing demand recovery, says RBI Governor")
MPAI, ADIF write to RBI for an extension of tokenisation deadline
MPAI and ADIF have in their letter highlighted several operational challenges that will hinder the transition to the token-based payments ecosystem
 "MPAI, ADIF write to RBI for an extension of tokenisation deadline")
YES Bank board approves raising funds up to Rs 10,000 crore
The fundraising will happen through various instruments, including equity and bonds