RBI to permit lending, borrowing of gilts; broaden scope for insurers The Reserve Bank of India (RBI) said on Wednesday that it proposed to permit lending and borrowing of government securities, a move that will augment the existing market for special repo transactions. “The system is expected to facilitate wider participation in the securities lending ...

Bond yields harden as Reserve Bank shows no sign of policy turn Traders of government bonds were not surprised when the Reserve Bank of India (RBI) announced a sixth consecutive increase in the repo rate on Wednesday. What did dampen the market’s spirits, however, was the lack of a concrete sign from the central bank that it ...

Fake notes in coin vending machines led to UPI-based alternative: RBI Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar said on Wednesday. Sankar said the RBI had installed coin vending machines at strategic places like vegetable markets where there ...

Companies get bank loans based on fundamentals, not m-cap: RBI Governor Das Indian banks lend money to business houses not based on their market capitalisation (m-cap) but on parameters that depict the fundamentals of the business, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday. He did not name the Adani Group, which ...

Reserve Bank announces guidelines on climate risk, sustainable finance Based on analysis of feedback received on a July 2022 discussion paper on Climate Risk and Sustainable Finance, the Reserve Bank of India (RBI) on Wednesday issued certain guidelines to regulated entities. The guidelines consist of a broad framework for acceptance of green deposits, disclosure frameworks ...

RBI to frame guidelines on penal charges for default in loan servicing The Reserve Bank of India (RBI) on Wednesday said that any penalty for delay or default in servicing of the loan by the borrower should be met with penal charges in a reasonable and transparent manner but not with penal interest rate, which more often than ...

RBI rate hike on expected lines; policy focuses inflation: Bankers The Reserve Bank’s decision to hike repo rate by 25 basis points was on expected lines but the policy focuses more on inflation despite the recent moderation in the number, bankers said on Wednesday. “Repo hike of 25 basis points is on the expected lines. ...

Analysts expect RBI to hike repo rate 25 bps again in April policy Analysts are of the view that after delivering the seventh hawkish policy on Wednesday the central bank may pause after delivering a likely 25 basis points increase in the April review. For Abheek Barua, the chief economist at HDFC Bank, the 25 ...

Long Term FD Interest Rate: RBI repo rate hike: Long term FD interest rates are yet to peak; should you invest now? [ad_1] RBI in its first monetary policy meet of the year 2023, has hiked the repo rate by 25 basis points which is the lowest repo rate hike since May 2022, when the current series of repo rate ...

Indian households’ inflation expectations moderated by 20 basis points: RBI MUMBAI (Reuters) – Indian household’s inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of India’s latest round of internal surveys conducted in January showed. India’s annual retail inflation rate ...