Page 330 - Reserve Bank Of India

PMC Bank crisis: No need to get into this now, says FM Sitharaman

The government's intention is to have a stable environment, she said

Govt might seek extension of ECB to boost NBFC credit in economy

May ask RBI for relaxed co-origination norms

Reserve Bank officers have Rs 105 crore fixed deposit in PMC Bank

The RBI has said the depositors of the PMC bank would not be allowed to withdraw more than Rs 1,000 from a savings account, current account, or any other deposit account for six months

RBI hikes withdrawal cap to Rs 10,000 from Rs 1,000 for PMC Bank customers

The amount is the maximum one can withdraw in six months, and includes the Rs 1,000 withdrawal allowed earlier

FM to discuss external benchmarking of loans, MSME credit with pvt bankers

Finance Minister Nirmala Sitharaman is expected to hold a press conference at around 7 pm today

PMC Bank's liquidity profile is good, depositors need not worry: RBI

As for how long before depositors can withdraw their money from the bank, Bhoria said was left to the RBI to decide

RBI denies rumours of bank closures after curbs on local lender spark fear

This is the second time in less than two years that policy makers have had to publicly come out in support of banks

'My money is gone now': Customers panic as RBI curbs activities at PMC Bank

The sudden move caused PMC Bank depositors to panic and led to protests and long queues outside the bank's branches

As NPA resolution crawls, banks stare at spike in credit cost: India Rating

Icra said material incremental NPA generation for fiscal 2020 and 2021 may come from the agriculture and MSME sectors

RBI places restrictions on Punjab & Maharashtra Co-op Bank's biz for 6 mths

Supersedes board, appoints admin; exposure to HDIL bone of contention

Banks must appropriately price in credit risk: Ex-RBI deputy guv Thorat

Usha Thorat says it's absolutely essential for financial stability that bank spreads are not under threat

SBI to use repo rate as benchmark to price MSME, retail loans from Oct 1

Also, link pricing credit to Medium units to the repo rate

SBI to launch co-lending of loans with NBFCs in next 30 to 40 days

The loans, which would essentially be for priority sector, would be on a fully-automated platform

DBS Bank expects modest rate cut at RBI's MPC meeting in October

The new effective rate takes India closer to its regional peers, on par with China, South Korea, Indonesia and OECD average

How're corporation tax cuts going to be financed? Is this helicopter money?

Slashing the government's take from corporate profits to 25.2 per cent from 34.9 per cent has given a boost to stock-market sentiment

Corporate tax cut: RBI gets rate respite, cost of funds for firms to soften

Borrowing cost for corporates can come down owing to an improved balance sheet and rating upgrades

Why more monetary easing is on the cards

Any change in the value of the new external benchmark mandated by the RBI will find expression in bank lending rates far more quickly than has been happening until now

Corporation tax cut a big positive, but demand recovery may take time

A globally competitive corporate tax environment though encourages foreign investments and job creation in the long run

New corporate tax rates closer to global ones, says Shaktikanta Das

The finance minister on Friday slashed the effective corporate tax rates to 25.17 per cent (inclusive of all cess and surcharges) from 30 per cent for all domestic companies

Nobody interferes in my decision-making, but govt is sovereign: RBI Guv

Das said there has to be exchanges of ideas and explaining one's position to the other is necessary as it creates a harmonious and healthy relationship