Page 246 - Reserve Bank Of India

RBI scoops up Rs 26,000-crore bonds anonymously in a single day

This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system

How to revive PMC Bank

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer

RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank

RBI has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.

SC gives RBI six months to lay down regulations for locker facility

The court held that banks cannot wash off their hands towards their customers for the operation of lockers

Bond market turns combative for RBI; experts say market turning greedy

Dealers say RBI is behaving unreasonably by expecting them to accept low yields; experts say market turning greedy

SBI Cards m-cap tops Rs 1-trillion; Five factors that are driving the stock

The firm's m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel

Karnataka Bank reports Rs 34.16-crore fraud to Reserve Bank of India

Private sector lender Karnataka Bank on Friday said it has reported to the RBI a fraud of about Rs 34.16 crore in credit facilities extended to IL&FS Transportation Networks, which is a dud account now. "The bank has reported to RBI (Reserve Bank of India) a fraud in the credit facilities extended earlier to IL&FS Transportation Networks Ltd with an outstanding balance of Rs 34.16 crore (defaulted entity)," Karnataka Bank said in a regulatory filing. The lender said IL&FS Transportation had availed credit from it during 2016 under multiple banking arrangement in which Karnataka Bank was one of the members. During 2018, the borrowing account was classified as non-performing asset and has been fully provided for, it added. Karnataka Bank stock closed 0.72 per cent down at Rs 69.40 apiece on BSE.

RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-op Bank

The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits

India's inflation target band up for review: FM Nirmala Sitharaman

Govt seeks RBI's view on tweaks to CPI basket and if old weightings need to be changed

PSUs are going big on bond markets even as G-Secs find few takers

RBI devolves over Rs 20,000 crore in Rs 31,000-crore bond auctions

Finance Ministry asks RBI to ensure a higher dividend for govt in FY22

RBI advises against any change in inflation goalposts, monetary policy targets

Decoded: Understanding the draft guidelines on credit default swaps

In the past too, the RBI has tried to launch a comprehensive CDS product but it never really took off

RBI issues directions for HFCs to maintain liquidity, asset classification

RBI came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for housing finance companies.

Constitutional challenges to a complete cryptocurrency ban in India

The need then is to regulate, not ban, experts say

FM Sitharaman explains govt priorities in post-Budget address to RBI

The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing

RBI permits residents to make remittances to IFSCs under LRS

The Reserve Bank on Tuesday permitted resident individuals to make remittances under the Liberalised Remittance Scheme (LRS) to International Financial Services Centres (IFSCs) in the country

RBI issues draft guidelines for derivatives trading in credit default swaps

RBI on Tuesday came out with the draft guidelines for allowing derivatives trading in the credit default swaps (CDS) in over-the-counter (OTC) markets and on recognised stock exchanges in the country

Credit default swaps to be reported in 30 minutes with deal intent: RBI

The trade repository will be run by the Clearing Corporation of India Ltd

Sitharaman addresses RBI board, explains priorities of government

FM Sitharaman on Tuesday explained the government's priorities to the Reserve Bank of India's central board during their first meeting after presentation of the Budget

Top headlines: All Jaguars to go electric, IT sector revenue to hit $194 bn

A month into the vaccination drive, which has covered more than 8.5 million so far, the health ministry has indicated that Covid-19 vaccines are not likely to be there in the open market anytime soon