Page 847 - Finance News

NCLT Bench quashes 75% vote requirement

Indian Overseas Bank, Central Bank of India and Bank of Maharashtra resisted resolution plan citing the 75% vote share clause

RBI MPC keeps repo rate unchanged at 6%, tells banks to shape up

Says recap will be front-loaded for healthy banks; others have to prove efficiency

Banks get level-playing field in ECB refinance

Currently, Indian corporates are permitted to refinance their existing ECBs at a lower all-in-cost

We are already on the uptick in terms of credit growth: RBI

Urjit Patel said, 'We have a neutral stance, which means that data flow in the coming months and quarters will determine what we do regarding the policy'

A prolonged pause on rates becoming the base case for monetary policy

Incoming data on growth will become increasingly important now

Liquidity is and will remain comfortable: RBI

RBI in total issued Rs 1 lakh cr of special bonds, sold another Rs 90,000 cr of regular bonds directly to secondary market

New Rs 50, Rs 200 notes not visually-impaired friendly, says Delhi HC

Said visually-impaired people were finding it difficult to use them due to their size and the tactile marks

Recapitalisation plan: RBI to determine which bank will get how much money

In October, govt announced Rs 2.1 lakh crore capital infusion into NPA-hit public sector banks over next two years

RBI caps charges on debit card transactions at Rs 200 for small traders

For transactions above Rs 1,000 and up to Rs 2,000, it was capped at 0.5% of the transaction value

RBI caps charges on debit card transactions at Rs 200 for small merchants

Charges capped at Rs 1,000 for merchants with over Rs 20 lakh annual turnover

RBI says no to rule tweaks despite massive NPA under-reporting by banks

The lenders started reporting divergences since this June for having under-reported NPAs in FY16

RBI to rationalise framework for MDR as debit card transactions shoot up

Merchant Discount Rate (MDR) is the rate charged to a merchant by a bank for providing debit and credit card services

RBI monetary policy: Repo rate unchanged at 6%, inflation forecast hiked

RBI deputy governor said, 'Liquidity conditions continue to normalise'

RBI retains FY18 growth projection at 6.7%, says 'risks evenly balanced'

It said shortfalls in kharif production and rabi sowing pose downside risks to the outlook for agriculture

RBI keeps repo rate on hold at 6%, inflation forecast increased

The RBI also kept the reverse repo rate unchanged at 5.75%

Full text: RBI keeps repo rate unchanged at 6%, growth estimate at 6.7%

The central bank also raised its inflation forecast for the third and fourth quarters of the current financial year to 4.3-4.7 per cent, and kept the economic growth forecast unchanged at 6.7 per cent

Monetary policy meet: RBI expected to maintain status quo today

While the policy stance would likely remain at 'neutral', many economists say it could be the end of rates easing cycle

Rate cut or status quo? RBI policy meet begins; decision on rate tomorrow

The MPC meeting outcome tomorrow is being keenly awaited by all stakeholders including the industry and stock markets

Govt says debt rollover risk will be low in next 5 years

The central bank's holding of sovereign debt also went up to 14.7% of the total stock as of March 2017

Monetary policy meet: Wary of inflation, RBI may keep policy rates on hold

In August, the RBI made its only cut in 2017, of 25 basis points, and in October, it held