Page 4 - Rbi

FinMin, RBI to depose on impact of global crisis on startup ecosystem

This Standing Committee for Finance chaired by BJP MP Jayant Sinha has also called representatives of 'The Indian Private Equity and Venture Capital Association (IVCA)' to discuss the matter on Monday

April 6 policy, a close call

If RBI goes for a hike, it could change the stance from withdrawal of accommodation to neutral, signalling end of cycle. If not, the stance can remain unchanged as tight liquidity will serve purpose

Reserve Bank likely to hike benchmark interest rate by 25 bps on April 6

Under pressure to bring down retail inflation and keep pace with global peers, the Reserve Bank may go in for 25 basis points hike in benchmark interest rate, probably the last in the current monetary tightening cycle that began in May 2022, at the bi-monthly policy to be unveiled on Thursday. The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24. The Reserve Bank of India (RBI) has already increased the repo rate by a total of 250 basis points since May in a bid to contain inflation though it has continued to remain above the central bank's comfort zone of 6 per cent for most of the time. The two key factors which the RBI Governor headed committee will deliberate intensely while firming up the next monetary policy are -- elevated retail inflation and the recent action taken by central banks of ..

RBI decision, global cues to drive mkts in holiday-shortened week: Analysts

RBI's interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said. Besides, the focus will also be on foreign portfolio investors' trading activity, they added. Equity markets will remain closed on Tuesday for 'Mahavir Jayanti' and on Friday on account of 'Good Friday'. "Investment by FIIs, who are turning out to be small net buyers, and DIIs will be monitored. The market will also have an eye on the RBI MPC meeting. The RBI policy outcome is scheduled for April 6," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. From auto sales data, Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in the best-ever performance to date. "This week is also a holiday-shortened one and scheduled events and data would keep participants busy. On the macroeconomic front, S&P global ...

Benchmark G-sec yields close lower at FY23 end vis-a-vis Dec 2022

Shields banks from adverse impact from bond portfolio

Overseas assets of Indians rose in December quarter of 2022-23: RBI data

Trade credits and loans were primary contributors to the rise in India's foreign liabilities, the data stated

RBI likely to follow Fed, keep rates higher for a while, says economist

The RBI's six-member rate-setting panel will meet April 3, 5 and 6 to likely raise the benchmark rate for a seventh successive time

SVB lessons

Inflation management versus public debt management - the RBI's two roles are at odds with each other

Loans disbursed digitally rose 12-fold between 2017-20: RBI panel report

Also as per the findings of the report, there were approximately 1,100 lending apps in the country, between January 1, 2021 and February 28, 2021

Credai urges RBI not to hike repo rates, rise may hit housing sales

Realtors' apex body Credai on Thursday requested the RBI not to increase the repo rate in the upcoming monetary policy as this would raise the borrowing cost of builders and customers, impacting housing sales. With retail inflation remaining above the comfort level of 6 per cent and most global peers, including the US Fed, continuing their hawkish stance, industry experts feel the Reserve Bank of India may go in for a 25 basis points hike in the bi-monthly monetary policy to be announced on April 6. Confederation of Real Estate Developers' Association of India (Credai), having more than 13,000 developers as members, has "urged the RBI to not to increase the repo rate any further, citing the financial challenges faced by developers and the potential impact on housing sales due to the consequential rise in prices and home loan rates". In the last one year, the body said, the repo rate has increased from 4 to 6.5 per cent and another hike would lead to even higher borrowing costs for .

Why does this ex-deputy guv of RBI want India's biggest firms dismantled?

Part of his reasoning was that consumers could not fully benefit from input price declines as Big 5 companies control manufacturing of all major sectors as well as retail trade and telecommunications

Capital adequacy ratio norms enforcement for UCBs advanced to FY23-end

According to UCB executives, the RBI's move may put banks in a difficult position as only a few days are left to refigure the norms' enforcement

Revisiting regulations

Rules should not bypass the principles of natural justice

MPC should raise rates by 25 bps next week: Economists tell RBI

Current dynamics warrant hike, but central bank should keep liquidity stance flexible

RBI likely to hike rates by 25 basis points next week, says economist

RBI has raised the policy rate by 250 bps since May 2022 to 6.5%, making it the most aggressive policy tightening cycle in a decade

Expected loss model: PSBs may seek pause on paying govt dividends

Sitaraman said banks' provisioning cover ratio was close to 75 per cent - the highest in about the last 25 years

Central bank may pause repo rate hike next month, finds SBI Report

RBI is likely to apply the pause button on continuous hikes in repo rates during next week's meeting of its monetary policy committee (MPC), says a report by the SBI research wing

Can't declare a borrower 'fraud' without hearing him first: SC tells RBI

The apex court upheld a judgement passed by the Telangana High Court in December 2020 stating that the principles of "audi alteram partem" must be applied before declaring a party as fraud

Now boarding: Is India on the cusp of a tectonic shift in retail credit?

First-time customers are emerging as a huge catchment area for retail finance, but dangers lurk in the nooks and crannies

RBI may opt for 25 bps interest rate hike in monetary policy meet: Experts

The two key factors which the committee will deliberate intensely while firming up the next monetary policy are elevated retail inflation