Press Releases - Regulating Commercial Banking - ربی - Reserve Bank of India
پریس اعلانیہ
اپریل 25, 2007
Scheduled Banks' Statement of Position in India as on Friday, April 13, 2007
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.04.2006 30.03.2007 * 13.04.2007 * 14.04.2006 30.03.2007 * 13.04.2007 * a) Demand & time deposits from banks 36137.44 40082.66 39366.72 38806.02 41887.26 41210.76 ** b) Borrowings from banks 29128.16 35130.95 37767.75 29157.20 35158.15 37835.1
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.04.2006 30.03.2007 * 13.04.2007 * 14.04.2006 30.03.2007 * 13.04.2007 * a) Demand & time deposits from banks 36137.44 40082.66 39366.72 38806.02 41887.26 41210.76 ** b) Borrowings from banks 29128.16 35130.95 37767.75 29157.20 35158.15 37835.1
پی ڈی ایف (
اپریل 13, 2007
Reserve Bank of India (Amendment) Act, 2006: Provisions Relating to CRR
The Government of India has notified Section 3 of the Reserve Bank of India (Amendment) Act, 2006 (Act 26 of 2006) and has appointed the first day of April 2007 as the date on which the provisions of Section 3 of the said Act shall come into force. Section 3 the Reserve Bank of India (Amendment) Act, 2006 provides for the removal of:[by amendment of sub-Section 42(1A) of the Reserve Bank of India Act, 1934] the ceiling and floor on the cash reserve ratio (CRR) to be p
The Government of India has notified Section 3 of the Reserve Bank of India (Amendment) Act, 2006 (Act 26 of 2006) and has appointed the first day of April 2007 as the date on which the provisions of Section 3 of the said Act shall come into force. Section 3 the Reserve Bank of India (Amendment) Act, 2006 provides for the removal of:[by amendment of sub-Section 42(1A) of the Reserve Bank of India Act, 1934] the ceiling and floor on the cash reserve ratio (CRR) to be p
اپریل 11, 2007
Scheduled Banks' Statement of Position in India as on Friday, March 30, 2007
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 31.03.2006 16.03.2007 * 30.03.2007 * 31.03.2006 16.03.2007 * 30.03.2007 * a) Demand & time deposits from banks 37077.59 35974.09 40082.66 39749.78 37783.30 41887.26 ** b) Borrowings from banks 29196.95 36729.54 35130.95 29231.61 36753.10 35158.
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 31.03.2006 16.03.2007 * 30.03.2007 * 31.03.2006 16.03.2007 * 30.03.2007 * a) Demand & time deposits from banks 37077.59 35974.09 40082.66 39749.78 37783.30 41887.26 ** b) Borrowings from banks 29196.95 36729.54 35130.95 29231.61 36753.10 35158.
مارچ 28, 2007
Scheduled Banks' Statement of Position in India as on Friday, March 16, 2007
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs)All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.03.2006 02.03.2007 * 16.03.2007 * 17.03.2006 02.03.2007 * 16.03.2007 * a) Demand & time deposits from banks 33258.72 36080.97 35974.09 35803.28 37889.43 37783.30 ** b) Borrowings from banks 30835.17 30075.30 36729.54 30900.56 30111.16 36753.10
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs)All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.03.2006 02.03.2007 * 16.03.2007 * 17.03.2006 02.03.2007 * 16.03.2007 * a) Demand & time deposits from banks 33258.72 36080.97 35974.09 35803.28 37889.43 37783.30 ** b) Borrowings from banks 30835.17 30075.30 36729.54 30900.56 30111.16 36753.10
مارچ 14, 2007
Scheduled Banks' Statement of Position in India as on Friday, March 02, 2007
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.03.2006 16.02.2007 * 02.03.2007 * 03.03.2006 16.02.2007 * 02.03.2007 * a) Demand & time deposits from banks 31991.60 35570.32 36080.97 34513.50 37439.68 37889.43 ** b) Borrowings from banks 27405.47 33469.11 30075.30 27421.92 33503.57 30111.1
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.03.2006 16.02.2007 * 02.03.2007 * 03.03.2006 16.02.2007 * 02.03.2007 * a) Demand & time deposits from banks 31991.60 35570.32 36080.97 34513.50 37439.68 37889.43 ** b) Borrowings from banks 27405.47 33469.11 30075.30 27421.92 33503.57 30111.1
مارچ 02, 2007
Reserve Bank Cancels the Licence of Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka)
In view of the fact that Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on February 28, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, K
In view of the fact that Shri Kalmeshwar Urban Co-operative Bank Ltd., Hole-Alur, Dist.Gadag (Karnataka), had ceased to be solvent, all efforts to revive it in close consultation with the Government of Karnataka had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered the order canceling its licence to the bank on February 28, 2007. The Commissioner for Co-operation and Registrar of Co-operative Societies, K
