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Intensity of slowdown in certain pockets is surprising: R. Gopalakrishnan, Principal Mutual Fund

While in the near term, consumption is unlikely to rebound, with the good monsoons, consumption is expected to revive farm production for at least the next couple of seasons. This is likely to drive consumption demand over the next 12 to 18 months.

How equity investors should play the falling GDP scenario

Along with economic slowdowm, fall in nominal GDP growth rate is another worry. This is very important for stock market investors because the aggregate corporate growth usually mirrors nominal GDP growth rate, which equals real GDP plus inflation.

RBI writes to Fin Min seeking changes in Banking Regulation Act

The Reserve Bank of India (RBI) has written to Finance ministry seeking changes in the Banking Regulation Act. Changes like authority to control the Urban Cooperative Banks along with certain administrative power as well.RBI writes to Fin Min seeking changes in Banking Regulation Act

Tweet Buster: What to do when you've more negatives to deal with on D-Street

The market had more negative cues to deal with than any positive.

RBI to retain dovish bias going forward

Das said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year.

Personal finance takeaways from RBI monetary policy review

RBI maintained status quo on key rates, surprising many. ET Online’s Shambhavi Mehrotra gives to lowdown on what this means for borrowers and FD investors, and she also tells you about some of the personal finance related measures announced in the monetary policy review.Personal finance takeaways from RBI monetary policy review

RBI fixes rate on floating bond 2031 for next 6 months

FRB 2031 was originally issued on May 07, 2018 with expiration date set at Dec 07, 2031.

ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassments

New policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.

Global cues, macro-data to set tone for equity markets: Analysts

Investors will keep a close watch on progress of US-China trade talks.

A prolonged rout looms for India bonds as RBI pulls support

​It’s starting to look like India’s sovereign bond market is on the brink of a prolonged rout.

India's real GDP growth in FY20 to come below 5%: IHS Markit

India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said.

Analysts see RBI pausing rates for long as inflation worries return

While the RBI has asserted that the stance of the monetary policy will stay accommodative, market analysts believe that rate cuts won't happen frequently.

RBI satisfied with pace of monetary transmission

He further said transmission, which was bothering the central bank for a long time, is expected to improve with the introduction of linking loan pricing to external benchmark system, which banks have adopted now.

Government borrowing may rise after RBI paused

The Overnight Interest Rate Swap (OIS) with one-year maturity, a derivative gauge where investors exchange fixed rates for floating, surged 24 basis points to 5.26%, suggesting that traders do not expect any rate reduction for now. The repo rate, or the rate at which banks access funds from the lender of last resort, remained at 5.15%.

Surprise: RBI holds repo, cuts FY20 GDP forecast

Some corporate voices backed RBI’s move but with caveats.

RBI Guv maintains anti-cryptocurrency stance

RBI has held several internal discussions and consulted with other central banks on possibility of launching India’s own digital currency.

RBI investigating 'net banking' breakdown at HDFC Bank

Following the outage, several HDFC customers were unable to access their salary accounts to make bill payments.

Pause in rate cut by RBI disappoints EEPC

Sehgal said it is a matter of regret that the banks have not even passed on the earlier cuts.

RBI Monetary Policy December 2019: Key takeaways

While announcing the observations and decisions of the Monetary Policy Committee's meet for December 2019, Governor Shaktikanta Das announced the unanimous decision to abstain from any more rate cuts till February. There have been many insightful observations on global financial situation and Indian economy. Watch!RBI Monetary Policy December 2019: Key takeaways

View: RBI should be cutting rates, not holding

Not a single economist among the 43 surveyed by Bloomberg News predicted no rate cuts happening.

RBI says banks lending to NBFCs now

Das said the top-50 NBFCs are being regularly monitored by the RBI as it has a fairly good idea on which of the NBFCs are "vulnerable" and made it clear that "RBI will not allow any large NBFC to collapse."

RBI to introduce new security measures for ATMs

RBI said that since many banks and other regulated entities are other regulated entities are dependent upon third-party application service providers for shared services for ATM switch applications, they are exposed exposed to the associated cyber threats.

Key highlights of RBI's monetary policy outcome

RBI revised GDP growth downwards to 5% for 2019-20 from 6.1% projected in its October policy.

Rupee rebounds 24 paise as RBI maintains accommodative stance

The rupee's rise was also supported by weaker dollar against key global currencies.

RBI expects forensic audit report on PMC Bank by month-end

The multi-state co-operative bank has been under the RBI restriction since September 23, after it had found financial irregularities, including huge under-reporting of loans and non-performing assets to real estate developer HDIL to the tune of Rs 6,500 crore using hundreds of dummy accounts.

