With a new Governor at the helm of the Reserve Bank, it was only to be expected that the six-member Monetary Policy Committee would veer
Category: RBI–Banks
MSME sector: Current NPA norms are absurd, highly counterproductive: Animesh Saxena, FISME President – The Economic Times
Exporters find it very difficult to enter into forward contracts due to prevailing uncertainty over the fate of MEIS scheme. Employing 40% of country’s workforce,
RBI’s challenges | Business Standard Editorials
The main takeaway from the last monetary policy review of the Reserve Bank of India in February was a growing realignment between the financial stability concerns of the central
Junk Route to Active Corporate Bond Market–Economic Times
The lack of guidelines for investment in lower-rated bonds continues to hamper corporate bond market development in India. Sebi’s recent circular, however, has streamlined valuation
Beyond accounting | Business Standard Editorials
The Reserve Bank of India (RBI) has decided to defer the implementation of the Indian Accounting Standards (Ind-AS) for banks for the second year running
RBI: Still unaccountable and above law? | Business Standard Column
Does the Reserve Bank of India (RBI) understand the Right to Information Act (RTI) far better than the central information commissioners, judges of high courts, and even those of
Banks face higher provisions on resolution delays to big-ticket NCLT cases | Business Standard News
Four big-ticket National Company Law Tribunal (NCLT) cases — Essar Steel, Bhushan Power and Steel, Jaypee Infratech, and Alok Industries — will see their resolution
A new tool in apex bank’s repertoire–Economic Times
The RBI’s successful rupee-dollar swap pilot is likely to entrench this as a liquidity management tool in the central bank’s repertoire. The swap represents proactive
bad loans: How bad loan mess is hurting lesser-rated borrowers as well as banks – The Economic Times
Bankers acknowledge that the pivot toward better credit profile could leave some companies behind. Best of the Breed: That’s the central hiring mandate to HR
Rupee strengthens. Should RBI worry? – The Hindu BusinessLine
Cometh the hour, cometh the idea. This phrase is apt for the latest USD-INR swap auction conducted by the Reserve Bank of India. The runaway
RBI throws open rupee interest rate derivatives market to non-residents – The Hindu BusinessLine
The RBI, on Wednesday, said non-residents can undertake transactions in the rupee interest rate derivatives markets to hedge an exposure to rupee interest rate risk
NPA: Bitter NPA pill for Renuka Sugars’ lenders–Economic Times
According to RBI’s February 12 circular, credit facilities of borrowing entities may be upgraded as ‘standard’ (from NPA) after a change in ownership is implemented.
Jerome H. Powell: Fed nominee Moore says December rate hike was a big mistake – The Economic Times
By Craig Torres and Rich Miller Federal Reserve nominee Stephen Moore called the Fed’s December interest-rate hike “a very substantial mistake” while adding that he looks forward
Karnataka Bank reports Rs 13 cr fraud–diversion of funds– to RBI – The Economic Times
The bank extended the working capital facility under multiple banking arrangement. Karnataka BankNSE -1.98 % on Saturday said it has reported to regulator RBI about a fraud amounting to Rs
Accounting rules: India postpones accounting rules, sparing banks bad-loan piles–Economic Times
by Rahul Satija India delayed the introduction of tough new accounting rules for the second year running, in a move that will spare the country’s
“Govt should not treat RBI at par with other departments under its control” – The Hindu BusinessLine
At a time when the Reserve Bank of India (RBI) is in loggerheads with the Centre over issues ranging from interest rate cuts to autonomy
Cheaper loans? RBI may effect 25 basis point cuts in April, June/August – The Financial Express
By Indranil Sen Gupta & Aastha Gudwani The standing call for a RBI OMO calendar for June stands. However, the money market will still be in slight deficit/neutral
RBI defers launch of IndAs again, awaits amendments to the banking laws | Business Standard News
The Reserve Bank of India (RBI) has postponed roll out of the new accounting standards (IndAS) for the second time. It is awaiting amendments to the banking laws before
HDFC Bank warns about this fraud; Know how to keep your money safe – The Financial Express
Online frauds such as cyber threat, internet crime and hacks have also increased, with the increased adaption of technology. Leading banks like the State Bank
RBI’s bond buys in current fiscal year can be inflationary, say economists | Business Standard News
The Reserve Bank of India (RBI) now holds bonds worth Rs 9.08 trillion, much higher than its pre-demonetisation level of Rs 7.5 trillion, thanks to record open market