فروری 28, 2007
Scheduled Banks' Statement of Position in India as on Friday, February 16, 2007
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.02.2006 02.02.2007 * 16.02.2007 * 17.02.2006 02.02.2007 * 16.02.2007 * a) Demand & time deposits from banks 29564.77 35861.77 35570.32 32113.08 37715.92 37439.68 ** b) Borrowings from banks 24859.21 33699.49 33469.11 24879.49 33741.25 33503.57 &nbs
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 17.02.2006 02.02.2007 * 16.02.2007 * 17.02.2006 02.02.2007 * 16.02.2007 * a) Demand & time deposits from banks 29564.77 35861.77 35570.32 32113.08 37715.92 37439.68 ** b) Borrowings from banks 24859.21 33699.49 33469.11 24879.49 33741.25 33503.57 &nbs
فروری 23, 2007
Reserve Bank of India (Amendment) Act, 2006: Provisions Relating to Interest on CRR
The Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, vide its press release and circulars dated June 22, 2006 decided (i) to continue the status quo on the rate of cash reserve ratio (CRR) to be maintained by Scheduled Banks and the extant exemptions; (ii) to remove the statutory minimum CRR maintenance requirement of 3 per cent; and (iii) hence not to pay any interest on the eligible CRR balances mai
The Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, vide its press release and circulars dated June 22, 2006 decided (i) to continue the status quo on the rate of cash reserve ratio (CRR) to be maintained by Scheduled Banks and the extant exemptions; (ii) to remove the statutory minimum CRR maintenance requirement of 3 per cent; and (iii) hence not to pay any interest on the eligible CRR balances mai
فروری 14, 2007
Scheduled Banks' Statement of Position in India as on Friday, February 02, 2007
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.02.2006 19.01.2007 * 02.02.2007 * 03.02.2006 19.01.2007 * 02.02.2007 * 1. Demand & time deposits from banks 32825.99 34702.68 35861.77 35374.27 36492.62 37715.92 ** 2. Borrowings from banks 27361.12 30946.49 33699.49 27422.55 30996.11 33741.25 &
(Amount in Rupees crore) Scheduled Commercial Banks(including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 03.02.2006 19.01.2007 * 02.02.2007 * 03.02.2006 19.01.2007 * 02.02.2007 * 1. Demand & time deposits from banks 32825.99 34702.68 35861.77 35374.27 36492.62 37715.92 ** 2. Borrowings from banks 27361.12 30946.49 33699.49 27422.55 30996.11 33741.25 &
جنوری 31, 2007
Scheduled Banks' Statement of Position in India as on Friday, January 19, 2007
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 20.01.2006 05.01.2007 * 19.01.2007 * 20.01.2006 05.01.2007 * 19.01.2007 * a) Demand & time deposits from banks 33275.16 32546.04 34702.68 35826.78 34334.35 36492.62 ** b) Borrowings from banks 27468.80 31381.02 30946.49 27550.94 31446.40 3099
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 20.01.2006 05.01.2007 * 19.01.2007 * 20.01.2006 05.01.2007 * 19.01.2007 * a) Demand & time deposits from banks 33275.16 32546.04 34702.68 35826.78 34334.35 36492.62 ** b) Borrowings from banks 27468.80 31381.02 30946.49 27550.94 31446.40 3099
جنوری 17, 2007
Scheduled Banks' Statement of Position in India as on Friday, January 05, 2007
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 06.01.2006 22.12.2006 * 05.01.2007 * 06.01.2006 22.12.2006 * 05.01.2007 * Demand & time deposits from banks 33740.78 32672.87 32546.04 36257.88 34447.39 34334.35 ** Borrowings from banks 30300.81 33007.33 31381.02 30327.12 33081.11 31446.40 &
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 06.01.2006 22.12.2006 * 05.01.2007 * 06.01.2006 22.12.2006 * 05.01.2007 * Demand & time deposits from banks 33740.78 32672.87 32546.04 36257.88 34447.39 34334.35 ** Borrowings from banks 30300.81 33007.33 31381.02 30327.12 33081.11 31446.40 &
جنوری 03, 2007
Scheduled Banks' Statement of Position in India as on Friday, December 22, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.12.2005 08.12.2006 * 22.12.2006 * 23.12.2005 08.12.2006 * 22.12.2006 * a) Demand & time deposits from banks 41048.62 34672.84 32672.87 43548.48 36420.84 34447.39 ** b) Borrowings from banks 35061.66 33492.64 33007.33 35150.15 33563.54 3308
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 23.12.2005 08.12.2006 * 22.12.2006 * 23.12.2005 08.12.2006 * 22.12.2006 * a) Demand & time deposits from banks 41048.62 34672.84 32672.87 43548.48 36420.84 34447.39 ** b) Borrowings from banks 35061.66 33492.64 33007.33 35150.15 33563.54 3308
