Page 199 - Reserve Bank Of India

Mkt hasn't adequately factored in risks to growth: Nomura's Saion Mukherjee

If inflation-related issues get more structural and last longer, rates can continue to surprise further on the upside, leading to contraction in valuation multiples: Saion Mukherjee

RBI looking for at least 50,000 sq ft office space in BKC, South Mumbai

The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai. According to an Expression of Interest (EoI) floated by the RBI, the acquisition of office premises is proposed on a long-term lease basis for a minimum 40,000 square feet carpet area located in and around BKC within a radius of 5 km from its BKC office. In another EoI, the RBI said the acquisition of office premises is proposed on long-term lease basis for at least 10,000 square feet carpet area located in and around South Mumbai within a radius of 5 km from its Fort office. Both the buildings should project a professional and aesthetically pleasing appearance and should be approved for office use, the central bank added. Cushman & Wakefield India Pvt Ltd is the appointed realty consultant agency for handling the work related to taking on lease commercial office premises in Mumbai, the RBI said. Gagan Randev, Executive Director,

Shorter-duration funds a good bet amid rising rates, say analysts

In its April 8 monetary policy review, the Reserve Bank of India (RBI) signalled that from being supportive towards growth, its focus would now shift towards reining in inflation

CBDC likely to pose risks for financial stability, says World Bank

CBDC differs from traditional central bank money in that it can be digitally created and recorded on centralised or decentralised ledgers

PPI rapidly catching on as a bottom-of-the-pyramid transaction system

These PPI options are fast becoming the cards of choice for the vast majority of Indians as per capita income creeps upwards.

Top headlines: Four rate hikes likely in FY23, 'Tata Neu' an instant hit

Business Standard brings you the top headlines this morning

RBI signals discomfort with sharp yield uptick; issues new seven-year paper

The RBI statement showed for a seven-year paper, the notified amount was Rs 7,000 crore and bids received were worth Rs 22,632 crore

Testing tolerance

Price pressure will need a monetary response

As inflation rises, RBI may hike repo rate by 25 bps in June: SBI report

The Russia-Ukraine conflict has significantly impacted the trajectory of inflation

March CPI inflation at 6.9% may trigger rate hike cycle from June: Analysts

Annual retail inflation shot up to a 17-month high of 6.95 per cent in March from a year ago, remaining above the tolerance limit of the Reserve Bank of India (RBI) for a third straight month

Bond yields continue to harden; rupee goes past 76 to a dollar

On Tuesday, the yield on the 10-year benchmark government bond advanced 5 basis points (bps) to close the day at 7.19 % - close to a three-year high

Reliance Cap lenders to ask bidders to make all cash bids, form consortium

An industry source says the Administrator appointed by RBI was not supporting all cash bids but CoC insisted on all cash offers from bidders

Delhi High Court asks RBI to look into plea against IndusInd Bank

Last year, an internal working group of the RBI had earlier recommended that promoters can increase their stake in private banks to 26 per cent from 16 per cent.

RBI restores pre-Covid timing of financial markets effective April 18

The trading hours were revised when the Covid-19 pandemic struck due to the opera­tional dislocations

Reserve Bank introduces principles for mid, large NBFCs

The central bank said that as part of the overall structure for corporate governance, compliance function serves a critical role

RBI says 22 NBFCs have surrendered their registration certificates

The central bank has cancelled their Certificate of Registration (CoR) as they have surrendered the same

RBI regulated markets to start trading at 9 am from Apr 18

From April 18, the trading hours of these markets will be from 9 am to 3.30 pm, the central bank said in a release on Monday

RBI's surprise hawkish pivot spurs economists to move up rate calls

The RBI surprised markets Friday by saying it now prioritizes tackling inflation over supporting economic growth

Best of BS Opinion: A faster rate hike, new programming language, and more

Here are the top BS Opinion articles of the day

Will there be a rate hike in June?

That it's not far away is a reality, and the Indian central bank is not in denial mode. Despite the rate not being increased, formally, there couldn't have been a more hawkish policy last week