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Feb 25, 2021 12:30 PM IST Central banks used conventional and unconventional measures to combat impact of COVID-19 pandemic, said the RBI Governor
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Feb 24, 2021 06:30 PM IST The RBI has indicated that it is working on a digital currency, but the central bank hasn’t committed on a launch date yet.
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Feb 24, 2021 01:48 PM IST The central bank will not put the breaks on liquidity and it has several "known and unknown" tools to ensure ample liquidity is available, said RBI governor Shaktikanta Das.
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Feb 18, 2021 01:29 PM IST The RBI has issued a master circular to bring into effect comprehensive rules announced last October to bring HFCs under closer scrutiny. The rules aim to safeguard the interest of investors and depositors.
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Feb 16, 2021 04:26 PM IST At its first meeting after the presentation of the Budget for 2021-22, the central board of directors also reviewed the current economic situation.
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Feb 05, 2021 02:13 PM IST It can be noted that the RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns. The government last week moved to ban private cryptocurrencies.
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Feb 05, 2021 01:14 PM IST The capital conservation buffer ensures that banks have an additional layer of usable capital that can be drawn down when losses are incurred. As per Basel standards, the CCB was to be implemented in tranches of 0.625 percent and the transition to full CCB of 2.5 percent was set to be completed by March 31, 2019.
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Feb 05, 2021 12:16 PM IST Mumbai, Feb 5 The Reserve Bank of India (RBI) on Friday proposed to provide funds to non-banking finance companies (NBFCs) from banks under on tap T..
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Feb 05, 2021 10:17 AM IST Further, growth is projected in the range of 26.2 percent to 8.3 percent in H1FY22 and 6 percent in Q3FY22.
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Feb 05, 2021 10:06 AM IST The key lending rate of the RBI, or the repo rate, was left undisturbed at 4 percent while the reverse repo rate, or the key borrowing rate, was retained at 4 percent.
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Feb 03, 2021 10:26 AM IST The circular is applicable to NBFCs with asset size of Rs 5,000 crore and all Primary Urban Cooperative Banks (UCBs) with asset size of Rs 500 crore and above
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Jan 13, 2021 07:46 PM IST The Sub-Committee also discussed scope for improvements in insolvency resolution under IBC, utilisation of data with the Central KYC Records Registry and changes in the regulatory framework relating to Alternative Investment Funds (AIFs) set up in the International Financial Services Centre (IFSC), among others.
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Jan 12, 2021 11:38 AM IST RBI’s warning on spike in Gross NPAs to 14.8 percent of total loans is a worst-case scenario. That may not necessarily happen if the economy picks up
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Dec 30, 2020 02:55 PM IST Within three weeks of launching the rescue act, the RBI's rate setting panel's meeting got advanced to deliver a deep cut of 0.70 percent in key rates, a reduction in cash reserve ratio by 1 percentage point, and an announcement of a three-month repayment moratorium on loan repayments and an assured liquidity support through the Targeted Long Term Repo Operations (TLTROs).
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Dec 23, 2020 08:07 PM IST During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively.
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Dec 18, 2020 07:23 PM IST The Central Board also discussed the draft report on trend and progress of banking in India, 2019-20.
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Dec 07, 2020 12:50 PM IST There have been questions on RBI’s ability to monitor systemically important financial institutions. At least five financial institutions have collapsed under RBI’s watch in last three years. Some are rescued and still waiting for a savior.
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Dec 04, 2020 02:38 PM IST The Reserve Bank of India Governor Shaktikanta Dad said the internal working group's propsal that large corporate houses should be allowed to promote banka is not the RBI's official view
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Dec 04, 2020 11:58 AM IST This RBI Governor Shaktikanta Das said is being done in “order to expand the adoption of digital payments in a safe and secure manner.”
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Dec 04, 2020 11:33 AM IST The increase in transaction limit will help expand adoption of digital payments, Governor Shaktikanta Das said in his address after announcing RBI Monetary Policy Committee's decision to keep repo rate unchanged at 4 percent.
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Dec 04, 2020 11:21 AM IST Read full text of Reserve Bank of India governor Shaktikanta Das speech here.
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Dec 04, 2020 11:03 AM IST The Reserve Bank of India (RBI)'s move to allow banks to retain profit made during FY20 is seen as an attempt to help lenders conserve cash in view of economic challenges posed by the COVID-19 pandemic.
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Dec 04, 2020 10:33 AM IST RBI Monetary Policy: Reserve Bank of India Governor Shaktikanta Das said that there were nascent signs of economic recovery seen in second half of FY21.
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Dec 04, 2020 08:19 AM IST RBI Policy LIVE Updates: Reserve Bank of India's Monetary Policy Committee (MPC) has kept repo rate unchanged at 4%, reverse repo maintained at 3.35% and also maintained "Accomodative" stance
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Nov 26, 2020 12:27 PM IST The central bank will act to mitigate risks whenever needed, Das has said.