Page 271 - Reserve Bank Of India

RBI announces special OMOs to buy, sell G-Secs worth Rs 10,000 cr each

On October 1, the RBI would purchase three securities totalling Rs 10,000 crore and selling two securities of the same amount

Allowed to share GPay transaction info with NPCI permission: Google to HC

The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet

RBI rejects bids worth Rs 664.73 bn at first open market bond buy in FY21

Central bank had planned to buy up to Rs 100 billion ($1.35 billion) worth of six-year to 11-year papers at an open market operation.

Covid-19: As regulators ease rules for firms, investors aren't taking it easy

Companies battling to get in shape after a nationwide lockdown to contain the coronavirus pandemic devastated the economy have been helped by regulators, but investors are worried. Should they be?

India in the world of (near) free money

The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future

Tracking 'sticky' food prices important for MPC, says RBI paper

The compiled dataset comprises 1.3 million price data points covering 45 food items on a weekly basis across 85 centres in the country for the period 2005-18.

Banks working to speed up ICA process for resolution of stressed loans: IBA

Indian Banks' Association chief executive Sunil Mehta said a draft on the same has been already given to banks for their suggestions

Micro-finance industry slowly overcoming coronavirus crisis: MFIN

The complete stoppage of micro-finance operations from March-end to May due to the coronavirus-induced lockdown had been a big setback

RBI to intervene to prevent Rupee gains despite signs of leniency: ICICI

The Reserve Bank of India's forex strategy has been in sharp focus after it stepped away from dogged dollar buying amid large inflows

Contrasting tales: Economy is down, but markets have defied fears

In the past six months, Nifty has gained 52 per cent in rupee terms and 58 per cent in dollar value - making India one of the best-performing markets globally

Compliance officer for banks prescriptive, not right thing: Ex-SBI MD

Earlier this month, the RBI asked banks to appoint chief compliance officers (CCO) with a view to getting uniformity in the approach followed by lenders

RBI, govt in right direction to keep economy moving, says Axis Bank CEO

Bandhan Bank MD and CEO Chandra Shekhar Ghosh said the rural and semi-urban segments present huge opportunities for the banking industry

SBI launches e-facility to check eligibility for retail loans restructuring

Reserve Bank of India had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress

New external MPC members to be announced by Sept 28; extension ruled out

After exploring the possibilities, a decision has been taken to appoint a fresh team of external members, a senior finance ministry official said

For RBI, bank compliance officers are no Cleopatra

Is the appointment age of the chief compliance officer in a bank capped anywhere in the world?

Banks not asked by RBI to raise capital to brace for possible NPAs: Thakur

RBI Governor at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

Lenders want govt to offer moratorium interest relief to borrowers

Waiver may cost banks Rs 10,000 cr, says IBA

RBI gets more elbow room for bond purchases as banks return borrowed money

The Reserve Bank of India on Thursday said it would buy 100 billion rupees ($1.4 billion) of bonds from the secondary market on Sept. 24

The trade push

India should focus on exports for growth

RBI battle-ready to meet economy's needs: Governor Shaktikanta Das

Says protecting depositors' money, ensuring financial stability key concern