دسمبر 20, 2006
Scheduled Banks' Statement of Position in India as on Friday, December 08, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.12.2005 24.11.2006 * 08.12.2006 * 09.12.2005 24.11.2006 * 08.12.2006 * a) Demand & time deposits from banks 40714.74 33716.00 34672.84 43206.84 35490.16 36420.84 ** b) Borrowings from banks 31891.56 32733.23 33492.64 31920.90 33012.68 3356
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 09.12.2005 24.11.2006 * 08.12.2006 * 09.12.2005 24.11.2006 * 08.12.2006 * a) Demand & time deposits from banks 40714.74 33716.00 34672.84 43206.84 35490.16 36420.84 ** b) Borrowings from banks 31891.56 32733.23 33492.64 31920.90 33012.68 3356
دسمبر 06, 2006
Scheduled Banks' Statement of Position in India as on Friday, November 24, 2006
` (Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 25.11.2005 10.11.2006 * 24.11.2006 * 25.11.2005 10.11.2006 * 24.11.2006 * a).Demand & time deposits from banks 40217.22 33805.14 33716.00 42693.67 35462.05 35490.16 ** b).Borrowings from banks 34131.45 30454.37 32733.23 34199.05 30542.33 33
` (Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 25.11.2005 10.11.2006 * 24.11.2006 * 25.11.2005 10.11.2006 * 24.11.2006 * a).Demand & time deposits from banks 40217.22 33805.14 33716.00 42693.67 35462.05 35490.16 ** b).Borrowings from banks 34131.45 30454.37 32733.23 34199.05 30542.33 33
نومبر 22, 2006
Scheduled Banks' Statement of Position in India as on Friday, November 10, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 11.11.2005 27.10.2006 * 10.11.2006 * 11.11.2005 27.10.2006 * 10.11.2006 * a) Demand & time deposits from banks 39859.83 40363.01 33805.14 42352.54 42119.12 35462.05 ** b) Borrowings from banks 33433.79 34943.14 30454.37 33556.97 35079.44 3054
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 11.11.2005 27.10.2006 * 10.11.2006 * 11.11.2005 27.10.2006 * 10.11.2006 * a) Demand & time deposits from banks 39859.83 40363.01 33805.14 42352.54 42119.12 35462.05 ** b) Borrowings from banks 33433.79 34943.14 30454.37 33556.97 35079.44 3054
نومبر 14, 2006
RBI releases Report on Trend and Progress of Banking in India, 2005-06
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India, 2005-06. The Report provides a detailed account of policy developments and performance of commercial banks, co-operative banks and non-banking financial institutions during 2005-06. The Report also presents a detailed analysis of the Indian financial system from the financial stability viewpoint. The Report has seven chapters. Statistical tables appended to the Report provid
The Reserve Bank of India today released its Report on Trend and Progress of Banking in India, 2005-06. The Report provides a detailed account of policy developments and performance of commercial banks, co-operative banks and non-banking financial institutions during 2005-06. The Report also presents a detailed analysis of the Indian financial system from the financial stability viewpoint. The Report has seven chapters. Statistical tables appended to the Report provid
نومبر 08, 2006
Scheduled Banks' Statement of Position in India as on Friday, October 27, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.10.2005 13.10.2006 * 27.10.2006 * 28.10.2005 13.10.2006 * 27.10.2006 * a) Demand & time deposits from banks 39477.64 33031.55 40363.01 41053.12 34784.62 42119.12 ** b) Borrowings from banks 31980.82 35623.28 34943.14 32003.77 35762.45 3507
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 28.10.2005 13.10.2006 * 27.10.2006 * 28.10.2005 13.10.2006 * 27.10.2006 * a) Demand & time deposits from banks 39477.64 33031.55 40363.01 41053.12 34784.62 42119.12 ** b) Borrowings from banks 31980.82 35623.28 34943.14 32003.77 35762.45 3507
اکتوبر 23, 2006
Scheduled Banks' Statement of Position in India as on Friday, October 13, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.10.2005 29.09.2006 * 13.10.2006 * 14.10.2005 29.09.2006 * 13.10.2006 * a)Demand & time deposits from banks 38800.98 33826.94 33031.55 41312.20 35559.53 34784.62 ** b)Borrowings from banks 33267.10 34799.82 35623.28 33304.95 34875.05 35762.
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 14.10.2005 29.09.2006 * 13.10.2006 * 14.10.2005 29.09.2006 * 13.10.2006 * a)Demand & time deposits from banks 38800.98 33826.94 33031.55 41312.20 35559.53 34784.62 ** b)Borrowings from banks 33267.10 34799.82 35623.28 33304.95 34875.05 35762.
