 | India Inc foreign borrowings jump over two-fold to USD 3.41 billion in OctoberIndian companies had raised USD 1.41 billion in borrowings from overseas markets in October 2018. |
 | Conversion to SFBs could lend more stability to payments banksTo convert into an SFB, payments banks have to complete five years of operations and meet certain eligibility norms. |
 | RBI to retain dovish bias going forward: ReportDas said the pause was temporary and the central bank wanted to assess the effect of its policy after reduction of 135 basis points in five policies this year. |
 | RBI to offer exposure norms for UCBsMove to avoid PMC Bank-like situation; UCBs with over I500 cr assets to be part of CRILC |
| Country’s economy is withering on the vine: RBISlashes GDP growth forecast for FY20 to 5% from the earlier projection of 7.4%, but keeps key rates unchanged |
 | RBI to introduce new prepaid payment instrumentAccordingly, the loading of such PPI will be only through a bank account and it could be used for making only digital payments such as bill payments and merchant payments, among others. |
 | Resoundingly surprised at RBI's decision to keep policy rates unchanged: Singapore's DBS bank'I cannot remember the last time there has been such a resounding surprise as far as the RBI decision is concerned,' said Taimur Baig, managing director at DBS Group Research. |
 | Markets end lower in a see-saw trade as RBI surprises with status quoOn the Sensex chart, Bharti Airtel, Tata Steel, IndusInd Bank, HeroMoto Corp and Tata Motors were among the major laggards. |
 | Repo rate explainer: Why is it important and how does its rise or fall affect you?The repo rate and inflation have an inverse relationship. If the rate is increased, it will bring down inflation and if the rate is lowered, inflation will go up. |
 | Realty players express disappointment over RBI decision to hold ratesThe real estate industry, in particular, has been facing some difficult times and with inventories piling up the need to push demand and encourage purchase is now more than ever. |
 | Forensic audit on PMC scam expected by month-end: Reserve Bank governor Shaktikanta DasThe RBI has also given its suggestions on changes in regulations that are required for regulating the cooperative bank sector better. |
 | We can't keep on slashing policy rates every time: Shaktikanta DasThe sharp decline in growth had many analysts assuming the RBI will deliver a rate cut on Thursday. |
| RBI doesn't know how low growth could sink and that's worrying!The shocking memories of Q1 growth at 5 per cent are probably still fresh and until the air is clear on the 'unknown knowns,' RBI is unlikely to make a move. |
 | RBI surprises by holding policy rates; slashes GDP growth outlook for 2019-20 to 5 per centAll the six members of the MPC voted in favour of a rate pause. The CPI inflation projection is revised upwards to 5.1-4.7 per cent for H2 FY20 and 4-3.8 per cent for H1 FY21. |
| Equities trade higher in opening deals ahead of RBI policy decisionThe Sensex gains were driven by heavyweight Reliance Industries, followed by automakers like Heromoto Corp and Tata Motors. |
