Clik here to view.
Forex Reserves Go To $318 bn, But RBI Sells Govt Bonds to Keep Money Supply...
As Forex Reserves Rise to $318 billion, we note that the reserve build-up has flattened a bit. However in the … (Read On...)
View ArticleWatch Out Before You Guarantee a Loan; RBI Says Banks Can Tap You Faster
If you are asked to be a guarantor to a loan, here’s something to think about: RBI has said you … (Read On...)
View ArticleRBI Buys $10 Billion in July, And Reveals How It’s Managing Forwards
RBI has revealed in it’s monthly bulletin that it has bought over $5bn in the forex market in July 2014, … (Read On...)
View ArticleRBI May Allow Small Value Transactions Without Two Factor; Merchants To Take...
I’m going soft on the RBI. I really, really, really like Rajan’s presentation – I mean just the slides, since … (Read On...)
View ArticleRBI Wants To Cut Sector-Based Incentives When Banks Give Loans
My last point on the Rajan’s recent presentation is about how they view financial inclusion in the concept of spreading … (Read On...)
View ArticleRBI’s Not-So-Earth-Shattering Policy Leaves No Room For Drama
RBI in it’s September 30 policy, has done absolutely nothing. This is very bad news for the media, … (Read On...)
View ArticleSector-Wise Deployment of Bank Credit; Who’s Getting More Loans This Year
We look at the statistics put forth by the RBI on sectorial deployment of Bank Credit. This gives us … (Read On...)
View ArticleForex Reserves Continue to Drop as Dollar Gains in Strength
Forex reserves at the RBI continue to fall as RBI’s data last week shows the figure dip to a 3 … (Read On...)
View ArticleRBI Mopping Up Excess Liquidity by Selling Govt Bonds
RBI’s selling bonds, and selling them big time. With India moving to what seems to be a liquidity glut in … (Read On...)
View ArticleRBI Stops The Mad Buying of Dollars in August, Reserves Continue To Dip
RBI has stopped buying dollars, it seems. In August 2014, it sold about $511 m of dollars, but bought $421 … (Read On...)
View ArticleRBI Removes 46,000 cr. of Money Supply, Sells Bonds. What’s Cooking?
Exactly what is the RBI doing? It’s just conducted a reverse repo auction (where banks park cash with the RBI) … (Read On...)
View ArticleRBI Trades the Dollar: Buys More in Sep, and Likely Even More in October –...
RBI returns to buying dollars as they reveal in their November bulletin, with a purchase of $1.4 billion in September. … (Read On...)
View ArticleKotak-ING Vysya Bank Merger – The Story in Pictures
Kotak Bank will buy ING Vysya bank in an all stock transaction that gives ING Vysya shareholders 725 shares of … (Read On...)
View ArticlePayment Banks Are An Opportunity To Change Banking in India
The RBI has released guidelines for Payment Banks. This is fantastic because it means some competition to regular banks … (Read On...)
View ArticleRBI Reverses Gold Restrictions, But Smuggling Still Lucrative With 10% Duty
RBI has reversed all restrictions on gold imports. This supposedly has come from the government. It’s a very good … (Read On...)
View ArticleRBI Keeps Rates Unchanged, Will Wait Till Early Next Year
RBI has changed no rates. CRR remains at 4%, SLR is stagnant and repo/reverse rates are at 8%/7%. The … (Read On...)
View ArticleUnited Bank of India Declares UBHL A Willful Defaulter
And the bad news seem to keep flowing for one Dr. Vijay Mallya. United Bank of India has now declared … (Read On...)
View ArticleHDFC Bank Tops RTGS Transactions; 20.77% of All Transactions Value for FY 15...
It’s official. Based on data released by the RBI, HDFC Bank has had the most number of customer electronic … (Read On...)
View ArticleRBI Cuts Rates by 0.25% and We Told You So
Just three days ago, we wrote: At this point we at Capital Mind believe the RBI is very likely … (Read On...)
View ArticleClik here to view.
Forex Reserves at the Highest Ever, but RBI Controls Balance Sheet to...
The RBI’s back to buying dollars by the truckload. Forex reserves have been going up substantially. The RBI has over … (Read On...)
View ArticleNow, International Woes at an Austrian Bank, But Not To Worry, Draghi Will Be...
Sorry for all those news coming from international sources. There’s one more. This time it’s an Austrian Bank, called Raiffeisen… (Read On...)
View ArticleThe Disruption of Bankers: Technology makes them mis-sell, But their jobs are...
Bank employment is getting disrupted by technology. As transactions get primarily enabled on cards and mobile (at least in cities) … (Read On...)
View ArticleRBI Policy Decoded: No Rate Cut, SLR Drop Overrated, Forex Freed and...
RBI has not cut the repo rate. At Capital Mind, we expected this – we said at the time … (Read On...)
View ArticleApplications for Payment and Small Banks: The Public Companies Who Applied
The list of applications for Payment and Small banks has been released. And interesting among them are: Public Companies… (Read On...)
View Article60 cr. Fraud at J&K Bank Takes it Down
In the J&K Bank Results yesterday there was this little tiny footnote: 12. During the quarter ended December 2014, fraudulent … (Read On...)
View ArticleRBI Unwinds Forex Exposure As Reserves Hit Record High on RBI Dollar Buying
India’s forex reserves hit a new high at $333 billion for the week ended 13 Feb 2015. This is the … (Read On...)
