Page 333 - Reserve Bank Of India

RBI could have gone for higher risk provisioning, says Rakesh Mohan

This year's surplus was higher than usual and therefore, a large transfer in any case was going to happen, says Mohan

An exceptional year

Govt needs to reduce dependence on RBI

Govt should use funds from RBI to stimulate economy, says ADB chief

The visiting ADB president supported the RBI's approval to the fund transfer and said the country should come up with more such ideas to support growth

Currency in circulation increases 17% in FY19 to Rs 21.1 trillion: RBI

The Rs 500 and Rs 2,000 bank notes constituted 82.2% of the total value of bank notes in circulation at the end of March 2019

RBI says bank frauds rose 15% in 2018-19, pegs amount at Rs 71,543 cr

The average time gap in the date of occurrence of fraud and its detection was 22 months, the RBI said in its annual report

RBI to soon issue new salary norms for private, foreign bank heads

To align the current regulatory framework with global best practices, the RBI said, it will also issue the draft guidelines on corporate governance at banks

RBI dividend may drop next year

Central bank may done away with provisioning requirements, to enable higher transfer of surplus in the 2017-18 fiscal, analysts say

Stimulus for borrowers

The inherent belief of the powers-that-be appears to be that a new home loan is the only way to provide a fillip to economic activity

Letters to BS: Surplus transfer should not be seen as a windfall gain

The amount should not be wasted to run moribund public sector entities such as Air India

Rally in bond markets lasted just hours after analysts decoded RBI bonanza

Yields on the benchmark 10-year note ended five basis points higher at 6.53% on Tuesday

Das' capital: Whose money is it anyway?

As a result of this transfer, the RBI's ability to help a set of collapsing banks has come down and the govt's ability to pay its creditors has gone up

Analysts rule out big-bang stimulus spend by govt despite RBI windfall

Analysts say lacklustre tax collections and weak growth which is threatening the fiscal deficit target of 3.3 per cent of GDP are some of the reasons that will limit the government's spending power

Booster dose: Govt's package for realty sector, exports likely this week

The real estate industry, which has been in the doldrums for almost four years now, has been demanding regulatory and tax changes to shore up the demand and liquidity

No windfall

The govt's focus should be on wise use of RBI's one-time bonus

RBI to move to April-March accounting yr, restrict interim dividend payout

The central board of the RBI, which met on Monday, has accepted this recommendation, according to an official

RBI's fund transfer eases Centre's gross tax revenue growth target to 16%

The RBI's transfers would effectively add Rs 58,000 crore to the Centre's kitty in the current fiscal year

RBI transfer: FM protests Rahul's 'band aid for gunshot wound' barb

Rahul Gandhi accuses Centre of stealing from central bank, FM hits back

RBI finalises regulatory sandbox framework for innovation in fintech firms

If a fintech firm requires interface with a core banking system for example, a real-time and scaleable model of it will be made available

RBI's bonanza to give govt ammunition to fight slowdown, boost capex

This comes at a time when the economic growth rate has slumped to a five-year low after accelerating in the first few years of Modi 1.0 regime

Question for Modi govt: How to use $ 24 billion windfall from RBI?

The Finance Ministry is keen to use the transfer to cut its budgeted borrowings, though it's yet to make a final decision on how to spend the amount