Page 280 - Reserve Bank Of India

Bond market expects massive OMO to help govt meet Rs 12 trn borrowing goal

So far this fiscal, RBI has bought about Rs 1.14 trn of bonds from the secondary market, most of them unannounced

How long will it take for RBI's loan-recast plan to see the light of day?

It will take some effort to ensure that the RBI's one-time loan recast scheme works satisfactorily, reports Raghu Mohan

Five wise men and the new window for loan recast

To make the loan restructuring scheme a success, the norms should be dynamic. They must be reviewed every quarter, keeping in mind how the economic scenario evolves

The market won't wait for earnings to recover, says Jitendra Gohil

Our house remains neutral on equities as an asset class, but believes equities may remain well supported, as global bond market yields are unattractive, he said

'Mortgage-GDP ratio, at less than 10%, is poor'

Another mechanism to promote low-ticket housing is through a safeguard quite like the credit guarantee scheme for micro, small and medium enterprises, which has seen a decent offtake

Media often captures sentiments correctly ahead of monetary policy: Study

Media often captures the sentiments correctly ahead of monetary policy announcements by the central bank, says a study by the Reserve Bank of India officials.

Hijacking bankers to catch swindlers won't work, consolidate relationships

The biggest victim is a state-dominated banking system that recoups very little from insolvent companies

Bank credit up 5.5% to Rs 102.65 trillion, deposits rise 11.1%: RBI data

On an year-on-year (YoY) basis, non-food bank credit growth was at 6.7 per cent in June 2020

RBI transfers its surplus to the govt, but the deficit is just too wide

The amount may not be very significant in terms of supporting the govt finances as it would be around 0.25% of GDP against an expected fiscal deficit of close to 8% for 2020-21

Technocrats versus politicians

In a democracy, monetary policy cannot be entirely left to technocrats any more than war can be left to generals

RBI slaps Rs 10 lakh fine on 4 cooperative banks for violating norms

The RBI on Thursday said it has imposed a total penalty of Rs 10 lakh on four cooperative banks for deficiencies in regulatory compliance.

Banks to be cautious in lending despite gold loan LTV relaxation: Report

Last week, the Reserve Bank of India had increased the permissible LTV ratio for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from 75 per cent to 90 per cent

NBFCs may see rise in refinancing as RBI allows loan restructuring: Report

A higher quantum of restructured assets would clearly reflect higher asset quality challenges for NBFCs and can restrict their ability to mobilise funds from banks and capital markets

RBI's curb on current account use may hit private banks in the short term

Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor

Covid-19: Truth is the first casualty of India's pandemic finance

Shadow banks will be the biggest losers. They will restructure their borrowers' loans but their own liabilities to banks won't get the same treatment

Madhavan Aravamuthan appointed new chairman of Fairfax-backed CSB Bank

His skill set includes a deep knowledge of IT systems, payment and settlement systems, offsite surveillance of banks, etc

Rs 3 trn loans to retail, small firms most stressed due to Covid-19: Report

It estimated the debt at risk loans at risk of slipping into NPAs this fiscal unless restructured by banks at a "sizeable" Rs 3 trillion

Reserve Bank's silence on record India bond sales leaves traders baffled

The yield on the India's benchmark 10-year bond has stayed around 5.80 per cent since mid-May after falling by more than 70 basis points this year

M&As to pick up once moratorium ends, loan recast takes off, say bankers

Several airlines, hotels, travel firms are likely to move their applications for one-time restructuring once moratorium ends. These companies will look at selling assets of stakes

Wanted: An MPC with more power and 'flexibility'

The members can come from diverse backgrounds such as finance, labour and economics, and must have a say in the entire interest-rate architecture