اکتوبر 11, 2006
Scheduled Banks' Statement of Position in India as on Friday, September 29, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 30.09.2005 15.09.2006* 29.09.2006* 30.09.2005 15.09.2006* 29.09.2006* Variation(SCBs) a)Demand & Time deposits from banks 39167.50 32834.01 33826.94 41692.22 34576.26 35559.53** 992.93 b)Borrowings from banks 31552.52 33723.08 34799.82 31586.54 33820.53 34875.05 1076.74 c)Othe
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 30.09.2005 15.09.2006* 29.09.2006* 30.09.2005 15.09.2006* 29.09.2006* Variation(SCBs) a)Demand & Time deposits from banks 39167.50 32834.01 33826.94 41692.22 34576.26 35559.53** 992.93 b)Borrowings from banks 31552.52 33723.08 34799.82 31586.54 33820.53 34875.05 1076.74 c)Othe
ستمبر 27, 2006
Scheduled Banks' Statement of Position in India as on Friday, September 15, 2006
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 16.09.2005 01.09.2006 * 15.09.2006 * 16.09.2005 01.09.2006 * 15.09.2006 * a) Demand & Time deposits from bks. 38252.85 32142.73 32834.01 39818.34 33866.26 34576.26
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 16.09.2005 01.09.2006 * 15.09.2006 * 16.09.2005 01.09.2006 * 15.09.2006 * a) Demand & Time deposits from bks. 38252.85 32142.73 32834.01 39818.34 33866.26 34576.26
ستمبر 26, 2006
Business As Usual in RBI on September 30, 2006
All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 30, 2006. P.V.Sadanandan Manager Press Release : 2006-2007/431
All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai which normally function on Saturdays will conduct business as usual on Saturday, September 30, 2006. P.V.Sadanandan Manager Press Release : 2006-2007/431
ستمبر 15, 2006
A Profile of Banks : 2005-06
The Reserve Bank of India today released 'A Profile of Banks : 2005-2006. The publication is an attempt to provide quick and handy access to data on scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators, such as, business per employee, profit per employee, return assets, Capital to Risk Weighted Assets Ratio (CRAR) and net Non-Performing Assets (NPA) ratio. Data are presented in a bank-centric way with user-friendli
The Reserve Bank of India today released 'A Profile of Banks : 2005-2006. The publication is an attempt to provide quick and handy access to data on scheduled commercial banks, excluding regional rural banks. The publication covers 18 important indicators, such as, business per employee, profit per employee, return assets, Capital to Risk Weighted Assets Ratio (CRAR) and net Non-Performing Assets (NPA) ratio. Data are presented in a bank-centric way with user-friendli
ستمبر 15, 2006
RBI releases Report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank Charges
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) the report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank Charges. Views/suggestions on the recommendations of the Working can be faxed to 022-22630482. The practice of Indian Banks' Association fixing the benchmark service charges on behalf of the member banks was discontinued in 1999 and the decision to prescribe service charges was left to the discretion of
The Reserve Bank of India (RBI) today placed on its website (www.rbi.org.in) the report of the Working Group to formulate a Scheme for ensuring Reasonableness of Bank Charges. Views/suggestions on the recommendations of the Working can be faxed to 022-22630482. The practice of Indian Banks' Association fixing the benchmark service charges on behalf of the member banks was discontinued in 1999 and the decision to prescribe service charges was left to the discretion of
ستمبر 13, 2006
Scheduled Banks' Statement of Position in India as on Friday, September 1, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 02.09.2005 18.08.2006 * 01.09.2006 * 02.09.2005 18.08.2006 * 01.09.2006 * a) Demand & time deposits from banks 38349.21 32003.02 32142.73 40813.39 33694.56 33866.26 ** b) Borrowings from banks 30310.88 28593.85 29960.71 30354.63 28645.11 3004
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 02.09.2005 18.08.2006 * 01.09.2006 * 02.09.2005 18.08.2006 * 01.09.2006 * a) Demand & time deposits from banks 38349.21 32003.02 32142.73 40813.39 33694.56 33866.26 ** b) Borrowings from banks 30310.88 28593.85 29960.71 30354.63 28645.11 3004
ستمبر 12, 2006
RBI announces Draft Scheme of Amalgamation of UWB with Industrial Development Bank of India Limited
The Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of the United Western Bank Ltd. (UWB) with the Industrial Development Bank of India Limited. The draft scheme has also been sent to both the banks. The Reserve Bank has invited suggestions and objections on the draft scheme from the members of public, including the banks' shareholders, depositors and creditors. Both the banks have been given two weeks’ time up to Wednesday, Sept
The Reserve Bank of India has today placed in public domain a draft scheme of amalgamation of the United Western Bank Ltd. (UWB) with the Industrial Development Bank of India Limited. The draft scheme has also been sent to both the banks. The Reserve Bank has invited suggestions and objections on the draft scheme from the members of public, including the banks' shareholders, depositors and creditors. Both the banks have been given two weeks’ time up to Wednesday, Sept
