Page 314 - Reserve Bank Of India

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

Administrator of DHFL meets lenders today to take stock of their claims

The DHFL spokesperson, however, clarified that one bank's move may not have a bearing on other banks

Bandhan Bank's net profit more than doubles to Rs 731 crore in Q3

Sequentially, net profit declined 24.79 per cent as it registered a profit of Rs 972 crore in Q2

Time to act is now! PSBs are fast losing market share to private peers

The truth is - falling market share of state-run banks is not something many will want to comment on record

Banks, bankers may face fines for poor progress over RBI's June 7 circular

The fresh set of guidelines, which will usher in a stricter compliance regime, is in the works and could be in the public domain by end of March

Insurers to pay penal interest for delay in settling health claims

The regulator on Monday issued an exposure draft on guidelines on standardisation of general clauses in health insurance policies contracts

Market sees RBI pausing rates for long as retail inflation hits 7.35%

Experts rule out rate cut till April, saying it'll take time for vegetable prices to fall

Reserve Bank of India buys net $6.93 bn in currency market in November

The Reserve Bank of India (RBI) bought $7.46 billion and sold $530 million in the market in November, it said in the bulletin which was released on Saturday

Worry about the trend, not the cycle

Our institutional capacity to support trend growth has not stayed the pace

FinMin may use more cash management bills in FY21 to meet debt obligations

Though the Union Budget 2020 will decide the fiscal deficit for the next financial year, it is now almost certain that the current fiscal deficit of 3.3 per cent may be unattainable

RBI releases national strategy for financial inclusion for 5-year period

The financial inclusion is increasingly is a key driver of growth and poverty alleviation world over

RBI approves Aadhaar-based video authentication as alternative to e-KYC

Video KYC will have to be verified through Aadhaar

Top headlines: PM meets economists, Maruti Suzuki under CCI radar, and more

India Ratings and Research on Thursday said that the country will have to increase its labour productivity growth to 6.3 per cent to attain 8 per cent economic growth

Tools to detect frauds have to be far superior, says Infrasoft Tech CEO

Assessment of frauds have taken a shorter time because banks have the systems in place, says Rajesh Mirjankar

Banks staring at 20% more provisioning for Rs 2.2-trillion debt

Bankers said they are looking outside the bankruptcy courts and will be able to resolve a few debts in the power sector before January-end

In a first, RBI plans to put weak private lenders under the hammer

The banking regulator is seeking an early exit mechanism for private banks under PCA

RBI buys and sells bonds worth Rs 10,000 cr in third open market operation

Long-term bond yields have come down by 20 bps since first OMO last month

RBI buys three long-term securities worth Rs 10,000 crore in third OMO

Offers to purchase three securities, including 10-year benchmark govt bond

Advance estimates of GDP to be released today, may not be closer to reality

The Reserve Bank of India has already cut its earlier projections and now projected the growth to be 5 per cent for the year

RBI's relaxation for banks to lend Rs 3.5 trillion extra set to end

The headroom will not be available in FY21, unless public sector banks are adequately recapitalised