Page 322 - Reserve Bank Of India

RBI deputy guv M K Jain flags concerns over rising stress in Mudra loans

Banks need to focus on repayment capacity at the appraisal stage and "monitor the loans through the life cycle much more closely, said M K Jain

IL&FS was a Lehman-like moment

Now that the consequences of the collapse of IL&FS are before us, the question worth asking is: Was the decision to let IL&FS fail a policy blunder as the Lehman decision was?

Will comply with govt's regulations of data localisation: Google Pay

The Reserve Bank of India (RBI) had asked payment companies to ensure that transaction's data are stored exclusively on local servers

DHFL pushes back release of Q2 results; new date to be announced later

"The administrator and the advisory committee will require some time to formulate the working modalities," DHFL stated

India's economic growth to weaken in second half of FY20, says DBS Bank

New project announcements remain at a multi-year low, while production was depressed by weak consumer durables, non-durables, intermediate and capital goods, the bank pointed out.

Rupee only emerging Asian currency to slide this qtr; losses to gather pace

The rupee dropped to 72.2425 per dollar earlier this month, a whisker away from a nine-month low of 72.4075 set in September.

RCEP offer 'was not as much as our aspirations', says FM Sitharaman

She also said that she held discussions with credit rating agencies on their methodology to assess risk

RBI mulls new rules on corporate governance; wants banks to 'disclose more'

Speaking to an audience comprising of all the top bankers, RBI deputy governor said the new guidelines will be put in public domain and the RBI will be seeking comments before finalising any rules

DPIIT received complaints of e-commerce firms offering discounts: Goyal

The Reserve Bank of India (RBI) administers the FEMA and Directorate of Enforcement is the authority for the enforcement of the act

Top headlines: RBI constitutes panel for DHFL, more curbs on H1-B likely

Here are top headlines of the day

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more

From Rs 2.5 trillion loan disbursement by PSUs to DHFL's audit report, Business Standard bring you the top business headlines for the day

Achieving $5-trn GDP target simply out of question: Ex-RBI Guv Rangarajan

The economy has been on steady decline with growth rate slowing from 8.2 percent in FY16 to 6.8 percent FY19

A test case

DHFL resolution will strain IBC, but is systemically vital

Major wilful defaulters revealed: RBI finally discloses details under RTI

For over ten years, the RBI has denied RTI applicants this information arguing that it would be against the economic interests of the country

FATF notice against N Korea, Iran: Sebi informs capital market stakeholders

It has previously also issued such warnings for risks attached with Iran and North Korea, and the subsequent caution notices have been issued by Sebi and the Reserve Bank of India.

Of 20 mn fishermen, Kisan credit cards given to 8,400 so far, says govt

However, not many cards could be distributed to fish farmers due to lack of awareness and delay in issuing RBI guidelines for implementation of this facility, sources said.

Govt to take 6 months to divide J&K Bank assets, liabilities and ownership

With the new development, the Centre will automatically get the 60% share that the state of Jammu and Kashmir holds, but via the Union Territories

Top Headlines: Wilful defaulters revealed, IOC may not bid for BPCL & more

Here are the top headlines of the day

RBI slaps Rs 1.75-crore penalty on Indian Bank for non-compliance

The non-compliance included the opening of savings bank accounts of a co-operative society and non-adherence with directions on KYC

Invest abroad to beat market risks, but err on the side of caution

Brokerages, online platforms are making foraying into foreign equities easier