Page 21 - Latest Updates on Reserve Bank of India
Municipal corps should explore land-based models to raise funds: RBI
In a first ever comprehensive analysis of Municipal finances, it said MCs need to adopt sound and transparent accounting practices with proper monitoring
 "Municipal corps should explore land-based models to raise funds: RBI")
'Not possible to do away with repossession agents': Mahindra Finance MD
'Specialised people' needed to ensure loan defaulters don't cheat company, says Ramesh Iyer in interview
 "'Not possible to do away with repossession agents': Mahindra Finance MD")
CBDC bond trades surge; volumes jump double-fold in second week
Bulk of CBDC wholesale pilot trading concentrated in liquid 5-yr, 10-yr bonds
 "CBDC bond trades surge; volumes jump double-fold in second week")
Dhanlaxmi appoints 3 new directors in board, paves the way for rights issue
The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board
 "Dhanlaxmi appoints 3 new directors in board, paves the way for rights issue")
Centre allows export incentives for those settling trade in rupee
DGFT makes key amendments to foreign trade policy
 "Centre allows export incentives for those settling trade in rupee")
Going forward, IOB will be posting very good results: MD & CEO Sengupta
'It has been in the range of 20-30 per cent in almost every quarter'
 "Going forward, IOB will be posting very good results: MD & CEO Sengupta")
The opaque world of climate reporting
Investors, lenders, and stakeholders need a basis to accurately assess the impact of climate change on company operations. Sebi's climate change-reporting framework is well-intended but not adequate
Managing growth expectations
In a highly uncertain global economic environment, realistic growth projections would reduce risks
 "Managing growth expectations")
Top headlines: ESMA-RBI tussle, India's services exports, Paytm Q2 results
Business Standard brings you the top headlines this hour
 "Top headlines: ESMA-RBI tussle, India's services exports, Paytm Q2 results")
Customer protection the core of new RBI microfinance rules: Dy governor Rao
These measures, along with a cap on repayment obligations and steps to check over-indebtedness introduced by the regulator, will eventually bring down interest rates for the borrowers, he says
India in a sweet spot despite global fears of recession: IDFC AMC CEO
'Conditions are ripe for a private capital expenditure cycle over the next few years'
 "India in a sweet spot despite global fears of recession: IDFC AMC CEO")
How two RBI circulars could impact fundraising in fintech space going ahead
Fintechs have to read the regulator better even as the sector improves the quality of data on offer
 "How two RBI circulars could impact fundraising in fintech space going ahead")
India's foreign exchange reserves jump $6.5 billion to $531 billion
The increase in reserves is mainly due to a rise in foreign currency assets that went up by $5.7 billion during the week
 "India's foreign exchange reserves jump $6.5 billion to $531 billion")
ESMA logjam: EU regulator's move may disrupt bond, derivatives markets
RBI stand on Clearing Corp audit rights behind decision
 "ESMA logjam: EU regulator's move may disrupt bond, derivatives markets")
ESMA-Indian regulators logjam: European banks' loss may aid US peers
Foreign investors may switch to custodians backed by American banks for India exposure
 "ESMA-Indian regulators logjam: European banks' loss may aid US peers")
RBI's gold reserves rise further, up nearly 25 tonnes so far this year
The reserves had increased by 100 tonnes in the last two years; currently stand at 785.35 tonnes
 "RBI's gold reserves rise further, up nearly 25 tonnes so far this year")
Govt-owned NaBFID plans to increase headcount to 150 by end of FY24
MD Rai says it will venture into rating banks and instruments by December
 "Govt-owned NaBFID plans to increase headcount to 150 by end of FY24")
LIVE: As AQI worsens, commercial diesel vehicles banned from Delhi roads
Catch all the live updates from across the globe here
 "LIVE: As AQI worsens, commercial diesel vehicles banned from Delhi roads")
RBI's MPC meets to draft letter to govt on missing inflation target
The meeting was chaired by RBI Governor Shaktikanta Das and attended by all the other five members of the rate setting panel
 "RBI's MPC meets to draft letter to govt on missing inflation target")
Rate setting panel meets to draft report on missing inflation target: RBI
It was the first time since the monetary policy framework came into effect in 2016 that RBI had to give an explanation to the government
 "Rate setting panel meets to draft report on missing inflation target: RBI")
