 | RBI to pay Rs 30,307 crore dividend to government for FY22Last year in May, RBI declared a dividend of Rs 99,122 crore for the nine-month period (July 2020 to March 2021). |
 | Mohalla clinics to be launched in Punjab on August 15Bhagwant Mann said 75 clinics of the Delhi pattern project would be launched in the first phase. |
 | Employment rate improved in Telangana post Covid, says RBI reportEmployment rate in Telangana has increased considerably post Covid-19 time, as per a report of Reserve Bank of India (RBI) that was released on Wednesday. |
| Repo rate likely to reach pre-Covid level by AugustRepo rate is likely to reach pre-pandemic level of 5.15% from the existing 4.4% by August, says a SBI report. |
 | Banks can continue providing credit to NBFCs for on-lending to priority sectors: RBIThese limits will be computed by averaging across four quarters of the financial year, to determine adherence to the prescribed cap, the circular said. |
| World on fire with inflation, RBI hems and hawsIt had, via the monetary policy committee, taken the decision to raise the repo rate (the rate at which the RBI lends money to banks) by 40 basis points. |
| RBI's rate hikes to weigh down on banking system credit growth: India RatingsThe tailwinds supporting a pick-up in credit growth will be in demand from the industry and services segments, even as growth in the agri segment remains stable and muted in the retail segment. |
 | RRA recommends withdrawal of 225 more circulars: RBIThe Reserve Bank of India had set up the Regulations Review Authority RRA 2.0 with an objective to reduce the compliance burden on regulated entities. |
 | RBI report on GDP loss ‘belies’ Finance Ministry estimatesThat’s Rs 219 crore output loss every hour as against the finance ministry’s forecast of Rs 110 crore. |
 | RBI imposes Rs 1.12 crore penalty on Bank of MaharashtraThe penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers. |
 | RBI's Monetary Policy Committee in meeting expresses concern over inflationWhile RBI decided to maintain status quo, it raised inflation forecast to 5.7 per cent for the current fiscal, up from its 4.5 per cent estimate in February. |
 | Hyderabad City Commissioner of Police holds cyber security meetThe meeting was held in wake of the recent cyber attack where Nigerian hackers siphoned off Rs 12.9 crore from Mahesh Bank, Hyderabad. |
| RBI may hike repo rate by 25 bps in June: ReportRetail inflation surged to 6.95 per cent on yearly basis in March 2022 as compared to 6.07 per cent in February 2022 mainly on account of spiralling food prices. |
 | Card-less cash withdrawal facility across all banks' ATM network soon: RBI"In addition to enhancing ease of transactions, the absence of the need for physical card for such transactions would help prevent frauds such as card skimming, card cloning," said das. |
 | RBI maintains status quo; leaves benchmark lending rate unchanged at 4 per centThis is the 11th time in a row that the Monetary Policy Committee headed by RBI Governor Shaktikanta Das has maintained the status quo. |
