Page 279 - Reserve Bank Of India

Top headlines: RBI's first MPC ends its term, SC on Prashant Bushan, more

Business Standard brings to you a snapshot of events which made it to the headlines today

RBI's first Monetary Policy Committee bows out with CPI above target

The MPC held its first meeting in October 2016 under then-Governor Urjit Patel

10-year bond yields climb back to 6% as Reserve Bank of India goes silent

The central bank may be trying to increase the attraction of sovereign debt by letting yields rise, according to PNB Gilts Ltd

'Bottom of the pyramid' prove to be the best customers for SFBs

At Business Standard's 'Unlock BFSI 2.0,' top SFB chiefs seemed very comfortable even when over 90% of their loan books froze into moratorium in March; By July, moratorium loans halved for most

DPIIT calls for inter-ministerial meet on royalty payments on Aug 25

Officials from commerce department, Reserve Bank of India and revenue department are expected to participate

Muthoot's loan book swells 32%; raises Rs 1,475 cr from liquidity measures

To meet the rising demand for loans, the Kerala-based firm is also tapping the just extended partial credit guarantee scheme (PCGS) to raise around Rs 600 crore more

RBI governors don't need an MPC but a helpful finance minister

An Monetary Policy Committee is not needed unless you want to decorate your central bank

'Bond market investors are likely to chase yields in the coming months'

The RBI may need to step in with larger purchases soon to keep yields from rising.This size of weekly auction can be absorbed in the market only if there is confidence on low yields, he says

Long-duration fund rally may halt as yields harden on rate-cut pause

Experts don't rule out RBI intervention to keep yields in check

New umbrella entity for retail payments can be 'for-profit': RBI

The banking regulator is inviting applications form interested parties for forming the umbrella entity till February 26, 2021

Handling the dollar rush

More often than not a dollar deluge is primarily due to a sudden and large capital inflow, and not a compression of imports

Need to divest governance of PSBs from govt: Former RBI deputy governor

Privatisation is a bigger political decision and not an economic one alone, Vishwanathan said, adding that a bank holding company needs to be created first

MPC fared well but the new group should do better, say economists

There is no provision for extension of tenure of external members, and it is likely that the govt will appoint new ones

Bandhan Bank gains over 2% as RBI lifts restrictions on CEO's remuneration

The restrictions were imposed by the RBI in September 2018 as the bank's promoters failed to comply with licensing requirements of reducing their stake in the bank

RBI lifts curbs on Bandhan Bank CEO's pay package after promoter cuts stake

According to RBI's licensing norms, any bank offering 'universal' services needs to bring down the promoter's stake to 40 per cent in three years from the date of commencement of operations

Banks in India: Too few to fail

Forget the health of the banks, what should be worrying the regulators is just the number of banks through which such financial intermediation can take place

RBI to sell 3 govt securities worth Rs 30,000 cr through e-Kuber on Aug 21

"The result will be announced on the same day and payment by successful bidders will have to be made on August 24, 2020 (Monday)," RBI said

Best of BS Opinion: RBI's loan recast scheme, WFH revolution, and more

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

Statsguru: Covid-19 pandemic forces states to expand their borrowing

Most large states, and 13 out of the 26 that have issued state development loans so far, have borrowed at least 50 per cent more than the previous year

High inflation: RBI may escape govt's scrutiny for failing to meet target

Inflation breaches 6% for second straight quarter, set to cross limit for third quarter