A special panel of FSDC considers changes in AIF regulations
The Financial Stability and Development Council held a meeting on Wednesday as members discussed a wide range of matters that could pose threat to financial stability.
Disconnect between real economy and financial markets only getting worse
The regulator also said that while the active intervention by centra...
Disconnect between financial markets & real economy poses risk to financial sector
To be sure this is not the first time the RBI has flagged ...
RBI Guv ask banks to strengthen lending capacity by raising capital
During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively.
Rupee, bonds joining stocks rally may add to India’s policy woes
Stocks have already attracted the biggest yearly inflows since 2012, adding to the woes for the Reserve Bank of India that has been buying up the deluge of dollars to curb the rupee’s gains.
PSU banks to raise Rs 25,000 crore in next 3 months: DFS Secy
In the last few months,lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about Rs 40,000 crore from the market
India wants a V-shaped recovery at any cost, the pressure now is on Shaktikanta Das
By creating a rupee glut, the central bank has delivered the equivalent of an additional 1.25 percentage points in rate cuts — by stealth. That extends a 2.5-percentage-point reduction since February 2019, with 1.15 points coming after the pandemic hit.
RBI faced with managing an impossible trinity
RBI is faced with a herculean task of managing the impossible trinity of inundation of inflows, managing exchange rates in line with macro fundamentals and the ongoing high inflation
Why Shaktikanta Das can't afford to follow other central banks' Covid playbooks
India’s flexible inflation targeting introduced four years ago ties the central bank’s hands when it comes to interest rates as it is mandated to target the Consumer Price Index at 4 percent in a two percentage band on either side. To make its policy effective, the central bank kept liquidity in deficit. That has now turned to a surplus, estimated at Rs. 8 lakh crores.
RBI did prioritise growth in money policy, but it's not enough: Analysts
Here is how analysts reacted to RBI's monetary policy today.
Socrates, status quo and solutions: What Shaktikanta Das talked of at RBI's last policy review of 2020
Das made some important observations about the current economic situation, before closing his address with a quote from Socrates: "We can be bitter or we can be better. we will strive to be better."
RBI allows RRBs to access LAF, MSF windows
At present, RRBs are not permitted to access the liquidity windows of the RBI as well as the call or notice market.
RBI to review guidelines on credit default swaps
The revised directions are expected to facilitate the development of credit derivatives market and a liquid and vibrant market for corporate bonds, especially for low-rated issuers, he said.
RBI plays down concerns over bank licences to corporates
The governor said that the RBI has not taken any decision on the bank licences so far and the recommendations in this regard are from an Internal Working Group.
RBI Governor Shaktikanta Das tests positive for Covid-19
Das and his deputies have been at the forefront of tackling economic issues for a country ravaged by the pandemic. As per a recent assessment by the governor the Indian economy is at the doorstep of recovery with indicators showing pick-up in activity and Covid cases tapering off the peak.