5 reasons why RBI didn't go for rate cut

The Reserve Bank of India on Thursday maintained the status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. This halt came after five consecutive cuts. Ankit Saproo from ET Online explains the five reasons why RBI didn't go for a sixth consecutive rate cut.5 reasons why RBI didn't go for rate cut

CIC issues show-cause notice to RBI for casual approach to its notice

In the show-cause notice, Chandra directed the CPIO why penal action under Section 20(1) of the RTI Act should not be initiated against him. This is not the first time that the RBI had to face the ire of CIC as former Information Commissioner Sridhar Acharyulu had summoned then RBI Governor Urjit Patel for not following Supreme Court orders on RTI implementation.

RBI may wait for Budget announcements before taking rate cut decision

“The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”

Here's what debt fund managers say about the RBI rate pause

The RBI on Thursday surprised the money market by keeping the repo rate unchanged. The market participants were expecting a 15-25 basis points cut in the key policy rates.

RBI decision to keep rates unchanged shocking: Ashima Goyal

Also disappointed there is no signal on OMOs. RBI seems to be waiting for Budget .

RBI keeps repo rate unchanged, real estate sector disappointed

In five successive reductions so far in 2019, the Reserve Bank of India has cut interest rates by a cumulative 135 basis points since February in an attempt to bolster growth and also liquidity in the financial system. With no reduction today, the cumulative decrease in repo rate stands at which banks borrow from it—remains unchanged at 5.15%.

Why RBI stayed put on policy rates? Shaktikanta Das explains

Core inflation expected to remain in the current zone below 4 per cent, said Governor Das.

Bonds drop most in two months on RBI's surprise rate pause

The central bank so far delivered 135 basis points of easing in five moves this year.

RBI policy surprise: Should you change your mutual fund strategy?

RBI today surprised everyone by keeping the policy rates unchanged, contrary to expectations of 15-25 bps cut.

RBI throws ball back in govt’s court to boost growth: Analysts

The central bank acknowledged that it was concerned about inflation in the near-term.

RBI revises inflation projection upwards in view of rising food prices

Following the slide in economic growth to 4.5 per cent the last quarter — the worst numbers in more than six and half years — the RBI was expected to further cut policy rates, but ended up holding the repo rate at 5.15 per cent.

GDP shocker: RBI cuts FY20 growth forecast to 5%

CPI inflation projection wad revised upwards to 5.1-4.7 per cent for the second half of FY20.

RBI keeps policy rates on hold despite economy fears

Many economists had predicted that the central bank would cut the repo rate by 25 bps.

RBI monitoring NBFCs to prevent systemic shocks; better companies getting pre-IL&FS rates

Central bank’s watching the top 50 NBFCs much more closely and is making deep dive into their books, their balance sheets and other numbers wherever necessary, says Governor Shaktikanta Das. He said that RBI has a fairly good idea of where the vulnerabilities lie. It is holding periodic discussions with the management and promoters of NBFCs.

RBI keeps repo rate unchanged at 5.15%, stance remains accommodative

The central bank slashed FY20 real GDP growth projection to 5% from 6.1%.

RBI's customer protection rules will benefit depositors

The complainants used two ATMs in this locality and were duped include customers of HDFC Bank and United Bank of India.

Stock market update: Realty stocks rise ahead of RBI's policy outcome

The Nifty Realty index was trading 0.47 per cent up at 286.70.

Time for RBI to take unconventional measures, says bond manager

The central bank should look to pull down long-term yields, says Suyash Choudhary.

Share market update: Auto stocks up ahead of RBI's policy outcome

The Nifty Auto index was trading 0.28 per cent up at 8019.2 .

DHFL: RBI retains its 3-member advisory panel

On November 22, the central bank had constituted a three-member advisory committee.

Dalal Street this week in 6 charts

Kotak Mahindra Bank, TCS and Infosys were top gainers in the Nifty50 pack.

RBI to see full pass through of previous rate cuts before taking any action

The Reserve Bank of India justified its decision to pause its policy rate action by maintaining the repo rate at 5.15 per cent. This was not in line with the market consensus which expected a 25 bps (one bps is 0.01 per cent) reduction of the benchmark policy repo rate by the central bank. Spike in inflation was one of the main reasons for not doing so.

RBI disappointment sends Sensex 71 points lower; Nifty barely holds 12,000

The BSE S&P Sensex closed 71 points lower at 40,780 while the Nifty 50 was down by 25 points at 12,018. Sectoral indices at the National Stock Exchange were mixed with Nifty metal slipping by 2.3 per cent, PSU bank 1.8 per cent, pharma by 0.8 per cent and auto by 0.6 per cent.RBI disappointment sends Sensex 71 points lower; Nifty barely holds 12,000

India in growth recession; extreme centralisation of power in PMO not good: Raghuram Rajan

The starting point to address this slowdown will be for the Modi govt to acknowledge the problem, he said.