View ArticleRBI Cuts Rates 0.25%, Back to Sep 2013 Levels. We Didn’t See This Coming!
RBI Cut Rates by 0.25% in a surprise move today. We were surprised, and we have been watching RBI closely. … (Read On...)
View ArticleRBI Buys $12 billion in January, Returns to Expansionary Balance Sheet?
RBI bought dollars by the truckload in January, it turns out. Over $12 billion was purchased in Jan 2015, which … (Read On...)
View ArticleOn CNBC TV18: Of Jindal Steel, Bank Headwinds and That Markets Haven’t...
I was on CNBC TV-18 today and spoke about Jindal Steel, Banks and the overall situation in the market.
View ArticleNBFCs Want To Offer 0% EMIs Online, But RBI Will Soon Clip Their Wings, We Think
NBFCs are getting ready to offer zero-interest EMIs on online portals: “We are in talks with all the leading … (Read On...)
View ArticleJ&K Bank: A Combination of Bad Luck and NPAs, Talks Big on MetLife. Back to...
This is a very interesting story on J&K Bank. The bank’s been in the news for the wrong reasons … (Read On...)
View ArticleKeeping it Real: RBI Forces Banks to Take Full Losses When Fraud Discovered
RBI has decided to haul banks up on frauds. Banks are now required to provision the entire amount due to … (Read On...)
View ArticleRBI Says Okay to Slightly More Speculative Trading on the Rupee
RBI has increased limits on trading on the exchanges of currency derivatives. Earlier, total limits on forex derivatives (of all … (Read On...)
View ArticleRBI Policy: Rates Unchanged, But Opening of Government Bond Markets Looks Good!
The RBI didn’t move rates an inch in its monetary policy statement. Repo stays at 7.5%, and CRR at … (Read On...)
View ArticleSBI Kicks Off With a 0.15% Cut in Base Rates. Will Others Follow?
The State Bank of India is cutting its base rate down by 0.15%, finally. Their new base rate is … (Read On...)
View ArticleYour Home Loan Interest Rate May Not Fall When Bank Rates Fall, See How HDFC...
Banks are having the last laugh even as they reduce base rates, because they won’t lose money from customers who … (Read On...)
View ArticleRBI Is Buying Dollars Like They’re Going Out Of Fashion, With Reserves Up To...
RBI’s forex reserves are up to a record $347 billion, including its known forward exposure. In data released today, RBI’s … (Read On...)
View ArticleBanks Took 35% of All New Deposits And Gave It To The Government
You put a deposit in a bank, and the bank has to invest some of it (21.5%) in government bonds. … (Read On...)
View ArticleRBI Housing Data Shows Housing Loans Are Taking 40% of Income as EMIs
RBI has released a report on Indian Residential Real Estate Prices. They use bank loan data to get an … (Read On...)
View ArticleWhat Happened With The 364 Day T-Bill on Wednesday?
Okay, so hardly anyone notices this stuff. The RBI keeps holding auctions of T-Bills – or Treasury Bills – every … (Read On...)
View ArticleWe Have To Free The Rupee Because There Is No Other Choice, Says RBI ED
G. Padmanathan, ED at RBI, spoke about the concept of Rupee convertibility recently. He mentioned a lot of things against … (Read On...)
View ArticleIMPS Volumes Go Up 5x In A Year, We Think This Will Be Huge
We’ve written about IMPS – India’s Instant Payment Service – in the past. In 2011, I made an “instant” payment… (Read On...)
View ArticleRBI Cuts Rates by 25 bps, and the Markets Hate It
RBI has, in it’s policy reduced the repo rate to 7.25% which is the lowest the rate has been in … (Read On...)
View ArticleThe Strategic Debt Restructuring Rules by RBI – Banks Will Convert Debt to...
There’s a new law in town. It’s a Strategic Debt Restructuring proposal by RBI. It’s kinda boring to go through … (Read On...)
View ArticleBe Sceptical: Mantri Developers Offers 100% "Assured" Returns in 3 Years, Yet...
1Mantri Developers is at it again. They’re offering 100% assured returns on your “investment”, and SEBI/RBI do absolutely nothing! In … (Read On...)
View ArticleRBI Board Meeting: FII Limits Could Be Raised, NBFCs Might Aggregate...
Foreign Investor limits on Indian Government bonds might be raised, according to Raghuram Rajan, the RBI Governor, the Hindu reported… (Read On...)
View ArticleRBI Makes Useless Prepaid Card Rules for Metro Transit Systems, What Were...
The RBI has new “Guidelines for Prepaid Instruments for Mass Transit System“. This is like telling people now, … (Read On...)
View ArticleBanks Closed on 2nd and 4th Saturdays, No NEFT/RTGS; But Full Days on Other...
In a body blow to the political parties that either wanted to work all Saturdays or to party with bankers … (Read On...)
View ArticleDosa Economics, Avoiding Brazil Steroids, Dissing Tariffs and Letting Banks...
Rajan’s recent speech in Delhi offers great tidbits to consume and see how the RBI is thinking. Learning from Brazil: … (Read On...)
View ArticleBanks – State-wise Aggregate Deposits and Credit
Looking at RBI’s report on Aggregate Deposits and Credit of Scheduled Commercial Banks, we bring to you an analysis of state-level credit and deposits for Scheduled Commercial Banks (SCBs). The data...
View Article
