Page 241 - Reserve Bank Of India

Amid Covid surge, RBI to opt for status quo in monetary policy: Experts

Amid uncertainty created by surge in coronavirus cases, the Reserve Bank of India (RBI) is likely to maintain status quo at its next monetary policy review and wait for some more time before taking any action to spur growth. The RBI is slated to announce its first bi-monthly monetary policy of the 2021-22 fiscal on April 7, 2021 after a three-day meeting of the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das. On February 5, after the last MPC meet, the central bank had kept the key interest rate (repo) unchanged citing inflationary concerns. According to experts, the RBI is likely to continue with the accomodative monetary policy stance and wait for an opportune time to announce monetary action with a view to ensure the best possible outcome in terms of pushing growth without sacrificing the main objective of containing inflation. In a report, Dun & Bradstreet said the recent surge in the COVID-19 cases and the restrictions imposed by several states will ...

Second Covid wave unlikely to derail India's growth: RBI Governor

There should be an orderly evolution of the yields, says Shaktikanta Das

Regulation by circulars?

The recent semi-public exchanges between Sebi and DFS raise several questions about the legislative function of regulators that need careful consideration

RBI has major concerns on cryptocurrencies, flagged it to govt: Governor

The comments come in light of what has been termed as confusing signals from the government on the cryptocurrencies

Banking on crisis management: Meet Gopinath, head of SEAC on bank licences

Ever-smiling, consciously low profile, and unfailingly polite, it is easy to mistake her for a family matriarch rather than a doyenne of high finance in India

The making of another storm

Evolving conditions in both domestic and international markets can materially increase policy complexities

A good glide path

AT1 bonds may lose sheen but Sebi takes the right call

Judicious decision

SC judgment will end uncertainty in the banking system

SC's compound interest waiver may have impact of Rs 7,000 crore: Analysts

Banks unlikely to be impacted a lot as the level of debt recast had been low

Moratorium verdict: Prepare for shock when a more realistic picture emerges

Loan Moratorium verdict: It also declared that compound interest will not be charged for the period of moratorium.

Loan moratorium: Supreme Court to pronounce verdict today

A bench headed by Justice Ashok Bhushan which had reserved its verdict on the batch of pleas on December 17, last year, will pronounce the judgement

DFI to get direct access to Reserve Bank of India's funding facilities

Govt may guarantee bonds, debentures and loans issued by the new institution

Govt to borrow Rs 20,000 cr less this fiscal; RBI cancels debt auction

The government has decided to cancel its Rs 20,000 crore borrowing scheduled for March 26 on review of position of cash balance, the Reserve Bank of India said on Monday.

Govt considers blocking IP addresses of cryptocurrency exchanges

Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done

Transfer NPAs to bad bank at book value, says Parliamentary panel

The panel urged the Reserve Bank of India to clearly define every step of the procedure to remove any ambiguity or discretion from the banks' side

Increasing policy challenges

RBI should not digress from maintaining price stability

RBI hits out at bond vigilantes for risking 'nascent' recovery

In its state of the economy report, the central bank urged the local investors to help it ensure an 'orderly evolution of the yield curve'

Decoded: What is a cryptocurrency and how does a blockchain work?

It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote

Centre will have to put more funds into public sector banks, says RBI

Governance reforms and action plans to enhance operational efficiency and customer services are integral for recapitalisation

Households saved less in Q2, spent on discretionary items: RBI bulletin

The flip-flop in flows of financial savings was not very different in advanced economies, where net financial savings rose sharply in Q1 and declined in Q2