Sunday, 23 January, 2022

Topic: RBI

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

5 factors will shape Indian economy in 2022, and you can be cautiously optimistic despite Covid

With both GDP and inflation rising, central banks around the world may hike interest rates leading to instability in financial markets. But it’s not all bad news.

RBI rate hike inevitable as inflation surges, Nomura says

Nomura sees upside risks to its 5.6% full-year inflation forecast due to possible supply disruptions as states ratchet up pandemic curbs.

RBI allows digital payments without internet, up to Rs 200 per transaction

Under the offline mode, payments can be carried out face-to-face (proximity mode) using any channel or instrument like cards, wallets, and mobile devices.

RBI seen breaking ranks with global peers on unwinding easy monetary policy

The RBI Governor this month cited Omicron risks for continuing support to the economy. This stance is at variance with the hawkish turn at key global central banks.

Why RBI appointed its own official on RBL Bank’s board, despite its ‘healthy’ financials

After RBL Bank's share price crashed Monday, RBI clarified it's financially healthy. But market watchers believe RBI has reasons that the bank may not be privy to.

RSS-linked Swadeshi Jagran Manch wants cryptocurrency banned, says it’s used by terrorists

Swadesh Jagran Manch asks RBI to launch its own digital currency, says in resolution that virtual currencies damage financial market, help evasion of taxes.

RBL Bank shares see record drop of 25% after RBI appoints director to its board

The stock tumbled to its lowest level since listing in 2016 after Yogesh Dayal, a career central banker, was appointed by the Reserve Bank of India for a period of two years from 24 December.

RBI says RBL Bank’s financial position ‘satisfactory’; assures depositors, stakeholders

Mumbai: The Reserve Bank of India on Monday said that RBL Bank is well capitalised and its financial position remains "satisfactory", amid speculations relating...

What is tokenisation, RBI’s new idea for safe online payments that’ll be voluntary from 1 July

To secure card transactions online, RBI has mandated all authorised card networks to issue merchant-specific tokens against card details. Here’s a look at what that will entail.

On Camera


File photo of students protesting against the reservation in Bandra | Representational image | ANI Photo

Indian drawing room talk on ‘merit’ stands demolished by Supreme Court NEET ruling

Supreme Court's explanation on the constitutional validity of OBC quota in NEET rejects commonly held views of dominant castes who are blind to India's social realities.
A visual representation of the digital Cryptocurrency, Bitcoin alongside US dollars | Photo: Dan Kitwood | Getty Images via Bloomberg

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.


German Navy chief Vice Admiral Kay-Achim Schonbach | Twitter: @chiefdeunavy

China ‘not that nice country’, giving money to dictators & killers: German Navy chief in India

Vice Admiral Kay-Achim Schonbach later issued a clarification, saying comments were his 'personal view' and not German defence ministry's, and expressing them was a 'mistake'.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.