ستمبر 02, 2006
United Western Bank Ltd. Placed under Moratorium
On an application by the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the United Western Bank Ltd. The Order of Moratorium has been passed by the Central Government in public interest, in the interest of depositors and the banking system. The moratorium will be effective from 14.00 hrs. on Saturday, September 2, 2006 up to and inclusive of December 1, 2006 or an earlier date, if alternate arrangements are put in p
On an application by the Reserve Bank of India, the Central Government has today issued an Order of Moratorium in respect of the United Western Bank Ltd. The Order of Moratorium has been passed by the Central Government in public interest, in the interest of depositors and the banking system. The moratorium will be effective from 14.00 hrs. on Saturday, September 2, 2006 up to and inclusive of December 1, 2006 or an earlier date, if alternate arrangements are put in p
اگست 30, 2006
Scheduled Banks' Statement of Position in India as on Friday, August 18, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 19.08.2005 04.08.2006 * 18.08.2006 * 19.08.2005 04.08.2006 * 18.08.2006 * a) Demand & time deposits from banks 38370.83 31017.02 32003.02 39987.44 32688.43 33694.56 ** b)Borrowings from banks 29907.39 28042.55 28593.85 30027.20 28049.27 28645.11 &nb
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 19.08.2005 04.08.2006 * 18.08.2006 * 19.08.2005 04.08.2006 * 18.08.2006 * a) Demand & time deposits from banks 38370.83 31017.02 32003.02 39987.44 32688.43 33694.56 ** b)Borrowings from banks 29907.39 28042.55 28593.85 30027.20 28049.27 28645.11 &nb
اگست 21, 2006
RBI fines IDBI Ltd. for violation of KYC Norms and guidelines on IPO finance
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act, 1949, today imposed monetary penalty of Rs.5 lakh on IDBI Ltd. for violation of the Reserve Bank of India guidelines on opening of accounts, including joint accounts, Know Your Customer (KYC) norms and also for violation of extant guidelines of the Reserve Bank relating to IPO financing. The Reserve Bank had issued a show cause notic
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act, 1949, today imposed monetary penalty of Rs.5 lakh on IDBI Ltd. for violation of the Reserve Bank of India guidelines on opening of accounts, including joint accounts, Know Your Customer (KYC) norms and also for violation of extant guidelines of the Reserve Bank relating to IPO financing. The Reserve Bank had issued a show cause notic
اگست 17, 2006
Scheduled Banks' Statement of Position in India as on Friday, August 04, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 05.08.2005 21.07.2006 * 04.08.2006 * 05.08.2005 21.07.2006 * 04.08.2006 * Demand & time deposits from banks 39406.55 31817.63 31017.02 41944.90 33508.56 32688.43 ** Borrowings from banks 26383.78 27546.32 28042.55 26509.76 27558.63 28049.27 O
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 05.08.2005 21.07.2006 * 04.08.2006 * 05.08.2005 21.07.2006 * 04.08.2006 * Demand & time deposits from banks 39406.55 31817.63 31017.02 41944.90 33508.56 32688.43 ** Borrowings from banks 26383.78 27546.32 28042.55 26509.76 27558.63 28049.27 O
اگست 02, 2006
Scheduled Banks' Statement of Position in India as on Friday, July 21, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 22.07.2005 07.07.2006 * 21.07.2006 * 22.07.2005 07.07.2006 * 21.07.2006 * Demand & time deposits from banks 38010.16 31870.47 31817.63 41375.96 33680.31 33508.56 ** Borrowings from banks 30397.57 30217.13 27546.32 30557.92 30232.43 27558.63 &
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 22.07.2005 07.07.2006 * 21.07.2006 * 22.07.2005 07.07.2006 * 21.07.2006 * Demand & time deposits from banks 38010.16 31870.47 31817.63 41375.96 33680.31 33508.56 ** Borrowings from banks 30397.57 30217.13 27546.32 30557.92 30232.43 27558.63 &
جولائی 28, 2006
HLCC on financial markets meets
A meeting of the High Level Coordination Committee on Financial Markets (HLCCFM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri A.K.Jha, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M.Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), Shri D.Swarup, Chairman, P
A meeting of the High Level Coordination Committee on Financial Markets (HLCCFM) was held today at the Reserve Bank of India (RBI), Mumbai. Dr. Y.V.Reddy, Governor, Reserve Bank of India chaired the meeting. Shri A.K.Jha, Secretary, Economic Affairs, Ministry of Finance, Government of India, Shri M.Damodaran Chairman, Securities and Exchange Board of India (SEBI), Shri C.S.Rao, Chairman, Insurance Regulatory and Development Authority (IRDA), Shri D.Swarup, Chairman, P
جولائی 19, 2006
