Page 202 - Reserve Bank Of India

Recapitalisation bonds to face mark-to-market provision, says RBI

The RBI also said that, 'investments classified under HTM shall be carried at acquisition cost, with the premium over the face value being amortised over the tenor of the instrument'

RBI extends timelines for banks to use lockable cassettes in ATMs by a year

The RBI decided to extend the timeline after it received representations from various banks and Indian Banks' Association expressing difficulties in meeting the timeline

Non-food credit growth accelerates to 8% in Feb: RBI data

For the current fiscal year till February 25, the non-food credit growth has accelerated to 6.2 per cent against 3.7 per cent for the same period of the last year

RBI risks falling behind curve on curbing inflation like US Fed: SBI Funds

The Reserve Bank of India has confounded market expectations with its accommodative policy even as inflation breached its 6% limit for two months

Time to widen the policy focus

The first big policy test of the new financial year will be the monetary policy review next week.

Best of BS Opinion: Reflection of time, irreversible damage & more

Here are the best of BS Opinion pieces of the day

RBI announces another $5-bn dollar/rupee sell-buy swap on April 26

The move is aimed to take out excess liquidity

Compliance, risk management, audit weaknesses of banks, says RBI's MK Jain

RBI's MK Jain observed that the compliance setup was not resourced adequately with required number and quality of staff in many cases.

A Panglossian countenance on inflation

Central bank communication had moved decisively from "secrecy" to "transparency and accountability" over the decades.

Maharashtra saw highest number of complaints against digital loan apps

A total of 2,652 complaints against digital loan apps (DLA) were received by 'Sachet' - a portal established by the RBI

RBI to maintain status quo at April meet: Axis Bank Chief Economist

On the currencies front, Bhattacharya estimated the rupee to depreciate to 76.50 against the dollar in FY23 as against 74.50 in FY22

Indian banking in pink of health but what next?

Banks are caught in their own narrative: credit growth. Soon, one may see bubbles in certain pockets.

Enforcement Directorate wants RBI to block NBFCs on a Chinese string

Lists 40 NBFCs extending small-ticket loans but acting as a front for Chinese fintech firms

Fintech delinquency rates are not alarming: LenDenClub CEO Bhavin Patel

The government is focusing on certain sectors like, say, infrastructure, and you will have a boom as a result of this: Patel

RBI releases framework for geo-tagging of payment system touch points

Geo-tagging refers to capturing the geographical coordinates (latitude and longitude) of payment touch points deployed by merchants to receive payments from their customers

RBI central board discusses impact of geopolitical crises on Indian economy

The 594th meeting of the Central Board of Directors of RBI was held on Friday at Bengaluru under the Chairmanship of Governor Shaktikanta Das

Top headlines: RBI reviews payment firms; US recovery helps India exports

The RBI has decided to review the business models of payment aggregators in view of a spate of frauds hitting customers.

Commodity price rise may affect India's economic recovery, says S&P

Due to the ongoing Russia-Ukraine war, India may face higher expenditure on items that the government subsidises, particularly food and fertiliser, if these markets are upended for an extended period.

Digital payments spike, but cash circulation still high, shows data

UPI has been the biggest beneficiary of the digital payments drive.

Data breach: Business models of payment platforms under RBI scrutiny

Seeks info on lending ops after cases of data breach