https://www.business-standard.com/economy/news/mpc-members-voice-concern-over-food-inflation-trajectory-show-minutes-123122200888_1.html Clipped from: https://www.business-standard.com/economy/news/mpc-members-voice-concern-over-food-inflation-trajectory-show-minutes-123122200888_1.html External members flag high real interest rates Photo: Bloomberg Listen to This Article All six members of the Reserve Bank of India’s
Category: RBI–Banks
Banks seek funds amounting to 2.43 times the notified amount at 7-day VRR auction – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-seek-funds-amounting-to-243-times-the-notified-amount-at-7-day-vrr-auction/article67666454.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-seek-funds-amounting-to-243-times-the-notified-amount-at-7-day-vrr-auction/article67666454.ece The central bank allotted 7-day funds aggregating ₹1,75,013 crore in the auction at a higher weighted average rate of 6.70 per cent
NBFCs begin provisioning for AIF exposure after RBI tightens norms
https://www.business-standard.com/finance/news/rbi-norms-nbfcs-start-provision-assessing-impact-for-aif-exposure-123122101008_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-norms-nbfcs-start-provision-assessing-impact-for-aif-exposure-123122101008_1.html Piramal to adjust Rs 3,164 cr; IIFL Finance sees Rs 161 cr impact Piramal Enterprises Ltd (PEL) and IIFL Finance have informed
https://www.business-standard.com/industry/banking/bank-frauds-increase-private-sector-lenders-make-more-write-offs-123122200303_1.html Clipped from: https://www.business-standard.com/industry/banking/bank-frauds-increase-private-sector-lenders-make-more-write-offs-123122200303_1.html Private banks in FY23 accounted for 74% of amounts written off due to fraud Illustration: Ajay Mohanty Listen to This Article The
Piramal, IIFL Finance declare AIF exposure to assuage provisioning concerns – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/piramal-iifl-finance-declare-aif-exposure-to-assuage-provisioning-concerns/article67662688.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/piramal-iifl-finance-declare-aif-exposure-to-assuage-provisioning-concerns/article67662688.ece RBI had tightened norms for AIF investments by banks and NBFCs A day after the shares of Piramal Capital and IIFL Finance
RBI’s crackdown on AIFs points to serious violations – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/rbis-crackdown-on-aifs-points-to-serious-violations/article67662477.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbis-crackdown-on-aifs-points-to-serious-violations/article67662477.ece The fear of loan delinquencies in retail lending, and now among a section of commercial lenders, seems to have got the RBI
RBI Governor’s unfinished task–will he succeed before he retires ? — Courtesy Business Standard –December 2023
https://www.business-standard.com/economy/news/bringing-cpi-inflation-to-4-within-a-year-will-be-das-biggest-achievement-123121401259_1.html Clipped from: https://www.business-standard.com/economy/news/bringing-cpi-inflation-to-4-within-a-year-will-be-das-biggest-achievement-123121401259_1.html During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital Photo: Bloomberg Reserve Bank of India
2023: many hits, some misses – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/2023-many-hits-some-misses/article67659339.ece Clipped from: https://www.thehindubusinessline.com/opinion/2023-many-hits-some-misses/article67659339.ece The economy is in fine fettle, but there are niggles with respect to demand, capex composition and inflation As is normally the
The climate finance shortfall – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-climate-finance-shortfall/article67580626.ece Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-climate-finance-shortfall/article67580626.ece The focus on fossil fuel phase out and net zero target is diverting attention from developed nations’ financial responsibilities The world’s leaders
Unified Payments Interface: 7 important things to remember while making UPI payments – Money News | The Financial Express
https://www.financialexpress.com/money/7-important-things-to-remember-while-making-upi-payments-3342476/ Clipped from: https://www.financialexpress.com/money/7-important-things-to-remember-while-making-upi-payments-3342476/ By following these steps, you can navigate UPI payments securely and confidently, safeguarding against potential risks and ensuring a smooth payment experience.
Hoping for reduction of rates from middle of FY25: SBI Chairman Khara
https://www.business-standard.com/companies/interviews/hoping-reduction-of-rates-from-middle-of-next-fiscal-sbi-chairman-khara-123121700513_1.html Clipped from: https://www.business-standard.com/companies/interviews/hoping-reduction-of-rates-from-middle-of-next-fiscal-sbi-chairman-khara-123121700513_1.html Khara also says, in an interview with Manojit Saha, the bank has a plan to plough back a significant part of its
A year of setting up a new system of regulation
https://www.business-standard.com/opinion/columns/a-year-of-setting-up-a-new-system-of-regulation-123121700935_1.html Clipped from: https://www.business-standard.com/opinion/columns/a-year-of-setting-up-a-new-system-of-regulation-123121700935_1.html The RBI’s efforts in 2023 were directed at supporting fair practices, innovation and controlling risks while focusing on financial stability Listen to
RBI’s twin meetings with banks usher in new era of governance, compliance
https://www.business-standard.com/markets/news/mint-road-s-twin-meetings-with-banks-initiative-to-improve-governance-123121800002_1.html Clipped from: https://www.business-standard.com/markets/news/mint-road-s-twin-meetings-with-banks-initiative-to-improve-governance-123121800002_1.html Governance and business models of regulated entities came in for special attention of the central bank this year, reports Raghu Mohan RBI
The good and not so good of Indian banking story
https://www.business-standard.com/opinion/columns/the-good-and-not-so-good-of-indian-banking-story-123121700670_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-good-and-not-so-good-of-indian-banking-story-123121700670_1.html The drop in provisions is a healthy sign – 21 of 32 listed banks have less than 1% net NPAs. But their
RBI rebuts IMF view of excessive bid to prop Re
https://www.financialexpress.com/business/banking-finance-rbi-rebuts-imf-view-of-excessive-bid-to-prop-re-3342793/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
RBI likely to keep rates on hold for entire 2024, says Kaustubh Gupta
https://www.business-standard.com/markets/interviews/rbi-likely-to-keep-rates-on-hold-for-entire-2024-says-kaustubh-gupta-123112600560_1.html Clipped from: https://www.business-standard.com/markets/interviews/rbi-likely-to-keep-rates-on-hold-for-entire-2024-says-kaustubh-gupta-123112600560_1.html We believe US rates have peaked, and the US Federal Reserve can start easing in the second half of 2024. However, the