RBI will have to address the excess liquidity issue
Operating under Section 65 of Customs Act, 1962 has no effect on AEO status
If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not reaction
Economists say inflation would average above 6 per cent this fiscal, and is unlikely to come down below 5 per cent before March.
Q2 numbers encouraging, but outlook is still fairly uncertain
He says, the rate cycle seems to have bottomed out but RBI may not change its accommodative stance anytime soon
The repeated issue of such bonds takes away some of its value in the eyes of investors, say experts
During the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrument called additional tier-I bonds.
The Reserve Bank of India on late Thursday said Rs 3.18 billion of Tier 2 bonds of Lakshmi Vilas Bank Ltd. will be fully written down as DBS Group Holdings Ltd
The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth
Some banks are even giving 10-15-year term loans at below bond market rates. There is no avenue to deploy the excess liquidity otherwise
Completes private placement of 4.63 per cent equity shares worth Rs 82 cr; number of shareholders rises to 67
Banks have parked 6.1 trillion rupees ($82.5 billion) of excess cash with the central bank at the reverse repo rate of 3.35%
Muthoot Finance and Axis Bank are instances of the regulator objecting to acquisitions
Bank achieves transactions worth Rs 12,500 cr, twice that in the same month last year; eyes conversion into SFB following
The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawals
Inflation is being driven by supply-side problems and is likely to stay elevated for a while, Mridul Saggar said
Cost of doing business, regulatory arbitrage, customer profile key parameters
The kerala-based gold loan NBFC had signed a deal to acquire IDBI Asset Management Ltd and IDBI MF Trustee Company Ltd in November 2019, for about Rs 215 cr
Recommendation on collapsing the holding company could simplify the structure and help reduce promoter stake in the banks