Page 318 - Reserve Bank Of India

Number of debit cards fall by 15% to hit two-year low in 2019: RBI data

Banks have stopped issuing suo moto cards for dormant accounts and moved to chip-based cards, weeding out many accounts

Rate cuts to 'operation twist', RBI governor is pushing policy boundaries

The policy easing cycle this year saw Das and his rate-setting panel deliver a rare 35 basis-point cut in August

RBI's 'Operation Twist' promise drags down long-term yields sharply

If the central bank made it a one-off exercise, then the yields should climb back, the bond dealers said

Fitch cuts India's GDP growth to 4.6% as credit crunch cripples economy

The rating agency sees moderate fiscal slippage, retains sovereign rating and outlook

Govt's outstanding loans from RBI at $4.36 bn in week ended Dec 13

The central government had Rs 525.75 billion ($7.33 billion) outstanding loans in the week earlier

RBI's sale and purchase of govt securities will be liquidity neutral: DBS

The central bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations for Rs 10,000 crore each on December 23, 2019.

RBI to buy and sell bonds worth Rs 10,000 cr via open market on Dec 23

Move signals lower bond yield at the long end

RBI MPC minutes: Rising inflation, lack of rate transmission led to pause

Members will look for growth initiatives in Union Budget

Rising onion prices taken up prominently in RBI MPC meeting, minutes show

The six-member MPC, headed by Das, had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing inflation

BofA: Govt should push for fiscal expansion, growth bottoming up

The reason for the current slowdown is high real rates in the past, and delay in recapitalisation of banks, among others

Fiscal deficit for April-November likely stood at 107% of FY20 target

For the deficit to be 3.3 per cent of GDP, it assumes a nominal GDP growth of 12 per cent in FY20

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs

HDFC Bank MD Aditya Puri and SBI Chairman Rajnish Kumar discuss the present and the future of the industry in a fireside chat

Fiscal profligacy can lead to critical situation: Former RBI Guv Subbarao

Subbarao pointed out that the nominal GDP growth has fallen to as low as 6.1%

After NEFT, RBI is planning to make RTGS facility available 24X7

This could become a reality in a month or two, said a source

India joins elite club to enable free 24x7 NEFT funds transfer facility

Freeing up such transactions were to give further impetus for such digital retail payments.

10-yr bond yields hit treasury math; moves up about 30 bps since rate pause

Market is waiting for the Budget to get more clarity on numbers, say experts

The uncertain times continue for banks

It is difficult to say whether the banking sector will see the worst behind it by March 2020

PMLA vs IBC: Experts explain why battle for primacy is far from over

Experts are sceptical about how it will play out

Budget 2020: Centre may announce increase in FPIs' debt limit to 10%

Existing limit for FPI investment in G-secs is 6% of the outstanding stocks of securities; govt may announce increase to 10% in Union Budget 2020

Negative real interest rate no cause for concern, say economists

The RBI is expected to reduce its policy rate to 4.5% in this rate cycle, economists say