Scheduled Banks' Statement of Position in India as on Friday, July 7, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 08.07.2005 23.06.2006 * 07.07.2006 * 08.07.2005 23.06.2006 * 07.07.2006 * a) Demand & time deposits from banks 37851.27 30999.81 31870.47 40397.44 32669.39 33680.31 ** b) Borrowings from banks 33116.52 31534.33 30217.13 33163.59 31554.53 &nbs
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 08.07.2005 23.06.2006 * 07.07.2006 * 08.07.2005 23.06.2006 * 07.07.2006 * a) Demand & time deposits from banks 37851.27 30999.81 31870.47 40397.44 32669.39 33680.31 ** b) Borrowings from banks 33116.52 31534.33 30217.13 33163.59 31554.53 &nbs
جولائی 05, 2006
Scheduled Banks' Statement of Position in India as on Friday, June 23, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 24.06.2005 09.06.2006 * 23.06.2006 * 24.06.2005 09.06.2006 * 23.06.2006 * a. Demand & time deposits from banks 37647.42 31778.30 30999.81 40169.69 33442.24 32669.39 ** b. Borrowings from banks 29809.51 28448.22 31534.33 29934.88 28475.39 31554.53 &n
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 24.06.2005 09.06.2006 * 23.06.2006 * 24.06.2005 09.06.2006 * 23.06.2006 * a. Demand & time deposits from banks 37647.42 31778.30 30999.81 40169.69 33442.24 32669.39 ** b. Borrowings from banks 29809.51 28448.22 31534.33 29934.88 28475.39 31554.53 &n
جون 22, 2006
Amendments to the Reserve Bank of India Act and Cash Reserve Ratio
The Reserve Bank of India (Amendment) Bill, 2006 has been enacted and has come into force with its gazette notification. Consequent upon amendment to sub-Section 42(1), the Reserve Bank, having regard to the needs of securing the monetary stability in the country, can prescribe Cash Reserve Ratio (CRR) for scheduled banks without any floor rate or ceiling rate. Accordingly, some changes in the provisions relating to cash reserve ratio (CRR) are necessary, as set out b
The Reserve Bank of India (Amendment) Bill, 2006 has been enacted and has come into force with its gazette notification. Consequent upon amendment to sub-Section 42(1), the Reserve Bank, having regard to the needs of securing the monetary stability in the country, can prescribe Cash Reserve Ratio (CRR) for scheduled banks without any floor rate or ceiling rate. Accordingly, some changes in the provisions relating to cash reserve ratio (CRR) are necessary, as set out b
جون 21, 2006
Scheduled Banks' Statement of Position in India as on Friday, June 9, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 10.06.2005 26.05.2006 * 09.06.2006 * 10.06.2005 26.05.2006 * 09.06.2006 * a. Demand & time deposits from banks 37788.73 31184.3 31778.30 40297.73 32901.13 33442.24 ** b. Borrowings from banks 30139.47 29818.27 28448.22 30243.42 29848.50 28475
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 10.06.2005 26.05.2006 * 09.06.2006 * 10.06.2005 26.05.2006 * 09.06.2006 * a. Demand & time deposits from banks 37788.73 31184.3 31778.30 40297.73 32901.13 33442.24 ** b. Borrowings from banks 30139.47 29818.27 28448.22 30243.42 29848.50 28475
جون 12, 2006
RBI takes penal action against Canara Bank
The Reserve Bank of India in exercise of powers vested in it under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949 has imposed a monetary penalty of Rs.5.00 lakh (Rupees five lakh only) on Canara Bank for violation of provisions of Banking Regulation Act, 1949. It was observed that the bank had been following an estimation method for reckoning the external liabilities under inter-branch account for computation of its Demand and Time Liabilities
The Reserve Bank of India in exercise of powers vested in it under the provisions of Section 47A(1)(b) of the Banking Regulation Act, 1949 has imposed a monetary penalty of Rs.5.00 lakh (Rupees five lakh only) on Canara Bank for violation of provisions of Banking Regulation Act, 1949. It was observed that the bank had been following an estimation method for reckoning the external liabilities under inter-branch account for computation of its Demand and Time Liabilities
جون 08, 2006
RBI increases Repo/Reverse Repo Rates
On a review of current macroeconomic and overall monetary conditions, the Reserve Bank of India has decided to increase the reverse repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points to 5.75 per cent from 5.50 per cent with immediate effect. Simultaneously, the repo rate under the LAF, which continues to be linked to the reverse repo rate with a spread of 100 basis points, is also being increased by 25 basis points to 6.75 per cent from 6.50 pe
On a review of current macroeconomic and overall monetary conditions, the Reserve Bank of India has decided to increase the reverse repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points to 5.75 per cent from 5.50 per cent with immediate effect. Simultaneously, the repo rate under the LAF, which continues to be linked to the reverse repo rate with a spread of 100 basis points, is also being increased by 25 basis points to 6.75 per cent from 6.50 pe
جون 07, 2006
Scheduled Banks' Statement of Position in India as on Friday, May 26, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 27.05.2005 12.05.2006 * 26.05.2006 * 27.05.2005 12.05.2006 * 26.05.2006 * a. Demand & time deposits from banks 37509.60 32619.27 31184.30 40735.24 34307.67 32901.13 ** b. Borrowings from banks 26827.86 27372.70 29818.27 26968.88 27411.57 29848.50 c. Other demand & time lia
