Page 61 - Rbi

Sensex slips 215pts amid volatility post repo rate hike; ITC, RIL weigh

The RBI today raised the repo rate to 4.9 per cent, up from 4.4 per cent. The Central Bank also raised consumer price (CPI) or retail inflation forecast for FY23 to 6.7 per cent from 5.7 per cent.

RBI strikes good balance between inflation and growth: Experts on rate hike

All the measures, including banking tweaks, to promote affordable housing seem to be unorthodox and practical, with the RBI playing its central bank role almost perfectly, says Finology Ventures CEO

Further cut in state VAT on fuels can soften inflationary pressure: RBI Guv

Das said in his remarks while spelling out the outcome of the ongoing monetary policy review meeting that started on Monday.

Ahead of policy decision, RBI steps in to save rupee from hitting a new low

Currency trades in a narrow zone; ends the day at 77.71 against dollar

Bank credit grows by 11.04% to Rs 120 trn; deposits by 9.27%: RBI data

In the previous fortnight ended May 6, bank credit grew by 10.82 per cent and deposits at 9.71 per cent

RBI Monetary Policy meet: Here's what transpired in the last 8 meetings

The Central bank's MPC meet comes in the backdrop of high inflationary concerns and evolving geo-political scenarios, including Russia's invasion of Ukraine

Yields on state govt bonds harden ahead of RBI policy announcement

Bond dealers said the hike in yields on state government paper was in line with the increase across the board - treasury bills, Government of India (GoI) bonds, and corporate paper

Markets jittery ahead of RBI's policy decision; Sensex falls 568 points

Foreign portfolio investors (FPIs) sold shares worth Rs 2,294 crore, while domestic investors provided buying support to the tune of Rs 1,311 crore

RBI issues standard assets provisioning norms for upper-layer NBFCs

In a circular on Monday, the central bank specified rates of provision for outstanding loans extended by 'NBFC-Upper Layer'

RBI lists rules for provisioning by NBFCs on advances to hsg, realty, SME

Rules apply to 'upper layer' of finance firms specifically identified by the central bank for enhanced regulatory requirements.

No plan to replace Mahatma Gandhi on Indian currency notes, clarifies RBI

There were reports that the RBI might be considering using the images of Rabindranath Tagore and A P J Abdul Kalam on new-series currency notes

10-year G-Sec touches 7.5% ahead of RBI's monetary policy review

The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers

Markets remain subdued for second day; RIL, Asian Paints top drags

In contrast, Tata Steel, IndusInd Bank, M&M, ITC, Kotak Mahindra Bank, Infosys and ICICI Bank were among the gainers, rising up to 0.99 per cent

Sensex slips 94 pts, Nifty holds 16,550; Oil India soars 11%, LIC falls 3%

CLOSING BELL: nfosys, ICICI Bank, Kotak Bank, ITC, and Tata Steel were the large-caps that helped the 30-pack index bounce back from lows

After the rate hike

Policy will depend on RBI's inflation projection

Reserve Bank of India penalises Punjab & Sind Bank over non-compliance

The Reserve Bank on Friday said it has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on 'external benchmark-based lending'. A statutory examination of Punjab & Sind Bank revealed non-compliance with the directions, inter-alia, to the extent the bank linked certain floating rate retail loans and floating rate loans to micro and small enterprises, extended by it after October 1, 2019, to MCLR instead of an external benchmark, RBI said. A show cause notice was issued to the bank. "After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions made by it, RBI came to the conclusion that the charge of non-compliance ... was substantiated and warranted imposition of monetary penalty...," RBI said. The Reserve Bank of India (RBI), however, added that the penalty is based on the deficiencies in regulatory compliance and is not intended to ...

India's retail inflation may be at 5.7-6.9% in FY23, say economists

This is after duty cuts on fuel; 25-50 bps repo rate hike likely in the MPC meet next week

Forex reserves up by $3.8 bn to $601.3bn as Foreign Currency Assets rise

The country's foreign exchange reserves increased by $3.854 billion to $601.363 billion in the week ended May 27, according to RBI data.

Markets await repo rate hike, liquidity measures by RBI

Retail inflation is highest in the last eight years. Markets expect the RBI to continue on its rate hike path till the inflation beast is tamed. So, what all is priced in and what is not?

TMSEp186: Auto sector, startup CEO salary, markets, Dutch chip-maker

Is the auto industry on the fast lane? Why are startup CEOs getting salary jump before IPOs? What have the markets priced in before rate hike? Why is a Dutch firm key to all chip-makers? Answers here