The year 2018 was unusual in the central bank’s 85-year history. It saw government versus central bank bouts. Come Tuesday, the Reserve Bank of India’s
Category: RBI–Banks
For lower EMIs, RBI needs to ensure banks follow its regulation–Times of India
Reserve Bank of India’s monetary policy committee on Thursday lowered its interest rate by 0.25%, triggering hope that it may lead to a reduction in
Unauthorized withdrawals –Can the Banks escape liability on the ground– SMS alert was sent and was not responded ? –Anil Tikotekar
All of us are now aware that banks have a system of sending SMS for the transactions that take place in our account. Almost all
Banks liable for unauthorised withdrawals from customer accounts: Kerala High Court – The Hindu BusinessLine
The Kerala High Court has held that banks cannot be exonerated from liability for loss caused to a customer on account of unauthorised withdrawals made
Banks being penalized by RBI for lapses in monitoring of end use of funds–Anil Tikotekar
I was happily surprised to know today that RBI has imposed penalty on bank for not monitoring end use of funds. I refer to the
Shaktikanta Das stands firm on bad loans circular – The Economic Times
Reserve Bank of India governor Shaktikanta Das said there would be no changes to last year’s RBI circular that tightened bad loan recognition rules, frustrating companies and
In defence of RBI’s February 12 circular–Economic Times
It is welcome that the RBI governor, Shaktikanta Das, has chosen to stand by the controversial February 12 circular of the banking regulator, which elicited
It is up to agencies to probe Chanda Kochhar: RBI governor – The Economic Times
Highlights RBI governor Shaktikanta Das’s maiden monetary policy resulted in a change in the central bank’s stance and also delivered a rate cut. Additionally, he
allahabad bank: RBI slaps Rs 3.5-cr fine on Corp Bank, Allahabad Bank for flouting norms – The Economic Times
The Reserve Bank has imposed a cumulative penalty of Rs 3.5 crore on state-owned lenders Corporation Bank and Allahabad BankNSE -3.64 % for violation of various norms. “This is
PSB NPAs drop Rs 31,000-cr to Rs 8,65,433 cr in Apr-Dec FY19, says govt | Business Standard News
Bad loans of public sector banks declined by more than Rs 31,000 crore to Rs 8,64,433 crore in the first nine months of the current
High credit-deposit ratio restricts banks’ ability to cut interest rates | Business Standard News
In a sign that borrowers might have to wait longer to enjoy the full benefit of 25 basis points cut by the Reserve Bank of India (RBI),
Keep RBI’s balance sheet strong: YV Reddy – The Hindu BusinessLine
There is merit in keeping at least the RBI’s balance sheet strong if the government’s fiscal balance sheet is weak, according to YV Reddy, former
रिझर्व बँक –नेणता ‘दास’ मी तुझा | लोकसत्ता अग्रलेख
रिझव्र्ह बँकेच्या गव्हर्नरपदी नेमणूक झाल्यानंतर शक्तिकांत दास यांचे पहिलेच पतधोरण गुरुवारी जाहीर झाले. म्हणून त्याकडे अनेकांचे लक्ष होते. याआधीचे गव्हर्नर डॉ. ऊर्जित पटेल यांचे आणि
RBI rules out changes in one-day NPA recognition norms – The Economic Times
Despite incessant demand from a section in the finance ministry, corporates, as well as banks for some leniency in the February 12, 2018 circular that
Shaktikanta Das | RBI Policy: Das says RBI won’t prejudge the liquidity situation: Policy Highlights–Economic Times
According to RBI, global financial markets began the year on a calmer note after a turbulent December. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta
RBI proposes umbrella body for Urban Cooperative Banks: Depositors can hope for better days |Economic Times
The UO can also offer fund management and other consultancy services. RBI has proposed to set up an umbrella organisation for urban cooperative banks (UCBs) to make them
Monetary Policy–Cautious welcome for repo rate cut–Economic Times
On the face of it, the Monetary Policy Committee’s decision to lower the repo rate by 25 basis points makes perfect sense. After all, inflation
Monetary Policy–A realignment | Business Standard Editorials
In his maiden monetary policy review briefing, Reserve Bank of India Governor Shaktikanta Das outlined the Monetary Policy Committee’s (MPC) decisions that would please almost everyone — from the average home loan borrower to
New RBI governor a cheer leader for growth | Business Standard Column
Almost every analyst was expecting a change in the Reserve Bank of India’s (RBI) monetary policy stance from “calibrating tightening” to “neutral”, and all six members of
RBI Monetary Policy review: Market-friendly policy indicates there could be more cuts ahead | Business Standard News
The decision to lower rates by 25 basis points (bps) does come as a surprise though the change in stance was on expected lines. Quite
