Page 24 - Rbi Policy

RBI using alternative data sources for economic insights: Shaktikanta Das

World from moving from 'era of data scarcity to abundance', says central bank governor

BS Poll: Majority sees neutral interest rate between 1% to less than 2%

A debate on real interest rate has picked up steam as the repo rate has been kept unchanged at 6.5 per cent since February 2023 despite inflation prints showing a downward trend

India at cusp of structural growth shift, says RBI gov Shaktikanta Das

The Indian economy recorded a growth of 8.2 per cent in FY24 and averaged 8.3 per cent in the last three financial years

Additional director on Bandhan Bank is prudent measure by RBI: Macquarie

On Monday, RBI inducted an additional director on the board of Bandhan Bank - Arun Kumar Singh, former chief general manager of RBI

Govt bonds flattish as investors await inflows in index inclusion week

Indian bonds will be included in JPMorgan's widely-tracked emerging market debt index on June 28

India records current account surplus of 0.6% on higher service exports

India recorded a current account surplus of USD 5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank said on Monday. In the year-ago period, the current account deficit stood at USD 1.3 billion or 0.2 per cent of GDP, and the same was USD 8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023. For FY24, the current account deficit narrowed to USD 23.2 billion or 0.7 per cent of GDP against USD 67 billion or 2 per cent of GDP in FY23, the RBI said in a release on the Developments in India's Balance of Payments.

RBI's rate panelists see growth risks, call for rate cut to sustain economy

The views of the three members show increasing concern among policymakers about momentum in Asia's third-largest economy

Govt bond yields fall ahead of expected inflows post index inclusion

Foreign banks also stepped up purchases of bonds last week ahead of the inclusion, and is expected to continue this week as well

Bond investors positioned for India's index inclusion: Morgan Stanley

India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September

Switch to India's longer-dated bonds extends as index inclusion date nears

While news of Modi's poor electoral showing triggered a bond selloff, the market later recovered after cabinet appointments including FM Sitharaman were seen to indicate no change

RBI's MPC minutes: External members make a strong case for rate cut

Internal members, however, cited food inflation risk for maintaining the status quo and said the last mile of disinflation has been slow

Bank-NBFC interconnectedness poses systemic risks: RBI ED Lakshmi Kanth Rao

"Sector needs strong regulatory standards to ensure no gaps"

Trend upshift in growth post pandemic, rises to 8% in 2021-24: RBI report

Strong revival in pvt investment imp for growth

RBI will not force mergers of urban co-operative banks: RBI board member

In 2021, an RBI's expert committee had suggested that weak UCBs would get a regulatory nudge to explore voluntary merger

India's foreign exchange reserve hits new high of $655.81 billion

Foreign exchange market participants said that the RBI has been absorbing the foreign inflows, which led to the rise in foreign currency assets

India bond market to wait for fiscal layout clarity before next rally: Citi

The Fed kept policy rates unchanged with the interest rate dot plot projecting only one rate cut in 2024, down from three signaled in March

On table: Eye on prices of 16 more food items to protect 'garib ki thali'

Interim Budget-FY25 proposed to spend over Rs 43 crore for strengthening price monitoring cells at Centre and states

Technical glitch in bank-RBI liquidity management system resolved

The technical glitch prevented the ASISO facility in e-Kuber - the core banking solution of RBI - which is automatically triggered around midnight, from processing, said dealers

RBI's reserve maintenance system for banks fails on Tuesday, say traders

Indian banks need to park 4.5 per cent of their net deposits with the central bank and must maintain at least 90 per cent of this requirement every day

Make it more transparent

The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect