Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-pays-higher-than-expected-price-to-buy-10-year-g-sec/article34842848.ece?homepage=true Bond yield declining about 3 basis points to 6.0192 per cent The Reserve Bank of India paid about 38 paise more to purchase
Category: RBI–Banks
Rupee crashes, bond yields spike as Fed turns hawkish – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rupee-crashes-bond-yields-spike-as-fed-turns-hawkish/article34843482.ece?homepage=true Top US central banker talks of unwinding the QE programme, raising interest rates Currency and bond markets turned intensely volatile following US Federal
rbi loan moratorium: How borrowers can use second loan moratorium offered due to coronavirus: Should you opt for it? – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/borrow/how-borrowers-can-use-second-loan-moratorium-offered-due-to-coronavirus-should-you-opt-for-it/articleshow/83542400.cmsSynopsis You can apply for a complete holiday of any repayment be it principal or interest up to a total moratorium period of two
PNB scam: Fearing investigation by Indian agencies, Mehul Choksi got dummy directors shifted to Bangkok, says CBI – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/pnb-scam-fearing-investigation-by-indian-agencies-mehul-choksi-got-dummy-directors-shifted-to-bangkok-says-cbi/articleshow/83573981.cmsSynopsis The probe has revealed that Choksi appointed employees of his Gitanjali Group of Companies as Directors/ Partners/ Authorized Signatories to his Hong Kong
RBI likely to maintain status quo in August meet, suggests SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-likely-to-maintain-status-quo-in-august-meet-suggests-sbi-report/articleshow/83569611.cmsSynopsis According to the State Bank of India’s Ecowrap report, inflation may remain on the higher side for a few months because of several
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-resolution-framework-2-0-rbi-considerate-of-msmes-need-but-real-time-situation-demands-more-measures/2272761/ Ease of Doing Business for MSMEs: A new exclusive criterion for asset classification for MSMEs or provision for interim financing or credit facility
On freeing up micro-finance industry space, caution must match intent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/on-freeing-up-micro-finance-industry-space-caution-must-match-intent/2272725/ The income ceiling for for defining MFI loans, the proposal to free NBFC MFIs from the current cap on spread, etc, need a
Future of the Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/future-of-the-rupee/article34833141.ece?homepage=true Getting ready for ‘cashless’ future India plans to table its Central-Bank backed Digital Currency (CBDC) policy in the next parliamentary session. Most of
Spike in May retail inflation leads to drop in G-Sec prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/spike-in-may-retail-inflation-leads-to-drop-in-g-sec-prices/article34823860.ece Government Securities (G-Sec) prices dropped on Tuesday as the retail inflation reading for May 2021 spiked above the monetary policy committee’s upper tolerance
Why the volatility in dollar-rupee forward premiums – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-volatility-in-dollar-rupee-forward-premiums/article34824435.ece The change in forward premiums is caused by the movement of interest rates in the two currencies. In India, the forward premium market
Rising inflation risk | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rising-inflation-risk-121061501553_1.html Ignoring it for long could increase longer-term costs The latest inflation data has put the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in a spot.
RBI will have to look through high inflation for growth, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-will-have-to-look-through-high-inflation-for-growth-say-economists-121061501364_1.html While the inflation numbers are much above RBI’s tolerance band, the central bank would rather hope an urgent reduction of taxes by the
Full-fledged economic recovery to take hold in July, says Niti Aayog VC Rajiv Kumar | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/full-fledged-economic-recovery-to-take-hold-in-july-says-niti-aayog-vc-rajiv-kumar-997607.html ‘And as happened after the first wave subsided, the strength of this economic recovery may also surprise us’ Rajiv Kumar, Vice Chairman, Niti
Step-up working capital loans to street vendors: RBI nudges PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/step-up-working-capital-loans-to-street-vendors-rbi-nudges-psbs/article34812258.ece Loan sanctions only at 58 per cent of total applications The Reserve Bank of India (RBI) has impressed upon public sector banks (PSBs)
The crippling impasse over external debt relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-crippling-impasse-over-external-debt-relief/article34814897.ece The impending debt crisis is spread across low- and middle-income countries. Yet global leaders show few signs of urgency or adequate action to
RBI sharpens tools to fight Covid 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-sharpens-tools-to-fight-covid-20/article34815348.ece It’s time for banks to aggressively use the liquidity windows provided by the RBI to lend to the ailing sectors and hasten revival
Why fiscal prudence in a pandemic year? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-fiscal-prudence-in-a-pandemic-year/article34815104.ece In 2020-21, rather than boost public spending, some States surprisingly chose to cut expenditure/subsides and the fiscal deficit The real gross domestic product
‘Inflation spike in May might cause RBI to revisit focus on growth risks’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-spike-in-may-might-cause-rbi-to-revisit-focus-on-growth-risks-121061500938_1.html This is based on commentary from global forecasting firm Oxford Economics Photo: Shutterstock Retail inflation spike in May might cause the RBI to “revisit
Inflation tax masquerading as dividend income | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-tax-masquerading-as-dividend-income-121061401675_1.html What we have is effectively a tax though it is subtle and non-transparent as it is collected indirectly through the RBI. In May,
RBI proposes to lift interest rate cap on microfinance institutions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-to-lift-interest-rate-cap-on-microfinance-institutions-121061500044_1.html Proposes debt-income cap; common rules for all micro-loan lenders This debt-income cap, the RBI felt, would obviate the need for having multiple restrictions
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