RBI
RBI to inject Rs1,00,000-cr liquidity into financial markets
17 Mar 2020
RBI will also undertake another 6-month dollar/rupee sell/buy swap auction on 23 March to provide liquidity to the foreign exchange market
Yes Bank rescue: SBI, 7 other investors to pool in over Rs12,000 cr
13 Mar 2020
SBI, the lead investor, which has proposed to invest up to Rs7,250 crore in Yes Bank, has also recommended that the current administrator of Yes Bank, Prashant Kumar, be appointed as the new CEO of the bank
RBI announces reconstruction of Yes Bank; SBI to pool in 49% equity
09 Mar 2020
As per the scheme of reconstruction, the authorised share capital of Yes bank will stand altered to Rs5,000 crore and the investor bank (SBI) will invest up to 49 per cent shareholding at a price not less than Rs10 for a Rs2 share, ie, at a premium of Rs8 per share
Yes Bank under moratorium; RBI imposes lending curbs
06 Mar 2020
RBI has assured depositors of the bank that it will explore and draw up a scheme in the next few days for the bank’s reconstruction or amalgamation and with the approval of the central government, put the same in place well before the period of moratorium of 30 days ends
RBI proposes new umbrella entity for retail payment systems
12 Feb 2020
RBI has proposed the incorporation of a separate entity having a minimum paid-up capital of Rs500 crore, which may be a ‘for-profit’ company authorised by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007
RBI keeps repo rate unchanged at 5.15% as inflation spikes
06 Feb 2020
The Monetary Policy Committee expects consumer price inflation that has peaked to 7.4 per cent in December 2019, to tame itself as onion prices plummet
Bank’s bad loans may rise, credit growth to remain subdued: RBI
30 Dec 2019
NPAs in the banking system may rise due to a change in macroeconomic scenario, marginal increase in slippages and the denominator effect of declining credit growth, even as the financial system remained stable, says RBI
RBI introduces prepaid instrument for small-value payments
26 Dec 2019
The new PPI can be used only for the purchase of goods and services up to Rs10,000 per month and Rs1,20,000 during the entire financial year
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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