Page 317 - Reserve Bank Of India

UCBs to be part of CRILIC reporting framework from December 31

Currently, the UCBs are not a part of the CRILIC reporting framework. The RBI's move will help strengthen offsite supervision and early recognition of financial distress.

Impact of NBFC failures on banking system has reduced in past 6 months: RBI

Following NBFCs, HFCs were the second-largest borrowers of funds from the financial system with gross payables of around Rs 5.9 trillion and gross receivables of only Rs 33,110 crore as of end-Sept

RBI's second round of Operation Twist, global cues fuel market rally

The 30-share Sensex ended 411.38 points higher at 41,575.14, while the Nifty closed 119.25 points up at 12,245.80

Slowdown, credit squeeze to increase NPA, but banks more resilient now: RBI

Says geopolitical uncertainties an overhang; CAD to remain under control

Housing prices in cities continue to moderate, says RBI report

On a year-on-year basis, a large variation was observed in HPI growth, with Kanpur recording the highest rise (18.3 per cent) and Delhi recording the maximum contraction (-2.6 per cent), said the RBI.

Steeply falling revenue risks fiscal parameters, could be a challenge: RBI

What is more pertinent is the divestment revenue. Of the Rs 1.05 lakh crore budgeted for the year, only 17 per cent have been achieved so far

Report all exposures above Rs 5 crore: RBI directs large co-op banks

To start with, UCBs will be required to submit CRILC report on quarterly basis with effect from December 31, 2019

Banks' gross NPA ratios may rise from 9.3% to 9.9% by Sept 2020: RBI

The foreign banks' gross bad loans may increase to 3.1 per cent from 2.9 per cent in September 2019

Improve corporate governance to lift economic efficiency: RBI to India Inc

Comments come at a time when many promoters of companies are under regulatory scanner

Budget 2020: FM to meet heads of PSBs to discuss credit situation, economy

The meeting is also expected to take up discussion on non-performing asset recovery through both NCLT and non-NCLT means

Time running out for PSBs

Business is rapidly shifting to private banks

RBI to again conduct special open-market operation on December 30

Analysts expect the central bank to cut repo even further

Bad loans taken over by ARCs rose 17.4% in 12 months ended June 2019

The amount they bought of such NPAs in the 12-month period was less, at Rs 57,506 cr, from the Rs 67,830 cr they acquired in the previous such one-year period

Is IBC in ICU?

Senior judges need briefings on economy-wide consequences of their decisions

Credit growth, NPA reduction to depend on pace of economic revival: RBI

Credit to the commercial sector shrank by Rs 52,971 crore during April-September this calendar, or in the first half of 2019-20, from an expansion of Rs 3.66 trillion in the same period a year ago

Assess health of PSbs by their ability to raise resource from market: RBI

In 2017-18, the government had infused a capital of Rs 90,000 and another Rs 1,06,000 crore in 2018-19 into the PSBs, bolstering their capital position

Gross NPA ratio improves to 9.1% at Sept end from 11.2% y-o-y: RBI

Net non-performing assets (NPAs) of all commercial banks reduced to 3.7 per cent in FY19 as against 6 per cent in FY18.

RBI conducts first simultaneous OMO, buys more bonds than it sells

The central bank had planned to buy up to Rs 10,000 crore of 10-year bonds and sell up to Rs 10,000 crore of four short-term bonds

RBI allows IFSC banking units to open foreign currency current accounts

As per the existing norms, IFSC Banking Units (IBUs) were not allowed to open any current or savings accounts

RBI caps lending on P2P platforms at Rs 50 lakh to shield consumer interest

The lender investing more than Rs 10 lakh across P2P platforms will produce a certificate to P2P platforms from a practising Chartered Accountant certifying minimum net-worth of Rs 50 lakh