Page 272 - Reserve Bank Of India

Will take necessary measures to promote growth: RBI Guv Shaktikanta Das

RBI Governor Shaktikanta Das assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth

RBI proposes to launch exchange-traded, OTC interest rate derivatives

Products to be accessible to foreign investors and retail participants too, but latter can only use for hedging

Animal spirits: Right and wrong

It is true that though both low spirits and low real investment may be caused by a common set of economic factors

Deja vu on DFIs

The bank-led model of infrastructure financing is fraught with difficulties. But DFIs are not a quick fix

Beyond recapitalisation

Interest waiver will increase financial-stability risks

RBI's 'impossible trinity' of problems: rupee, inflation, bond yields

As challenges mount, the central bank will need to strike a fine balance between managing the rupee, domestic liquidity and fiscal financing

New banking bill gives RBI powers to restructure co-operative banks

The new Banking Regulation (Amendment) Bill, 2020, introduced by the government on the first day of the Parliament's Monsoon Session, provides the RBI powers to restructure cooperative banks

Three external members of MPC may get a short extension next week

The pandemic situation has prompted the move even as the search committee is looking for fresh external candidates, according to the government sources

Debt monetisation by RBI could undermine investor confidence: S&P

S&P said sovereign-bond purchases by central banks in emerging markets have not spooked the markets because investors accept these operations as emergency actions related to the Covid-19 pandemic

Will Sebi's fatwa for multi-cap funds work? Only the market will determine

Sebi's new diktat says multi-cap equity funds must invest a minimum of 75% in equities, up from 65%, with at least 25% each in large-caps, mid-caps, and small-caps

Spike in bank frauds: Lag in reporting or weak internal controls?

Bank fraud numbers may not be as bad as they are made out to be, but their detection and reporting need to improve, writes Raghu Mohan

Indians' love for things foreign

…is this a virus more dangerous than Covid-19?

Covid-19 crisis: Bank credit shrinks by over Rs 54,000 cr in August

According to Reserve Bank of India data, the year-on-year growth in credit was 5.5% for the fortnight ended August 28, 2020

GST compensation options: 13 states opt for offer, 6 to decide soon

The Centre had last month offered two options to states to compensate them under GST regime

The year unconventional monetary policy turned conventional, India to US

With the global recovery still uncertain and the virus set to leave scars on employers and employees, the likelihood is that monetary policy will stay ultra-loose for years to come

RBI remains net purchaser of US dollar in July, buys $15.973 billion

The Reserve Bank continued to remain a net buyer of the US currency in July after it purchased USD 15.973 billion on a net basis from the spot market, according to its monthly bulletin

Flush with funds, banks show little interest in RBI's repo operations

The cut-off yield was 4 per cent, which is at par with the policy repo rate

RBI refuses to sell another batch of 10-year bonds at market ask

This is the third straight auction of 10-year bonds that has devolved, leaving the market perplexed

Currency in circulation rises 24% as people hoard cash, shows RBI data

Total currency with the public stood at Rs 25.83 trillion as of August 28, as against Rs 23.49 trillion at the end of March 31, 2020

RBI lays down guidelines for banks to appoint chief compliance officers

RBI laid down guidelines for appointment of chief compliance officer (CCO) in banks to ensure uniform approach with regard to compliance and risk management culture across the banking industry