Page 190 - Reserve Bank Of India

RBI likely to raise interest rate by 25 bps-50 bps today: Experts

RBI Governor Shaktikanta Das has already indicated that there may be another hike in the repo rate though he refrained from quantifying it

Yields on state govt bonds harden ahead of RBI policy announcement

Bond dealers said the hike in yields on state government paper was in line with the increase across the board - treasury bills, Government of India (GoI) bonds, and corporate paper

BS Number Wise: India's savings don't help govt build a social safety net

India needs the other kind of saving now

Keep recovery agents at bay by working out repayment terms with lender

In extreme situations, file injunction suit against the latter to prevent it from taking coercive steps

RBI MPC meet: Question not whether to raise borrowing costs but by how much

With Wednesday's Monetary Policy Committee (MPC) decision following May's surprise 40 basis-point off-cycle hike, expectations have narrowed down to the size of increase to tame inflation

No plan to replace Mahatma Gandhi on Indian currency notes, clarifies RBI

There were reports that the RBI might be considering using the images of Rabindranath Tagore and A P J Abdul Kalam on new-series currency notes

10-year G-Sec touches 7.5% ahead of RBI's monetary policy review

The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers

RBI's monetary policy to focus on macroeconomic stability

Since the last policy announcement, inflationary risks have increased significantly

Widening earnings-bond yield gap may weigh on stock market performance

If bond yields continue to climb, Nifty valuations will have to lower to maintain the gap

Liquidity withdrawal expected as RBI set to hikes rates on Wednesday

RBI Governor Shaktikanta Das said late last month the bank's primary focus was to bring inflation down closer to target but it could not disregard concerns around economic growth

RBI's MPC starts 3-day deliberations amid speculation of rate hike

There are speculations that the central bank may go for at least 35 basis points (bps) hike over and above the 40 bps hike effected last month after an off-cycle MPC meeting

Hiccups over the last mile: Biz correspondent model may need overhauling

The BC model is essentially a regulator-led effort that not only aims to make financial services accessible through a branchless banking facility, but also supports the national agenda of job creation

Govt plans to offload some of interest cost on aid given to partner nations

The central government plans to tweak letters-of-credit rule

Another rate hike on cards, say experts ahead of RBI's MPC meeting

Reserve Bank is likely to increase the benchmark lending rate in quick succession in monetary policy review for which has already been given by Governor Shaktikanta Das, opined experts.

RBI policy, global trends to be key drivers for markets this week: Analysts

Last week, the BSE Sensex advanced 884.57 points or 1.61 per cent

Reserve Bank of India penalises Punjab & Sind Bank over non-compliance

The Reserve Bank on Friday said it has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on 'external benchmark-based lending'. A statutory examination of Punjab & Sind Bank revealed non-compliance with the directions, inter-alia, to the extent the bank linked certain floating rate retail loans and floating rate loans to micro and small enterprises, extended by it after October 1, 2019, to MCLR instead of an external benchmark, RBI said. A show cause notice was issued to the bank. "After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions made by it, RBI came to the conclusion that the charge of non-compliance ... was substantiated and warranted imposition of monetary penalty...," RBI said. The Reserve Bank of India (RBI), however, added that the penalty is based on the deficiencies in regulatory compliance and is not intended to ...

India's retail inflation may be at 5.7-6.9% in FY23, say economists

This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week

We expect positive momentum in realty sales in year ahead: Pavitra Shankar

'We plan to launch 8 million square feet in residential projects and 2 million square feet in commercial projects in FY23'

RBI likely to bring 0.40% hike in rates in next policy review meet: Report

The Reserve Bank is expected to go for another rate hike of 0.40% at the scheduled review of the monetary policy next week, a foreign brokerage said on Friday.

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions