Page 287 - Reserve Bank Of India

Govt okays Ordinance to give more teeth to RBI over co-operative banks

The RBI will get more auditory and managerial powers over 1,482 urban co-operative banks and 58 multi-state co-operative banks after the Ordinance is approved by the President

Top headlines: Co-op banks to be supervised by RBI, Covid-19 medicine, more

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

Cooperative banks to be supervised by RBI; govt to bring an ordinance

All govt banks, including urban and multi-state cooperative banks will be brought under the supervisory powers of the RBI

Monetary policy for exceptional times

Monetisation of deficit is unlikely to spark inflation

RBI bars YES Bank from coupon payment on Upper Tier II bonds

The private lender had approached banking sector regulator RBI seeking approval to pay interest due as on June 29, 2020 for Upper Tier II Bonds

Coronavirus updates: Delhi second most-affected state; drug for patients

Donald Trump may announce foreign workers' visa restrictions today, protect Americans struggling with a job market devastated by the coronavirus pandemic

Rate-sensitive sectors on a strong run since RBI's 40 bps repo rate cut

The move brought the repo rate to 4 per cent, which is the lowest since 2000

RBI draft guidelines will strengthen HFCs, safeguard investor interest

Most listed mortgage lenders already meet the requirements

RBI push pays off as offshore currency trading starts trickling in onshore

Target is to bring 25% of offshore volume to IFSC by December

Will ensure banks pass on rate cuts to consumers: Sitharaman to India Inc

Last month, the RBI slashed the benchmark repurchase (repo) rate, the price at which banks borrow from the central bank, by 40 basis points to a historic low of 4%

RBI raises PMC Bank withdrawal limit to Rs 1 lakh from Rs 50,000 earlier

With this 84% of the bank's depositors will be able to withdraw their entire money deposited with it

A radical overhaul of bank governance

The prosaic truth is that corporate governance just doesn't happen

Rebuilding the automotive chain

Demand generation is crucial to repair the broken supply chain. Steps should be taken to revive consumer confidence, create optimism

Fitch revises India's rating: A third view which is different yet again?

Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects

RBI to replace NHB rules with its own set as the new HFC regulator

Central bank sets a formal definition of 'housing finance' in draft released on its website

Loan moratorium scheme: The story so far

Here's all you need to know about loan moratorium, how does it work? Should one ideally opt for it, Supreme Court's observations and more

Interest rate waivers for loans during moratorium to harm depositors: AIBDA

It further added that historically, the sovereign covered the loan interest waivers, but in the current situation, a shortfall in revenues both at the Centre and state level will not permit the same

Q1 advance tax mop-up falls 76% as Covid-19 pandemic bites economy

Net collection down 32%

Recovering from the Covid epidemic

The fiscal conservatism of the finance ministry means growth revival will take longer and may not be seen till late in the next fiscal year or even later

Data deficiency

Quality of numbers could affect economic policy response