Page 43 - Latest Updates on Reserve Bank of India
India Inc's capex costs to shoot up as RBI hikes repo rate by 50 bps
The biggest losers would be the rate-sensitive real estate and two-wheeler sectors, which may see demand coming down
 "India Inc's capex costs to shoot up as RBI hikes repo rate by 50 bps")
MPC retains inflation forecast for FY23 but highlights external uncertainty
The projections of inflation for FY23 are based on the assumption of an average crude oil price of $105 per barrel and a normal monsoon
 "MPC retains inflation forecast for FY23 but highlights external uncertainty")
Monetary policy: Negative interest rates are a matter of concern, says RBI
'The monetary policy is an inflation targeting framework while keeping in mind the objective of growth', said Das
 "Monetary policy: Negative interest rates are a matter of concern, says RBI")
RBI: Better to be cautious than concerned
To us, the important emphasis was on external stability, which the RBI has clearly placed a lot of importance on
Sebi constitutes an expert group of FPIs to boost overseas flows
The FPI Advisory Committee (FAC) will be chaired by KV Subramanian, and consists of 14 other members representing foreign banks, stock exchanges depositories and the RBI
 "Sebi constitutes an expert group of FPIs to boost overseas flows")
RBI monetary policy: Bond yields surge on fears of further rate hikes
A rise of one basis point in the 10-year bond yield corresponds to a fall of roughly 7 paise in price
 "RBI monetary policy: Bond yields surge on fears of further rate hikes")
HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing
This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a HFC or private NBFC in India
 "HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing")
Unity Small Finance Bank appoints Inderjit Camotra as MD and CEO
Unity Small Finance Bank is a new age, digital first bank which was recently elevated to a 'Scheduled Bank' and was included in the Second Schedule of the RBI Act.
 "Unity Small Finance Bank appoints Inderjit Camotra as MD and CEO")
LIVE: More than 60 Congress MPs released after 6 hours of detention
Latest news Live updates: Former Congress chief Rahul Gandhi, Priyanka Gandhi Vadra, K C Venugopal, Adhir Ranjan Chowdhury and Gaurav Gogoi were among the MPs detained
 "LIVE: More than 60 Congress MPs released after 6 hours of detention")
BBPS inward payments to deepen cross-border payment ecosystem in India
Bharat Bill Payment System (BBPS), under the aegis of the RBI, allows recurring utility bill payments through an integrated platform
 "BBPS inward payments to deepen cross-border payment ecosystem in India")
Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts
The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent
 "Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts")
Sensex gains 89 pts, Nifty holds 17,350 as RBI hikes repo rate by 50 bps
CLOSING BELL: While an in-line repo rate hike of 50 basis points gave ammunition to the bulls, bears tried to drag the indices as inflation projections were maintained for fiscal 2022-23 (FY23)
 "Sensex gains 89 pts, Nifty holds 17,350 as RBI hikes repo rate by 50 bps")
NRIs can soon pay utility bills using Bharat Bill Payment System
Non-Resident Indians will soon be able to use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, the Reserve Bank said on Friday.
 "NRIs can soon pay utility bills using Bharat Bill Payment System")
RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history
RBI surges repo rate by 50 bps to 5.4%; 10-year-old bond yields up by 10 bps to 7.25%. Here are all the key points and changes in RBI MPC in August 2022 you need to know
 "RBI Monetary Policy 2022: RBI MPC, Key points, changes, Repo Rate history")
MPC rate hikes likely to continue till CPI inflation recedes below 6%
Another rate hike predicted for September 2022, even if the quantum is as small as 10 bps
 "MPC rate hikes likely to continue till CPI inflation recedes below 6%")
MPC hikes repo rate by 50 bps to 5.40%; Covid-era cuts reversed entirely
Committee retains FY23 CPI forecast at 6.7%, flags uncertainty on inflation trajectory
 "MPC hikes repo rate by 50 bps to 5.40%; Covid-era cuts reversed entirely")
Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%
Nifty Bank, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank and Nifty Realty indices gained up to 1%
 "Rate sensitive shares trade firm as RBI hikes repo rate by 50 bps to 5.4%")
India at 75: Judiciary has become near-perfect example of Russell's paradox
The question "who judges the judiciary" is fundamental since it appoints its own members via the Collegium system introduced in the early 1990s
Call grows among market participants for shift in RBI's stance to neutral
Drop in bond yields reflects hope of smaller hikes
Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more
Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines
 "Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more")
