Page 268 - Reserve Bank Of India

RBI decision to discontinue automatic caution-listing big relief: Exporters

RBI's decision to discontinue the system-based automatic caution-listing of exporters is a big relief to the industry at a time when the trading community is battling the hardships of the COVID-19

Three cheers for RBI's October policy

The latest policy has taken a series of steps to ensure that the government is able to borrow from the market without paying too much and the banks continue to buy bonds

RBI keeps policy rates unchanged, stance accommodative: What experts think

Today's policy announcement comes amid signs of recovery in the economy badly battered by the coronavirus pandemic

RBI Policy: Most decision by Reserve Bank in line with expert views

The RBI sees India's real GDP contracting by 9.5 per cent in the ongoing fiscal year, and economic growth only turning positive in the final January-March quarter

Riding high

High liquidity, low interest rates lead to stock market upswing

Punjab CM directs procurement agencies to pay pending dues of farmers

Punjab Chief Minister Captain Amarinder Singh has directed all procurement agencies to pay pending payments of farmers against the already procured grain within 24 hours

Govt names RBI executive director M Rajeshwar Rao as fourth dy governor

The position lay vacant after N S Vishwanathan demitted office on March 31

Reserve Bank's monetary policy decision to be announced on Friday

With three external members of MPC appointed, the committee will meet from October 7 to October 9

RBI monetary policy: Room squeezed out, says IDFC First Bank economist

While tax increases led to an increase in the prices of petroleum products, this could lead to broad-based cost push pressures through the transportation channel

MPC: Back on track

The new members will bring divergent views to policymaking

Jayanth Varma, Ashima Goyal, Shashanka Bhide: New members of RBI MPC

The three new members represent a diversity of experience and have engaged with policy making through their careers

Protection of personal data should be backed by law: RBI exec director

Protection of personal data should be backed by a legal provision as it will help ensure privacy and confidentiality of individuals, a senior RBI official said on Tuesday

Govt appoints Ashima Goyal, Jayanth Varma, Shashanka Bhide as MPC members

MPC meeting likely early next week with new panel

RBI is buying the bonds from the backdoor anonymously, shows data

May have given primary dealers a way to square off positions, shows data

SC asks govt, RBI to put K V Kamath panel's debt recast report on record

Case hearing adjourned to Oct 13 by when Centre and RBI will submit additional affidavits to chalk out steps to bring shape to proposals made on waiver of interest on interest for small borrowers

The task before the new SBI boss

The State Bank of India can be taken to the next level by transforming it into a marketplace to meet the financial needs of its corporate clients across the value chain

Loan moratorium case: SC grants Centre, RBI a week to file affidavits

The development comes as the Centre is set to formulate a scheme to waive compound interest for small borrowers during the six-month moratorium period

Govt to waive compound interest during moratorium for some loans: Report

Report says government's decision will benefit those clearing their dues on a variety of loans between March and August

RBI okays appointment of CoD to run Dhanlaxmi Bank till appointment of CEO

Dhanlaxmi Bank on Thursday said that the RBI has approved a three-member interim committee of directors, headed by G Subramonia Iyer, to run the private sector bank after the shareholders voted out its MD and CEO Sunil Gurbaxani. The shareholders rejected the resolution for appointment of Gurbaxani as MD and CEO at the 93rd Annual General Meeting of the bank held on September 30. "Consequent to this, please note that Reserve Bank of India has, as requested by the Board of Directors, approved an interim arrangement for formation of a Committee of Directors to exercise the powers of Managing Director & CEO till such time a new MD & CEO takes charge," Dhanlaxmi Bank said in a regulatory filing. The committee of directors (CoD) will be constituted with Iyer as chairman and G Rajagopalan Nair and P K Vijayakumar as its members, it said. "As advised by RBI, the interim arrangement will not continue beyond four months within which the bank will complete the process of identification .

Non-food bank credit growth decelerated to 6% in August, shows RBI data

Non-food bank credit growth decelerated to 6 per cent in August as against 9.8 per cent in the same month last year, RBI data showed on Wednesday.