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 27.05.2005 12.05.2006 * 26.05.2006 * 27.05.2005 12.05.2006 * 26.05.2006 * a. Demand & time deposits from banks 37509.60 32619.27 31184.30 40735.24 34307.67 32901.13 ** b. Borrowings from banks 26827.86 27372.70 29818.27 26968.88 27411.57 29848.50 c. Other demand & time lia
مئی 30, 2006
RBI takes Penal Action against Bank of Baroda
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakh (Rupees five lakh only) on Bank of Baroda, for violation of provisions of Banking Regulation Act, 1949. During the course of Annual Financial Inspections of the bank, the Reserve Bank had observed that the bank had netted the items representing internal and external liabilities in t
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakh (Rupees five lakh only) on Bank of Baroda, for violation of provisions of Banking Regulation Act, 1949. During the course of Annual Financial Inspections of the bank, the Reserve Bank had observed that the bank had netted the items representing internal and external liabilities in t
مئی 24, 2006
Scheduled Banks' Statement of Position in India as on Friday, May 12, 2006
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 13.05.2005 28.04.2006 * 12.05.2006* 13.05.2005 28.04.2006* 12.05.2006* a. Demand & time deposits from banks 37301.03 33191.46 32619.27 39802.62 34895.98 34307.67** b. Borrowings from banks 32108.74 29318.44 27372.70 32230.43 29338.68 27411.57 c. Other demand & time liabili
(Amount in Rupees crore) Scheduled Commercial Banks (including RRBs) All Scheduled Banks (SCBs) I Liabilities to the Banking System (A) 13.05.2005 28.04.2006 * 12.05.2006* 13.05.2005 28.04.2006* 12.05.2006* a. Demand & time deposits from banks 37301.03 33191.46 32619.27 39802.62 34895.98 34307.67** b. Borrowings from banks 32108.74 29318.44 27372.70 32230.43 29338.68 27411.57 c. Other demand & time liabili
مئی 18, 2006
RBI constitutes Working Group to formulate a scheme for ensuring reasonableness of the bank charges
The Reserve Bank of India today constituted a Working Group to formulate a scheme for ensuring reasonableness of bank charges and to incorporate them in the Fair Practices Code. The compliance of Fair Practices Code would be monitored by the Banking Codes and Standards Board of India. The members of the Working Group will be: 1. Shri N. Sadasivan, Banking Ombudsman, Mumbai – Chairman 2. Shri S. Diwakara, All India Depositors' Association 3. Shri H.N. Sinor, Chief Exec
The Reserve Bank of India today constituted a Working Group to formulate a scheme for ensuring reasonableness of bank charges and to incorporate them in the Fair Practices Code. The compliance of Fair Practices Code would be monitored by the Banking Codes and Standards Board of India. The members of the Working Group will be: 1. Shri N. Sadasivan, Banking Ombudsman, Mumbai – Chairman 2. Shri S. Diwakara, All India Depositors' Association 3. Shri H.N. Sinor, Chief Exec
مئی 10, 2006
Scheduled Banks' Statement of Position in India as on Friday, April 28, 2006
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 29.04.2005 14.04.2006 28.04.2006 29.04.2005 14.04.2006 28.04.2006 Variation (SCBs) a. Demand & Time deposits from bks. 37391.84 35689.52 33191.46 38944.29 37404.23 34895.98 -2498.06 b. Borrowings from banks 29625.12 28397.25 29318.44 29669.63 28413.87 29338.68 921.19 c. Other demand
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 29.04.2005 14.04.2006 28.04.2006 29.04.2005 14.04.2006 28.04.2006 Variation (SCBs) a. Demand & Time deposits from bks. 37391.84 35689.52 33191.46 38944.29 37404.23 34895.98 -2498.06 b. Borrowings from banks 29625.12 28397.25 29318.44 29669.63 28413.87 29338.68 921.19 c. Other demand
اپریل 26, 2006
Scheduled Banks' Statement of Position in India as on Friday, April 14, 2006
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 15.04.2005 31.03.2006 14.04.2006 15.04.2005 31.03.2006 14.04.2006 a) Demand & Time deposits from bks. 38136.37 33666.81 35689.52 39697.48 35326.52 37404.23 b) Borrowings from banks 31734.19 29511.55 28397.25 31778.39 29576.54 28413.87
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 15.04.2005 31.03.2006 14.04.2006 15.04.2005 31.03.2006 14.04.2006 a) Demand & Time deposits from bks. 38136.37 33666.81 35689.52 39697.48 35326.52 37404.23 b) Borrowings from banks 31734.19 29511.55 28397.25 31778.39 29576.54 28413.87
اپریل 12, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 31, 2006
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 01.04.2005 17.03.2006 * 31.03.2006 * 01.04.2005 17.03.2006 * 31.03.2006 * a) Demand & Time deposits from bks. 43507.10 32680.48 33666.81 45138.
(Amount in Crores of Rupees) SCHEDULED COMMERCIAL BANKS ALL SCHEDULED BANKS (Including RRBs) I LIABILITIES TO THE BKG.SYSTEM (A) 01.04.2005 17.03.2006 * 31.03.2006 * 01.04.2005 17.03.2006 * 31.03.2006 * a) Demand & Time deposits from bks. 43507.10 32680.48 33666.81 45138.
