Tag: reserve bank of india

New banking regulations from the Reserve Bank of India are tightening the noose around the constellation of corporate current accounts. Gopul Shah of Golden Agri-Resources speaks to CorporateTreasurer about the ramifications.

The Reserve Bank of India will introduce an ceiling on the amount banks can lend one corporate entity in India, but not the amount one company can borrow. The ceiling could make borrowing above a certain threshold more expensive.

RBI has granted approval to Swift India to private messaging services for domestic banks in India; China and Singapore continue talks on FTA this year; RBI publishes its KYC rules; MAS reviews structuring of credit facilities; and much more.

India’s central bank grants licences for the new category of ‘payments bank’ to enable non-financial corporations to target individuals without bank accounts.

To provide more options for currency hedging, India has relaxed several restrictions to facilitate currency derivatives trading in the exchange market for both domestic and foreign participants.

Bharti Airtel have put forward their mobile reach as the most effectual solution to help India's perpetually unbanked.

About 25 large Indian corporates are expected to find refinancing challenging after RBI’s ban on external commercial borrowings. Private equity and mezzanine finance could rescue them.

India‘s ban on manufacturing and infrastructure companies' rupee borrowing from offshore Indian bank subsidiaries may raise their funding costs, lawyers say.

Asian nations built stockpiles of foreign reserves during 2013. Will increased FX reserve holdings help against expected volatility and which countries are prepared? CT asks the experts.

The Indian rupee shows signs of stabilising against the US dollar in October. What are the primary reasons for this and is it likely to be sustainable? CT asks the experts.

India's 200-basis-points commercial rates hike last month forced cash-strapped companies to start borrowing at shorter tenors. Those lucky enough to be cash-rich are being offered juicy deposit rates as banks plug their own funding gaps.

The Reserve Bank of India (RBI) has said its new key policy is rupee's stability. What is driving the rupee's weakness and what can India do curb it? CT asks the experts.