Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds ...More

Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing holders may maintain their investments. The bonds offer an attractive interest rate of 8.05%, bolstered by government guarantees. ...Less

Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the ...More

Indian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing bond-market volatility triggered by the West Asia crisis. Rising government bond yields have weighed sharply on banks’ treasury income. ...Less

The RBI's decision to keep the repo rate unchanged and retain a neutral stance signals policy continuity ...More

The RBI's decision to keep the repo rate unchanged and retain a neutral stance signals policy continuity over pre-emptive action. With inflation seen as temporary, financial conditions already tightening and global risks under watch, the central bank is expected to stay on hold in October unless macroeconomic conditions change materially. ...Less

RBI MPC Meeting at a Glance: The Reserve Bank of India has decided to uphold its policy repo rate at 5.25 ...More

RBI MPC Meeting at a Glance: The Reserve Bank of India has decided to uphold its policy repo rate at 5.25 percent, a choice made after considering the steady performance of the economy alongside climbing inflation expectations. Additionally, the central bank has elevated its GDP growth prediction for the fiscal year 2026-27, with inflation anticipated to be 5.0 percent for the ongoing financial year, influenced by global risks and the conditions of the monsoon. ...Less

2026 RBI MPC Meeting: The Reserve Bank of India maintained its repo rate at 5.25 percent on Wednesday. Th ...More

2026 RBI MPC Meeting: The Reserve Bank of India maintained its repo rate at 5.25 percent on Wednesday. This decision marks the fourth consecutive meeting without a change in the key interest rate. The central bank cited sticky inflation and geopolitical risks as reasons for its cautious approach. Global economic instability and trade uncertainties also influenced the committee's deliberations. The Monetary Policy Committee retained its neutral policy stance, reflecting ongoing external uncertainties. ...Less

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He high ...More

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proactive assistance to the sector recently. Shah also emphasized the safety of small borrowers for lenders. The National Urban Cooperative Finance and Development Corporation will relocate its head office. This move aims to strengthen the cooperative banking sector across key states. ...Less

RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate stead ...More

RBI MPC meeting August 2026 highlights: The Reserve Bank of India has decided to keep the repo rate steady at 5.25 percent, reflecting a cautious approach amid global instability and persistent inflation pressures. Despite these challenges, the domestic economy demonstrates resilience, with a projected GDP growth of 6.7 percent for the current fiscal year. Additionally, the central bank has adjusted its inflation forecast for FY27 downward. ...Less

RBI Monetary Policy Meeting 2026: The Reserve Bank of India's Monetary Policy Committee maintained the be ...More

RBI Monetary Policy Meeting 2026: The Reserve Bank of India's Monetary Policy Committee maintained the benchmark repo rate at 5.25 percent. Policymakers are carefully observing geopolitical uncertainties and rising inflationary pressures. Domestic economic growth remains resilient, which supports the central bank's decision. The committee also revised its growth and inflation projections for the current financial year. Analysts had largely anticipated this pause in policy action. ...Less

RBI Repo Rate: The Reserve Bank of India kept its benchmark repo rate steady at 5.25%. Policymakers cited ...More

RBI Repo Rate: The Reserve Bank of India kept its benchmark repo rate steady at 5.25%. Policymakers cited rising food and fuel costs as the primary inflation drivers. Global geopolitical tensions and volatile oil prices pose significant risks. Domestic economic growth remains resilient despite external headwinds. The central bank awaits greater clarity on inflation before any policy shift. ...Less

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-ban ...More

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) may increase operational challenges for lenders, reduce their returns and raise costs for borrowers, Kotak Institutional Equities said in a report. ...Less

RBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kep ...More

RBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kept the policy repo rate unchanged at 5.25 percent. The central bank cited resilient domestic economic activity and a better first quarter. Inflation risks from higher oil prices and weather shocks cloud the outlook. The RBI maintains a neutral stance, awaiting more clarity on inflation. ...Less

