Page 5 - Rbi Policy
RBI likely to moderate rate tightening amid retail inflation, say experts
According to experts, after three consecutive 50 basis point rate hikes, the RBI may decide to reduce the rate increase by 25 to 35 basis points for lending rates
 "RBI likely to moderate rate tightening amid retail inflation, say experts")
Will RBI play spoilsport or cheer the bull party?
Equity markets have started the last month of 2022 at record high levels as renewed buying by FIIs, and hopes of moderation in rate hikes boosted sentiment. What factors will guide this trading week?
 "Will RBI play spoilsport or cheer the bull party?")
Festivals boost credit card spends to record high of Rs 1.29 trillion
On a year-on-year (YoY) basis, spends were up over 25 per cent, despite a high base
 "Festivals boost credit card spends to record high of Rs 1.29 trillion")
RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise
Four of the 10 cities in the index recorded sequential contraction, the others posted expansion
 "RBI's Housing Price index up 4.5% in Q2, Kochi tops chart with 11.5% rise")
Key indicator suggests RBI may go for another 35 bps rate hike before pause
Swap rates decline post fall in US, India inflation
 "Key indicator suggests RBI may go for another 35 bps rate hike before pause")
At the crossroads: How are ARCs to augment their capital to Rs 300 crore?
The asset reconstruction business is in for a big change, but there are doubts if this will lead to better results
 "At the crossroads: How are ARCs to augment their capital to Rs 300 crore?")
Govt raises PSB CEO term to 10 years, seeks younger talent at the top
A candidate can be appointed for 5 years initially, extendable for another five years; this is also applicable for executive directors who are also wholetime directors
 "Govt raises PSB CEO term to 10 years, seeks younger talent at the top")
India considers plan to reduce short-term borrowing as yields surge
The government may avoid incremental borrowing via the bills and only borrow to meet its previous repayment needs in the next quarter
 "India considers plan to reduce short-term borrowing as yields surge")
Game-changing rules for asset reconstruction companies
The new norms succinctly sum up the RBI's view on how some of the ARCs have been run
India's forex reserves down again; fall $1.1 billion to $529.99 billion
The latest decline in the reserves was primarily on account of a fall in the RBI's gold reserves, which fell by $705 million to 37.06 billion
 "India's forex reserves down again; fall $1.1 billion to $529.99 billion")
ESMA logjam: India, EU differences may impact trade between two countries
ESMA has this week said Indian clearing corporations will not be recognised as such in Europe because "no cooperation arrangements" could be signed between it and the Indian regulators
 "ESMA logjam: India, EU differences may impact trade between two countries")
RBI targets selling first batch of green bonds as early as December
Reserve Bank of India, the nation's debt manager, is preparing to sell its first ever batch of sovereign green bonds as early as next month, according to people with knowledge of the matter
 "RBI targets selling first batch of green bonds as early as December")
RBI prods Indian civic bodies to issue municipal bonds for funding
India's local city governments must consider issuing municipal bonds to meet their funding requirements as the demand to ramp-up infrastructure in the Asia's third-largest economy grows
 "RBI prods Indian civic bodies to issue municipal bonds for funding")
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")
Why does the RBI have to write a letter to govt over inflation?
RBI's monetary policy committee held an off-cycle meeting on Thursday, to discuss the unrelenting inflation and give a response to the govt on it. Why's the RBI is writing to the govt over inflation
RBI Meeting: All you need to know about additional monetary policy meet
Under Section 45ZN of the RBI Act, 1934, the central bank is required to write a letter to the Centre if it fails to maintain the inflation target
 "RBI Meeting: All you need to know about additional monetary policy meet")
After Fed hike, experts can't form consensus on expected MPC response
In September review, panel talked about aggressive monetary policy actions and stances across the world
 "After Fed hike, experts can't form consensus on expected MPC response")
RBI has been prudent in its exchange rate management: Deepak Parekh
Currency's depreciation not a reflection of the economy, says HDFC Ltd chairman
 "RBI has been prudent in its exchange rate management: Deepak Parekh")
Pilot for digital rupee for wholesale segment to commence on November 1
Use case to be settlement of secondary market transactions in g-secs; RBI says digital rupee is expected to make inter-bank market more efficient, as settlement will reduce transaction costs
 "Pilot for digital rupee for wholesale segment to commence on November 1")
RBI fines Vakrangee Rs 1.76 cr for violating order on ATM deployment goals
Central bank had first issued show-cause; latest action follows company's response to the notice
