Page 313 - Reserve Bank Of India

Budget 2020: Commerce department seeks funds to boost export finance

Under the enhanced Trade Infrastructure for Exports Scheme, the ministry has been promised an allocation of around Rs 50 crore, same as it got last year

How non-tax revenue brought some comfort for govt in difficult times

The Budget estimated Rs 1.06 trillion to come from dividends from RBI, public sector banks and financial institutions in the current financial year

MANI app: Could be useful for visually-impaired persons if flaws are fixed

The app recognises new currency notes accurately when placed in front of the phone's camera and speaks the denomination out loud, but it struggles with the old notes

Govt seeks Rs 10,000-cr interim dividend from RBI to fix fiscal gap

This is 3rd consecutive year when the Centre has made the demand

Banking consortium declares Rs 14,000-cr ABG Shipyard loan 'fraud' account

With the account being declared 'fraud', banks are not expected to make additional provisioning; it has been already classified a non-performing asset

Banks continue to see drop in small study loans, but high-value ones rise

Experts also mentioned that the data suggests that the poorer sections of society could be borrowing less due to their weak ability to service loans

RBI raises short-term investment limit of FPIs to 30% from 20% of portfolio

FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.

RBI raises investment limit for FPIs in government and corporate bonds

The short-term investment limit has now been increased from 20 per cent to 30 per cent in both the cases, the RBI said in a circular

RBI to hold rates on inflation concerns, fiscal boost likely: Poll

The RBI was forecast to next cut rates by 25 basis points to 4.90% in the October-December quarter, according to the poll consensus

How RBI has empowered card customers with an additional layer of security

The option to switch on and off international or online usage gives an additional layer of security

Neither affordable nor relevant

Is it time to review the need to maintain CRR funds with the central bank?

Letter to BS: RBI won't be required if generalists could manage finance

It could have been a department of the Union Ministry of Finance.

It's divided house at RBI over new oversight cadre; board meet on Feb 15

Most officers want to opt out; issue to be taken up at central board meet

What next, Reliance Home Finance?

This is no default caused by liquidity tightness. It could have been avoided had the loans to group companies not been given. Period.

To survive slowdown, small businesses must conserve and maintain cash flow

Conserve cash and maintain a steady cash flow to survive this economic slowdown

A lesson to learn: Economic problems can have counter-intuitive solutions

From drug price ceiling to additional duties on steel imports and export ban to counter onion shortage - govt response to several problems shows the lessons may not have been learnt, writes T N Ninan

R.I.P. interest subvention scheme

The tripartite agreement between the housing finance company (HFC), the developer and the buyer is loaded against the buyer

Real estate woes impacting core sectors; working with RBI for solution: FM

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government

RBI mulls one-time rollover loan recast of select real estate firms

Real estate industry associations - CREDAI and NAREDCO have been seeking this one-time rollover

Michael Patra gets monetary policy dept in new role as RBI deputy guv

All these departments, in the past six months, were being managed by the three deputy governors