RBI

India central bank proposes scale-based regulations for shadow banks
Business & Finance

India central bank proposes scale-based regulations for shadow banks

  • Higher risk appetite of NBFCs has contributed to their size, complexity and interconnectedness making some of the entities systemically significant.
  • The size of the balance sheet of shadow banks including housing finance companies has more than doubled to 49.22 trillion rupees in 2020 from 20.72 trillion rupees in 2015.
Published 22 Jan, 2021 04:22pm
India's retail inflation eases in December, within RBI target
World

India's retail inflation eases in December, within RBI target

  • December's annual retail inflation was 4.59%, down from 6.93% in November to the lowest since September 2019 and below the 5.28% forecast.
  • The central bank may continue its pause at the February's policy meeting and look out for more incoming data.
Published 12 Jan, 2021 07:03pm
India's current account surplus shrinks in latest quarter
World

India's current account surplus shrinks in latest quarter

  • The surplus stood at 2.4% of the gross domestic product in the latest quarter, compared with a deficit of $7.6 billion, or 1.1% of GDP.
  • The current account surplus remained robust in Q2 FY2021, despite the entirely expected moderation from the level recorded in the lockdown quarter.
Published 30 Dec, 2020 07:00pm
India's financial sector faces challenging times ahead: RBI
Business & Finance

India's financial sector faces challenging times ahead: RBI

  • The challenge is to rewind various relaxations in a timely manner, reining in loan impairment and adequate capital infusion for a healthy banking sector.
  • Given the uncertainty induced by COVID-19 and its real economic impact, the asset quality of the banking system may deteriorate sharply going forward.
Published 29 Dec, 2020 07:39pm
India central bank exploring investment options for reserves
Markets

India central bank exploring investment options for reserves

  • The RBI's foreign exchange reserves stand at a record $560.63 billion.
  • The RBI is likely to continue to buy dollars. The problem is the dollar deployment and getting good returns.
  • The government is comfortable with current rupee levels. It needs to be competitive to help provide an export boost.
Published 03 Nov, 2020 08:11pm