Tags RBI

Tag: RBI

Digital funds bounce manifold in five years to FY20: RBI

MUMBAI: Concerted efforts via the Reserve Bank to transport to a non/less-cash financial system via pushing digital payments have begun to pay wealthy dividends...

India’s structural promise stays intact: JPMorgan

India stands proud amongst rising markets as a result of its era talents. Fund flows would stay sturdy, particularly chasing the virtual theme, says...

RBI to habits on-tap TLTRO price Rs 1 trillion to nudge credit score expansion

The Reserve Bank of India (RBI) will supply banks on-tap finances as much as Rs 1 trillion to provide loans to sectors having multiplier...

Why the long-term outlook for India equities glance so tempting

RBI unveiled its monetary policy not too long ago. While coverage charges have been left unchanged, the central financial institution did underline the wish...

Reserve Bank’s financial coverage choice to be introduced on Friday

    With the federal government filling up the vacancies for 3 exterior individuals of the monetary policy committee (MPC) on Monday night time, the Reserve...

Question of lifestyles: Solvency and now not liquidity will have to be the core of coverage reaction for MSMEs

That the Indian financial system is in unhealthy form was once recognized, the level was once printed through the announcement that Indian GDP shriveled...

HC lets in a plea in opposition to Lakshmi Vilas, desires Sebi and RBI reply in eight weeks

A minority shareholder of Lakshmi Vilas Bank (LVB) approached the Madras High Court with a plea to direct RBI and Sebi to start up...

In a primary, SBI hires externally to fill CFO submit

MUMBAI: State Bank of India (SBI) has appointed Charanjit Attra, a specialist with EY, as its leader monetary officer (CFO)....

Lakshmi Vilas Bank slips 5% amid considerations over Clix Capital deal

Shares of Lakshmi Vilas Bank (LVB) slipped Five p.c to Rs 19.15 at the BSE within the intra-day industry on Wednesday on considerations Clix...

Retail shoppers but to way us in giant numbers for mortgage recast: SBI MD

The nation’s greatest lender, State Bank of India (SBI), has, thus far, now not observed its retail shoppers way the financial institution in giant...

Banking on banks

Sometimes, it takes a disaster to do what’s wanted and India’s present turmoil provides one such alternative. Former Reserve Bank of India governor Raghuram...

Promise damaged, states broke

The mechanism to lift the budget to give you the repayment used to be the GST Compensation Fund. The mechanism used to be in...

South Indian Bank cuts MCLR through 0.05 laptop throughout tenors

NEW DELHI: South Indian Bank (SIB) on Friday introduced reducing its marginal cost of funds primarily based lending rate (MCLR) through 0.05 p.c throughout...

Currency in circulation rises 24% as people hoard cash, shows RBI data

Currency with the general public rose 24 according to cent YoY through the top of August, towards simply 12.eight according to cent within the...

RBI revises audit norms for banks to improve risk management systems

Mumbai: The Reserve Bank on Saturday got here up with revised long format audit report (LFAR) norms with a purpose of making improvements to...

YES Bank freezes at 5% higher circuit on the fee of Rs 35,000 crore to RBI

YES Bank stocks had been locked within the higher circuit band of five in keeping with cent at Rs 15.78 at the BSE on...

Delhi High Court laws in favor of ADAG after fraud account tag by means of BoB and PNB

MUMBAI: Anil Ambani staff firms Reliance Home Finance and Reliance Commercial Finance have secured meantime order from the Delhi High Court that has restrained...

Reserve Bank’s silence on record India bond sales leaves traders baffled

The Reserve Bank of India’s financial coverage overview has come and long gone but it surely’s finished little to calm investors’ nerves over an...

Opinion | RBI performs revive word, will FinMin do an encore?

Last week, the Reserve Bank of India (RBI) modified gears. The central financial institution hit the pause backside on price cuts, however, left nobody...

Extension of moratorium, mortgage re-structuring will also be dangerous for lenders: Icra

Extension of moratorium and one-time restructuring of mortgage may just pose demanding situations to lenders, and likewise have an effect on their monetary steadiness...

Sensex rises 200 points ahead of RBI meet outcome; Nifty above 11,150

NEW DELHI: Domestic fairness indices opened upper on Thursday forward of RBI policy meet result scheduled later within the day. Investors purchased equities in...

Bandhan Bank set to lift Rs 10,500 cr, cut promoter holding

Promoters of Bandhan Bank are set to lift about Rs 10,500 crore via promoting stocks within the secondary marketplace on Monday, translating right into...

Audit corporations read about NFRA order in ILFS case, to plot for long run implications

National Financial Reporting Authority’s(NFRA) debarment of Deloitte’s Udayan Sen has sent alarm bells ringing across the audit firms in recent times underneath investigation by...

Opinion | Indian inflation and what the tea leaves have to mention in a deadly disease

The bean counters running for the federal government typically calculate per thirty days inflation through amassing costs from 1,114 city markets in addition to...

RBI’s stress test confirms an ugly pandemic hit on banks

  India’s lenders had introduced down dodgy loans to only 8.5% in their ebook in FY20 from an unpleasant 11.6% in FY18. It turns out...

India’s forex reserve up by $ 3.1 bn to high of $516.362 bn

The nation's foreign currencies alternate reserves swelled by the use of $3.108 billion to a document best of $516.362 billion within the week to...

Banks must raise capital well in time to build resilience: RBI Governor

The Reserve Bank of India (RBI) desires banks to spot vulnerabilities early and lift capital in time and now not look forward to when...

