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Page 263 - Reserve Bank Of India

RBI becomes world's 1st central bank to reach 1 mn followers on Twitter

With one million Twitter followers, the Reserve Bank of India has become the first central bank in the world to reach this milestone

RBI becomes world's 1st central bank to reach 1 mn followers on Twitter
Updated On : 22 Nov 2020 | 3:48 PM IST

BoM expects only Rs 1,000-1,500 crore loan book to be restructured

State-run Bank of Maharashtra is expecting only Rs 1,000 to 1,500 crore of its total advances to come up for one-time restructuring under the Reserve Bank of India's scheme before December 31

BoM expects only Rs 1,000-1,500 crore loan book to be restructured
Updated On : 22 Nov 2020 | 3:18 PM IST

Lakshmi Vilas Bank failed and this time India is getting a rescue right

India called upon called upon a foreign institution to take over Lakshmi Vilas Bank's assets and liabilities. That should stoke interest of other global banks

Lakshmi Vilas Bank failed and this time India is getting a rescue right
Updated On : 21 Nov 2020 | 3:33 AM IST

RBI panel suggests hike in promoter stake cap to 26%, non-promoter to 15%

These are among the key recommendations made by the internal committee of the RBI, set up to review the extant ownership guidelines and corporate structure for private banks in the country.

RBI panel suggests hike in promoter stake cap to 26%, non-promoter to 15%
Updated On : 21 Nov 2020 | 3:16 AM IST

RBI likely to get US Federal Reserve-like powers of supervision

The stage may now be set for another tweak to the central bank's specialised supervisory and regulatory cadre

RBI likely to get US Federal Reserve-like powers of supervision
Updated On : 21 Nov 2020 | 6:05 AM IST

RBI panel recommends banking overhaul: Relaxation for SFBs, payments banks

Payments banks can convert into SFBs with 3 years' experience instead of 5, recommends RBI panel

RBI panel recommends banking overhaul: Relaxation for SFBs, payments banks
Updated On : 21 Nov 2020 | 12:12 AM IST

Reducing promoter stake in private banks: RBI panel for nuanced approach

The RBI committee has recommended doing away with one size fits all approach to private banks' ownership

Reducing promoter stake in private banks: RBI panel for nuanced approach
Updated On : 20 Nov 2020 | 12:51 PM IST

Banks lend over Rs 65,000 crore to commercial sector in a fortnight

The year-on-year growth inched up to 5.8 per cent (November 6, 2020) from 5.2 per cent (October 23, 2020), according to the Reserve Bank of India

Banks lend over Rs 65,000 crore to commercial sector in a fortnight
Updated On : 19 Nov 2020 | 11:09 PM IST

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS

This deal is positive for India's banking sector and will bring much-needed relief to LVB, which has been struggling for many years, S&P said in a statement

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS
Updated On : 19 Nov 2020 | 10:46 PM IST

RBI to conduct simultaneous purchase, sale of govt securities next week

The RBI further said it reserves the right to decide on the quantum of purchase/sale of individual securities.

RBI to conduct simultaneous purchase, sale of govt securities next week
Updated On : 19 Nov 2020 | 10:04 PM IST

Bank Employees' Association wants LVB to be merged with a PSU bank

RBI's role should be thoroughly probed, says AIBEA

Bank Employees' Association wants LVB to be merged with a PSU bank
Updated On : 19 Nov 2020 | 9:52 AM IST

The crisis at Lakshmi Vilas Bank and how does it impact you? Explained

In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more

The crisis at Lakshmi Vilas Bank and how does it impact you? Explained
Updated On : 19 Nov 2020 | 9:50 AM IST
There is no need to panic, depositors' money safe: LVB administrator
Updated On : 19 Nov 2020 | 9:50 AM IST

The rescue act

LVB's bailout plan could have come earlier

The rescue act
Updated On : 19 Nov 2020 | 9:48 AM IST

Clix getting controlling stake after merger with LVB may have hurt deal

AION Capital-backed NBFC rues delays, missed opportunity in failed deal; sources say it was about to revise offer, but the Reserve Bank ran out of patience

Clix getting controlling stake after merger with LVB may have hurt deal
Updated On : 19 Nov 2020 | 9:48 AM IST

LVB shareholders to ask RBI to reconsider stand on merger with DBS

The window to make representations to RBI from all manner of stakeholders ends on November 20

LVB shareholders to ask RBI to reconsider stand on merger with DBS
Updated On : 19 Nov 2020 | 9:47 AM IST

Borrowing costs ease for NBFCs after RBI pumps more cash in credit market

India's central-bank move to pump more cash in the credit market has improved the health of shadow lenders, helping to assuage concerns about their revival prospects

Borrowing costs ease for NBFCs after RBI pumps more cash in credit market
Updated On : 19 Nov 2020 | 7:49 AM IST

Best of BS Opinion: Making a mockery of arbitration, LVB crisis, and more

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

Best of BS Opinion: Making a mockery of arbitration, LVB crisis, and more
Updated On : 19 Nov 2020 | 6:23 AM IST

Lakshmi Vilas Bank under moratorium; RBI proposes merger with DBS

Withdrawals capped at Rs 25,000 till Dec 16; finances see steady decline as NPAs mount

Lakshmi Vilas Bank under moratorium; RBI proposes merger with DBS
Updated On : 18 Nov 2020 | 2:55 AM IST

Dhanlaxmi Bank CEO case to test primacy of RBI over banks' shareholders

The removal of CEO Sunil Gurbaxani has led the private banking system into uncharted waters

Dhanlaxmi Bank CEO case to test primacy of RBI over banks' shareholders
Updated On : 18 Nov 2020 | 6:10 AM IST