Page 257 - Reserve Bank Of India

RBI warns public about shady digital lending apps promising quick finance

Informs public about exorbitant rates of interest charged by such apps, and use of muscle power to recover dues; guides on reporting rogue service providers

RBI governor asks banks to strengthen lending capacity by raising capital

During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively

RBI governor meets bankers over rate transmission, stressed assets

Touches upon current economic situation, emphasises banking sector's importance in supporting ongoing revival in economic activities

RBI to face new challenges in 2021 as Rupee, bonds lure overseas investors

Stocks have already attracted the biggest yearly inflows since 2012, adding to the woes for the Reserve Bank of India that has been buying up the deluge of dollars to curb the rupee's gains

2021 Outlook: Covid vaccine, economic recovery, earnings to drive markets

BNP Paribas expects Sensex to hit 50,500 by December 2021. JP Morgan, meanwhile, expects Nifty50 to scale 15,000 levels by the end of next year

Budget sops, Covid-19 tax surcharge: Market expectations from 2021

One of the key ratios to gauge the valuation of the market is the Market Capitalisation to GDP Ratio, which is around 95 per cent currently - a bubble territory

Centrum-BharatPe, Liberty group in race for beleaguered PMC Bank

Deal could mark the entry of corporates into UCBs

Behind the recovery

Policymakers should not lose sight of economic distortions

RBI Central Board meets to take stock of economy amid global challenges

The board reviewed customer education initiatives and resolution of customer complaints

We need a new Farm Act that looks at the issues afresh: Punjab FM Badal

Badal said that it remains unclear who is leading the talks from the Centre's side, and the move comes after much dilly-dallying

RBI to conduct third auction of SDLs via open market operations next week

The Reserve Bank of India will conduct the third auction of state developments loans (SDLs) aggregating Rs 10,000 crore under the Open Market Operations (OMO) on December 23. The Reserve Bank has conducted two OMOs in SDLs covering all states/UTs for a cumulative amount of Rs 20,000 crore. The first-ever auction under OMOs in SDLs was conducted in October and the second in November. "It has now been decided to conduct another purchase auction of SDLs under Open Market Operations (OMOs) for an aggregate amount of Rs 10,000 crore on December 23, 2020," it said in a statement. The central bank will purchase the SDLs through a multi-security auction using the multiple price method. There is no security wise notified amount. The RBI had decided to conduct OMOs in SDLs as a "special case" during the current financial year with an aim to improve liquidity and facilitate efficient pricing. At present, SDLs are eligible collateral for Liquidity Adjustment Facility (LAF) along with T-bills,

India wants a V-shaped recovery at any cost. But what will RBI do?

How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off

DCB Bank, RBL, Federal Bank bosses' terms to come up for renewal

RBI decision will clarify its stand on 15-year cap mentioned in discussion paper

Regulatory Sandbox: RBI seeks applications under second cohort

RBI on Wednesday announced the second cohort under the Regulatory Sandbox (RS) with the theme of 'Cross Border Payments' and also reduced net-worth requirement for entities interested in participating

Banks must focus on asset quality, capital for monetary policy impact: RBI

While asset quality issues have an impact on the credit growth of the economy, better capital position of banks can negate the effect

Top headlines: Bitcoin rally, Covid-19 vaccine, Burger King debut, and more

Here are the top headlines for Wednesday morning

Best of BS Opinion: Vivad Se Vishwas scheme, Das' 2 years as RBI guv & more

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

Reserve Bank of India unlikely to let rupee appreciate much: Experts

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn

The next hurdle

Governor Das has to take a call soon on unwinding stimulus

Ownership and governance of private sector banks - Part III

The way forward for banking in India: Further issues