Page 29 - Latest Updates on Reserve Bank of India
Consumer price inflation likely slipped in April, food inflation sticky
V Anantha Nageswaran, the government's chief economic adviser, said on Wednesday the Indian economy was better placed than before to pursue 'non-inflationary' growth
 "Consumer price inflation likely slipped in April, food inflation sticky")
FinMin to discuss RBI's draft project financing norms with banks, IBA
The official said banks will assess the impact of the draft rules on their balance sheets and can approach the RBI based on their assessment
 "FinMin to discuss RBI's draft project financing norms with banks, IBA")
RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan
NBFCs are required to maintain a Loan-to-Value (LTV) ratio not exceeding 75 per cent for loans granted against the collateral of gold jewellery
 "RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan")
RBI governor discusses ways to scale up UPI ecosystem with stakeholders
The meeting was attended by banks, the National Payments Corporation of India (NPCI), third-party application providers, and technology service providers
 "RBI governor discusses ways to scale up UPI ecosystem with stakeholders")
Leading refiner, that brings in up to 20% gold, starts trading on India INX
This suggests that India INX, set up at GIFT City (Gujarat International Finance Tec-City), is becoming the main place for Indian jewellers and gold importers to hedge against the risk in gold prices
 "Leading refiner, that brings in up to 20% gold, starts trading on India INX")
Need to reform, reinvent civil services: Former RBI Governor D Subbarao
'I firmly believe that a country of our size and diversity still needs a generalist service like the IAS but the service needs to be reformed, and even reinvented, in many ways
 "Need to reform, reinvent civil services: Former RBI Governor D Subbarao")
RBI to make digital currency available offline, says Governor Das
India is one of the few economies to experiment with a digital currency backed by a central bank, even as developed nations tread cautiously
 "RBI to make digital currency available offline, says Governor Das")
Bond buyback signals RBI's easing stance, may switch to neutral, says Citi
While liquidity tightness was not acute in April and overnight rates had not hit the MSF ceiling, the RBI probably anticipated election-related constraints on govt spending could tighten liquidity
 "Bond buyback signals RBI's easing stance, may switch to neutral, says Citi")
RBI approves appointment of Sanjeev Nautiyal as MD&CEO of Ujjivan SFB
Third CEO in five years; current CEO Davis to be relieved early
 "RBI approves appointment of Sanjeev Nautiyal as MD&CEO of Ujjivan SFB")
Highlights of the day: Paytm President and COO Bhavesh Gupta tenders resignation
From Uddhav Thackrey's attacks on BJP, to Air India's decision to resume its flights between Delhi and Tel Aviv, catch all the latest news here
 "Highlights of the day: Paytm President and COO Bhavesh Gupta tenders resignation")
RBI revises banks' capital market exposure norms for T+1 settlement
The limit of 30 per cent for risk is based on the assumption of 20 per cent downward price movement of the equities on T+1
 "RBI revises banks' capital market exposure norms for T+1 settlement")
Atanu Chakraborty re-appointed HDFC Bank chairman for three years
Atanu Chakraborty is not related to any other directors or key managerial personnel of the bank.
 "Atanu Chakraborty re-appointed HDFC Bank chairman for three years")
Have some risk appetite? Invest in highly rated company fixed deposits
While they offer higher returns than bank FDs, they are not protected by deposit insurance
 "Have some risk appetite? Invest in highly rated company fixed deposits")
Dollar swap option returns to India after RBI rule change for lenders
The central bank, effective Friday, expanded the range of products banks can offer to eligible corporates, which included swaptions, or an option to enter into an interest rate swap
RBI allows standalone primary dealers to borrow in foreign currency
May access overdraft facilities in nostro accounts solely for operational use
 "RBI allows standalone primary dealers to borrow in foreign currency")
Bajaj Finance jumps 8% intraday after RBI lifts ban on eCOM, Insta EMI Card
Bajaj Finance stock price update: This was Bajaj Finance stock's biggest single-day rally in three years
 "Bajaj Finance jumps 8% intraday after RBI lifts ban on eCOM, Insta EMI Card")
Indian rupee to keep in a tight range amid RBI intervention: Report
The RBI has kept the rupee in a narrow range against the dollar and is only down about 0.3% this year unlike most of its Asian peers which have weakened a lot more
Bajaj Finance to resume lending via eCOM, Insta EMI Card as RBI lifts curbs
The company further said it would now resume sanction and disbursal of loans in the two business segments including issuance of EMI cards
Currency derivatives volumes plunge significantly on RBI exposure norms
The central bank deferred exposure rules implementation until May 3 amid investor concerns
 "Currency derivatives volumes plunge significantly on RBI exposure norms")
CFA bats for enhanced climate accountability measures in RBI's draft norms
Says clarity and specificity are needed to ensure effective implementation and compliance with disclosure requirements
