Reserve Bank of India (RBI)
RBI dividend cap proposal for NBFCs: Kotak report gives key insights
Thu, Dec 10, 2020
LIC Housing Finance (due to low CAR), Mahindra and Mahindra Financial Services (high net NPLs) and Shriram Transport Finance (high net NPLs) will not be eligible for dividend payouts, if the norms apply to the previous year. Kotak awaits the final set of guidelines and implementation timelines on the same.
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RBI credit policy: What Governor did not mention, or referred to just in passing | HDFC Securities view
Fri, Dec 04, 2020
The Committee's assurance to continue with the accommodative stance of monetary policy as long as necessary, for the current and next year is welcome. The MPC feels that inflation is likely to remain elevated, with some relief in the winter months from prices of perishables and bumper kharif arrivals and has raised inflation projections for H2 FY21 and H1 FY22. The fact that as per the RBI, CPI may not fall materially even in H1 FY22 is a bit worrying.
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RBI Monetary Policy Review: Quick thoughts ahead of announcement by Nomura India
Fri, Dec 04, 2020
Nomura expects the RBI to leave both the repo and the reverse repo rates unchanged, in line with consensus, while maintaining its “accommodative stance”. Inflation has remained above the RBI’s upper tolerance level, reflecting supply-side factors such as unseasonal rains adding to broad-based food price pressures, with higher commodity prices and tax hikes also lifting core inflation. With GDP growth on a fast normalisation path after the Q2 plunge, the Monetary Policy Committee (MPC) is likely to vote unanimously to remain in a wait and watch mode.
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HDFC Bank failed transactions: After internet banking, mobile banking problems, RBI orders lender to stop digital launches, new credit cards
Thu, Dec 03, 2020
The Bank over the last two years has taken several measures to fortify its IT systems and will continue to work swiftly to close out the balance and would continue to engage with the Regulator in this regard. HDFC Bank has said that it always endeavoured to provide seamless digital banking services to its customers and that the bank has been taking conscious, concrete steps to remedy the recent outages on its digital banking channels and assures its customers that it expects the current supervisory actions will have no impact on its existing credit cards, digital banking channels and existing operations.
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RBI Monetary Policy Report: REVEALED - From government measures to faster resolution of stressed assets, what all will boost growth
Sat, Oct 12, 2019
Government measures to boost growth along with faster resolution of stressed assets, and further transmission of past monetary policy easing are expected to accelerate the country's economic growth the coming quarters, the Reserve Bank of India said.
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Andhra Pradesh, Telangana best states to do business in India: Where UP, West Bengal, Delhi, Maharastra stand? Check full list
Sun, Mar 10, 2019
Andhra Pradesh is the number one state in terms of 'Ease of Doing Business' in India, shows a recent RBI document. Arunachal Pradesh, Meghalaya and Lakshadweep share the bottom spots on the list.
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RBI retains GDP projection for current fiscal at 7.4 pc; pegs April-Sept FY'20 growth at 7.5 pc
Thu, Dec 06, 2018
The Reserve Bank Wednesday retained its GDP forecast for the current fiscal at 7.4 per cent and said growth will accelerate further to 7.5 per cent in first half of 2019-20, driven by acceleration in investment activity.
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No relief! RBI fails to cut repo rate! This is how experts reacted
Wed, Dec 05, 2018
Reserve Bank of India kept interest rates unchanged at a policy meeting on Wednesday to offer support for an economy that has lost some momentum, in a decision that was widely expected as inflation has eased significantly.
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Ahead of RBI policy announcement, Sensex falls over 200 pts, Nifty slips under 10,800
Wed, Dec 05, 2018
Ahead of RBI key rate announcement following the review meet, BSE benchmark Sensex dropped over 200 points in early trade Wednesday. This follows heavy selloff in global equities after concerns over US-China trade war resurfaced.
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