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RBI had set up a task force to suggest policy and regulatory interventions required for development of secondary market in corporate loans.

RBI report on development of secondary market for corporate loans likely by next month

RBI is also likely to release another report on housing finance securitisation by August-end.

28 Jul 2019 1:24 PM

I think the credit flow will gather greater momentum very soon, said RBI governor Shaktikanta Das.

Bank lending to non-bank firms set to gather pace: RBI governor

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.

26 Jul 2019 1:30 PM

The committee has also recommended revision of loan limit sanctioned under MUDRA.

RBI panel for hike in collateral free lending, MUDRA loan limit to Rs 20 lakh

Around 22.83 lakh MSMEs were registered on Udyog Aadhaar Portal in the country during March, 2018 to March 2019.

26 Jul 2019 11:40 AM

Forty-five-year old Viral Acharya will be going back to teach at New York University's Stern School of Business. (Photo: File)

Outspoken Dy Governor Viral Acharya ends his RBI stint

Acharya will be most remembered for speaking his mind on protecting the autonomy of the RBI.

23 Jul 2019 8:03 PM

Despite the setbacks, Yes Bank, however, maintained its credit cost guidance at 1.25 per cent for the entire year, stating that the same stood at 0.32 per cent for the first quarter.

NPA troubles continue for Yes Bank; June net down 92 pc

The bank's fresh slippages at Rs 6,232 crore nearly doubled if compared to the Rs 3,408 crore in the previous quarter.

17 Jul 2019 6:53 PM

JSW Steel had revised its offer from Rs 11,000 crore to Rs 18,000 crore and later to over Rs 19,000 crore, whereas Tata Steel's last offer was at Rs 17,000 crore after it had refused to revise its bid.

Not backing out from buying Bhushan Power: JSW tells NCLT

NCLT said that alleged fraud reports will not have any impact on the insolvency resolution process and JSW's resolution plan for BPSL.

15 Jul 2019 3:29 PM

The proposed mobile app would be able to identify the denomination of notes of Mahatma Gandhi Series and Mahatma Gandhi (New) series by capturing the image of the notes placed in front of mobile camera, the RBI said while inviting bids from tech firms to develop the app.

RBI to come out with mobile app for currency notes identification

RBI said identification of banknote denomination is key to successful completion of cash transactions by visually impaired persons.

14 Jul 2019 7:36 PM

Political stability, lower inflation coupled with the Reserve Bank's stance to lower interest rates is driving the enhanced retail inflows towards equity-oriented schemes, Amfi chief executive NS Venkatesh said in a statement. (Representational Image)

Inflows to equity schemes jump three-times in June: Amfi data

Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74 crore in April.

08 Jul 2019 7:52 PM

RBI Governor Shaktikanta Das said overall the system liquidity is hugely in surplus and if individual banks have liquidity issue, the RBI will provide liquidity support to them. (Photo: File | PTI)

Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

08 Jul 2019 7:49 PM

The reserves nearing USD 428 billion can take care of imports for almost 10 months, according to market experts. (Representational Image)

Forex reserves hit new high of USD 427.67 billion

In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.

05 Jul 2019 7:45 PM

Minister of State for Finance Anurag Thakur, Finance Secretary S C Garg and Department of Financial Services Secretary Rajiv Kumar will also be present in the meeting at RBI's office in the national capital. (Photo: ANI)

Finance Minister Sitharaman to address RBI central board on July 8

Issues related to the overall economy and fiscal policy decisions taken by the government will be taken up during the meeting.

02 Jul 2019 6:29 PM

Replying to a question in Lok Sabha, Finance Minister Nirmala Sitharaman said RBI was closely monitoring the liquidity position of NBFCs and will continue to monitor the activity and performance of the sector. (Photo: ANI | File)

Govt considering giving more powers to RBI to regulate NBFCs: Sitharaman

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

01 Jul 2019 5:06 PM

NS Vishwanathan. (Photo: File | rbi.org.in)

NS Vishwanathan given 1 year extension as Deputy Governor of RBI

Previously NS Vishwanathan was appointed as RBI Deputy Governor on July 4, 2016 for a period of three years.

01 Jul 2019 2:47 PM

A series of defaults last year by a financing firm, Infrastructure Leasing and Financial Services (IL&FS), led to the government taking over its operations.

Failure at a big Indian non-bank lender could cause large damage: RBI

The central bank issued the warning in its latest Financial Stability Report, released on Thursday night.

28 Jun 2019 3:43 PM

RBI in a circular in 2014 had communicated to NBFCs and MFIs regarding pricing of credit on last working day of every quarter.

RBI sets average base rate of 9.18 pc for NBFC-MFI borrowers for July quarter

RBI sets the average base rate for NBFC-MFIs on the basis of average of base rate of the five largest commercial banks.

28 Jun 2019 3:20 PM

Large HFC, NBFC failure to pose contagion risk

The country’s financial system “remains stable” despite some recent “dislocation”.

28 Jun 2019 2:41 AM

Regulations on interest rate derivatives (IRDs) have so far been issued separately for each product, including for products traded on exchanges.

RBI releases directions on rupee interest rate derivatives

These regulations were framed with a view to guide the initial evolution of the market through prescriptive requirements.

27 Jun 2019 9:29 AM

The central bank also clarified that the data can only be shared with the foreign regulators after its approval.

Data related to payments to be stored only in India

RBI says data processed abroad to be brought in 24 hours & deleted.

27 Jun 2019 1:35 AM

RBI had advised all system providers to ensure that within a period of six months, the entire data relating to payment systems operated by them is stored in a system only in India. (Photo: File | Pixabay)

Data related to payments to be stored only in India: RBI

In case payment processing is done abroad, data should be deleted there and brought back to India within 24 hours, said RBI.

26 Jun 2019 6:47 PM

The Committee also recommended doubling the limit for collateral-free lending to Rs 20 lakh for lending to MSMEs and self-help groups.

Panel for Rs 5,000 crore stressed asset fund for MSMEs

Speaking about FoF, the panel said such a fund will support crowd funding from venture capital and private equity firms focused on MSME investment.

26 Jun 2019 3:30 AM

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Dilip Cherian