Page 5 - Latest Updates on Reserve Bank of India
Indian insurance firms seek zero-coupon bonds to manage long-term risks
Insurance companies have made a request to the Reserve Bank of India, which has then discussed the matter with the Finance Ministry of the government
 "Indian insurance firms seek zero-coupon bonds to manage long-term risks")
Unclear if US law permits Trump's 100% tariff threat on Brics: Ex-RBI Guv
former RBI Governor Duvvuri Subbarao also said even for Brics, there are internal differences about bringing out an alternative to the US$
 "Unclear if US law permits Trump's 100% tariff threat on Brics: Ex-RBI Guv")
RBI ballooning NDF position suggests more rupee losses, say bankers
The Reserve Bank of India's aggregate short foreign currency in forwards and futures position jumped three-fold to $49.2 billion from September to October, official data showed on Friday
 "RBI ballooning NDF position suggests more rupee losses, say bankers")
RBI to weigh growth slowdown, inflation at its MPC meeting this December
A survey conducted by Business Standard revealed that majority respondents believed that the RBI might revise its growth and inflation projections for the financial year
 "RBI to weigh growth slowdown, inflation at its MPC meeting this December")
Governance premium to rise sharply, banks to be put through the wringer
In European banks, you have a supervisory board for governance, another for management of business
 "Governance premium to rise sharply, banks to be put through the wringer")
A look back at RBI Governor tenures as Shaktikanta Das' term nears end
Below is a list of RBI governors over the past two decades, their appointment announcements, and dates of joining
 "A look back at RBI Governor tenures as Shaktikanta Das' term nears end")
India's forex reserves drop by $48 billion in two months: RBI data
According to the latest data released by the RBI, in the week ended November 22, India's foreign exchange reserves declined by $1.31 billion to stand at $656.58 billion
 "India's forex reserves drop by $48 billion in two months: RBI data")
Deposit growth slows fortnight ended Nov 15, credit growth takes a lead
Credit growth in the fortnight ended November 15 slowed to 11.15 per cent year-on-year (YoY), while deposit growth reached 11.21 per cent
 "Deposit growth slows fortnight ended Nov 15, credit growth takes a lead")
Business correspondents' body demands higher charges for AePS withdrawals
Faced with a jump in costs and transaction failures, bank agents are demanding an upward revision of per-transaction charges to 1 per cent or Rs 21, whichever is lower
 "Business correspondents' body demands higher charges for AePS withdrawals")
RBI devolves 70% new green bonds at 6.78%-6.84%, cutoff below 10-year note
The RBI sold around 15 billion rupees ($177.53 million) worth of 10-year green bonds to investors at a 6.79% coupon but devolved nearly 35 billion rupees worth of the note, the first such devolvement
Bank holidays in December 2024: List of 17 days when banks will be closed
In December 2024, all Indian banks (public and private) will be closed for a minimum of 17 days, including Sundays, the second and fourth Saturdays, and other regional and national holidays
 "Bank holidays in December 2024: List of 17 days when banks will be closed")
RBI to delay cutting rates to early 2025 amid inflation concerns: Poll
Twenty-one of 48 common contributors who provided rate forecasts last month and this month pushed their expectation for the first rate cut from December to February or later
 "RBI to delay cutting rates to early 2025 amid inflation concerns: Poll")
RBI may look at OMOs to infuse durable liquidity, say market experts
Government cash balance turns negative; Fx market remains volatile
 "RBI may look at OMOs to infuse durable liquidity, say market experts")
A year after RBI notified PA-CB norms, only four entities receive licence
PAs-CB are entities that enable cross-border payment transactions for import and export
 "A year after RBI notified PA-CB norms, only four entities receive licence")
RBI Governor Das admitted to Apollo Hospital due to acidity; gets discharge
According to an Apollo Hospital medical bulletin, Das experienced acidity on Monday night and was admitted to the hospital
 "RBI Governor Das admitted to Apollo Hospital due to acidity; gets discharge")
RBI Governor Shaktikanta Das discharged, hospital says he is 'doing fine'
Das had been admitted to hospital in the southern city of Chennai and was kept under observation, the spokesperson said in a statement
 "RBI Governor Shaktikanta Das discharged, hospital says he is 'doing fine'")
RBI Guv Shaktikanta Das admitted to Apollo Hospital, to be discharged soon
RBI Governor Shaktikanta Das has been admitted to Apollo Hospital in Chennai; RBI spokesperson said that he is doing fine now and will be discharged soon
 "RBI Guv Shaktikanta Das admitted to Apollo Hospital, to be discharged soon")
Rupee hits record low as US dollar climbs, portfolio outflows continue
Rupee weakened to 84.4975 per US dollar in early trading on Friday, eclipsing its previous all-time low of 84.4925 on Thursday
 "Rupee hits record low as US dollar climbs, portfolio outflows continue")
UPI 123 Pay: RBI extends transaction limits- Here are key changes
UPI 123Pay facilitates digital payments on feature phones, enabling users to access UPI services without an internet connection. It supports four payment methods
 "UPI 123 Pay: RBI extends transaction limits- Here are key changes")
Foreigners selling Indian govt bonds won't return in a hurry: ANZ India
Given the volatility expected over the short-term horizon, we cannot imagine that we will receive any major inflows over the next two months, they added
 "Foreigners selling Indian govt bonds won't return in a hurry: ANZ India")
