RBI CREDIT POLICY
RBI to hold rates on inflation concerns, fiscal boost likely: Poll
All 42 economists said growth would gradually pick up in the next six months.
Deviations in loan approvals done on account of ‘vintage relationship’ with clients: RBI report
The agency said this in its chargesheet again...
Letter from Wall Street: Dear PM Modi, your politics can wait, but the economy cannot
Use the mandate to implement policies that will make th...
Precision eye for value-price-quality tradeoff will be vital in your 2020 play
In such a market, precision eye for value-price-quality tradeoff will be vital.
Loan mela effect: Bank credit soars in Oct-Dec
Vehicle loans picked up by Rs 4,550 crore in October-November from Rs 1,292 crore in April-September.
Risks loom for state banks binging on sovereign bonds
Bond holdings as a proportion of deposits stood at about 29% in the two weeks ended Dec. 2
Retail inflation hits 7.35%: Experts still see 15-50 bps RBI rate cut
Food inflation rose to 14.12% in December 2019 as against -2.65% in the same month of 2018.
India extends USD 75 mn line of credit for solar parks in Cuba
Exim Bank has entered into an agreement dated July 16, 2019 with Banco Exterior De Cuba, for making available to the latter, Government of India supported Line of Credit (LoC) of USD 75 million for the purpose of financing installation of 75 MW Photovoltaic Solar Parks in the Republic of Cuba.
RBI asks UCBs to report large accounts data almost with immediate effect
The detailed guideline stipulate that the reporting frequency of the CRILC (Central Repository on Information on large Credits)– UCBs return is quarterly to start with.
RBI blasts credit rating agencies for allowing 'rating shopping' to large borrowers
Most rating shopping happened around 'BBB' or lower graded instruments, FSR suggets.
View: RBI & SEBI can look at innovative regulation to tackle dubious practices in credit rating agencies
The central bank called for scrutiny of practices, and these include one where credit rating agencies seem to have a nudge-nudge wink-wink arrangement for ‘indicative ratings’ that are not disclosed to lenders whose money is eventually being risked.
History behind, Das-led RBI charts new trails sans acrimony
Even as it eased the rates, the RBI slashed growth estimates by an unprecedented 240 basis points since the rate cutting cycle began in February to a low of 5 per cent. The central bank's youngest Deputy Governor ever -- Viral Acharya -- quit six months before his three-year term was to end in June 2019.
RBI strengthening regulations for banks and NBFCs: Shaktikanta Das
Persistently high inflation adversely impacts the economy’s allocative efﬁciency and impedes growth, says Das.
Risk aversion ebbing, credit flow has begun but with high premium: Deepak Mittal, ECL finance
With risk aversion receding, we expect risk premiums to also come down.
Banks continue to remain wary of lending to NBFCs
Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per central bank rules, the risk and rewards of the securitization pool is to be borne by the buyer without any recourse of credit loss to the seller.
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