RBI annual report: Banks contain gross NPAs at 9.1% in FY19 on higher provisions, dip in fresh slippages
Early recognition and resolution of stressed assets have helped banks contain their gross non-performing loans ratio at 9.1 percent in FY19 down from 11.2 percent a year before, says the monetary authority
The Reserve Bank says the ongoing growth deceleration is a "soft patch mutating into a cyclical downswing", and has underlined reviving consumption and private investment should be the highest priority for policymakers and government
The number of cases of frauds reported by banks saw a jump of 15 percent year-on-year basis in 2018-19, with the amount involved increasing by 73.8 percent in the year, RBI's annual report showed
Rupee volatile: Currency pares all gains, drops 21 paise to fresh record low of 71.79 on sudden bouts of dollar purchases
Earlier, the rupee resumed higher at 71.43 against yesterday's closing level of 71.58 a dollar at the interbank foreign exchange market here.
As per the RBI Annual Report released on Wednesday, 99.3 percent of the demonetised Rs 500 and Rs 1,000 notes were returned to the banking system.
Detection of counterfeit notes was 31% lower than previous year; high-security features made making fakes difficult: RBI
Counterfeit notes detected in specified bank notes decreased by 59.7 and 59.6 percent in the denominations of Rs 500 and Rs 1,000
RBI annual report 2017-18: India remains preferred destination for FDI as domestic consumption remains strong
Giving details of FDI flow, the RBI report said, the increase in foreign capital flow was mainly due to higher flows into the communication services, retail and wholesale trade
RBI annual report 2017-18: Central bank says lenders will witness further deterioration in NPAs in FY19
The combined impact of the increase in provisioning against NPAs and mark-to-market (MTM) treasury losses on account of the hardening of yields eroded the profitability of banks, resulting in net losses, RBI report said
Of the Rs 15.41 lakh crore worth 500 and 1,000 rupee notes in circulation before 8 November, 2016, notes worth Rs 15.31 lakh crore have been returned.
Demonetisation: Narendra Modi has won the battle of perception; Opposition is barking up the wrong tree
Instead of presenting the return of banned noted as proof of failure of demonetisation, it would be better for Opposition to focus on the negatives of the exercise that impacted the people
Separating the rhetoric from the reality of demonetisation
With the release of the demonetisation data, the government and the RBI will have to answer many uncomfortable questions
Raghuram Rajan stresses the fact that it’s not easy for the central bank to go for a rate cut now; and even if it does cut not necessarily will it help small firms
The thing with most politicians is that either they do not understand how a market operates or they pretend otherwise.
The RBI has embraced inflation-targeting as its central policy stance even though Rajan is yet to openly admit that
On improving access to finance and customer protection, the RBI's actionable agenda for 2014-15 would include putting in place the guidelines and operational parameters for a pan-India bill payment system which will facilitate anytime, anywhere system of making bill payments.
Thanks to near-zero interest rates in the US, the RBI's hoard of foreign exchange is earning less and less. Gold has, however, saved it the blushes
The RBI annual report, released on Thursday, paints a gloomy picture of growth prospects in view of the twin problems of untamed inflation and the global slowdown.