Reserve Bank of India

Higher NPAs hinder monetary policy transmission: RBI paper

Higher NPAs hinder monetary policy transmission: RBI paper

The working paper also made a strong case for capital injection in state-owned banks, arguing that such a move would increase the credit ...Read More

Credit demand is the problem,  not credit supply

Credit demand is the problem, not credit supply

If there are few economic actors in the system interested in availing credit and employing it in productive activities, no amount of addi...Read More

RBI announces portfolios of deputy governors

RBI announces portfolios of deputy governors

Rao was executive director of the Reserve Bank before being elevated to the post of deputy governor. He took the new charge last week.

Digital payments soar manifold in 5 years to FY20: RBI

Digital payments soar manifold in 5 years to FY20: RBI

Between 2015-16 and 2019-20, digital payments have grown at a compounded annual growth rate of 55.1 per cent - from 593.61 crore in the y...Read More

RBI announces Rs 1L Cr on-tap TLTRO to revive economic activity in key sectors

RBI announces Rs 1L Cr on-tap TLTRO to revive economic activity in key sectors

The Reserve Bank of India (RBI) in its late March policy action introduced the TLTROs as a tool to enhance liquidity in the system, parti...Read More

Govt appoints M Rajeshwar Rao as RBI deputy governor

Govt appoints M Rajeshwar Rao as RBI deputy governor

The government on Wednesday appointed RBI's senior-most executive director M Rajeshwar Rao as the deputy governor of the central bank. Ra...Read More

FPJ News You Can Use: RBI's new credit and debit card rules from October 1, 2020 - all you need to know

FPJ News You Can Use: RBI's new credit and debit card rules from October 1, 2020 - all you need to know

The growing concern over credit and debit card frauds has led the Reserve Bank of India (RBI) to bring about some changes in their guidel...Read More

RBI reschedules MPC meeting, new dates to be announced shortly

RBI reschedules MPC meeting, new dates to be announced shortly

The Reserve Bank of India (RBI) on Monday decided to rescheduled this week's meeting of the Monetary Policy Committee (MPC) and said that...Read More

RBI prescribes five-pillared approach to deal with cybersecurity issues in UCBs

RBI prescribes five-pillared approach to deal with cybersecurity issues in UCBs

The Reserve Bank on Thursday came out with a five-pillared strategic approach 'GUARD' to deal with cybersecurity threats being faced by u...Read More

Parliament passes bill to bring cooperative banks under RBI's supervision

Parliament passes bill to bring cooperative banks under RBI's supervision

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring cooperative banks under the supervision of the RBI, a move...Read More

Bracing for a burden of bad loans

Bracing for a burden of bad loans

The larger issue is what is to be done about banking health in times of the pandemic. The RBI-constituted K V Kamath Committee has submit...Read More

Why is the rupee unusually appreciating against the dollar?

Why is the rupee unusually appreciating against the dollar?

For an author, the best reward is when his or her reader writes either praising the author or coming up with constructive feedback. This ...Read More

RBI lays down guidelines for banks to appoint chief compliance officers

RBI lays down guidelines for banks to appoint chief compliance officers

The Reserve Bank of India (RBI) on Friday laid down guidelines for appointment of chief compliance officer (CCO) in banks to ensure unifo...Read More

Yes Bank repays entire Rs 50,000 cr SLF dues to RBI

Yes Bank repays entire Rs 50,000 cr SLF dues to RBI

He further said FY21 will be a year of transition for the bank, which has just come out of an unprecedented Rs 10,000 crore bailout led b...Read More

Palaniswami writes to PM Modi, opposes RBI directions

Palaniswami writes to PM Modi, opposes RBI directions

Priority sector lending

Kamath panel framework better than CDR, but may just postpone recognition of stress: Analysts

Kamath panel framework better than CDR, but may just postpone recognition of stress: Analysts

In the absence of an economic revival and sector-specific packages to be introduced by the government, the new mechanism will be "challen...Read More

Non-food credit growth moderates to 6.7% in July

Non-food credit growth moderates to 6.7% in July

Growth in loans to industry slowed to 0.8 per cent in July as compared with 6.1 per cent growth in July 2019, according to the data on se...Read More

Operation Twist: RBI to pump in Rs 1 L cr

Operation Twist: RBI to pump in Rs 1 L cr

In a statement, the RBI said that recently, market sentiments had been impacted by concerns relating to the inflation outlook and the fis...Read More

FM Sitharaman to meet bankers on loan recast on Thursday

FM Sitharaman to meet bankers on loan recast on Thursday

Ahead of the roll out of one-time debt recast for resolution of COVID-19 related stress in bank loans, Finance Minister Nirmala Sitharama...Read More

RBI may not extend moratorium on repayment of loans beyond August 31

RBI may not extend moratorium on repayment of loans beyond August 31

The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit...Read More

Free Press Journal

www.freepressjournal.in