Page 16 - Reserve Bank Of India Rbi

Govt extends term of RBI Deputy Governor B P Kanungo by one year

The apex bank has four deputy governors. Other three are N S Vishwanathan, M K Jain and Michael Debabrata Patra

RBI notifies special series of G-Secs under 'fully accessible route'

FPI limit in corporate bonds raised; special series to enable inclusion in global indices

Union Bank of India reduces lending rates by 75 bps in line with RBI cut

The new rate will be applicable for all floating-rate personal or retail loans (such as housing and automobiles) and floating-rate loans to micro, small and medium enterprises

Banks face operational hurdles in implementing 90-day loan moratorium

With branches and call centres working with skeletal staff, communicating to customers and documenting the process are key challenges

Government needs to recapitalise banks

Three-four months from now, the supply issue will go away depending on how this process goes on, and demand constraint will come back

Three-month moratorium on term loans may limit NPAs but hurt financials

While banks may not face pressure on asset quality, their income statements may be hit.

RBI's bazooka to tackle coronavirus impact gets muted response from markets

Bleak growth outlook, lack of steps to revive economy remain concerns

NBFCs to use RBI's liquidity boost to focus on refinancing debt obligations

On Friday, the Reserve Bank of India (RBI) came up with policy measures to ensure there is enough liquidity in the system

Coronavirus: RBI extends deadline to meet last tranche of CCB by 6 mnths

This would help banks increase lending by over Rs 3.5 trillion by leveraging ten times of the capital

Coronavirus impact: SBI loan repayment worth Rs 60,000 cr may be deferred

The outbreak of coronavirus has impacted almost 75 per cent of the sectors and the measures announced by the RBI and the government will benefit everyone

Lest we forget

Sub-optimal responses against viral pandemics and crony lending would keep resurfacing if voters do not hold govts accountable

Experts peg India's Covid-19 lockdown cost at $120 bn, call for relief plan

Domestic brokerage Emkay congratulated policymakers for acting earlier than other countries, but rued that there is not much to cushion the economic impact

Centre readying an economic plan to mitigate coronavirus effect, says FM

Indian economy that had already slowed down before the outbreak of coronavirus pandemic, is in for a more difficult period in coming months with businesses almost coming to a standstill

Top headlines: India Inc m-cap shrinks, internet speed may slow, and more

From supply of essentials hit due to Covid-19 to Centre to hike excise duty on petrol and diesel, Business Standard brings to you top headlines of the day

RBI advances OMO date, announces repo of Rs 1 trn in two tranches

The central bank has announced a series of measures to tide over any liquidity issues caused by the Coronavirus dislocation in the markets

Covid-19: MFs fear huge redemptions, write to RBI for liquidity support

Corporate investors seen pulling out funds from liquid schemes to meet their debt onligations as coronavirus takes toll on businesses

RBI extends priority sector classification for bank loans to NBFCs

This is part of steps to provide support for financial sector entities to deal with slowdown and aftermath of COVID-19

Coronavirus impact: Banks seeks RBI's nod to offer relief to borrowers

Moratorium on loans should be offered, say CFOs

How ATMs are amping up tech power, innovation to serve as mini banks

A silent revolution is playing out in the field of banking transactions in India

RBI announces OMO purchase of Rs 10,000-cr govt dated securities

The government securities will be purchased through a multi-security auction using the multiple price method