Page 7 - Reserve Bank Of India Rbi

Regulators, top govt officials meet to pull economy out of crisis

They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note

Loan moratorium: SC sees 'no merit' in charging interest on unpaid interest

Next hearing in August, Bench instructs centre, RBI to firm up views

Cost of 1962 war: Stock markets fell 16%, gold price slipped 30%

Greater controls and more uncertainty marked business climate of the time

Loan moratorium scheme: The story so far

Here's all you need to know about loan moratorium, how does it work? Should one ideally opt for it, Supreme Court's observations and more

RBI relaxes norms for the deployment of ATMs by white-label players

The total number of ATMs in the country has fluctuated at around 240,000 levels since demonetisation on the back of rising operational costs and the emergence of digital modes of payment

India Inc's foreign borrowings plunge over 68% to $996 mn in April

India Inc had raised as much as $3.16 billion from overseas market in the corresponding month of the previous financial year

RBI modifies framework for financial market infra, retail payment system

The RBI, as per the document, will carry out the oversight activity through monitoring existing and planned systems

RBI sets up panel to review corporate structure of private sector banks

The RBI said it was doing so to align regulations to meet the requirements of a dynamic banking landscape

Moratorium on loans: SC gives 3 days to FinMin, RBI to decide on interest

On March 27, the RBI had announced a three-month moratorium on all term loans in view of the Covid-induced lockdown and related disruptions.

After IL&FS crisis, Covid-19 makes NBFCs struggle despite RBI actions

While bank credit to NBFCs has seen a rise of 30 per cent year on year, credit has mostly flown into larger NBFCs with good parentage and ones with better ALM positions.

Moratorium: SC asks Centre, RBI to decide on EMI interest within 3 days

During the hearing, the bench said that it is trying to take a balanced view of the matter, and only wants that wider measures should be adopted.

Slow rate cut transmission hurting returns on HAM projects: India Ratings

The RBI has slashed repo rates by almost 200 basis points since June 2019 from 6.25 per cent to 4.25 per cent to ensure availability of cheaper credit

Top headlines: 1st invIT by govt entity set to open, SC on AGR dues, & more

From Clix Capital set to buy majority stake in Lakhsmi Vilas Bank, RBI proposing 10-yr term for bank promoter-CEOs, here are top headlines on Friday morning

RBI proposes 10-yr term for bank promoter-CEOs, 15 yrs for non-promoters

If the CEO or WTD is not a promoter or major shareholder of the bank, that person can continue for 15 years at the bank, after which he or she must step down.

RBI asks rating agencies to use social media, AI to catch stress signals

Rating agencies meet RBI top brass, seek access to Central Repository of Information on Large Credits (CRILC) maintained by central bank

Foreign portfolio investors to pick up $300-million stake in YES Bank

The FPIs are in advanced talks with an Indian bank to act as a custodian.

Covid-19 crisis: Payments fall 46% in April; ATM cash withdrawal declines

Retail payments fall 45%, card usage slips 57%

RBI asks SBI to appoint a qualified chartered accountant as CFO

No CA in bank's top brass, as mandated by RBI

Govt infuses Rs 5,298 cr into IIFCL to boost infrastructure spending

This infusion has increased the paid-up equity share capital of IIFCL to Rs 9,999.92 crore against the authorized share capital of Rs 10,000 crore.