Reserve Bank of India

Market Infrastructure

UPDATED – Losses from Bank Fraud Up 72 Percent – RBI

By Editors | 07/01/2019

According to RBI data, the higher losses are in large part due to increasing cybercrime as well as the Punjab National Bank scandal in February 2018.

Capital / Liquidity

Easing Bank Capital Requirements Would Hurt Economy – RBI

By Editors | 03/01/2019

The RBI says that current provisioning is inadequate to cover future losses from bad loans, which have been underrecognised by Indian banks.

Capital / Liquidity

UPDATED – RBI Allows Lenders One-Time Restructuring of MSME Loans

By Editors | 01/01/2019

Banks and NBFCs will be allowed to restructure defaulted loans not yet classified as NPAs, provided the borrower has aggregate exposures less than $3.6mn.

Capital / Liquidity

RBI ‘Expert Committee’ to Determine Best Use of Central Bank Reserves

By Editors | 30/12/2018

The committee is tasked with suggesting an adequate level of reserves for the central bank and proposing a policy for distributing dividends to the government.

Capital / Liquidity

India Seeks Parliamentary Approval to Infuse More Capital into Banks

By Editors | 21/12/2018

The government plans to pump $11.8 billion into public sector banks to raise them out of the RBI’s PCA framework and increase the banking system’s lending capacity.

Big Picture

Indian Government Could Undermine Banking Sector Reforms – S&P

By Editors | 18/12/2018

Restrictions on the RBI’s authority to reform governance of public sector banks are seen as a weakness in its mandate and could undermine financial stability, says S&P Global Ratings.

Enforcement

RBI Fines Indian Bank for Violating Cybersecurity Norms

By Editors | 12/12/2018

The Reserve Bank of India has fined Indian Bank 10 million rupees for deficiencies in regulatory compliance with cybersecurity norms.

Capital / Liquidity

RBI to Reduce Statutory Liquidity Ratio Over 18 Months

By Editors | 06/12/2018

Starting in January 2019, the RBI will reduce the SLR holding requirement by 25 basis points every quarter until it reaches 18% in April 2020.

Securities / Derivatives

RBI Announces Phasing-In of LEI for Non-Derivatives Markets

By Editors | 30/11/2018

Entities transacting in government securities, money markets and non-derivative forex markets will be required to have LEI codes, starting with larger firms in April 2019.