Page 3 - Reserve Bank Of India Rbi

RBI's draft code on governance: Pvt bank CEOs likely to get 15-year tenure

It could be applicable to both promoters and professionals, if allowed by the RBI

SBI economists pitch for sector-specific loan recast after moratorium ends

They said the moratorium data is not "significantly perturbing" but hit out against the "spate of unplanned and unintelligent lockdown mania" in many pockets

RBI unlikely to cut repo rate in August policy meet, says SBI report

The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4

RBI likely to cut repo rate by 0.25% at next week's review: Crisil

The RBI has already cut rates by 1.15 per cent in two moves since the onset of the Covid-19 pandemic in March

Hosiery exporters seek extension of loan moratorium by 6 months up to March

Exporters said the financial position of the knitwear garment units in Tirupur has not improved and they were not in a position to repay the loan and interest

Top headlines: SBI Q1 profit jumps 81%, RBI may extend moratorium

Here are the top headlines of the day

Moratorium burden easing as Indian economy limps back to normalcy

Agents are now able to pay visits for recovery, and also the economic situation has not turned as dire as feared

Great Eastern Shipping appoints Urjit Patel as additional director

Patel served as the 24th governor of the Reserve Bank of India from September 2016 to December 2018

Imperative for banks to expand balance sheets: India Ratings report

The RBI's conscious steps to reduce the repo rate have also lowered the marginal cost of fund-based lending rate across banks, ratings agency said

PM Modi to meet chiefs of all financial sector regulators on Thursday

Finance Minister Nirmala Sitharaman, Commerce Minster Piyush Goyal and Roads and Highways Minister Nitin Gadkari will also be a part of the meeting

Banks need to expand balance sheets, revive credit offtake: Report

The RBI's conscious steps to reduce the repo rate have also lowered the marginal cost of fund-based lending rate across banks, ratings agency India Ratings and Research said

RBI likely to slash policy rates by 100 bps in FY21: BofA Securities

That apart, they expect the government's overall fiscal deficit to rise

Govt, RBI and 15th Finance Commission discuss bank recapitalisation

The banking sector needs to open up to the same levels of 'liberalisation process' which other sectors have witnessed, N K Singh said

Not just banks, find other ways to finance infra, RBI guv tells India Inc

Lists progress achieved in infra space in past five years, stresses that funding of $4.5 trn by 2030, as estimated by NITI Aayog, cannot be done by banks alone

India Inc's foreign borrowings slip 81% to $1.02 bn in June: RBI

The domestic companies had raised $5.40 billion from the overseas markets in June 2019

Declining long-term market funding for NBFCs a concern, says RBI

It has the potential to heighten the liquidity risks the sector is already facing after the IL&FS debacle, FSR said

Stressed NBFCs, HFCs seek Rs 14,000 crore under special liquidity scheme

The Reserve Bank of India (RBI) has provided funds for the scheme by subscribing to government-guaranteed special securities issued

Insolvency law caused rift with govt: Former RBI governor Urjit Patel

Instead of future-proofing gains, atmosphere to go easy on the pedal ensued, says his book

Impact of loan moratorium on private NBFCs, HFCs can be substantial: RBI

In March, the RBI had announced a moratorium on repayment of term loans till May 31. It was later extended for another three months.

India will continue to face inflationary pressures in near term: Report

As per government data, retail inflation had increased to 6.09 per cent in June, mainly on account of higher prices of food items