Page 105 - Rbi

Fed's September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan

Radhakrishnan notes that global central banks' potential policy easing could further bolster demand

Idea behind SROs is not to make them more regulatory: Anish Mashruwala

The idea of SRO is not to make it more regulatory but it's more decentralisation from the regulator to allow a larger sense of how a particular product in the industry should develop, he says

Sovereign green bonds trading at IFSC to start in 2nd half of FY25: RBI Guv

Reserve Bank Governor Shaktikanta Das on Saturday said trading of sovereign green bonds can commence at the International Financial Services Centre in Gujarat during the second half of the current fiscal. "We are in discussion with the IFSC, it will be operationalised very soon. I think in the second half (of the current financial year), it will be possible," Das said. In April, the Reserve Bank of India (RBI) had announced that it will issue a framework to enable the trading of sovereign green bonds in GIFT City. The government has been raising funds through green bonds since 2022-23 and has raised a total of Rs 36,000 crore in the last two years. So far in the current financial year, the government has raised only Rs 1,697 crore out of the stipulated Rs 12,000 crore scheduled to be raised in the first half ending in September through green bonds as it did not find favourable bids. Asked about the tepid response from investors to such bond issuance, Das said, "as the debt manager

Key highlights: RBI Monetary Policy Committee keeps repo rate unchanged at 6.5%

On August 8, the RBI's rate-setting panel kept the repo rate unchanged at 6.5%. Governor Shaktikanta Das also announced the revised inflation and GDP projections for FY25.

RBI sells bonds for fourth straight week, amount decreases, shows data

The RBI typically sells or buys bonds to adjust banking system liquidity and rates in the market to align with monetary policy

RBI proposes new UPI feature: delegated payments

Your family members who may not be that tech-savvy could now be able to make digital payments safely via UPI even without having their own bank accounts. And it is you who can make that happen.

Need enabling framework to help cos issue ESG bonds locally: RBI official

There is a need to create an "enabling framework" to help Indian companies issue environmental, social and governance (ESG) bonds locally, a senior RBI official said on Friday. Underlining that capital markets regulator Sebi which looks after the regulations for the bond markets has done significant work, Dimple Bhandia, the chief general manager in RBI, also rued that the development in the repo for corporate bonds has not been satisfactory. "...we find that lot of our companies are going overseas and issuing ESG bonds. This is an area where we need to look at an enabling framework," Bhandia said, speaking at an event organized by industry lobby grouping Assocham here. Another disappointment has been the "non-starter" credit derivatives market, she said, recalling that very limited number of trades have taken place in it. She, however, said that the overall secondary market activity in corporate bonds is not as bad as one would think. Bhandia said even though its base is lower,

RBI expected to step up intervention if the rupee touches 84 level

Indian currency tested a series of record lows in recent days but stopped short of crossing that key level

Today, India is far more resilient than what it was earlier, says RBI

India has improved its resilience vis-a-vis external shocks quite a bit, Das said

Monetary policy: RBI holds repo rates again, cites food inflation risks

Red-flags top-up loans, credit card spends

Household optimism on economic conditions for coming year takes a hit

Sentiments about current employment conditions & own income deteriorate

Food inflation can't be ignored, need to remain vigilant: RBI Governor Das

Economic Survey had suggested exploring whether inflation targeting framework of the central bank should exclude food

Staying the course

Mr Das has set the record straight

RBI status quo on interest rates to boost demand for realty sector: CEOs

The real estate industry experts are expecting the move to continue the growth momentum in the sector

Banks should offer innovative products, service to garner deposits: Das

However, the governor did not give any specific instructions as far as interest rates on deposits are concerned

RBI's stance provides elbow room to check inflation, aid growth: Experts

Nikhil Gupta, Chief Economist, MOFSL Group said what probably was more important was the Governor's emphasis on headline inflation and the focus on inflation deceleration when growth remains so good

RBI to set up public repository of digital lending apps to help customers

It will help people find out of a digital lender has a relationship with a bank or NBFC

RBI MPC Meet: Repo rate unchanged at 6.5%, check GDP, CPI projections here

The RBI MPC has also decided to keep its stance of 'withdrawal of accommodation' unchanged with a majority of 4-2

RBI Monetary Policy meet: RBI keeps repo rate unchanged

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on August 8 decided to keep the repo rate unchanged at 6.5% for the ninth consecutive policy review, with a majority vote of 4-2.

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das

RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here