Page 270 - Reserve Bank Of India

Best of BS Opinion: India at UN high table, shareholders in action & more

Business Standard opinion pieces for the day, among other things, talk about the issues related to Lakshmi Vilas Bank

Shareholders in action

Problems at Lakshmi Vilas Bank should be settled swiftly

Performance of MPC 1.0 between 2016 and now explained in three charts

The economy and the affairs between RBI and govt were tumultuous in the four years to 2020. Business Standard takes a look at MPC's performance and its consonance with major macroeconomic indicators

Short of MPC members, RBI announces deferring monetary policy meeting

The central bank didn't give any reason, but the external members for the MPC have not been appointed by the government.

RBI extends enhanced borrowing limit for banks under MSF till Mar 31

Under the MSF, banks can borrow overnight at their discretion by dipping into the Statutory Liquidity Ratio (SLR)

Lakshmi Vilas Bank to be run by 3 independent directors' panel: RBI

The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be run by a Committee of Directors (CoD) comprising three independent directors

Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more

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

West's central banks are undergoing a profound shift. RBI must not follow

Starting with the Fed, the West's central bankers are descending into a dangerous spiral of overconfidence. RBI has no such room for error

No rate cut, all eyes on RBI's GDP projection

Lower inflation next year may open the space for rate cut, but for now the challenge is seeing through the government borrowing and keeping the bond yield low

In the wonderland of regulation

A plethora of regulations is never the answer to identified regulatory gaps

CII asks Reserve Bank to relook circular on opening of current accounts

Industry body CII has urged the Reserve Bank to reconsider its circular regarding opening of current accounts

RBI policy review, global trends to dictate stocks this week: Analysts

The RBI's monetary policy review on October 1 and auto sales numbers would be among the key events for investors

Status quo policy regardless of late MPC member induction: Experts

While new members will be domain experts, it would be too early for them to properly grasp of the situation once they get to see a tiny picture of the real economic scene at hand

The harm that orthodoxy does

The less the better, because once again that's not how governments or central banks can, or should, work. Indeed, they can't.

Bank credit up 5.26% to Rs 102.24 trn, deposits rise 11.98%: RBI data

In the fortnight ended September 13, 2019, bank credit was at Rs 97.13 trillion and deposits at Rs 127.22 trillion

Forex reserves up by $3.378 bn to lifetime high of $545.038 bn: RBI

Gold reserves were down by $580 million in the reporting week to $37.440 billion

Vakrangee gets RBI nod to set up BBPS unit to handle billing services

"Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS (Bharat Bill Payment System)," the company said

RBI tells urban co-op banks to adopt more robust cyber security infra

Apex bank aims to bring the largest UCBs at par with other banks that run a full gamut of protection against online threats

RBI scraps Rs 10,000-crore OMO, plans to conduct Operation Twist

Bond market participants were disappointed because the central bank in the past has refused to sell 10-year bonds at rates the market wanted the RBI to pay

RBI brings 5-pillared approach to deal with cybersecurity issues in UCBs

The technology vision document, which was formalised after obtaining inputs from various stakeholders, is aimed at enhancing the cybersecurity posture of UCBs