Page 4 - Latest Updates on Reserve Bank of India
A good night's sleep for both banks and Reserve Bank
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the "distance to default" as a measure of a particular bank's fragility
Bank of Maharashtra cuts home loan rate to 8.4% from existing 8.6%
State-owned Bank of Maharashtra (BoM) on Sunday announced a reduction in the interest rate on home loans to 8.4 per cent from the existing 8.6 per cent.
 "Bank of Maharashtra cuts home loan rate to 8.4% from existing 8.6%")
Self-regulation useful tool for setting rules for fintechs: RBI's M K Jain
The central bank's deputy governor says RBI has endeavoured to find a middle ground trying to balance between the innovation brought by fintechs and the unique risk they introduce
 "Self-regulation useful tool for setting rules for fintechs: RBI's M K Jain")
RBI repo undersubscribed but banks brace for volatile month-end liquidity
Central bank expected to conduct more variable rate repos towards end of financial year
 "RBI repo undersubscribed but banks brace for volatile month-end liquidity")
India's inflation seen easing slightly in Feb, still above RBI target: Poll
Rises in food prices, which account for nearly half of the Consumer Price Index (CPI) basket, likely moderated last month
 "India's inflation seen easing slightly in Feb, still above RBI target: Poll")
Worrisome to see no transparency in forex fees for small players: RBI's Rao
Foreign Exchange Dealers' Association should take lead in safeguarding customers against fraud platforms: Deputy Governor
 "Worrisome to see no transparency in forex fees for small players: RBI's Rao")
RBI to hold 14-day variable rate repo auction for Rs 1 trillion on Friday
The sharp squeeze in liquidity has pushed up money market rates, with the 364-day treasury bills selling at yields above the 10-year paper's on Wednesday
 "RBI to hold 14-day variable rate repo auction for Rs 1 trillion on Friday")
Treasury yield curve inverts: What it means and what does it signal?
Yield curve inversion suggests that the market is becoming more pessimistic about the economic prospects for the near future
 "Treasury yield curve inverts: What it means and what does it signal?")
India must prepare to curb volatility risks of int'l rupee: RBI deputy gov
An international currency is one that is freely available to non-residents, essentially to settle cross-border transactions, and in the case of the rupee, this will be achieved by promoting it An inte
 "India must prepare to curb volatility risks of int'l rupee: RBI deputy gov")
RBI possibly buying dollars in spot, paying forwards via PSBs: Traders
The Reserve Bank of India (RBI) was possibly buying dollars in spot and paying in forwards via public sector banks on Thursday to mop up foreign currency inflows, three traders told Reuters
 "RBI possibly buying dollars in spot, paying forwards via PSBs: Traders")
Is it time to move away from equities and focus on debt? What analysts say
US Fed chair Jerome Powell has reiterated that the Federal Open Market Committee (FOMC) is likely to raise rates further than previously anticipated
 "Is it time to move away from equities and focus on debt? What analysts say")
YES Bank share price flat as SBI's three-year lock-in period ends this week
YES Bank's stock is surrounded by a lot of speculations that the SBI may book at least partial profit and it may lead to more pressure on the stock
 "YES Bank share price flat as SBI's three-year lock-in period ends this week")
RBI launches mission to make every citizen a user of digital payment
As many as 58% of some 90,000 respondents in an RBI survey said they were not using digital payments; a large chunk, in fact, was not even aware of them
Bond traders request RBI to shift to multiple price auctions of govt debt
In a uniform price auction, traders are wary of bidding at price levels that are way off the prevailing price of a bond in the secondary market
 "Bond traders request RBI to shift to multiple price auctions of govt debt")
Inspection & supervision: RBI dons new clothes
The Reserve Bank has not changed the objectives of supervision but how it supervises the system. And, the change is dramatic
RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms
The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance
SC issues notice to Axis on a batch of RBI appeals to write off AT-1 bonds
The Supreme Court on Friday issued notices to Axis Trustee Services Ltd on a batch of appeals filed by the Reserve Bank of India (RBI)
 "SC issues notice to Axis on a batch of RBI appeals to write off AT-1 bonds")
RBI seeks details of NBFCs' total credit to Adani Group of companies
Move the first after the introduction of scale-based supervision for NBFCs on October 1, 2022
 "RBI seeks details of NBFCs' total credit to Adani Group of companies")
Bill Gates visits RBI office in Mumbai, holds talks with Shaktikanta Das
Microsoft co-founder Bill Gates on Tuesday visited the Reserve Bank of India (RBI) office in Mumbai, where he held wide-ranging discussions with Governor Shaktikanta Das.
 "Bill Gates visits RBI office in Mumbai, holds talks with Shaktikanta Das")
Bank capital needs may rise 15-20% based on draft RBI market risk norms
On February 17, the RBI released draft guidelines on minimum capital requirements for market risk based on Basel III standards