Posts Tagged ‘Reserve Bank of India’

BofAML says RBI has RM180b in excess capital

By BLOOMBERG
MUMBAI • A panel named by India’s central bank to study its capital structure is likely to identify excess reserves of up to three ...

Tycoons get India court reprieve on RM228b of bad debt

By BLOOMBERG
NEW DELHI • Indian tycoons whose companies have fallen behind on loan repayments can breathe a bit easier now. The nation’s top court on ...

India data rules may hinder fraud detection

SINGAPORE • Mastercard Inc is concerned that India’s strict data localisation rules could compromise its ability to detect frauds and money laundering in ...

India’s inflation quickens as focus shifts to rate cut

NEW DELHI • India’s inflation rebounded in February, but was still benign enough to support calls for the central bank to lower interest rates at next ...

RBI says yielding to Kotak plea erodes its autonomy

MUMBAI • India’s central bank is warning that its authority could be undermined if courts rule against it in a case involving a major private-sector ...

Bank with worst India bad debt to sell RM6b of loans

MUMBAI • IDBI Bank Ltd, the lender with India’s worst bad-loan ratio, is seeking to curtail its soured debt by selling 100 billion rupees (RM5.71 billion) ...

Modi gets RM16.3b cash from RBI before polls

MUMBAI • India’s central bank will consider an early transfer of a part of its profit to the government, which is desperate for cash to fund populist ...

Valuations too high for Indian equities

By FUND SUPERMART RESEARCH / Pic By BLOOMBERG
India’s economy is growing strong and its equity market benchmark, the BSE Sensex Index, is trading at a ...

India Sensex fluctuates as RBI delivers rate cut

By BLOOMBERG
MUMBAI • India’s benchmark equity index was whipsawed yesterday after the Reserve Bank of India (RBI) unexpectedly cut its key policy rate ...

Goldman sees India rate cut soon

MUMBAI • Goldman Sachs Group Inc expects India’s central bank to cut interest rates by a quarter percentage point in February, the latest to add its voice ...

India’s subdued inflation signals monetary policy u-turn

By BLOOMBERG
MUMBAI • India’s headline inflation edging toward the lower-end of the central bank’s target band has opened the door to interest-rate ...

India surprises by reversing debt revamp stance

By BLOOMBERG
MUMBAI • India’s central bank will permit lenders to restructure stressed loans to small companies, breaking from a five-year-old policy ...