Page 234 - Reserve Bank Of India

Ensure continuity in provision of financial services: RBI guv to pvt banks

RBI Governor Shaktikanta Das on Tuesday asked private sector banks to ensure continuity in the provision of various financial services, including credit facilities to individuals and businesses

Bank credit grows by 6.02%; deposits up by 9.87%, RBI data shows

In fiscal year 2020-21, bank credit had grown by 5.56 per cent and deposits by 11.4 per cent.

Mix of fiscal, monetary policies to mitigate economic downturn: RBI study

RBI study saying demand side channel needs to be complemented with a conducive monetary transmission mechanism from the supply side.

RBI issues guidelines for merging district central co-op banks with state ones

This is subject to various conditions, including that a proposal should be made by the state government concerned.

Best of BS Opinion: A recovery interrupted, RBI's disclosure dilemma & more

Here are the best of Business Standard's opinion pieces for Monday

RBI's new restructuring package for small borrowers: Will it work?

The new restructuring package for small borrowers has little chance of taking off

RBI's disclosure dilemma

While the RBI must respect the spirit of freedom of expression, we need to draw a Laxman rekha, and the RTI Act should not become a tool to bypass all confidentiality requirements under other laws

Explained: How RBI's tough new rules impact the audit companies

The central bank's tough new rules spell major changes in the competitive landscape for financial services audits

Reserve Bank of India fixes gold bond issue price at Rs 4,842 per gram

The issue price for the second tranche of the sovereign gold bond issue has been fixed at Rs 4,842 per gram, the Reserve Bank of India said on Friday

Best of BS Opinion: DHFL resolution, the collapse of Indian cinema & more

Here are the best of Business Standard's opinion pieces for Friday

Gilt funds back on investors' radar on RBI's 'accommodative stance'

Scheme category sees net inflows this April, for the first time since last December

Unnecessary deviation

DHFL should not go back to its erstwhile promoter

Reserve Bank imposes penalty on City Union Bank, 3 other lenders

The RBI has imposed monetary penalty on City Union Bank, Tamilnad Mercantile Bank and two other lenders for contravention of certain directions issued by the central bank. A penalty of Rs 1 crore has been imposed on City Union Bank Limited for contravention of/non-compliance with certain provisions contained in the RBI (Lending to Micro, Small & Medium Enterprises (MSME) Sector) Directions, 2017 and the circulars on Educational Loan Scheme and Credit Flow to Agriculture Agricultural Loans Waiver of Margin/Security Requirements. In another statement, the RBI said it has imposed penalty of Rs 1 crore on Tamilnad Mercantile Bank for non-compliance with certain provisions of directions issued by it on Cyber Security Framework in Banks. The Reserve Bank of India also imposed a penalty of Rs 90 lakh on Nutan Nagarik Sahakari Bank, Ahmedabad for non-compliance with directions Interest Rate on Deposits, Know Your Customer (KYC) and Circular on Frauds Monitoring and Reporting ...

RBI buys bonds worth Rs 35,000 crore under second tranche of G-SAP

The central bank has been buying bonds both directly, and anonymously, from the market in order to keep the bond yields low

NBFCs had objected to RBI rules on auditor change, called for expert panel

The RBI had said in its guidelines that all banks and NBFCs, except non-deposit taking ones below Rs 1,000 crore, should change their auditors

Dual regulation is bad

MFI issues won't be solved by state regulation

RBI asks PSBs to implement recently announced measures 'in right earnest'

RBI Governor urges banks to continue focusing on enhancing resilience of their balance sheets

Using reserves: When, if not now?

India continues to be in urgent need of various supplies to deal with Covid-19

Best of BS Opinion: China's scientific muscle, sovereign rating risk & more

Here are the best of Business Standard's opinion pieces for Tuesday

More steps for Covid affected soon, may have to change growth forecast: RBI

These will be on top of RBI's May 5 measures, such as Rs 50,000 cr package for healthcare sector and recast of loans up to Rs 25 cr for individuals and small businesses