Page 251 - Reserve Bank Of India

RBI's NBFC paper silent on liquidity management, says India Ratings

The paper has not said whether the cash reserve ratio (CRR) and statutory liquidity ratio (SLR) will be applicable to upper layers of NBFCs

RBI proposals to restrict land financing by NBFCs: India Ratings Report

The Reserve Bank's proposals on restricting specific real estate funding by NBFCs will affect land financing by them, the report said

RBI open to digital currency, examining the need to introduce CBDC

A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank's balance sheet.

RBI refutes reports of withdrawal of old Rs 100, Rs 10, Rs 5 notes

The Reserve Bank of India (RBI) on Monday refuted reports of withdrawal of old series of Rs 100, Rs 10 and Rs 5 currency notes. "With regard to reports in certain sections of media on withdrawal of old series of Rs 100, Rs 10 & Rs 5 banknotes from circulation in near future, it is clarified that such reports are incorrect," the RBI said in a tweet. While announcing the issuance of new Rs 100 denomination banknotes with base colour Lavender in July 2018, RBI had said banknotes in the denomination of Rs 100 issued by it in the earlier series will continue to be legal tender.

Best of BS Opinion: Correct course on tariffs, regulating NBFCs, and more

Here's a selection of Business Standard opinion pieces for the day

NBFC norms will check regulatory arbitrage, support growth: Experts

An analyst with a rating agency said the regulation should be ownership neutral and avoid special treatment

Strengthening regulation

Growth of NBFCs needs better supervision by RBI

Fraud in fintech being fought with regulatory tech

It has been estimated that more than 1,200 lending apps are active in India. While some have been shut down or removed from Google or Apple platforms, others can pop up with frightening speed

RBI discussion paper proposes four-tier structure for NBFC regulations

Paper has also sought to raise net-owned funds required for new NBFCs from Rs 2 cr to Rs 20 cr. Timeline of five years for existing NBFCs to adhere to new norms

HDFC Bank submits action plan to RBI, hopes to fix outage issue in 3 months

The bank hopes to improve its technology platform in three months

Top headlines: RBI paper proposes four-tier structure for NBFCs

CBI books Cambridge Analytica, Global Science over illegal data harvesting, Bharat Biotech becomes first Indian Covid vaccine maker to get peer-reviewed data

RBI paper proposes new regulatory framework for NBFCs, 4-tier structure

The paper proposed a structure to categorise NBFCs, or shadow banks, depending on their size and interconnectedness with the system

Best of BS Opinion: Sensex hits 50K-mark, Biden's presidency starts & more

Here's a selection of Business Standard opinion pieces for the day

Economy getting over pandemic, growth headed for 'glorious summer': RBI

Labour market conditions are improving with a gradual pick up in employment, says central bank in January Bulletin

Indian exports likely to lose edge on rising rupee, says RBI study

Study suggests absorbing inflows to avoid this; effective exchange rate index revamped

Reserve Bank of India imposes Rs 2 cr penalty on Standard Chartered Bank

The Reserve Bank on Thursday imposed a penalty of Rs 2 crore on Standard Chartered BankIndia for delays in reporting of frauds to it.

RBI withdraws circulars on recovering excess payments made to pensioners

Pensioners had complained that the 'recovery of excess /wrong pension payments' was being done in violation of guidelines and court orders

RBI remains net purchaser of US dollar in November, buys $10.261 bn

The Reserve Bank of India (RBI) continued to remain a net buyer of the US currency in November

Turnaround hopes for rupee fade over RBI's stance on forex reserves

The rupee is under pressure to rise on heavy foreign inflows

Treasury bill yields start inching higher on liquidity normalisation

RBI last week stepped into normalise its ultra-loose liquidity policy by introducing a Rs 2 trillion 14-day reverse repo auction.