RBI status quo spooks Sensex, but hopes of more govt reforms limit fall

RBI kept interest rates unchanged at 5.15% and also maintained an accommodative stance.

RBI expects banks to soften lending rates even though it has kept policy rates unchanged

The central bank is expecting higher monetary transmission since the share of base rate loans, which have remained largely sticky, has come down. The marginal cost-based floating rate loans, which have annual resets, have become due.

RBI caught between the devil & the deep sea: Can it still gratify markets?

Foreign investors simply cannot ignore the high real rates that Indian bonds have to offer.

Rupee ends flat ahead of RBI policy outcome

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 97.79.

RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again

The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.

Has Guv Das turned hawkish? Key takeaways from RBI money policy

The MPC revised down real GDP growth for 2019-20 from 6.1% in October policy to 5%.

'Shocking' pause? No, RBI is just awaiting signals from FM’s Budget

Shaktikanta Das said RBI is seeing some green shoots of growth revival in the economy.

RBI to introduce new prepaid payment instrument for digital transactions up to Rs 10,000

RBI proposed to introduce a new type of prepaid payment instruments (PPIs) which can be used only for the purchase of goods and services up to a limit of Rs 10,000. You can load/re-load such PPI only from a bank account to pay your bills.

Rupee slips over 6 paise after RBI leaves policy rate unchanged

The currency opened 5 paise higher earlier in the session.

RBI raises aggregate exposure limit to Rs 50 lakh on P2P lending platforms

Industry insiders said these were precursors to Thursday's move. “We requested for a limit of ₹1 crore for investment but… at least RBI considered for an elevation to ₹50 lakh,” Ranjan told ET after the announcement.

Sensex slips 150 pts from day's high after RBI holds repo rate at 5.15%

As many as 21 stocks in the Sensex pack were trading in the red after the outcome.

Full Text: RBI keeps powder dry, maintains status quo; here's why

Overall liquidity in the system remained in surplus in October and November 2019, MPC said.

RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative

The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. This halt came after five consecutive cuts. The short-term lending rate, or repo rate, was unchanged at 5.15 per cent. All six committee members voted against the rate cut.RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative

Bears get a shot in the arm on Dalal Street: Will it mean end of the rally?

The Union Budget of 2020 is now going to be the next major turning point for the market

Share market update: Bank, auto, realty stocks slip after RBI keeps repo rate unchanged

This halt came after five consecutive cuts. The shortterm lending rate, or repo rate, was unchanged at 5.15 per cent.

RBI's downgrading of FY20 growth means the $5 trillion GDP goal may have to wait longer

RBI has revised growth forecasts to 4.9-5.5% for H2 of this fiscal and 5.9-6.3% for H1 2020-21.

RBI MPC starts deliberations on monetary policy

The GDP growth slowed sharply to more than six-year low of 4.5 per cent in the July-September, hit by a slump in manufacturing output, which contracted by 1.0 per cent. The pace of GDP growth moderated from 5 per cent in April-June and 7 per cent in the July-September quarter of 2018. The MPC resolution will be placed on the RBI's website at 11.45 AM on Dec 5.

RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?

The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%

Not just a 25 bps rate cut, Street demands unorthodox steps from RBI this time

Market mavens don’t see much effect on the market if the rate cut is on expected lines.

Share market update: Bank stocks mixed ahead of RBI's policy outcome; Yes Bank dips 1%

The Nifty Bank index was trading 0.21 per cent up at 32,047.10 .

Sensex up 100 points, Nifty tops 12,050 ahead of RBI money policy outcome

There is expectation of a 25 bps rate cut by the central bank to support growth.

A year in the RBI hotseat: Shaktikanta Das and the art of negotiation

When he succeed Urjit Patel as RBI Governor on Dec 11, critics said he could be remote-controlled by the govt.

Lenders meet RBI, mull 4-month programme to resolve DHFL Case

Banks have proposed a four-month programme to resolve the Dewan Housing Finance (DHFL) case, the biggest bankruptcy case in the financial services sector after the Insolvency and Bankruptcy Code.

ARCs will now have to take the auction route to acquire NPAs

Total NPAs in the banking system are pegged at Rs 9.3 lakh crore.

Bonds extend losses, yields hit six-week high

RBI action disappointed the market as traders anticipated a cut following New Delhi’s sluggish economic growth.

