Page 309 - Reserve Bank Of India

Top events of the day: RBI guv to meet bank CEOs, Article 370, and more

Israel was preparing on Sunday for unprecedented repeat parliamentary elections on Monday, for the third time in less than a year

Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today

One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.

Bank credit growth dips to 8.5% in January from 13.5% year-ago: RBI data

Growth in advances to the services sector decelerated to 8.9 per cent from 23.9 per cent in January 2019

Currency traders see no reason to panic due to coronavirus outbreak

If there is news about the possible containment of the virus, the rupee can strengthen rather sharply

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

India's GDP growth at 4.7% in Dec quarter, marginal improvement over Q2

FY20 growth projections retained at 5% in the second advance estimates. The official Q3 GDP data showed that the impact of a global slowdown and weak manufacturing continued to weigh on the economy

Analysts expect RBI to cut rates on growth concerns, coronavirus scare

Analysts expect an impact on India due to raw material shortages likely to disrupt supplies for key industries

Will Q3FY20 GDP numbers surprise today? Here's what analysts expect

Despite the number of measures by the Government and the RBI, the leading indicators available till the quarter ended December, 2019 are not particularly robust

Reform PSBs

Time is up for directed lending approach

Loans for medium enterprises must be linked to external benchmarks: RBI

With respect to micro and small enterprises, floating rate loans are already linked with external benchmarks

Bandhan Bank to add 250 banking outlets by the end of this financial year

Move follows relaxation given by RBI to expand network. Earlier, the regulator had imposed curbs on lender for not meeting promoter shareholding norms

Bandhan Bank gets RBI relief on opening of branches, subject to conditions

The bank has been allowed to open new branches, provided 25% of all new banking outlets opened in a financial year are in unbanked rural centres

RBI announces 2 LTROs for three-year tenors worth Rs 250 bn in March

The reversal date of LTRO on March 2, 2020 is March 1, 2023 while for LTRO to be conducted on March 9, 2020, it will be March 7, 2023, RBI said.

Credit growth may rise to 8-9% in FY21 on better economic activity: Crisil

During this fiscal, some growth momentum is expected in the fourth quarter, after subdued three quarters due to traditional fiscal year ending growth

Welcome review

Change in inflation target must be based on solid evidence

Banks of future will be very different, says RBI governor Shaktikanta Das

Regulating the distinct segments of these banks would be a challenging task, said Shaktikanta Das

Cash is still king in India, but digital payments rising sharply: RBI

"India is next only to China in terms of the cash. However, the percentage of cash withdrawals to GDP has been constant in India at around 17 per cent," the report said.

Bank of America expects RBI to build $550-billion forex reserves

According to BofA, the 'conservative' level of forex reserves for the RBI works out to be $550 billion.

Wanted: Plain tales from the government

Hardly a month goes by without some prominent former member of the second rung of government - the first rung is the ministers - sallying forth in a quiet baritone

RBI receives Rs 1.23-trn bid for Rs 25,000-cr long-term repo operations

In the auction for three-year maturity liquidity operations made last week, the RBI had received bids worth Rs 1.94 trillion for Rs 25,000 crore on offer.