Page 824 - Finance News

RBI liquidity operations not meant to manage bond prices: Viral Acharya

The central bank kept its main repo rate at 6.00 percent for a third straight policy meeting and retained its "neutral" stance

Highlights of RBI policy: Q4FY18 inflation projection raised to 5.1%

Export growth expected to improve further on account of improving global demand

RBI monetary policy LIVE: RBI keeps repo rate at 6%, flags inflation risks

RBI sees pick in credit growth due to bank recapitalisation and resolution proceedings under IBC

RBI monetary policy: MPC keeps repo rate unchanged; read full text here

The six member monetary policy committee of the Reserve Bank of India (RBI), lead by Governor Urjit Patel, on Wednesday decided to keep the key policy rates unchanged in its final policy of FY18

RBI keeps key policy rate unchanged at 6% on inflationary concerns

In its December review, the MPC had kept the benchmark interest rate unchanged on concerns of a possible price rise

RBI policy preview: Inflation guidance to be key; expect no change in repo

Inflation is expected to accelerate after the government's budget last week widened its fiscal deficit target for the fiscal year starting in April to help finance a sharp increase in spending

Here are the tools available to RBI to manage surge in bond yields

The central bank can openly buy from the secondary market through its open market operations programme

Cooperating with investigations in South Africa, says Bank of Baroda

The lender said some of the matters are sub-judice, including its appeal against a fine of an equivalent of Rs 50 million

Rising inflation may lead to interest rate hike in future, says PNB chief

RBI will unveil its bi-monthly policy amid widespread expectations that the central bank may go in for a status quo for the third time in a row

Punjab National Bank Q3 net profit up 11.1% at Rs 2.3 bn, bad loans decline

The public sector lender's total income increased by 8.02 per cent to Rs 152.57 billion for the quarter under review

After PNB and BoI, Union Bank to now rationalise branch, ATM networks

The bank began the groundwork in the third quarter and part of the plan will be implemented in the fourth quarter

On Wednesday, RBI may keep repo rate unchanged at 6%: BNP Paribas

The report said RBI bond purchases would not only provide the market some succour, but also provide support to the economy

Bank of Maharashtra Q3 net loss widens three-fold to Rs 59.67 billion

Bank's Capital Adequacy Ratio (CAR) stood at 11.29 per cent at end of December 2017, against 11.43 per cent in December 2016

RBI monetary policy 2-day meeting begins; to decide on key rates tomorrow

The outcome of the 6-member MPC meeting is being keenly awaited by stakeholders amidst a huge sell-off in the stock markets globally

Still reeling from note ban, Ujjivan Fin Services' Q3 net falls 34%

However, asset quality improves as gross NPAs drop to 4.24%

Gulf Oil Lubricants India clocks record 59% growth in net profit for Q3

Net revenue for the reporting quarter stood higher at Rs 3.55 billion, up by 34.3 per cent versus Rs 2.64 billion in December quarter of FY17

SBI board to meet this week to consider Rs 88-bn fundraising from govt

The Central Board of the Bank at its meeting scheduled for February 9 will consider the proposal of raising equity capital

Bank of Maharashtra Q3 net loss widens three-fold to Rs 5.96 billion

Net NPAs too rose to 12.17 per cent of the net advances by end of the third quarter from 10.67 per cent in same period a year ago

RBI to turn hawkish, keep rates on hold through middle of 2019: Poll

When asked at what level of inflation the RBI would consider taking rates higher, the consensus was 6 per cent, the upper limit of the central bank's inflation target

How $30 bn hit looms for banks if new accounting rule kicks in on April 1

If advances grow more than 7 per cent or 8 per cent, banks may need $14 billion toward additional provisioning even after the recapitalization IndAS estimates