Tag: Reserve Bank of India

RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore

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RBI raises WMA limits of States/UTs by 28% to ₹60,118 crore

The RBI said Special Drawing Facility (SDF) availed by State Governments/ UTs will continue to be linked to the quantum of their investments in marketable securities, issued by the Government, including Auction Treasury Bills (ATBs).  | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday increased the Ways and Means Advances (WMA) limits of State…

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Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI

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Rapid Rise In Derivatives Trading Could Pose Challenges For Investors: RBI

The ratio of premium turnover to cash market has remained steady over the last three years. New Delhi: The rapid rise in Futures and Options (F&O) trade volumes in recent years could pose several challenges as retail investors not following proper risk management could be impacted by sudden movements in markets, said a Reserve Bank…

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Indian economy, financial system remain robust despite global economy facing heightened risks: FSR

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Indian economy, financial system remain robust despite global economy facing heightened risks: FSR

A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai. The RBI released the 29th issue of Financial Stability Report on June 27, 2024. | Photo Credit: Reuters The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic…

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Government thinks of the RBI as a part of itself: Subbarao

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Government thinks of the RBI as a part of itself: Subbarao

India needs to strengthen the rule of law to compete with the developed world, protect the independence of its central bank, and hold public officials, including IAS officers, more accountable, argues Duvvuri Subbarao, former RBI Governor and author of the recent book “Just a Mercenary?”, in an interview with The Hindu. Edited excerpts: You say…

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RBI should review plan to raise provisions against infra loans, says FIDC

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RBI should review plan to raise provisions against infra loans, says FIDC

The logo of the Reserve Bank of India. File | Photo Credit: Reuters The lobby group for Indian non-banking lenders on June 11 asked for a review of a recent proposal from the Reserve Bank of India (RBI) calling for an increase in the provisions that lenders have to set aside against infrastructure project loans….

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RBI To Allow Opening Of Rupee Account Outside India

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RBI To Allow Opening Of Rupee Account Outside India

The Reserve Bank of India (RBI) on Thursday allowed the opening of rupee accounts outside India. Mumbai: The Reserve Bank of India (RBI) on Thursday allowed the opening of rupee accounts outside India as part of its strategic action plan to internationalise the domestic currency. With emphasis on continuous synchronisation of the FEMA operating framework…

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RBI’s proposed framework to administer project financing | Explained

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RBI’s proposed framework to administer project financing | Explained

The story so far: To strengthen the existing regulatory framework for long gestation period financing for projects such as infrastructure, non-infrastructure and commercial real estate sectors, the Reserve Bank of India (RBI) issued draft regulations for consultation earlier this month. The regulations endeavour to provide a “harmonised prudential framework” for financing projects. It also proposes…

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RBI Lays Out Roadmap For Small Lenders To Achieve Universal Bank Status

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RBI Lays Out Roadmap For Small Lenders To Achieve Universal Bank Status

Eligible small finance banks will have to provide a detailed rationale for the transition The Reserve Bank of India (RBI) on Friday released a set of criteria that small lenders need to achieve, including performance metrics and market listing, to become a universal bank and provide comprehensive services to both retail and corporate clients. The…

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