The RBI has flagged El Niño and an uneven southwest monsoon as key risks to agriculture, rural demand and ...More

The RBI has flagged El Niño and an uneven southwest monsoon as key risks to agriculture, rural demand and the broader economy, despite cutting its FY27 inflation forecast to 5%. Governor Sanjay Malhotra said government measures, including climate-resilient crops, water conservation and adequate foodgrain stocks, should cushion the impact, though volatile crude prices and geopolitical tensions continue to pose inflation risks. ...Less

RBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated en ...More

RBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to harmonize guidelines and address operational aspects of current lending rate benchmarks. The proposed changes will standardize market practices concerning interest charging and benchmark reset dates. These measures intend to improve transparency and strengthen monetary policy transmission across the system. ...Less

Banks must understand artificial intelligence deployment for future success. AI can enhance financial inc ...More

Banks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public good projects. Careless AI use risks new forms of exclusion and instability for banks. The RBI plans an approved AI governance policy and a testing sandbox. Banks need deliberate strategies, sustained investment, and strong governance for AI. ...Less

The RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral ...More

The RBI kept the repo rate unchanged at 5.25% for the fourth straight policy review, retained its neutral stance, raised its FY27 growth forecast to 6.7%, and lowered the inflation projection to 5%. It also announced revised loan pricing norms, plans to resume urban cooperative bank licences, and expressed confidence in India's economic resilience despite global uncertainties. ...Less

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil price ...More

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitical tensions cloud the near-term outlook for price stability. The central bank kept its repo rate unchanged at 5.25 percent. India's inflation projection for FY27 was lowered to five percent. The rupee faces pressure from higher oil prices and capital outflows. ...Less

Realtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home ...More

Realtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to sustain housing demand. The central bank kept its benchmark policy rate unchanged for the fourth consecutive meeting. RBI marginally raised the GDP forecast while slightly lowering the inflation projection. This policy continuity provides developers and homebuyers with planning certainty. ...Less

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities ...More

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report. ...Less

RBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the tech ...More

RBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain clear accountability for its outcomes, rather than simply adopting AI faster. Speaking at FIBAC 2026, he said AI will reshape risk assessment, customer service, capital pricing and banking operations, while India’s digital public infrastructure provides a strong base for AI adoption. ...Less

The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations ...More

The Reserve Bank of India will soon release a list of upper-layer NBFCs. New principle-based regulations will classify these financial companies into different layers. Companies in the upper layer will be required to publicly list their shares. Tata Sons may be included on this upcoming list of NBFCs. The central bank has not published this specific list since January 2025. ...Less

The Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required ...More

The Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required to reinstate device functionality within one hour of confirmation of payment. Additionally, borrower compensation is limited to the total loan amount. These regulations will take effect starting January 1, 2027. Furthermore, technology may be employed to limit device functions following a loan default. ...Less

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum ...More

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator. ...Less

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This st ...More

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth. ...Less

The real estate industry's leading organizations, CREDAI and NAREDCO, applaud the RBI's decision to maint ...More

The real estate industry's leading organizations, CREDAI and NAREDCO, applaud the RBI's decision to maintain the current repo rate. This move stabilizes home loan rates, which is anticipated to bolster housing demand and offer comfort to buyers. Additionally, the RBI has fine-tuned its GDP outlook and slightly adjusted inflation estimates. Developers emphasize that clear policies enhance project strategies and investment confidence, promoting a robust residential real estate market. ...Less

The Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These ...More

The Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks properly train recovery agents while ensuring they adhere to professional standards during the process. Borrowers will receive notifications regarding the recovery agents assigned to them, and all communications will need to be recorded. ...Less

RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is ...More

RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band, which could prompt future rate hikes. Banks monitor deposit-credit ratios and government security yields for rate decisions. High interest rates on small savings schemes also influence bank deposit offerings. Lenders may adjust fixed deposit rates soon based on these economic indicators. ...Less

