RBI's Technical Committee suggests Merger of Issue and Banking...

MUMBAI: An RBI appointed technical committee has recommended that the central bank's repo transactions be treated as lendings and borrowings and not as investments. This could address the fluctuation in accounts due to change in bond prices. The ...

MUMBAI: The Reserve Bank should make its balance sheet more transparent by including information such as employee cost and expenses on printing of notes, a committee has said. It has also suggested that gold should be revalued at the end of each ...

A meeting of the Technical Advisory Committee (TAC) that met a week before the policy seems to have been vertically split between those who wanted the RBI to not only cut the repo rate, but also the cash reserve ratio (CRR) to improve liquidity and ...

Posted by Equitymaster The Financial Sector legislative Reforms Commission (FSLRC) claims that it has set out a new legislative structure which would meet the requirements of the future. It is not enough for the Commission to be convinced that the reform is ...

MUMBAI: Seeking to push the companies to act on issues flagged by their auditors, market regulator Sebi today asked them to immediately inform the investors about any restatement of their books of accounts necessitated by points raised by the audit ...

A large Non Banking Financial Company (NBFC) that predominantly operates as a microfinance institution (MFI) can extend credit at 12 per cent over its during this fiscal, according to a notification issued by Reserve Bank of India. In its August ...

margin caps may not exceed 10% for large MFIs (loans portfolios exceeding Rs.1 billion) and 12% for the others The Reserve Bank of India decided to allow margin cap of 12% for large microfinance institutions (MFIs) up to March 31, 2014. On a review, ...

These Members suggested that the Reserve Bank may wait for at least one quarter to gauge the evolving macroeconomic situation On monetary policy measures, three of the seven members of Technical Advisory Committee on Monetary Policy recommended a ...

Reserve Bank of India (RBI) governor D. Subbarao went against the views of the majority of external members in the technical advisory committee (TAC) when he reduced the policy rate by 25 basis points (bps) to 7.25% on 3 May. One bps is 0.01%.