اپریل 05, 2006
Credit Information Companies (Regulation) Act, 2005: RBI releases Draft Rules and Regulations for Feedback
The Reserve Bank of India today released for feedback the draft Rules and Regulations under the Credit Information Companies (Regulation) Act, 2005. It has requested for comments/views to be sent to the Chief General Manager-in-charge, Department of Banking Operations and Development, 5th Floor, World Trade Centre, Mumbai 400 005 on or before April 15, 2006. It may be recalled that the Credit Information Companies (Regulation) Act, 2005 was passed in May 2005 and noti
The Reserve Bank of India today released for feedback the draft Rules and Regulations under the Credit Information Companies (Regulation) Act, 2005. It has requested for comments/views to be sent to the Chief General Manager-in-charge, Department of Banking Operations and Development, 5th Floor, World Trade Centre, Mumbai 400 005 on or before April 15, 2006. It may be recalled that the Credit Information Companies (Regulation) Act, 2005 was passed in May 2005 and noti
مارچ 31, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 17, 2006
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 18.03.2005 03.03.2006* 17.03.2006* 18.03.2005 03.03.2006* 17.03.2006* a. Demand & Time deposits from bks. 36308.13 31372.28 32680.48 37829.99 32986.83 34312.71** b. Borrowings from banks 27615.93 27196.13 30567.06 27762.95 27222.43 30632.99 c. Other demand & time liabilities 3124.54 90
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 18.03.2005 03.03.2006* 17.03.2006* 18.03.2005 03.03.2006* 17.03.2006* a. Demand & Time deposits from bks. 36308.13 31372.28 32680.48 37829.99 32986.83 34312.71** b. Borrowings from banks 27615.93 27196.13 30567.06 27762.95 27222.43 30632.99 c. Other demand & time liabilities 3124.54 90
مارچ 24, 2006
RBI takes penal action against Jammu and Kashmir Bank Ltd.
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakhs (Rupees five lakhs only) on Jammu and Kashmir Bank Ltd., for violation of Sec 20(1) of Banking Regulation Act 1949. While granting Letter of Credit facilities to one of its constituents, the bank had failed to ensure that adequate and effective arrangements were made by the constit
The Reserve Bank of India, in exercise of powers vested in it under the provisions of Section 47 A (1)(b) of the Banking Regulation Act 1949, has imposed a monetary penalty of Rs.5.00 lakhs (Rupees five lakhs only) on Jammu and Kashmir Bank Ltd., for violation of Sec 20(1) of Banking Regulation Act 1949. While granting Letter of Credit facilities to one of its constituents, the bank had failed to ensure that adequate and effective arrangements were made by the constit
مارچ 16, 2006
RBI and 894 branches of Banks to accept Advance Income Tax
As many as 894 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 894 bank branches 833 branches are public sector bank branches, 23 HDFC bank branches, 9 ICICI bank branches, 16 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these standing
As many as 894 computerised branches of public and private sector banks will receive advance income tax in Mumbai and Navi Mumbai. These arrangements have been made for the convenience of the income tax assesses. Of the 894 bank branches 833 branches are public sector bank branches, 23 HDFC bank branches, 9 ICICI bank branches, 16 UTI bank branches and 13 IDBI bank branches. The Reserve Bank of India has advised income tax assesses to take advantage of these standing
مارچ 14, 2006
Scheduled Banks' Statement of Position in India as on Friday, March 3 , 2006
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 04.03.2005 17.02.2006* 03.03.2006* 04.03.2005 17.02.2006* 03.03.2006* a. Demand & Time deposits from bks. 36388.04 29686.40 31372.28 37932.59 31317.53 32986.83** b. Borrowings from banks 23905.52 24738.16 27196.13 23970.94 24756.60 27222.43 c. Other demand & time liabilities 3103.73 7801.74 9
(Amount in Crores of Rupees) Scheduled Commercial banks (Including RRBs) All Scheduled Banks I Liabilities to the Bkg. System (A) 04.03.2005 17.02.2006* 03.03.2006* 04.03.2005 17.02.2006* 03.03.2006* a. Demand & Time deposits from bks. 36388.04 29686.40 31372.28 37932.59 31317.53 32986.83** b. Borrowings from banks 23905.52 24738.16 27196.13 23970.94 24756.60 27222.43 c. Other demand & time liabilities 3103.73 7801.74 9
مارچ 14, 2006
Credit to Farmers
1. Context and Perception There is a perception that credit to farmers is priced higher than commensurate with the level of properly-assessed risk. This is a perception that has been articulated by the Reserve Bank also in the recent past (See Annex). The budget measures are thus contextually relevant. It may be noted that the main thrust of the budget announcement is to provide some relief to farmers through fiscal measures rather than cross-subsidisation within the
1. Context and Perception There is a perception that credit to farmers is priced higher than commensurate with the level of properly-assessed risk. This is a perception that has been articulated by the Reserve Bank also in the recent past (See Annex). The budget measures are thus contextually relevant. It may be noted that the main thrust of the budget announcement is to provide some relief to farmers through fiscal measures rather than cross-subsidisation within the
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صفحے پر آخری اپ ڈیٹ: جولائی 31, 2024
