Page 65 - Rbi

Frauds in PSBs dip 51% t Rs 40,295 cr, cases not falling fast enough: RBI

Public sector banks reported over 51 per cent dip in the amount involved in frauds to Rs 40,295.25 crore during the financial year ended March 2022, the Reserve Bank of India has said

Majoritarianism will be extremely dangerous for the future of India: Rajan

The former RBI governor said India needs inclusive growth and the country cannot have inclusive growth by treating any segment of the population as second class citizens

Why Digital Rupee is a distraction and India ought to go slow on it

A digital currency is more of a fashionable trend and trends are for social media influencers, not governments

RBI appoints Sitikantha Pattanaik and Rajiv Ranjan as executive directors

Ranjan will also serve as an ex-officio member of the rate-setting panel Monetary Policy Committee (MPC)

RBI opens banks credit for NBFCs to on-lend continuously to priority sector

Bank credit to NBFCs, including HFCs, will be allowed up to an overall limit of 5% of an individual banks total priority sector lending

RBI's gold reserves up over 100 tonnes in the last two years, shows data

As at end-March 2022, the Reserve Bank held 760.42 tonnes of gold, including gold deposits of 11.08 tonnes

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

RBI restricts withdrawals from Maharashtra's Shankarrao cooperative bank

The RBI, in a statement, said the restrictions will remain in force for a period of six months from the close of business on May 13, 2022 and are subject to review

Hike in interest rates by banks may hit housing demand: Realtors

Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

Rupee hits a fresh intra-day low, cuts losses as RBI intervenes

Gold reserves increase by over 100 tonnes in two years

Inflation getting broad-based, RBI set to hike repo by 100 bps: CRISIL

The RBI hiked its key rate by 0.40 per cent in a surprise move last week while keeping an accommodative stance

Forex reserves fall by $28.05 bn in Sep 2021-Mar 2022 period: RBI report

RBI publishes half-yearly reports on management of foreign exchange reserves as part of its efforts towards enhanced transparency and levels of disclosure

RBI imposes Rs 2.97 million penalty on Unimoni Financial Services

A show-cause notice was issued to Unimoni Financial Services. The penalty was imposed after considering the company's response

Steps taken by RBI, govt to cut duration of high inflation: FinMin report

'Evidence on consumption patterns further suggests that inflation in India has a lesser impact on low-income strata than on high-income groups,' the finance ministry's monthly economic review said

India's economic growth to slow if RBI hikes interest rates: Finance Secy

T V Somanathan was reacting to reports of RBI likely raising its inflation projection for the current fiscal year at its June monetary policy meeting

Top headlines: Ultratech's Ambuja bid, Delhivery may hit a valuation hurdle

Here are the top Business Standard headlines on Thursday

RBI may 'kill excess demand' in economy in six-eight months

The RBI increased the limit for keeping specified securities in the HTM portfolio from 22 per cent to 23 per cent

InGovern, others approach Sebi; seek forensic audit of Future Group firms

In its letter, InGovern said many directors and key management personnel have resigned in the past year

Coinbase admits RBI's use of informal pressure prompted halting of trade

The comments by Coinbase's Armstrong bring forth the challenges that the crypto industry is facing

'Informal pressure' from RBI forced us to halt UPI payments: Coinbase CEO

The US-based and Nasdaq-listed crypto exchange had halted payments via unified payments interface mode on its app in India last month