Economy signs of getting back to normalcy: RBI governor

MUMBAI: RBI governor Shaktikanta Das has stated that the financial system is appearing indicators of having again to normalcy in keeping with the staggered easing of restrictions and that the coverage measures by means of RBI seem to have labored up to now. Despite the easing, the governor stated that...

PNB chief hopeful of RBI allowing one-off loan restructuring by October

Punjab National Bank Managing Director S S Mallikarjuna Rao on Monday expressed hope that the Reserve Bank will unveil through October its mortgage restructuring...

Gold bond issue price fixed at ₹4,852 per gram

MUMBAI : The issue price for the Sovereign Gold Bond has been fixed at ₹4,852 per gram of gold, the Reserve Bank of India said...

Deepak Parekh backs RBI moratorium, requires actual property mortgage restructuring

  Housing Development Finance Corp Ltd (HDFC) chairman Deepak Parekh has referred to as for a one time restructuring of actual property loans to lend...

Govt approves scheme to improve liquidity position of NBFCs, says RBI

  The govt has authorized a scheme below which the eligible non-bank lenders might be equipped momentary liquidity thru a unique objective car (SPV) arrange...

Rupee depreciation to assist spice up Indian farm, textile and jewelry exports

A depreciating rupee is about to give a boost to India’s competitiveness on the planet marketplace and thus assist spice up exports of agricultural...

RBI buys so many US dollars that it ends up supporting debt market

The Reserve Bank of India has collected such a lot of greenbacks lately that it’s having a knock-on have an effect on at the...

Opinion | A twist of rates

The Reserve Bank of India (RBI) on Thursday discussed it could conduct specific open market operations on 2 July to buy long-dated government bonds...

COVID-19: SBI economists pitch for second spherical of economic bundle for impacted sectors

Mumbai: The surge in equity markets is not hooked up to monetary recovery and may be a sign of irrational exuberance, economists at SBI...

Cooperative banks to be supervised by RBI; govt to bring an ordinance

The Union govt has made up our minds to convey 1,482 city cooperative banks and 58 multi-state cooperative banks, underneath the supervisory powers of...

HC queries Centre, RBI on different treatment to PMC Bank depositors vis-a-vis Yes Bank

NEW DELHI: The Delhi High Court has directed the RBI and the Centre to provide an explanation for as to how the depositors of...

RBI central board takes stock of economic situation, Covid-19 challenges

Mumbai: The Central Board of the Reserve Bank of India (RBI) deliberated at the present financial state of affairs and evolving demanding situations posed...

NBFC-MFIs to begin fresh lending only after expiry of moratorium

Kolkata: A majority of non-banking finance companies-microfinance establishments (NBFC-MFIs) are making plans to renew contemporary lending in September, whilst the vulnerable liquidity state of...

RBI asks banks, NBFCs to disclose digital lending agents upfront

To make digital lending further transparent, the Reserve Bank on Wednesday directed banks, NBFCs and digital lending platforms to reveal whole wisdom upfront on...

RBI asks lenders to submit analysis on COVID-19 impact

MUMBAI: The Reserve Bank of India has requested lenders to put up an research of the most likely have an effect on of Covid-19...

Opinion | A conflict-ridden SIDBI needs the government to clarify its role

In their ebook, In Service of the Republic, Vijay Kelkar and Ajay Shah warn towards distortions led to by means of the...

After CERT-In, now RBI warns consumers of phishing scams

MUMBAI: Two days after CERT-In’s warnings over conceivable upward push of phishing and consumer fraud attacks on digital payment channels, India’s banking regulator has...

YES Bank will not pay interest on bonds due on June 29

Mumbai: YES Bank will default its interest payment on its 10.25% higher Tier II bonds which is due on June 29, after Reserve Bank...

Govt keeps off RBI’s WMA for three consecutive week

The govt's money flows has stepped forward up to now few weeks with most likely because of it now not spending on initiatives retaining...

RBI nudges banks to decide if red-flagged accounts are fraud

MUMBAI: Banks are in a big predicament over a directive from the Reserve Bank of India (RBI) that lenders must come to a decision...

RBI on Banks news: RBI nudges banks to decide if red-flagged accounts are fraud | India Business News – Times of India

MUMBAI: Banks are in a big predicament over a directive from the Reserve Bank of India (RBI) that lenders must make a decision whether...

Opinion | A long-term strategy to steer the economy out of this crisis

The international used to be unprepared for this important surprise. Because of the virus’s unfettered international unfold in its early days, and as long...

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Interest on passion waiver: Banks get started crediting accounts; FinMin problems further FAQs

New Delhi: Banks have began refunding debtors the compound interest charged on specified mortgage accounts all over the moratorium period. Last week, the Reserve Bank...

Paliganj Election Final Result 2020 Declared: CPI-ML’s Sandeep Saurav defeats JD(U)’s Bachcha Yadav in wonder win

  CPIML's Sandeep Saurav won a complete of 67,917 (43.73 %) votes towards JD(U)s Bachcha Yadav's 37,002 (23.83 %) votes. The latter had gained the...

Google to release subscription-based VPN services and products; rollout in the USA quickly

(Reuters) - Alphabet Inc's Google mentioned on Thursday it plans to release a VPN provider for customers, which might be to be had with...

Tamil Nadu tops Indian states in new investments in H1FY21: CARE Ratings

Tamil Nadu leads Indian states in attracting investments all through the primary part of FY21, having controlled to take hold of 16 p.c of...