Page 12 - Reserve Bank Of India Rbi

Covid-19 lockdown: 70% listed firms may dip into reserves for April pay

This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.

RBI governor Shaktikanta Das to hold meeting with bank chiefs today

The meeting will take stock of implementation of several steps announced by the RBI, including moderation in interest rate and its transmission, as well as liquidity infusion measures for industry

Covid-19 impact: Sebi may tweak pay structure of top MF executives

Caps on variable pay, staggered bonus payouts among likely steps to rein in risky moves by fund managers

Rs 11.2 trn package needed to resurrect economy post-lockdown: Report

Acuite believes that a contraction in GDP in Q1FY21 aside, there is a significant downside risk to the growth estimates of 2-3 per cent for FY21 without the stimulus package

Delhi court sets aside interim relief order on Indiabulls Housing Finance

The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court, challenging the interim order granting protection to Indiabulls.

Promoter, PE stake may go up in private banks; IndusInd, HDFC Bank to gain

Lenders are staring at unexpected asset quality losses due to the slowdown in economic activity after the countrywide lockdown.

Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

RBI opens Rs 50,000-crore special liquidity window to support mutual funds

According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore

IndusInd Bank's Q4 profit slumps 77% QoQ to Rs 302 cr, provisions jump 2x

To cushion against the uncertainties arising due to the outbreak of the coronavirus (Covid-19) pandemic, the bank has provided for Rs 260 crore under the provisions and contigencies segment

RBI rolls out Rs 50k crore liquidity window for MFs; bank stocks gain

Under the SLF-MF, the RBI shall conduct repo operations of 90 days tenor at the fixed repo rate.

Govt had Rs 1.35-trn outstanding loans from RBI in week to April 17

The central government had Rs 1.11 trillion in outstanding loans in the previous week, according to the RBI's weekly statistical supplement.

From Tata Power to TVS, over 320 firms queue up for moratorium breather

Piramal, Tata Power, and TVS group units figure in list

80% of Odisha's MSMEs facing closure, seek PM's help amid Covid-19 crisis

As a fall-out of the nationwide lockdown, the small and micro scale industries in the state are facing severe hardship

Franklin Templeton crisis: Short-term bond market is in deep trouble

The decision has been prompted by lack of liquidity in the high-yield market, as well as heavy redemption pressures that are affecting all debt funds

Top biz headlines: Stimulus package for industry, IBC breather and more

Here are the top 10 business headlines on Friday morning

Weak economic outlook to give small finance banks more time to get listed

Five small finance banks, including Equitas SFB, are due for listing by 2021

Govt pushes lending, asks banks for daily reports of loans allowed: Report

The finance ministry, in a letter dated April 17 and seen by Reuters, asked banks to furnish detailed data on new loans, including particulars on what sectors were getting them

Top headlines: Govt puts on hold DA hike, Fitch cuts India growth forecast

Business Standard brings to you the top headlines of the day

Monetisation of govt's fiscal deficit by RBI is tricky, say economists

The RBI is kept out of directly monetising the government's fiscal deficit because it may give rise to unproductive spendings.

Calibrated monetary, fiscal stimulus on anvil: Principal Economic Advisor

International passenger travel would remain shut for a long time, not for weeks but for months, he said citing examples of sectors which will continue to be non-functional