Page 249 - Reserve Bank Of India

Sensex ends 117 pts up, logs best weekly gain in 10 months; SBI jumps 11%

The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively

Demand has moved beyond pent-up demand to actual one: RBI Governor Das

Das said the momentum is likely to sustain

RBI working on model of digital currency, decision soon: Deputy Guv Kanungo

An internal committee within the RBI is taking a close look at the model of the central bank's digital currency, Kanungo said

RBI to allow retail investors to directly enter govt securities market

This will make India the first Asian country to do so and among a handful globally

RBI's monetary and Centre's fiscal policy are moving hand-in-glove

RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP

Retail Direct: RBI gives retail investors direct access to G-sec market

The Reserve Bank of India (RBI) has decided to give retail investors direct access to the government securities market. The major structural reform was announced by RBI Governor Shaktikanta Das on Friday. According to Das, India will join a select group of countries offering such facility to investors. The new arrangement, Retail Direct, will allow direct access to retail investors via the RBI. This will allow such investors to open Gilt account with the apex bank.

RBI holds interest rates steady at record lows as economic outlook improves

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. The central bank said it will restore the cash-reserve ratio (CRR) to its normal levels in two phases, 3.5 per cent (from 3 per cent now) effective March 27, and then at 4 per cent from May.

RBI Monetary Policy: Resident individuals can make remittances to IFCs

RBI Monetary Policy: The Reserve Bank has announced that resident individuals can make remittances to international finance centres for purposes of investing in securities issued by non-resident companies. Watch the video.

HTM limits would be restored in a phased manner from quarter ending June 2023: RBI

SLR holdings in HTM category: The RBI said in order to provide certainty to the market participants in the context of the borrowing programme of the centre and states for 2021-22, it has now been decided to extend the dispensation of enhanced HTM of 22 percent up to March 31, 2023, to include securities acquired between April 1, 2021 and March 31, 2022.

RBI projects GDP growth rate at 10.5% over recovery in economic activities

RBI Governor Shaktikanta Das said vegetable prices are expected to remain soft in the near term as the central bank projected retail inflation rate to come down to 5.2 per cent in the current quarter

RBI MPC highlights: Rates, stance unchanged, CRR to be restored, and more

Projection for CPI-based inflation revised to 5.2% for Q4 of FY21, for H1 of FY22 at 5% to 5.2%, and for Q3 of FY22 at 4.3%

RBI keeps policy rate unchanged fourth time, maintains accommodative stance

The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth

Monetary Policy statement by Reserve Bank of India Governor Shaktikanta Das

Bi-monthly Monetary Policy statement by Reserve Bank of India Governor Shaktikanta Das.

Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC

Walmart-owned digital payments firm PhonePe has distributed ESOPs (employee stock ownership plans) worth $200 million among its 2,200 employees. Read top news with Business Standard

How RBI plans to revive PMC Bank through a three-pronged strategy

In a first, DICGC to be roped in to fund revival; RBI to open credit line to tide over liquidity issues; minimum capital from promoter to meet 9% capital adequacy ratio; 3 investors submit final offer

Tweak in Act to grant IDBI 'bank licence' after govt offloads stake

Section 22 of the Banking Regulation Act states that no company shall conduct banking business in the country unless it holds a licence issued by the RBI

Sensex, Nifty keep run going; all eyes on RBI's policy decision on Friday

After touching an all-time high of 50,687.51 during the day, the Sensex ended 358.54 points or 0.71 per cent at its new closing record of 50,614.29

RBI in focus as India looks towards bigger borrowing: Decision Guide

The benchmark repurchase rate will be maintained at 4% Friday, according to 24 of the 32 economists in a Bloomberg survey, although cooling inflation has stoked expectations for a rate cut

Budget 2021 has heated up the bond market. This is how RBI can cool it down

There is an outside chance of the central bank announcing a rate cut in its monetary policy on Friday, since growth at any cost remains the mantra

Retail investors hold around Rs 1,000 crore in bankrupt listed companies

Each bankrupt company has around 7,500 retail investors on a median basis