Page 310 - Reserve Bank Of India

Farm loan waivers must be targeted; amounts should be released quickly: Das

Such write-offs of loans affect the capability of farmers to access debt for the next season in time, the RBI governor added

Cash is king, digital is divine: RBI talks digitisation post demonetisation

Digital payments in the country have witnessed a growth (CAGR) of 61 per cent, it said

Banks facing slow credit offtake, flow to realty needs to improve: RBI Guv

Real estate developers, battling a prolonged slowdown in demand, are struggling to raise funds to construct or complete projects

Special-series bonds could be over 10% of FY21 gross borrowing target

Amount of debut issue and subsequent tranches will be finalised by FinMin, RBI in end-March

RBI unveils 5-yr financial inclusion strategy: Here're key recommendations

Under the national strategy, the committee has recommended new entrants to the financial system - eligible and willing to undergo any livelihood/skill development programme

Sector-specific upticks far from gaining economy-wide traction: RBI MPC

India's economic growth is estimated to have slowed down to 11-year low of 5 per cent during the current financial year ending March 2020

RBI monetary policy committee torn between growth concerns, inflation fears

The MPC is mandated to keep inflation in a range of between 2% and 6% and recent data showed the retail inflation rate in January climbing to a more than six-year high of 7.59%

MPs' panel for dilution of default definition, but RBI flags concerns

The commercial or debt paper is the favourite route of corporates to raise funds when compared with loans from banks. They help meet short-term working capital requirements.

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April

Chanda Kochhar's plea against sacking has no legal ground: ICICI Bank to HC

The bank is seeking recovery of amounts towards the clawback of bonuses given to her from April 2006 to March 2018 after her termination of services by the bank

No reason to doubt govt will meet fiscal deficit targets: RBI Guv backs FM

In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit

Moody's cuts India's 2020 growth forecast to 5.4% amid coronavirus fears

With the virus continuing to spread, it is still too early to make a final assessment of the impact on China (A1 stable) and the global economy.

RBI's maiden long-term repo operation receives Rs 1.94-trillion bids

The allotment was done for all bids on a pro-rata basis

Telecom AGR dues: RBI closely monitoring developments, says Governor Das

In an interview with PTI, Das said so far no red flags have been raised but the central bank continues to monitor the situation closely

Market Ahead, February 17: Top factors that could guide markets this week

According to report, telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payment for the adjusted gross revenue dues today

RBI to sync its accounting year with govt's fiscal year from 2020-21

With this move, the central bank will do away with nearly eight decades of practice

RBI board recommends aligning accounting year with fiscal year from 2020-21

The Central Board of Directors of the RBI at its 582nd meeting reviewed the current economic situation, global and domestic challenges and various areas of operations of the RBI

RBI Governor expects transmission of rate cuts to improve further

Earlier this month, the central bank opted for a status quo on the benchmark interest rate, amid signs of hardening inflation and an uncertain global environment

A remittance tax

Compliance burden should not be increased

Long-term repo operations will be conducted on fixed-rate basis: RBI

The monetary authority also clarified that the interest on these repos will be compounded on an annual basis and will be conducted at the prevailing repo rate