Page 255 - Reserve Bank Of India

CCPA seeks RBI intervention on banks delaying refund when transactions fail

Newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time

New Year's Day to Christmas, check out the full list of bank holidays 2021

Except in Chennai, Aizawl, Gangtok, Imphal, and Shillong, the banks will remain open across all other major cities of India on 1 January 2021

Rupee becomes worst-performing Asian currency; bonds rally in 2020

Rupee has depreciated 2.3 per cent in this calendar year

Housing price index growth moderates, varies widely among major cities

The HPI increased 9 per cent in Ahmedabad, and contracted 5.5 per cent in Delhi

Non-food bank credit grows 6% in November, shows RBI data

Non-food credit growth of banks stood at 6 per cent in November 2020 as compared to 7.2 per cent in the same month of the previous year, RBI data showed

Best of BS Opinion: Bank recap, a wobbly first year for the CDS & more

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

With RBI harping on increased supervision, frauds decline in banking system

The recent collapse of PMC Bank due to fraud and deficient corporate governance "has dented public confidence in UCBs"

2020, the year that was: Coronavirus shadow may not go anytime soon

Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021

UCBs' asset quality and finances deteriorate in FY20, says RBI report

The rise in NPAs may partly be attributable to stagnant growth in loans and advances and weak balance sheets

Financial stability report delayed as govt wants to 'consult' RBI

Different stance on NPAs will be the discussion point; report was slated to release on Wednesday

Short-cut on bank recap

P&SB's zero-coupon bonds violate prudent accounting practices

Current account surplus moderates to $15.5 bn in second quarter: RBI

India recorded a current account surplus of 3.1 per cent of the GDP in the first half of the fiscal as against a deficit of 1.6 per cent in the corresponding period of 2019-20

Banking on Budget: Stage set for transition from revive to thrive

Given the global Covid situation, there is some room for the finance minister to increase the fiscal deficit for a year without spooking the financial markets and rating agencies

Top headlines: RBI may red flag P&SB bonds; Tatas hike stake in Air Asia

From RBI likely to red-flag Punjab and Sind Bank's Rs 5,500-crore zero-coupon bonds to PE/VC investments into India from China, Hong Kong falling 72% in CY20, here are top headlines this morning

Best of BS Opinion: A new fiscal road map, emission reduction, and more

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

From loan moratorium to digitisation, 2020 saw major shifts in banking

The central bank allowed a moratorium (payment holiday) on dues for six months

RBI may red-flag Punjab and Sind Bank's Rs 5,500-crore zero-coupon bonds

Bank could be asked to hold it at discounted value in HTM

Yes, it's not broken

Govt and RBI should fix potential policy risks to inflation

Banks need to gear up to meet new challenges to combat Covid-19: RBI

Cautioning of imminent stress in the banking sector, the Reserve Bank said banks will need to adapt and adjust themselves to meet the upcoming challenges.

Covid-19 times may usher in new opportunities for banking sector: RBI

The gross non-performing assets ratio of scheduled commercial banks fell from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-Sept