Page 13 - Anup Roy

'Pandemic paradox': Cash was king in 2020 as digital transactions increased

Experts cite hoarding as reason for 22% spike in currency in circulation

RBI indicates slow departure from ultra-loose liquidity policy

RBI to restore liquidity operations timing to normal hours in a phased manner, to start with variable rate reverse repo window from Jan 15

Currency in circulation expands 22% in 2020 amid Covid-19 pandemic

Data released by the Reserve Bank of India showed that in calendar year 2020, the currency in circulation growth was way higher than 2019's 11.8 per cent growth rate

Reserve Bank forms academic advisory council for supervisory college

The College of Supervisors has been operational in a limited way since May last year, but it is now being fully operationalised

The concerns that kept moratorium and restructuring requests down

Disincentives, borrowing behaviour change, business recovery have kept references for restructuring low, ICRA said

RBI fines Bajaj Finance Rs 2.5 crore for recovery agent harassment

Central bank says firm violated a specific direction to ensure full compliance with fair practices code in letter and spirit

Liquidity returns to banking system, interbank call rates softening

This indicates that the liquidity deficit witnessed after December 15 was mainly because of advance tax outflow, and not because of any extra effort by the central bank to drain out liquidity

Bank credit growth slows in Q2; personal loans maintain double-digit growth

Industrial credit, however, contracted 1.7 per cent YoY and its share in total credit was nearly 30 per cent at the end of the quarter.

MPC members dive deep on low rates, excess liquidity and sticky inflation

These issues weren't discussed in such details in policy statement, or in post-policy press conference, even when the members seemingly unanimously voted to keep policy rate unchanged at 4%

India on currency manipulation watchlist: Is that a cause for concern?

The US Treasury has, while branding Switzerland and Vietnam as currency manipulators, added India, Taiwan and Thailand to its 'Monitoring List'

Banks should focus more on cash-flow based lending, says RBI Governor

In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor

India has been transparent in its forex intervention: US Treasury

The reason why India was put on the half yearly monitorin list along with nine others, was that it had a 'material' current account surplus and engaged in 'persistent, one-sided intervention'

Reserve Bank of India unlikely to let rupee appreciate much: Experts

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn

RBI gives Uday Kotak another three years as MD of Kotak Mahindra Bank

The regulator has also cleared re-appointments of Prakash Apte as part-time chairman, and Dipak Gupta as joint managing director

Reserve Bank of India makes certain exceptions to current account norms

The RBI said on its statement that accounts for real estate projects for the purpose of maintaining 70 per cent of advance payments collected from the home buyers, can be maintained in separate banks

Shaktikanta Das: Reserve Bank governor who went off the beaten track

Economists praise Shaktikanta Das for his pragmatism and willingness to face challenges head on

Borrowers seeking debt resolution can make a request by December 31: RBI

For personal loans, the resolution plan is to be implemented within 90 days from the date of invocation

Experts urge caution on low interest rates, warn of liquidity crisis

Ultra-low rates run the risk of enticing firms to borrow too much, they say

Free-for-all apps: Avail bank facilities even if you are not a card holder

ICICI is not alone to bring this concept forward. State Bank of India, has also announced to make its app open for all in 30 days

ATM moment of banking services is here as lenders make apps open for all

What do banks gain by opening their apps for all? The answer - rival bank's customers under their fold.