Setting up a BIC as a holding company or a core investment company was suggested by the P J Nayak Committee in its report on 'Governance of Boards of Banks in India'

The RBI paper, authored by Harendra Kumar Behera and Michael Debabrata Patra, finds that there is a steady decline in trend inflation to 4.1- 4.3 per cent since 2014

The CPI inflation continues to remain above 6 per cent throughout this year -- except in March -- higher than the Reserve Bank of India's comfort zone of 4-6 per cent

Sensex rose 212 points to 45,291 against previous close of 45,079. Nifty gained 64 points to 13,322 against previous close of 13,258

Sensex, Nifty updates on December 7:   During the session, Sensex gained 339 points to 45,418 and Nifty rose 96 points to 13,354.

Earlier in the day, RBI Governor Shaktikanta Das said the inflation trajectory has not panned as per the central bank's expectations and upped its target for the price rise situation in the next one year

The RBI continues to be in wait and watch mode as there is very limited scope on what monetary policy can achieve given GDP in contraction mode and inflation risk on upside, says economists at State Bank of India 

Weak confidence was attributed to the consumer sentiments on general economic situation, employment scenario, price levels and household incomes

RBI has allowed regional rural banks (RRBs) to access the liquidity adjustment facility (LAF) and marginal standing facility (MSF) in order to facilitate better liquidity management for these lenders

Following the news, Bharti Airtel share opened at Rs 486.35 and later touched an intraday high of Rs 497.60, rising 3.68% against the earlier close of Rs 479.95 on BSE. The stock also touched an intraday low of Rs 483.35

During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280. During the week, Sensex and Nifty have risen 929 points or 2.1% and 289 points or 2.23%, respectively.

The RBI Governor made this comment after the central bank on Thursday asked HDFC Bank to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers after recent service outages

While RBI continue to take an accommodative stance in monetary policy reviews to support growth,  it is now looking up to government to use duties and other measures, while also hoping winter to ease vegetable prices

The stock of the private sector lender has fallen 67% since the beginning of the year and over 74% in one year. YES Bank stock is trading higher than 5, 20, 50 and 100-day moving averages but lower than 200-day moving averages

The domestic unit opened at 73.81 per US dollar at the interbank forex market and gained 16 paise to 73.77 against the greenback over its previous close

Das says COVID-19 broke out even as the world was gripped by a synchronised slowdown in activity, which made the agony even more excruciating; adds RBI's role as debt manager and banker to government was tested to the hilt in 2020

Sensex rose 401 points to 45,033 against previous close of 44,632. Nifty too gained 117 points to 13,250, a fresh all-time high, against previous close of 13,133

The RBI's projection of 5.4-4.5 per cent CPI for the second half (Oct to March) of 2020-21 announced in October policy is also not holding up

Speaking at the Monetary Policy Committee (MPC) announcement, Das said that the CPI inflation is likely to be 6.8% for Q3 adding that it is pegged to come down to 5.8% for Q4

RBI Governor says he hopes second half of the fiscal year will show positive growth; inflation is likely to remain elevated with some relief in winter months from prices of perishables and bumper Kharif arrivals, adds Das