Page 226 - Reserve Bank Of India

Liquidity in the banking system rises as govt steps up spending

Net daily liquidity absorbed from banks on July 9 was Rs 4.6 trillion, data released on Monday showed

Interest rates and asset prices

Low interest rates in a downturn tend to push up asset prices (and high interest rates in a boom can lower asset prices).

Only nine large firms' debt of Rs 59,000 crore recast by banks so far

Kamath panel approved all the nine proposals of banks

Given nod to set up small finance bank to take over PMC Bank: RBI to HC

A senior advocate representing the RBI said this will ease the trouble faced by the bank's customers who are unable to withdraw their money

RBI allows SFBs to merge with holding cos; Ujjivan, Equitas Holdings up 20%

The Reserve Bank of India has allowed small finance banks (SFBs) and respective holding companies to apply for the Amalgamation scheme

Rupee slides toward year's low against dollar as trade deficit widens

The Reserve Bank of India also has $600 billion of currency reserves to draw on to curb any sharp fall in the rupee

Status check: Banks are yet to build up a robust 'Covid loan book'

The RBI came up with the scheme on May 7, mainly for the health sector. It subsequently increased the amount to include contact intensive sectors to ease the hardship

Did central planning end in July 1991?

Government picking winners is alive and well

Take adequate, long-term exposure to equities to counter inflation

In the short term, take on part-time work and postpone discretionary expenses to cope with this round of price rise which may not end in a hurry

Reserves remove doubt on ability to act: RBI Governor Shaktikanta Das

Economic activities are expected to improve further going into July or into the second half, says Governor Das

New 10-year bond at 6.1% signals RBI's tolerance for higher yields

Bond dealers welcome move, say this would help correct distortion in the yield curve

RBI Governor: Hasty withdrawal of accommodative policy will hurt nascent growth

From inflation to the impact of the US Federal Reserve's decisions on India, RBI Governor Shaktikanta Das touched upon a myriad of topics in an exclusive interview with Business Standard. Watch this video for the key highlights of the interview. Find the full interview link here: https://mybs.in/2Zfqvl7

RBI could be facing another standoff with traders over new bond sale

Central bank seeks to keep the government's borrowing costs low, while investors are demanding higher yields.

RBI to banks: Phase out Libor soon, move to alternative reference rates

However, lenders say they're not sure which alternative will be more reliable

Investors need to adopt a barbell strategy for debt-oriented funds: Experts

Keep bulk of your portfolio in low-risk funds; chase returns in residual portion if you have the capacity

Bonds rally after RBI guv indicates accommodative policies will continue

"Any hasty withdrawal of monetary policy support will negate the nascent or incipient recovery that is taking place," RBI Governor Shaktikanta Das told Business Standard in an interview

Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das

Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.

Debt cut strategies useful for borrowers but they come at a cost

Loan restructuring and moratorium increase interest outgo

RBI imposes penalty of up to Rs 2 cr on 14 banks for non-compliance

The penalty ranges from Rs 50 lakh to Rs 2 crore, with SBI being charged Rs 50 lakh and BoB Rs 2 crore

Fresh tussle between RBI, bond market expected ahead of 10-yr paper launch

The 10-year paper is no longer the most traded one - which is unusual