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  • Will continue to support economic recovery by ensuring ample liquidity, says RBI Governor Shaktikanta Das Feb 25, 2021 12:30 PM IST

    Will continue to support economic recovery by ensuring ample liquidity, says RBI Governor Shaktikanta Das

    Central banks used conventional and unconventional measures to combat impact of COVID-19 pandemic, said the RBI Governor

  • Explained: India inches closer to launching a digital currency; 5 key points Feb 24, 2021 06:30 PM IST

    Explained: India inches closer to launching a digital currency; 5 key points

    The RBI has indicated that it is working on a digital currency, but the central bank hasn’t committed on a launch date yet.

  • RBI Governor Shaktikanta Das: ‘Major concerns’ about cryptocurrencies, bitcoin alternative in the works Feb 24, 2021 01:48 PM IST

    RBI Governor Shaktikanta Das: ‘Major concerns’ about cryptocurrencies, bitcoin alternative in the works

    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.

  • Explained | RBI rules on Housing Finance Companies: 10 key questions answered Feb 18, 2021 01:29 PM IST

    Explained | RBI rules on Housing Finance Companies: 10 key questions answered

    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.

  • FM Sitharaman addresses RBI board, explains priorities of govt Feb 16, 2021 04:26 PM IST

    FM Sitharaman addresses RBI board, explains priorities of govt

    At its first meeting after the presentation of the Budget for 2021-22, the central board of directors also reviewed the current economic situation.

  • 'RBI internal panel working on model of central bank's digital currency, decision very soon' Feb 05, 2021 02:13 PM IST

    'RBI internal panel working on model of central bank's digital currency, decision very soon'

    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.

  • RBI extends deadline for meeting last tranche of capital conservation buffer by 6 months Feb 05, 2021 01:14 PM IST

    RBI extends deadline for meeting last tranche of capital conservation buffer by 6 months

    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.

  • NBFCs to get funds under on tap TLTRO scheme for incremental lending: RBI Feb 05, 2021 12:16 PM IST

    NBFCs to get funds under on tap TLTRO scheme for incremental lending: RBI

    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..

  • GDP growth for FY22 seen at 10.5%, says RBI Governor Shaktikanta Das Feb 05, 2021 10:17 AM IST

    GDP growth for FY22 seen at 10.5%, says RBI Governor Shaktikanta Das

    Further, growth is projected in the range of 26.2 percent to 8.3 percent in H1FY22 ​and 6 percent in Q3FY22.

  • RBI MPC keeps rates unchanged, says Governor Shaktikanta Das Feb 05, 2021 10:06 AM IST

    RBI MPC keeps rates unchanged, says Governor Shaktikanta Das

    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.

  • RBI issues circular on risk-based internal audit for UCBs, NBFCs Feb 03, 2021 10:26 AM IST

    RBI issues circular on risk-based internal audit for UCBs, NBFCs

    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

  • RBI Governor headed FSDC sub-committee reviews developments in economy Jan 13, 2021 07:46 PM IST

    RBI Governor headed FSDC sub-committee reviews developments in economy

    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.

  • Analysis | Financial Stability Report: How worrying is RBI’s bad loan projection? Jan 12, 2021 11:38 AM IST

    Analysis | Financial Stability Report: How worrying is RBI’s bad loan projection?

    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

  • Rescue acts, growth measures dominate RBI's platter in 2020; new inflation target awaited in new year Dec 30, 2020 02:55 PM IST

    Rescue acts, growth measures dominate RBI's platter in 2020; new inflation target awaited in new year

    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).

  • RBI Governor Shaktikanta Das ask banks to strengthen lending capacity by raising capital Dec 23, 2020 08:07 PM IST

    RBI Governor Shaktikanta Das ask banks to strengthen lending capacity by raising capital

    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.

  • RBI Board reviews prevailing economic situation Dec 18, 2020 07:23 PM IST

    RBI Board reviews prevailing economic situation

    The Central Board also discussed the draft report on trend and progress of banking in India, 2019-20.

  • Banking Central | Shaktikanta Das’ two years as RBI governor -- eventful, yet quiet Dec 07, 2020 12:50 PM IST

    Banking Central | Shaktikanta Das’ two years as RBI governor -- eventful, yet quiet

    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.

  • Did Shaktikanta Das just distance himself from RBI panel’s recommendation on corporate houses' entry into banking? Dec 04, 2020 02:38 PM IST

    Did Shaktikanta Das just distance himself from RBI panel’s recommendation on corporate houses' entry into banking?

    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

  • RTGS system will soon be available 24x7, says RBI Governor Shaktikanta Das Dec 04, 2020 11:58 AM IST

    RTGS system will soon be available 24x7, says RBI Governor Shaktikanta Das

    This RBI Governor Shaktikanta Das said is being done in “order to expand the adoption of digital payments in a safe and secure manner.”

  • RBI raises contactless card transaction limit to Rs 5,000 Dec 04, 2020 11:33 AM IST

    RBI raises contactless card transaction limit to Rs 5,000

    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.

  • RBI Monetary Policy: Read the full text of RBI Governor Shaktikanta Das' speech Dec 04, 2020 11:21 AM IST

    RBI Monetary Policy: Read the full text of RBI Governor Shaktikanta Das' speech

    Read full text of Reserve Bank of India governor Shaktikanta Das speech here.

  • RBI Monetary Policy: Governor Shaktikanta Das says banks can retain FY20 profit, need not give dividends Dec 04, 2020 11:03 AM IST

    RBI Monetary Policy: Governor Shaktikanta Das says banks can retain FY20 profit, need not give dividends

    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.

  • RBI Monetary Policy: GDP growth projected at -7.5% in FY21, says Governor Shaktikanta Das Dec 04, 2020 10:33 AM IST

    RBI Monetary Policy: GDP growth projected at -7.5% in FY21, says Governor Shaktikanta Das

    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.

  • RBI Monetary Policy Highlights | Banks, NBFCs need to invest in robust IT systems, Governor Shaktikanta Das Dec 04, 2020 08:19 AM IST

    RBI Monetary Policy Highlights | Banks, NBFCs need to invest in robust IT systems, Governor Shaktikanta Das

    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

  • RBI committed to orderly functioning of financial markets, Governor Das Nov 26, 2020 12:27 PM IST

    RBI committed to orderly functioning of financial markets, Governor Das

    The central bank will act to mitigate risks whenever needed, Das has said.

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