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7 days ago · FILE PHOTO: The Reserve Bank of india (rbi) governor shaktikanta Das arrives to attend a news conference after a monetary policy review in Mumbai, India, April 4, 2019.
MUMBAI, June 9 (Reuters) – Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor. enhance supervision of NBFCs, the central bank is putting in place a system to.
By Promit Mukherjee. MUMBAI (Reuters) – Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector.
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Mumbai: Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector. "We will not hesitate to take any required steps to maintain financial stability in the short-, medium- and long-term," Das.
India’s central bank is seeing "signs of fragility" in some of the 50 mortgage lenders and other shadow banks it is monitoring to prevent the spread of a crisis that followed the collapse of a non. RBI is closely monitoring 50 shadow banks to avoid crisis: Shaktikanta Das.. Reserve Bank of.
· Reserve Bank of India (RBI) governor Shaktikanta Das expects banks to pass on the rate cuts announced by the central bank during 2019 to borrowers quickly. The central bank has cut repo rate thrice by a total of 75 basis points during this calendar year..
New delhi: reserve bank of India (RBI) has yet to decide on whether to pay an interim dividend to the federal government, Governor Shaktikanta Das said. Earlier, Reuters reported that the central bank is likely to transfer an interim dividend of as much as Rs40,000 crore ($5.7 billion) to.
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Reserve Bank governor shaktikanta das monday said the central bank will discuss issuance of overseas sovereign bonds with the government. After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for shadow banking (NBFC) sector. "We are monitoring NBFCs and their operations.
RBI to enhance monitoring of shadow banking firms: Governor Shaktikanta Das Description: The regulator will soon issue final guidelines for liquidity risk management and will put in place a comprehensive information technology framework to strengthen surveillance of NBFCs, the governor said.