Tata Sons may face renewed pressure to list if the RBI classifies it as an upper-layer NBFC under revised ...More

Tata Sons may face renewed pressure to list if the RBI classifies it as an upper-layer NBFC under revised principle-based norms. Governor Sanjay Malhotra said the new framework will simplify classification. With assets above the regulatory threshold, Tata Sons could be required to go public, reviving its long-running IPO debate. ...Less

The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits ...More

The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and NRE term deposits. This strategic shift ensures these loans will not factor into the mandatory priority sector lending requirements. Such measures have notably enhanced foreign exchange inflows. Additionally, there is a special facility available for banks to swap these deposits with the RBI. ...Less

The Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehen ...More

The Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring for rural cooperative banks is also planned. The central bank proposed standardizing lending rate frameworks for greater transparency. These announcements followed the decision to keep the policy repo rate unchanged. India's FY27 GDP growth forecast was raised to 6.7 percent. ...Less

Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless t ...More

Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency services remain accessible to borrowers. ...Less

The Reserve Bank of India will permit lenders to restrict devices bought on EMI financing. These restrict ...More

The Reserve Bank of India will permit lenders to restrict devices bought on EMI financing. These restrictions will be gradual and only after a loan is significantly overdue. Incoming calls and emergency functions will remain accessible to borrowers. Disclosure requirements for recovery agents have also been eased by the central bank. The new rules will be implemented from January 1, 2027. ...Less

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received ...More

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. Religare Finvest Ltd also received a similar communication from the regulator. However, stock exchanges have provided their no objection and observation letters. The company will engage with the regulator for further clarifications. ...Less

The RBI's decision to keep the repo rate unchanged at 5.25% for the fourth straight review has received a ...More

The RBI's decision to keep the repo rate unchanged at 5.25% for the fourth straight review has received a positive response from the real estate sector. Developers and consultants believe stable interest rates will support housing demand, boost buyer confidence and provide better visibility for project planning. However, rising construction costs remain a concern for affordability, especially in mid-income segments. ...Less

RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief ...More

RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This decision allows many borrowers to continue enjoying current low home loan interest rates. However, rising retail inflation and potential rate hikes may lead to higher interest costs soon. Homeowners can explore prepayment and refinancing options to manage future loan expenses. These strategies can help reduce overall interest paid and shorten loan tenures. ...Less

RBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% ...More

RBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% from 5.1%, citing softer global crude oil prices and easing supply-side pressures. RBI Governor Sanjay Malhotra said higher inflation is largely driven by food and fuel, while core inflation remains benign. He expects headline inflation to peak in the third quarter of FY27 before moderating. ...Less

The Reserve Bank of India has placed Tata Sons under intensified regulatory oversight. This designation w ...More

The Reserve Bank of India has placed Tata Sons under intensified regulatory oversight. This designation will not influence its ongoing bid to relinquish its NBFC license. Tata Sons had cleared its debts and sought deregistration approximately two years ago. The regulator is expected not to mandate a listing until the application is resolved, which, in turn, affects the philanthropic ventures and investments of Tata Trusts. ...Less

Indian government bonds saw a notable rise on Wednesday morning, propelled by falling oil prices that cre ...More

Indian government bonds saw a notable rise on Wednesday morning, propelled by falling oil prices that created a favorable outlook for inflation prior to the upcoming RBI policy announcement. The Reserve Bank of India is anticipated to hold steady on key interest rates. Inflation projections will significantly inform the central bank's advice, while overnight index swap rates dipped sharply in the initial trading session. ...Less

Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy an ...More

Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of India is widely expected to maintain its key policy rate unchanged on Wednesday. Rising oil prices, however, limited the upward movement in bond yields during the session. Traders will closely monitor the RBI for guidance on liquidity and economic forecast revisions. ...Less

