Page 26 - Reserve Bank Of India Rbi

RBI panel suggests setting up new entity to boost home loan securitisation

Securitisation is needed to widen the pool of resources available to housing finance companies

PIL cannot be used as a weapon to challenge our decision: RBI in Delhi HC

The RBI made the submission in response to a PIL alleging that online payments platform Paytm was providing lending facilities in violation of the law regulating such activity

ARC role in resolution may help pare NPAs to Rs 9.1 trn by March: Crisil

With the share of cash deals rising, discounts could remain high. To make way for newer acquisitions and attract new and repeat investors, ARCs must quickly resolve assets and redeem security receipts

RBI task force calls for central corporate loan contract registry

The six-member task force, headed by Canara Bank chairman TN Manoharan, was formed to examine the scope for developing a secondary market for corporate loans

Gross NPA ratio of banks declines to 9.1% in FY19: RBI annual report

Fresh slippages have also come down and as a result, the system-level provision coverage ratio has jumped to 60.9 percent during the period

NBFC funding to commercial sector fell 20% in FY19 after IL&FS crisis: RBI

Credit flow from NBFCs to the commercial credit stood at Rs 9.34 trillion as of FY19, down from a high Rs 11.60 trillion as of FY18, the RBI says in its annual report for 2019

Currency in circulation jumps 17% to Rs 21.10 trillion: RBI annual report

The demand for the Rs 500 bill, which is the second highest denomination after the Rs 2,000 note, has soared the highest and now accounts for over 51 percent of the value of currency in circulation

RBI has Rs 1.96 trillion as contingency fund after record payout to Govt

The RBI board has decided to transfer the excess reserves to government based on the Bimal Jalan committee report on the appropriate economic capital framework

Utilising RBI's revaluation balances a moral hazard: Bimal Jalan panel

The committee said it will become a precedent for using rupee depreciation to fund fiscal expenditure

RBI finalises regulatory sandbox framework for innovation in fintech firms

If a fintech firm requires interface with a core banking system for example, a real-time and scaleable model of it will be made available

RBI MPC minutes reveal why Shaktikanta Das opted for rate cut of 35 bps

Two of his RBI colleagues and an independent member in the rate-setting MPC had also favoured a 35-basis point reduction, against the normal practice of 25 or 50 basis points change

Prospects of floating lending rate, fixed deposits spook bankers

If the private sector banks don't play ball, there is very little public sector banks can do to make the product a success

India's interest-rate stance now depends on data, says Shaktikanta Das

Das said he sees signs of a recovery in economic growth and further monetary policy steps will depend on incoming data

Jalan committee finalises report on RBI reserves; board meet on Aug 23

The Jalan committee report will not have the views of former finance and economic affairs secretary Subhash Chandra Garg

Budget numbers indeed look challenging to achieve: DSP MF's Saurabh Bhatia

Whilst the noise on feasibility of budget numbers and risks on sovereign borrowing would persist in the near term, the budget outcome has certainly eased the job for RBI MPC to ease rates further

Embracing innovation

Blanket ban on cryptocurrency isn't a good idea

Letter to BS: Regular CIBIL melas can reduce number of wilful defaulters

It is important to educate borrowers about the benefits of repayment of loans

No windfall gain

Transfers from RBI are unlikely to change fiscal reality

RBI forms working group to review regulatory norms on core investment firms

The terms of reference of the working group would be to examine the current regulatory framework for CICs

Should the central bank be board-managed?

If the government wants it that way, it should opt for the US Fed's Board of Governors structure