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Wednesday, February 26, 2020

Reserve Bank of India


Relaxation on CRR calculations: RBI issues additional clarifications

February 27, 2020 4:46 am

The central bank explained that to calculate the incremental credit, the outstanding retail loans to the specified segments as on every reporting Friday beginning February 14 up to that of July 31, 2020 will be deducted from the outstanding credit to the specified segments as on January 31.

Bandhan Bank shares rally 5% after RBI allows network expansion

February 26, 2020 12:08 pm

The Reserve Bank of India (RBI) on Tuesday allowed Bandhan Bank to expand its branch network after considering the efforts made by the private lender to comply with the licensing conditions.

No role in disputes between banks and employees: RBI to Gujarat HC

February 26, 2020 1:31 am

The petitioners, citing news articles, had stated in their PIL that “transactions worth Rs 12,000 crore was derailed in Gujarat alone due to strike of the bank employees in the past”.

RBI may consider coronavirus impact on Indian economy in next policy meeting, says DBS report

February 25, 2020 2:52 pm

On economic growth, the DBS Bank report said, the Indian economy is in the midst of "bottoming out" -- to reach a lowest or worst point before beginning to rise or improve.

Cash still rules, but there’s marked shift from cash to digital payments: RBI study

February 25, 2020 4:46 am

India’s growing use of retail digital payments, along with the radical reconstruction of its cash economy, indicates a shift in its relationship with cash.

NPA overhang weighing on credit growth: Shaktikanta Das

February 25, 2020 4:43 am

He said, in terms of recent progress, the Indian banking sector is slowly turning around on the back of improvements in asset quality with enhanced resolutions through the Insolvency and Bankruptcy Code (IBC).

Public to private

February 21, 2020 7:27 am

Unless government steps up reforms, public sector banks will continue to see erosion in their value.

A fine line

February 20, 2020 11:28 am

Government-RBI relations are on a more even keel but central bank must tread carefully to safeguard the right balance.

Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

February 19, 2020 4:32 pm

On January 30, the bank had informed about RBI's in-principle acceptance for reducing promoters' shareholding to 26 per cent of the paid-up voting equity share capital (PUVESC) of the bank within six months from the date of final approval of the regulator.

Shaktikanta Das: 'If opinions differ... better I address govt directly, internally... focus only on outcome'

February 19, 2020 11:00 am

RBI Governor Shaktikanta Das underlined the central bank’s focus on growth and financial stability, its relationship with the government and the challenge in sustaining the first trickle of positive numbers.


Farmers' plight should "shake the conscience" of the banking sector : PM Narendra Modi

April 02, 2015 5:27 pm

PM Narendra Modi complimented RBI Governor Raghuram Rajan for his grasp and clarity on economic issues.


Will Ex-PepsiCo chief Indra Nooyi be the World Bank's next CEO?

January 16, 2019 3:40 pm

Ex-PepsiCo CEO Indra Nooyi is reportedly among the frontrunners for the post of World Bank CEO. US President Donald Trump is considering multiple candidates to nominate for the post and Nooyi's name is reportedly being considered.