Page 61 - Latest Updates on Reserve Bank of India
Don't expect CRR hike in next RBI policy review, says SBI chairman
Loan growth could be better than in previous fiscal
 "Don't expect CRR hike in next RBI policy review, says SBI chairman")
How RBI missed the inflation surge
The RBI did most of the heavy-lifting in the initial phase of the pandemic but was slow in unwinding the policy accommodation as economic reality changed
Housing price index records slower annual growth in Q4, says RBI
The y-o-y movements in HPI varied widely across the cities - ranging from a growth of 19.2 per cent (Kolkata) to a contraction of 11.3 per cent (Bengaluru), Reserve Bank of India said in a statement
 "Housing price index records slower annual growth in Q4, says RBI")
Credit offtake remains robust in April across sectors, shows RBI data
Loans to medium-sized industries gerew 53.5% this April as compared with 44.8% a year ago
 "Credit offtake remains robust in April across sectors, shows RBI data")
From balancing growth to inflation, WEF focused on challenges for economies
In the wake of the geopolitical crisis and rising prices, India's recovery remains dodgy
 "From balancing growth to inflation, WEF focused on challenges for economies")
Power sector crisis could become a drag on India's economic growth
Power shortage is the last thing Indian businesses, recovering from the pandemic-induced disruption, need
 "Power sector crisis could become a drag on India's economic growth")
Remitting money? Use lock-in facility to get best forex rate, say experts
Take into account transaction fee, conversion fee, and exchange-rate mark-up when comparing players' costs
 "Remitting money? Use lock-in facility to get best forex rate, say experts")
Monetary policy will be calibrated to rein in inflation: RBI annual report
Surplus to government fell due to large transfer to Contingency Fund
 "Monetary policy will be calibrated to rein in inflation: RBI annual report")
State finances improve, gross fiscal deficit declines 31.5%: RBI report
In addition to the regular instalment of tax devolution, the Centre released two advance instalments of in November 2021 and January 2022.
 "State finances improve, gross fiscal deficit declines 31.5%: RBI report")
Rs 2,000 currency notes continue to fall in circulation: RBI annual report
Circulation of Rs 500 notes has risen consistently and is now 73.3% in terms of the total value
 "Rs 2,000 currency notes continue to fall in circulation: RBI annual report")
Reserve Bank balance sheet grew by 8.46 per cent in FY22: Annual report
The year ended with an overall surplus of Rs 30,307.45 crore as against Rs 99,122 crore in the previous year, the RBI annual report showed
 "Reserve Bank balance sheet grew by 8.46 per cent in FY22: Annual report")
Growth of shadow banks poses threat to financial stability: RBI report
Balance sheet expanded but asset quality deteriorated, says RBI report
 "Growth of shadow banks poses threat to financial stability: RBI report")
Focus on emerging risks in fintech space, says RBI annual report
"The central bank, while encouraging innovation, is also factoring in emerging risks in the fintech segment. Greater use of technology accentuates the concerns related to cyber security,"
 "Focus on emerging risks in fintech space, says RBI annual report")
RBI annual report: FY22 saw more bank frauds but value decreased by half
RBI annual report: Private banks contribute more to the number of bank frauds while public sector banks contribute more to the value.
 "RBI annual report: FY22 saw more bank frauds but value decreased by half")
High WPI may put pressure on retail inflation, says RBI in annual report
The Reserve Bank said in its annual report said there is a risk of high wholesale price inflation (WPI) putting pressure on the retail inflation, albeit with a lag
 "High WPI may put pressure on retail inflation, says RBI in annual report")
Structural reforms essential for sustained, balanced, inclusive growth: RBI
RBI stressed that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending
 "Structural reforms essential for sustained, balanced, inclusive growth: RBI")
Top Headlines: Standards for shared economy, dilemma over bank licences
India will soon come up with standards for shared-economy services players owing to the rising number of complaints from consumers
 "Top Headlines: Standards for shared economy, dilemma over bank licences")
RBI likely to introduce a comprehensive IT outsourcing framework
Move could be in sync with new privacy Bill
Dilemma over bank licences: NBFCs struggle to make the cut for RBI's rules
The RBI has also tightened guidelines, narrowing the regulatory arbitrage that existed between NBFCs and banks
 "Dilemma over bank licences: NBFCs struggle to make the cut for RBI's rules")
GST: Cooler heads for constructive ends
To be sure, the cooperative spirit has gone missing since about 2018, reflecting the heavy-handedness of the Centre, not just on the GST but across a range of issues
 "GST: Cooler heads for constructive ends")
