Page 7 - Latest Updates on Reserve Bank of India
Analysts expect RBI to hike repo rate 25 bps again in April policy
Analysts are of the view that after delivering the seventh hawkish policy on Wednesday the central bank may pause after delivering a likely 25 basis points increase in the April review
 "Analysts expect RBI to hike repo rate 25 bps again in April policy")
RBI rate hike on expected lines; policy focuses inflation: Bankers
The Reserve Bank's decision to hike repo rate by 25 basis points was on expected lines but the policy focuses more on inflation despite the recent moderation in the number, bankers said on Wednesday
 "RBI rate hike on expected lines; policy focuses inflation: Bankers")
Moderation of pace of rate hikes gives RBI room to assess impact: Das
Central bank management speaks to the media about inflation, economy and government borrowing
 "Moderation of pace of rate hikes gives RBI room to assess impact: Das")
Digital currency has 50,000 users, 5,000 merchants: RBI Deputy Governor
The recently launched retail central bank digital currency (CBDC) pilot has 50,000 users and 5,000 merchants, the RBI said on Wednesday
 "Digital currency has 50,000 users, 5,000 merchants: RBI Deputy Governor")
No proposal to increase overseas investment limits for MFs: RBI Governor
There is no proposal to increase the overseas investment limits for domestic mutual funds at the moment, Reserve Bank Governor Shaktikanta Das said on Wednesday.
 "No proposal to increase overseas investment limits for MFs: RBI Governor")
Rupee appreciates 19 paise to end at 82.51 against US dollar
The rupee appreciated 19 paise to close at 82.51 (provisional) against the US dollar on Wednesday after the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points
 "Rupee appreciates 19 paise to end at 82.51 against US dollar")
Ahead of ban order, RBI gave a list of apps working with NBFCs to govt
The Reserve Bank of India gave a list of apps, which were working with non-bank lenders registered with the central bank, to the government ahead of the ban imposed on some apps
RBI to launch pilot project for QR-based coin vending machines in 12 cities
These vending machines will dispense coins against a debit to the customer's account. The process will use Unified Payments Interface (UPI) instead of physical tendering of notes
 "RBI to launch pilot project for QR-based coin vending machines in 12 cities")
Indian banking won't be affected by individual case: Shaktikanta Das
Loans are not given considering a company's market capitalisation, he says about Adani Group crisis
 "Indian banking won't be affected by individual case: Shaktikanta Das")
RBI MPC increases repo rate by 25 bps, pegs FY24 inflation at 5.3%
Need to see decisive decline in inflation, core inflation still sticky, says RBI governor
RBI MPC: When and where to watch policy announcement by Shaktikanta Das
RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'
SBI economists expect RBI to hit pause button on interest rate hike
Economists at SBI said they expect RBI to hit the pause button on interest rate hike at its upcoming monetary policy review this week
 "SBI economists expect RBI to hit pause button on interest rate hike")
Top 10 borrowers owe Rs 12,71,604 cr to Scheduled Commercial Banks: CRILC
Also, as per the RBI guidelines, banks are required to have a clear policy regarding the Debt-Equity Ratio for project financing to ensure that promoters bring in equity funds proportionate to
 "Top 10 borrowers owe Rs 12,71,604 cr to Scheduled Commercial Banks: CRILC")
Banking sector remains resilient amid Adani Group's stock rout, says RBI
'Central bank maintains constant vigil on sector, individual banks'
 "Banking sector remains resilient amid Adani Group's stock rout, says RBI")
RBI asks banks to share information on exposure to Adani Group companies
SBI's exposure to the group is Rs 21K cr
 "RBI asks banks to share information on exposure to Adani Group companies")
Projects worth Rs 19,000 cr to get grants under Sovereign Green Fund
Centre looks to raise Rs 16,000 cr this fiscal via green bonds. The Budget, however, does not say whether or not bond issuance will be the sole contributor to the fund
 "Projects worth Rs 19,000 cr to get grants under Sovereign Green Fund")
RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL
The Advisory Committee shall advise the Administrator in the operations of SIFL and SEFL during the corporate insolvency resolution process
Reserve Bank partially relaxes restrictions on SBM Bank up to March 15
Last week, the central bank had asked SBM to stop all transactions under the liberalised remittance scheme (LRS) until further notice
FY24 borrowings seen at new high, but insurers, softer RBI to help bonds
Sovereign yield curve seen steeper; short-term bonds may gain on likely RBI pivot
 "FY24 borrowings seen at new high, but insurers, softer RBI to help bonds")
Reserve Bank of India to conduct auction of 10-year govt bond on Friday
The government will sell a notified amount of Rs 28,000 crore worth of three securities on Friday