RBI
Moneylife Digital Team 03 March 2020
The recent announcements by the Reserve Bank of India (RBI) in resorting to unconventional methods in providing durable liquidity to the banking sector are most welcome and are a clear example of use of

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IANS 07 December 2019
The Reserve Bank of India on Friday announced it has decided to make the National Electronic Funds Transfer (NEFT) system available on a round-the-clock basis from December 16.

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IANS 07 November 2019
An RBI Working Group (WG) on Core Investment Companies (CICs) has recommended corporate groups having specilised non-banking financial companies (NBFCs) to also establish a

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Ujjivan Small Finance Bank (USFB), the subsidiary of listed holding company Ujjivan Financial Services Ltd, is going public

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Over the years, we have seen our fragile and broken banking system being repeatedly bailed out with taxpayers’ money

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IANS 14 September 2019
An internal working group (IWG) of the Reserve Bank of India on agricultural credit has recommended the Central and state governments to avoid farm loan waivers

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Moneylife Digital Team 13 September 2019
India's gross domestic product (GDP) growth has slowed down to 5% in first quarter (Q1) of FY2020 from 5.8% in Q4 of FY2019 due to slowing down of consumption, low automobile sales, deceleration in air traffic movements and declining government capex.

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IANS 07 August 2019
In a bid to boost demand and growth, the RBI's Monetary Policy Committee (MPC) on Wednesday announced 35 bps cut in repo rate, which eventually is expected to be transmitted to retail loans. However, a look at the recent past shows that rate cuts by the central bank are transmitted further to the end-consumer in a proportionate manner.

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Moneylife Digital Team 07 August 2019
The Reserve Bank of India (RBI) on Wednesday reduced its repo rate (short-term lending) by 35 basis points (bps) to 5.40% in its third bi-monthly monetary policy review for 2019-20.

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Moneylife Digital Team 06 August 2019
The Reserve Bank of India (RBI) imposed monetary penalty on 11 banks for non-compliance with provisions of “Frauds classification and reporting by commercial banks and select financial institutions (FIs)”

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Moneylife Digital Team 02 August 2019
In June, the Reserve Bank of India (RBI) directed banks not to levy any charges for transactions processed in the real time gross settlement system (RTGS) and national electronic funds transfer (NEFT) systems in order to encourage electronic transactions.

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Although there has been emphasis and hype over affordable housing since the past few years, an RBI survey released on Thursday shows that affordability in the country's housing sector has deteriorated in the last four years

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The Reserve Bank of India (RBI) failed to do any credit analysis of the top 20 borrowers of ICICI Bank, even as their share had grown to 20.30% and had exposed the bank to increased risk.

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Hemindra Hazari 09 July 2019
On 26 June 2019, confronted with a contempt petition filed in the SC of India by activist, Girish Mittal, the RBI finally disclosed the hitherto confidential annual inspection reports, called risk assessment reports (RARs), of select banks for the years FY12-13, FY13-14 and FY14-15

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Moneylife Digital Team 08 July 2019
The Reserve Bank of India (RBI) after getting strictures and strict warning from the Supreme Court, has finally shared inspection reports of four banks under the Right to Information (RTI) Act with activist Girish Mittal about a fortnight ago.

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After a long battle with the RBI from 2016 Girish Mittal, a dogged RTI activist, was finally granted access to bank inspection reports for four years – 2012, 2013, 2014 and 2015

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Presenting her first Union Budget, Finance Minister Nirmala Sitharaman proposed to transfer the regulatory authority over housing finance sector to the Reserve Bank of India (RBI) from the National Housing Bank (NHB).

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Reserve Bank of India Governor Shaktikanta Das had, in the last Monetary Policy Committee (MPC) meeting, said that there is clear evidence of economic activity losing traction while giving the rationale for a rate cut.

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Moody's Investors Service has termed the RBI's revised framework for the resolution of stressed assets a credit positive move while suggesting the country's insolvency code mechanism to speed up resolution process.

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The Reserve Bank of India (RBI) on Friday imposed a penalty of Rs 2 crore on Kotak Mahindra Bank for not complying with the central bank's directions to furnish details of its promoter shareholding

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