| The Reserve Bank of India (RBI), in an attempt to
remove the financial bottlenecks that hinder the development of infrastructure, on Friday
abolished the ceiling on the quantum of term loans that can be granted by banks for a
single project.
The RBI’s specific policy changes vis-a-vis mutual
funds is expected to popularise Gilts among retail investors and impart depth to the `rate
swap and forward rate agreements markets or the rupee derivatives market. Besides, the
central bank has made life easier for money market mutual funds by bringing them under
Sebi regulation.
The Reserve Bank of India (RBI) has further relaxed
investment guidelines for non-resident Indians (NRIs). The RBI has granted general
permission to Indian companies for issuing non-convertible debentures (NCDs) by way of
public issue to NRIs/OCBs on a repatriation basis.
Our priority is to ensure enough
liquidity to promote growth
Jalan draws the line
Reserve Bank to cut banks, FIs exposure to firms to 15 per
cent
RBI may stop prescribing year-end YTMs
Banks to make all defaulters names public
Increase in FCNR(B) slab to pare
Centre’s short-term forex liability
Lending rate deregulation to put pressure on profitability
of banks
Driving on the reforms road
A positive message
Debt schemes of mutual funds will get a big push
Forward looking policy
Housing finance loan allocation is welcome
PLR slash is need of hour
Bagful of pro-active measures
RBI allows banks to lend below PLR
Home finance firms to see rise in flow of funds
Balanced approach
The Index
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