Page 304 - Reserve Bank Of India

ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank

The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited

Govt, RBI closely monitoring: FM on market volatility over Coronavirus

Together with the RBI, the government is closely monitoring markets, she said on the situation arising out of a panic spread of coronavirus pandemic.

Best of BS Opinion: Coronavirus impact, AT-1 bond crisis, and more

From the conditions that would help India meet its aerospace targets to the lessons we ought to learn from the coronavirus outbreak, here's a selection of Business Standard Opinion pieces for the day

LVB asserts liquidity coverage ratio higher than RBI-mandated level

The bank would like to take this opportunity "to assure our customers that their deposits are safe in our bank"

Coronavirus impact: RBI offers $2-bn swaps to deal with currency swings

In a statement on its website, the RBI said it was doing the swaps in view of the intense selling pressure witnessed worldwide on 'extreme risk aversion due to the spread of COVID-19 infections'

YES Bank fiasco: RBI asks states not to withdraw funds from private banks

'We strongly believe that such a move can have banking and financial sector stability implications,' the letter stated

Retail inflation falls to 6.58% in February as food prices cool down

The latest numbers could increase the clamour for a rate cut by RBI's Monetary Policy Committee in its next meeting in April

Coronavirus: RBI may slash rates by at least 65 bps by June, says Barclays

The RBI will begin to look beyond inflation and start easing rates to the tune of 65 basis points by June, according to Barclays

RBI likely to go for inter-meeting repo rate cut of 25-40 bps: Report

RBI has the official mandate of keeping CPI inflation at 4 per cent, with a 2% band

Yes Bank crisis: RBI asks state govts not to move deposits from pvt banks

Himachal Pradesh Chief Minister Jai Ram Thakur informed the Assembly that more than Rs 1,900 crore belonging to the state government and people in the state are stuck in Yes Bank

RBI announces USD INR sell/buy swap for liquidity amid Coronavirus

The first sell/buy swap auction involving $2 billion will be held on Monday, the central bank said

RBI may come to the rescue of bleeding markets with liquidity-boost

The market has been expecting an off-cycle interest rate cut by the Reserve Bank of India but the source said no such step is being mulled at this point in time

Moratorium on YES Bank could impact most corporates briefly: India-Ratings

Corporate groups with a large dependency on the bank could face a longer period of disruption.

Rupee can slip 3% more; rate cut, regulatory intervention needed

In the past few sessions, the move in the Rupee has been largely offshore driven, taking precariously close to a new all-time low of 74.48 against the US Dollar

Yes Bank crisis: CBI issues lookout circular against Rana Kapoor, 6 others

The look out circular (LOC) was issued against all these seven accused to prevent any attempts to leave the country, the officials said

Over 100 people in Yes Bank's 'top management' may lose ESOPs, bonuses

The first-of-its-kind move will mark the activation of RBI's ironclad November 4, 2019 guidelines on the compensation

There was enough time to put together plan for YES Bank: Raghuram Rajan

Crisis-ridden Yes Bank was put under a moratorium last week, with the RBI capping withdrawals at Rs 50,000 per account and superseding its board.

YES Bank bailout may renew fund, liquidity pressure on NBFIs: Fitch

The move comes even as the impact of coronavirus is beginning to be felt in India, raising further risks to economic growth and NBFI asset quality

ICAI to review YES Bank's financial statements for FY18 and FY19

Firms say there are limits to audits identifying ever-greening of loans, or flagging suspect collateral securities

YES Bank crisis: Cabinet likely to take up revival plan on March 13

RBI Governor Shaktikanta Das had met SBI Chairman Rajnish Kumar on Friday to discuss the way forward.