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Latest Articles in Reserve Bank of India RBI

Industry Leaders Hail RBI Moves To Ease Liquidity Conditions

Sanjay Kumar, CEO and Managing Director at Elior India, said the RBI has probably now reached as far as it could in terms of accommodating the inflationary environment.

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LVB gets an indicative non-binding offer from Clix Group

LVB gets an indicative non-binding offer from Clix Group

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Economic Recovery Key To Limiting Indian Banks' Loan Losses: Fitch

Banks have been permitted by the Reserve Bank of India (RBI) to undertake a one-time restructuring exercise of loans affected by the Covid-19 pandemic which will provide relief in terms of bad loan recognition and provisioning.

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Indian Government Names Shashanka Bhide, Ashima Goyal, Jayanth Varma As New MPC Members

The RBI is widely expected to keep key rates unchanged at the upcoming monetary policy review, as it attempts to manage high retail inflation while keeping its policy stance accommodative.

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India Posts Record Current Account Surplus In June Quarter

The surplus stood at 3.9% of gross domestic product in the latest quarter, compared with a deficit of $15 billion or 2.1% in the same period a year ago

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Borrowers Seeking Loan Moratoriums Rose After June; Will Be Judicious On Loan Recasts: Axis Bank

About Non-Performing Assets (NPAs), the bank's Chief Executive Officer and Managing Director Amitabh Chaudhry said its stress tests are now showing lower slippages across any scenario than earlier.

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RBI Extends Enhanced Borrowing Limit For Banks Under MSF Till March 31

The central bank had increased the borrowing limit for scheduled banks under the marginal standing facility (MSF) scheme from 2 per cent to 3 per cent of their net demand and time liabilities.

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RBI Postpones MPC Meet On Key Interest Rates

The RBI held its main repo rate at 4 per cent at its last meeting and said it will keep policy accommodative in view of rising inflation and faint signs of economic growth amid gradual lifting of coronavirus (COVID-19) countrywide lockdown.

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RBI To Keep Rates On Hold, Provide Economic Forecasts

The central bank must manage high retail inflation while keeping policy accommodative to support an economy which nosedived 23.9% last quarter

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RBI Approves 3-Member Committee Of Directors To Manage Lakshmi Vilas Bank

The shareholders rejected the appointments a time when the private sector lender is facing a major financial crisis due to deterioration of asset quality and lack of capital.

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RBI Authorises Vakrangee To Manage Bharat Bill Payments

RBI authorises Vakrangee to manage Bharat Bill payments

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RBI Asks Urban Co-Op Banks To Adopt Robust Cyber Security Infrastructure

The UCBs with higher digital depth will now have to appoint Chief Information Security Officer and set up various committees like IT Strategy Committee and IT Steering Committee.

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Shares of Lakshmi Vilas Bank jump 10 pc after merger talks with Clix Group

Shares of Lakshmi Vilas Bank jump 10 pc after merger talks with Clix Group

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RBI asks banks to ensure automation of NPA identification

RBI asks banks to ensure automation of NPA identification

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RBI Issues New Compliance Guidelines For Banks

The central bank said the CCO should be appointed for at least three years and the ACB, Managing Director and Chief Executive Officer should factor in this requirement while appointing a CCO.

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