Page 264 - Reserve Bank Of India

RBI allows payment aggregators to maintain additional escrow account

The RBI said that in cases where an additional escrow account is being maintained, credit and debit from one escrow account to the other shall also be permitted.

RBI sets up innovation hub for financial sector under Kris Gopalakrishnan

The aim of the facility is to create an eco-system that would "focus on promoting access to financial services and products. This will also promote financial inclusion

Kris Gopalakrishnan named first chairperson of Reserve Bank Innovation Hub

The Reserve Bank Innovation Hub (RBIH) was set up to promote innovation across the financial sector

Forget economy, bond market is happy with liquidity infusion by RBI

Central bank keeping yields soft through OMOs, outright bond purchases; coming out of this won't be easy, say experts

RBI likely to put its foot down, reinstate Gurbaxani at Dhanlaxmi Bank

RBI's powers under BR Act to decide fate of bank bosses, not Companies Act

India rate cuts bets fall as recovery gains hold, inflation stays high

With inflation above 7% in Oct for a second straight month, well above RBI's medium term target of 4%, views that India is near the end of the current rate cutting cycle have become more pronounced

Best of BS Opinion: Modi's 'Nehruvian half-blunder', Karnataka by-elections

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

India's G-secs one of most developed among emerging markets, says RBI

The central bank study says secondary market volume needs to improve

RBI policymakers spar over high inflation forecasts, steep yield curve

For months now, inflation has exceeded the central bank's tolerance band and held it back from cutting rates

Economic recovery after Covid-19 shock make Samvat 2077 shimmer with hope

Improved economic performance, better corporate earnings, and a likely global economic recovery could be the comforting factors for the markets in Samvat 2077

India in historic technical recession, RBI signals in first ever nowcast

"India has entered a technical recession in the first half of 2020-21 for the first time in its history," the authors wrote. The government is due to publish official statistics Nov. 27

Economy can recover by Q3, a quarter earlier than expected: RBI study

With increasing demand, and contraction in exports, the trade deficit widened to $8.8 billion in October - the highest in the current fiscal year.

Must commend RBI for defusing NBFC crisis: Former governor Subbarao

The banks don't provide for their bad debts adequately, and take four to five years to provide for them, which creates problems.

RBI lifts all curbs on Equitas Small Finance Bank a week after its IPO

The RBI also froze the salary of the SFB's managing director and CEO. This has now been restored at the then existing level.

RBI Deputy Governor M Rajeshwar Rao delivers new curve ball to NBFCs

Talking about incentives to convert into banks and scaling down on network externalities could mean several things

Fleecing of floating rate borrowers continues

The fleecing of borrowers is so widespread and egregious that Moneylife Foundation filed a PIL (public interest litigation) petition, leading to an order by SC asking the RBI, to respond in six weeks

Reserve Bank again postpones submission of TLTRO reversal requests

The rates have come down by more than 100 basis between these two points.

Loan moratorium: RBI urges SC to lift order banning declaration of NPAs

The RBI urged the Supreme Court to lift its interim order, which held that accounts not declared as non-performing assets till August 31 this year are not to be declared NPAs till further orders

Why states should find newer resources rather than cut back on spending

For states staying within the fiscal deficit targets is important, but not by cutting back on expenditure

Indian companies prefer commercial paper route to raise cash, shun banks

Rs 1.9 trn of short-term debt issued in September, against Rs 1.3 trillion in August