Page 143 - Reserve Bank Of India

See upturn in capex cycle, growth momentum to pick up: RBI report

'Can't let our guard down on inflation'

RBI sold $922 million in foreign exchange market in October: Bulletin

Forward purchase book shrinks $10 bln as RBI spreads out interventions

Outward remittance under LSR dips 28% to $1.92 bn in Oct, shows RBI data

International travel contributed over $970 million or 50 per cent of $1.92 billion remitted by Indians in October 2022

In a U-turn, outstanding NRI deposits rise in October, shows RBI data

In July, the RBI took steps to enhance fresh inflows into NRI deposit accounts

BS BFSI Insight Summit 2022: Fireside chat with RBI Guv Shaktikanta Das

Das as the RBI Governor is widely credited with having spearheaded RBI's proactive approach in handling the economic impact of the Covid-19 pandemic with 'whatever it takes' approach

BS BFSI Insight Summit 2022: RBI Deputy Guv T Rabi Sankar to speak

Sankar was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor. A career central banker, he joined the RBI in 1990 and has worked in a variety of positions

BS BFSI Insight Summit: India's biggest BFSI Summit to kick off on Dec 21

The country's biggest BFSI Summit will feature some of the most prominent voices in India's economic landscape, including RBI Governor Shaktikanta Das, Deputy Governors, and SBI chairman

BS BFSI Insight Summit 2022: RBI Deputy Guv M Rajeshwar Rao to speak

Rao looks after the Department of Regulation, the Department of Communication, the Enforcement Department, the Inspection Department, the Legal Department and the Risk Monitoring Department

BS BFSI Insight Summit 2022: Leading economists to discuss recession fears

From Aditi Nayar the Chief Economist at ICRA to Mridul Saggar, professor of practice, IIM Kozhikode; formerly MPC Member and RBI ED, here is the full list of economists on BFSI panel

Liquidity slips into deficit; RBI cash injections at over one-month high

Tax outflows drive tightness; banks face pressure to raise deposit rates

HDFC raises home loan rates by 35 bps, effective from December 20

With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to the borrowers

Looking back at 2022: RBI's regulatory review 2.0 is a game-changer

It has taken nearly two decades for RRA 2.0 to be set up under Shaktikanta Das in November 2021; and its recommendations in June this year must surely go down as a major reform

Axis Bank hikes MCLR by 30 bps across the board, effective December 17

This comes after RBI's monetary policy committee raised repo rate by 35 bps earlier this month to take it to 6.25%

India's economic activity may have slowed down in Nov as resilience wanes

Demand for bank credit remained healthy at 17.2%, even amidst tighter liquidity conditions and higher borrowing costs, Reserve Bank of India data showed

Four years and four challenges of RBI governor

Shaktikanta Das is nimble-footed and open to ideas - a trapeze artist, and a master of the finest balancing act who listens to all but takes his own decisions

On balance, India is in a sweet spot

We have emerged as a source of global economic stability and are still the fastest-growing large economy

Kerala HC asks why RBI did not appear despite being served notice

Kerala HC asked why RBI did not appear before it even after being served a notice on pleas challenging the summons issued by ED in connection with its probe into the financial transactions of KIIFB

RBI's central board reviews current economic situation, challenges

The central board of the Reserve Bank on Friday reviewed the prevailing economic situation and challenges emanating from geopolitical developments. The 599th meeting of the Central Board of Directors of Reserve Bank of India (RBI) took place in Kolkata under the chairmanship of Governor Shaktikanta Das, the RBI said in a statement. "The board in its meeting reviewed the current economic situation, global and domestic challenges, including geopolitical developments, finance and trade," it said. The board also discussed the activities of select central office departments and the draft report on the Trend and Progress of Banking in India, 2021-22. Directors of the central board -- Satish K Marathe, Revathy Iyer, Sachin Chaturvedi, Venu Srinivasan, Pankaj Ramanbhai Patel and Ravindra H Dholakia -- participated in the meeting. Deputy governors Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, and T Rabi Sankar, were also present during the meeting.

Forex reserves swell by $2.91 billion to $564.06 billion as of Dec 9

India's forex reserves rose by USD 2.908 billion to USD 564.06 billion for the week ended on December 9, according to the Reserve Bank data released on Friday. In the previous reporting week, the overall reserves had soared by USD 11 billion to USD 571.16 billion. This is the fifth consecutive week of an increase in the reserves. In October 2021, the country's foreign exchange kitty had reached an all-time high of USD 645 billion. The reserves had been declining as the central bank deployed the reserved to defend the rupee amid pressures caused majorly by global developments. Foreign currency assets (FCA), a major component of the overall reserves, increased by USD 3.141 billion to USD 500.125 billion during the week to December 9, according to the Weekly Statistical Supplement released by the RBI. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange ...

Govt had no outstanding loans from RBI in Dec 9 week, says central bank

The central government had no outstanding loans in the week earlier as well