Page 12 - Latest Updates on Reserve Bank of India
RBI's caution against inflation may halt rally in FMCG stocks: Analysts
FMCG companies: RBI Governor Shaktikanta Das pointed out that core inflation, which excludes food and fuel prices, was on an uptrend in July and August
 "RBI's caution against inflation may halt rally in FMCG stocks: Analysts")
Retail inflation in September likely overshot RBI's 4% target: Poll
Food items, especially vegetables and other perishables, which make up a significant share of overall household spending in the country, saw an uptick in prices
 "Retail inflation in September likely overshot RBI's 4% target: Poll")
Norms for new capital instruments for Urban Cooperative Banks on anvil
Shaktikanta Das stated that to provide more flexibility, avenues for UCBs to raise capital, a discussion paper on capital-raising avenues will be issued for feedback from stakeholders
 "Norms for new capital instruments for Urban Cooperative Banks on anvil")
Spending Boost: Soon, pay up to Rs 1,000 without entering PIN on UPI Lite
The daily transactions on UPI crossed 501 million in September, the highest ever since UPI turned operational
 "Spending Boost: Soon, pay up to Rs 1,000 without entering PIN on UPI Lite")
RBI eases its hawkish stance, index addition to extend market bond rally
Indian bonds handed investors a gain of more than 8 per cent this year, thanks to about $16 billion of foreign inflows
 "RBI eases its hawkish stance, index addition to extend market bond rally")
Growth at any cost approach of some NBFCs poses risks: RBI Governor
Governor Das warns of action for failure to do so; directs them to review compensation practices linked to targets
 "Growth at any cost approach of some NBFCs poses risks: RBI Governor")
RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%
MPC to 'remain unambiguously focused' on a durable alignment of inflation with the target, while supporting growth
 "RBI MPC changes stance to neutral; keeps repo rate unchanged at 6.5%")
MFIN to review compliance of its members with norms on indebtedness
Stock-taking in November to include cap on number of lenders per borrower
 "MFIN to review compliance of its members with norms on indebtedness")
RBI moves closer to interest rate cut after global easing kicks off
Since last rate decision, official data showed economic growth moderated to 6.7 per cent in the April-June quarter, below the RBI's projection of 7.1 per cent, while signs show soft urban consumption
 "RBI moves closer to interest rate cut after global easing kicks off")
RBI draft proposals on aligning businesses may impact private banks
The list include HDFC Bank, Axis Bank, Kotak Mahindra Bank, and Federal Bank
 "RBI draft proposals on aligning businesses may impact private banks")
RBI's Monetary Policy Committee meet: Date, time, members, and agenda
RBI began its fourth Monetary Policy Committee meeting for the ongoing financial year on Monday. Key announcement from the meet will be announced on Oct 9
 "RBI's Monetary Policy Committee meet: Date, time, members, and agenda")
RBI likely to keep rates steady as economic growth slows, global rates ease
High frequency indicators such as the manufacturing PMI slowed to an eight-month low in September, while services PMI eased to a 10-month trough, latest data showed
Bond bulls bet on RBI's dovish turn to extend rally amid policy shift
While interest-rate swaps are pricing a rate cut only in December, traders are girding for a possible shift in the RBI's stance to neutral
 "Bond bulls bet on RBI's dovish turn to extend rally amid policy shift")
Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
 "Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs")
Status-quo on rates likely, say experts ahead of RBI's policy review
Reserve Bank of India (RBI) has kept the repo or short-term lending rate unchanged at 6.5 per cent since February 2023, and experts think some easing could only be possible in December
 "Status-quo on rates likely, say experts ahead of RBI's policy review")
RBI interest rate decision, West Asia conflict to drive markets: Analysts
Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market
 "RBI interest rate decision, West Asia conflict to drive markets: Analysts")
All eyes on govt as RBI Guv Das, Dy Guv Patra's terms near expiry
Govt extends M Rajeshwar Rao's term by one year
 "All eyes on govt as RBI Guv Das, Dy Guv Patra's terms near expiry")
'Out of turn' request: RBI seeks loan disbursement data from P2P companies
Norms tightened after flagging regulatory violations by some lending platforms
 "'Out of turn' request: RBI seeks loan disbursement data from P2P companies")
Private lenders securitise loans worth Rs 21,000 crore in Q2 FY25
The country's largest private lender, HDFC Bank, securitised new car loans worth Rs 9,063 crore through a PTC transaction where mutual funds were key investors
 "Private lenders securitise loans worth Rs 21,000 crore in Q2 FY25")
Self-regulatory organisation for fintechs set to change membership profile
FACE's membership may expand to 180 from 80 as it diversifies and becomes more inclusive
 "Self-regulatory organisation for fintechs set to change membership profile")