RBI may cut repo rate by at least 25 bps, says Pankaj Pathak of Quantum Mutual Fund

The banking regulator is expected to go for a sixth consecutive interest rate cut on Thursday, especially after the country's GDP growth dipped to 4.5% in the July-to-September 2019 quarter.

Inflation & IIP prints, trade deal & other global cues to steer Dalal Street this week

Here are the key factors that will guide the market through the week.

Rupee edges higher by 8 paise; RBI meet in focus

The Indian unit on Friday had closed at 71.74 against the US dollar.

NCLT admits RBI plea seeking bankruptcy resolution for DHFL

The move came in after the Reserve Bank last Friday made an application for bankruptcy proceedings to resolve the credit and liquidity crisis at the company, which became the first financial sector player being sent for bankruptcy. dmitting the petition, an NCLT bench said the petition deserves admission."

Panel to assess value of assets mortgaged by PMC borrowers

The bank is currently undergoing a forensic audit the report for which will be finalised by the end of this month. But simultaneously, other assets and mortgages are also being identified by investigation agencies and the banking regulator to get back the bank’s dues.

RBI may cut rates again to support growth

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis points.

NEFT transactions to be made 24x7 from December 16

Bank customers will be able to transfer funds through NEFT around the clock on all days including weekends and holidays from December 16, the Reserve Bank of India announced on Friday.

RBI rate review: Growth concerns likely to outweigh rise in inflation

The MPC had modestly revised its CPI inflation forecast for Q2 of FY2020 to 3.4 per cent.

Exim Bank provides USD 500 mn credit to Bangladesh for defence procurement

Export Import Bank of India entered into an agreement on April 11 with Bangladesh's Armed Forces Division for making available to the latter a Government of India-supported line of credit (LoC) of USD 500 million, the RBI said in a notification on Friday. The LoC is for the purpose of financing defence-related procurement in Bangladesh, it said.

DHFL shares fall nearly 5% as RBI starts resolution process

Shares of the troubled firm fell 4.83 per cent to trade at Rs 19.70 on the BSE.

Dalal Street expects another 25 bps RBI rate cut: Poll

Since January, the RBI has cut the repo rate by 135 basis points.

Bet on YES Bank for 20-25% upside in a month: Sudip Bandyopadhyay

Among other larger banks, we have a positive view on Axis Bank as well as ICICI Bank.

Only up to Rs 1 lakh, not all money, insured in banks: RBI-owned subsidiary

Finance Minister Nirmala Sitharaman last month said the government plans to bring in legislation on raising the insurance cover on bank deposits from the current Rs 1 lakh during the winter session of Parliament.

Growth a national objective: Shaktikanta Das

Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.

Bombay High Court junks PMC Bank depositors' plea for lifting of restrictions

In their pleas, the petitioners alleged that the RBI's decision (to put restrictions on cash withdrawal) was irrational, arbitrary and violative of the fundamental rights of common public.

India’s construction, property industries in trouble, says Raghuram Rajan

The RBI should carry out an asset quality review of the NBFCs for their exposure to realty, infra.

Slumping growth opens the door for more RBI rate cuts

The RBI already has cut rates by 135 bps in 5 moves this year, the most by any Asian central bank.

RBI consulted on electoral bonds, agreed to final form: Subash Chandra Garg

Garg said after initially asking that the electoral bonds be issued by RBI only and in physical form, the central bank later wanted to issue the bonds digitally. Then again consultations were held with RBI, and later it was agreed that electoral bonds should be issued through SBI.

Banks’ economic apartheid towards SMEs must end

The SME sector is facing some sort of economic apartheid from lenders which means “separateness”.

RBI files application for insolvency proceedings against DHFL

“Debt moratorium on DHFL till insolvency plea admitted,” ETNow reported.

Will RBI say YES to Erwin Singh Braich, the man who just forced India to sit up and take notice?

Not much is known about Erwin Singh Braich who's supposed to be the knight in shining armour for YES bank.

Consider betting on real estate, telecom & retail stocks: Rana B Gupta, Manulife AMC st

Banks and financials are in a sweet spot because liquidity is good and rates are falling.

Maharashtra government wants PMC Bank to merge with MSC Bank

"The government stands behind the PMC Bank depositors. I have spoken with the MSC Bank director and asked him to consider a merger of the two banks to provide relief to the depositors," Patil told mediapersons here this afternoon. He assured that the state's apex cooperative banking entity.

Maha govt suggests merger of troubled PMC Bank with MSC Bank

The PMC Bank has been put under restrictions by the RBI, after an alleged Rs 4,355 crore scam came to light following which the deposit withdrawal was initially capped at Rs 1,000, causing panic and distress among depositors. At least eight depositors, who had high quantum of money stuck with the bank, died in the last couple of months, including one who committed suicide.

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