Page 50 - Rbi Policy

At 16.2%, credit growth in banking system at multi-year high: RBI data

But a widening credit-deposit gap is a concern for lenders

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

RBI introduces compliance function for UCBs in Tier-3 and 4 categories

The compliance function would ensure strict observance of all statutory and regulatory requirements. UCBs with deposits of more than Rs 1,000 crore fall under Tier-3 & 4 categories

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RBI policy: MPC may raise repo rate 35-50 bps, shows Business Standard poll

Many expect the RBI to lower the GDP growth estimate to 7%

RBI net-sold $19.05 billion in forex market in July to protect rupee

RBI's forward purchases fell $9 bln in July as interventions spread across spot, forwards

Growth on strong footing, further tightening needed: RBI report

On the exchange rate, the report said the rupee was holding its poise, with adequate supplies of dollars

FSDC stresses on the need to monitor India's financial sector risks

Meeting discusses that it's endeavour of regulators to ensure incidents like the NSE colocation scam don't repeat and there are better ways to deal with the fallout

RBI Sept monetary policy review: Another 35-50 bps repo rate hike on cards

Terminal repo rate seen at 6%; interest cost for retail, MSMEs went up by Rs 42,000 crore says SBI report

Data monetisation should have consumer consent: RBI deputy governor

Last month, the government withdrew the Personal Data Protection Bill from the Lok Sabha and IT Minister had said the Centre was hopeful of getting a new legislation passed by the next Budget Session

RBI's policy decisions been in right direction, says Ashima Goyal

Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%

Tax payments: spurt in quarter-end activity may squeeze liquidity further

Interest rates on term deposits, money market instruments could go up further, even as RBI may conduct repo operations to maintain liquidity in the system

1-year median MCLR rise moderates in August, up 40 bps since June

Foreign banks have raised it the most, median rate up 90 bps; just 20-bp rise for private banks

Indian bond yields up for second straight day on debt supply woes

The benchmark 10-year Indian government bond yield ended at 7.2318%. The yield rose two basis points on Thursday to end at 7.2146%

Fed policy action, RBI rate decision key driving factors for mkts: Analysts

The US Fed policy action, RBI rate decision and foreign fund flows are some of the major factors that will guide the equity markets in the near-term, analysts said on Wednesday. Besides these, September quarter earnings announcements would also pave the way for the markets, whose overall structure remains bullish, they added. From its 52-week low of 50,921.22 quoted on June 17 this year, the Sensex has jumped 16.91 per cent till now. The Nifty has climbed 16.96 per cent from its 52-week low of 15,183.40 on June 17 this year. So far in 2022, the BSE Sensex has climbed 2.20 per cent and the Nifty has advanced 2.33 per cent. "We believe that the underlying market is bullish. Given India's stance as a high-performing economy, there are many reasons for India to be an excellent performer as we advance," said Sunil Damania, Chief Investment Officer, MarketsMojo. He said the rupee has stabilized after hitting an all-time low level. The rupee is currently hovering at 79.50 against the US

Reserve Bank can hike repo rate to 6% by December, say economists

The RBI rate hike expectations come despite economists predicting a moderation in inflation due to slump in global commodities and easing supply chain bottlenecks

Bond yields slide as reports tout progress in global listing of Indian debt

A fall of one basis point on the 10-year bond yield corresponds to a rise in price of roughly seven paise

Surplus parked with RBI falls below Rs 1 trillion as liquidity shrinks

RBI's forex moves, strong credit off-take lead to faster liquidity decline

Base effect to lift India's GDP growth to double-digits in Apr-Jun: Poll

Growth would be the fastest in a year, but slightly weaker than the Reserve Bank of India's forecast of 16.2%. The data will be released at 1200 GMT on Aug. 31

Rupee to remain under pressure despite RBI support, says Societe Generale

Rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows RBI's intervention, suggested Societe General