Page 20 - Reserve Bank Of India Rbi

Budget 2020: HDFC calls for one-time loan recast for stuck realty projects

Parekh said there have been precedents of similar one-time reliefs being allowed by the RBI in the past including in 1993 and also after the global financial crisis.

Weak demand and slowing economy now cast their shadow on private banks

The periodic data from the Reserve Bank of India highlights how the slowdown is hurting the banking sector

Govt's fiscal woes likely to climb as gross spending to rise by 20%: Report

The total budgeted expenditure of the central government for 2019-20 is Rs 27.86 trillion.

FPIs set to seek clarity from RBI, Sebi on debt default resolution

This comes after the central bank hiked the short-term investment limit for FPIs in both corporate and government debt, last week, to 30 per cent from 20 per cent

Ahead of Budget 2020, FPIs reduce bond exposure on unfavourable cues

There is fear that the RBI has no wiggle room for further rate cuts. Without rate support, yields will rise. This translates into a fall in prices for bonds

Shriram Capital halts 3-way merger with NBFC arms after RBI request

Shriram Capital was planning to combine with its publicly traded units Shriram Transport Finance and Shriram City Union Finance

Glitter versus gold in policy-making

Three years of slowing growth hold two important lessons for the Budget

RBI scraps certificate of authorisation of Vodafone's mobile payment app

Last year, Vodafone Idea had decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), with which it was being merged.

In a first, RBI puts out minutes of its October central board meeting

Such minutes will be available within two weeks from the date of its confirmation in the next meeting of the central board and on being signed by the chairman in the same meeting, the RBI said

Letters to BS: Should RBI officers be generalists or specialists?

The controversy whether the RBI officers - entrusted with overseeing - should be generalists or specialists arose at the very inception, way back in 1949 when this function first devolved on the RBI

RBI may discuss interim dividend issue in board meet amid revenue shortfall

If the RBI board agrees to interim dividend based on their six-month performance, it would provide some financial relief to the government, sources added.

Financial firms can now save cost through video KYC; data concerns galore

V-KYC will also prevent confusion and issues later; you will only need to fill in the online form on your lender's website or app to apply for opening an account or for a loan

Now, switch on/off your card for online payment, set transaction limits

Facilities can be activated only when the customer specifically requests for it

Behind large numbers: When will corporate investment cycle fire up?

A more granular analysis of FY19 and FY18 credit data shows that of the 161 and 148 firms which fall in the 'very large accounts' category, 126 firms were common for both the years

Inflation expert Michael Patra to be new deputy governor of RBI

Soft spoken, articulate, and celebrated for his disciplined and original research work, Patra is known to take hawkish stance who constantly prefers rate hikes

Bengaluru co-operative bank comes under RBI curbs, blames 62 dud loans

"Your money is 100 per cent safe with Sri Guru Raghavendra Sahakara Bank. It's my responsibility," Ramakrishna said at Sri Guru Narasimha Kalyanamandira auditorium, to assure depositors

24x7 Forex market ops: Some NDF volume to move onshore, say experts

The cause for concern for the RBI in this regard is that it has no control over the NDF market, whereas, the onshore market is under direct supervision of the regulator

Sachin Bansal's Chaitanya India applies for universal banking licence

If given a license, Chaitanya will be the second microlender after the West Bengal-focused Bandhan to be granted a universal banking license

Momentum generated by PM's Jan Dhan Yojana needs to be taken forward: RBI

The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in August 2014, was a "watershed" in the financial inclusion movement in the country, the RBI said

Govt may seek another interim dividend from RBI as revenue drops: Report

The fresh call comes just months after the Reserve Bank of India (RBI) approved a 1.76 trillion rupees ($24.8 billion) dividend payment to the federal government