Page 302 - Reserve Bank Of India

RBI extends curbs on PMC Bank by 3 months as it works on revival plan

RBI has been talking to other authorities on sale of securities and loan recovery; Unlike in commercial banks, it has no powers to evolve an enforceable reconstruction plan for a co-op bank

RBI extends regulatory restrictions on PMC Bank by 3 months till June

The RBI had put a six-month regulatory restriction on the bank on September 23, 2019

PSBs stare at tough quarter over coronavirus and higher provisioning

Slimmer chances of recovering Rs 20,000 cr from Bhushan Steel resolution in the near future add to lender's woes

Coronavirus wrap: India sees highest cases in a day, SBI's new credit plan

Prime Minister Narendra Modi discussed with chief ministers ways and preparedness of the states to check the virus spread

RBI's coronavirus contingency plan: Keep it going from a secret location

A crack team of 150 overseeing critical operations from a hotel

RBI names R Gandhi, Ananth Gopalkrishnan addl directors on YES Bank Board

Appointment is for two years; this is Gandhi's second stint in the same capacity

RBI buys bonds worth Rs 10k cr, to conduct 2 more OMOs of Rs 30k cr

The central bank received bids worth Rs 45,049 crore for Friday's open market operation

RBI to inject Rs 30k cr into market for financial stability amid Covid-19

The central bank infused Rs 10,000 crore through open market operations on Friday

Coronavirus fear: Rupee breaches 75 a dollar, hits intra-day low of 75.30

A thinly traded market is compounding the problem for the rupee

YES Bank fallout: Retirees stare at a gaping hole in their savings

Investors include armed force veterans, govt employees, IT sector staff

YES Bank remits over Rs 397 crore to Jagannath Temple Administartion

Yes Bank had resumed complete services on March 18 after the Reserve Bank of India placed it under moratorium on March 5.

YES Bank looks to recover Rs 8,500 cr from loan defaulters in next fiscal

Administrator Prashant Kumar said the bank had made adequate preparations for any surge in withdrawal of deposits

Market Ahead, March 19: All you need to know before the Opening Bell

The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.

RBI receives Rs 27,096 cr bids in 5th LTRO conducted for Rs 25,000 cr

The RBI allotted an amount of Rs 25,012 crore, with a pro-rata allotment percentage to 92.27 per cent

To maintain liquidity, RBI to purchase Rs 10,000-crore govt bonds via OMO

The central bank will conduct open market operations (OMO) on March through a multi-security auction

Top headlines: S&P cuts India's growth forecast; updates on Covid-19 cases

From RBI considering relaxing bad loan rules to DoT's appeal for AGR relief to telcos, Business Standard brings to you the top headlines of the day

Banks to approach RBI for relief on NPA classification amid Covid-19 fears

The appeal to the Reserve Bank of India (RBI) will be made via the Indian Banks' Association, the two senior bankers said, asking not to be named as the talks were still private

RBI may cut key interest rates by 175 bps in FY21 to tackle slowdown: Fitch

It forecast India's real GDP growth to pick up slightly to 5.4 per cent in 2020-21, from its estimate of 4.9 per cent in the current fiscal.

Pace of flow into equity unsustainable as investors cut leveraged positions

The equity market hasn't yet found a bottom and it is still not a time to bottom fish

Coronavirus impact: IBA to seek relief package for financial institutions

One of the possibilities that banks would explore is to split duties and responsibilities, apart from working in different shifts and geographies