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorpti ...More

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher currency in circulation and maturing forward positions. Banking system liquidity is expected to peak in September due to FCNR(B) deposit inflows. Economists anticipate a surplus of around ₹4-5 lakh crore in the banking system. The central bank will then begin withdrawing excess liquidity through durable absorption measures. ...Less

Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offeri ...More

Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products. The proposal exempts NBFCs authorised to issue credit cards and is aimed at strengthening prudential norms while encouraging innovation in lending. ...Less

The Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has ...More

The Reserve Bank of India will resume issuing new licenses for urban cooperative banks. This process has been paused for over two decades due to past financial instability. Draft guidelines for resuming UCB licensing have now been issued by the central bank. The operating environment for these banks has significantly transformed since 2004. This move follows extensive feedback on a discussion paper concerning UCB licensing. ...Less

The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment an ...More

The RBI’s decision to keep the repo rate unchanged at 5.25% is expected to support homebuyer sentiment and sustain housing demand during the festive season, according to real estate industry experts. The central bank also retained its neutral policy stance, citing uncertainties around inflation, monsoon trends, El Niño, geopolitics and global trade policies. ...Less

The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attra ...More

The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars into the country. Governor Sanjay Malhotra expressed satisfaction with the robust foreign exchange inflows. The central bank expects more funds to arrive in the coming weeks. There are no current plans to prematurely close this successful mobilization window. ...Less

Some banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State ...More

Some banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State Bank of India have revised their earlier rate hike forecasts. MUFG Bank has also pushed back its expected policy rate hike timing. Other banks maintain their forecasts for cumulative rate increases this fiscal year. Inflation projections remain sensitive to future crude oil price movements. ...Less

Plastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of Ind ...More

Plastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after completing field trials. These polymer notes will be introduced in ten and twenty rupee denominations. They are expected to be more durable and last significantly longer. Existing paper notes will continue to circulate alongside the new plastic ones. ...Less

A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI ...More

A Kanpur woman has alleged that jewellery and valuables worth around Rs 50 lakh went missing from her SBI bank locker. Here’s what RBI rules say about bank liability, negligence and compensation for locker-related losses. ...Less

India's residential property sector remains robust, driven by consistent demand and advancements in infra ...More

India's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of India's choice to hold the repo rate steady bolsters this positive trend, allowing homebuyers and property developers to make informed, future-focused decisions. With favorable financing conditions, developers can efficiently organize their project timelines and pricing, reinforcing a thriving residential market. ...Less

India's economic growth will likely moderate in the second half of FY27. Growth may strengthen to around ...More

India's economic growth will likely moderate in the second half of FY27. Growth may strengthen to around 7.2 per cent in FY28, says ICICI Bank. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent. Most high-frequency indicators point to robust growth in the first quarter. RBI sees risks to both growth and inflation as evenly balanced. ...Less

Know about history of Indian rupee: India's currency evolved from diverse regional money to a unified rup ...More

Know about history of Indian rupee: India's currency evolved from diverse regional money to a unified rupee. The Reserve Bank of India was established in 1935 to manage currency issuance. Decimalisation in 1957 changed how Indians counted their money. Today, digital payments and CBDC are transforming transactions. Polymer banknotes are now being trialled for future use. ...Less

Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occ ...More

Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occurs as core inflation remains low, contrary to earlier expectations. The central bank maintained its current rates and lowered inflation forecasts for this fiscal year. Overnight indexed swap rates also signal fewer rate hikes over the next twelve months. India's monetary policy stance differs from other Asian economies responding to oil price spikes. ...Less

The Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit ...More

The Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital of Rs 300 crore and Rs 10,000 crore deposits. Applicants must show positive financial trends and sound credentials over five years. Societies with over ten years of existence and multi-state presence are eligible. The central bank will assess the fit and proper status of directors before approval. ...Less

Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among ...More

Tata Investment Corp and Tata Chemicals shares rallied up to 7% after the RBI classified Tata Sons among the 16 upper-layer NBFCs, reviving focus on the holding company's potential listing. The central bank is also examining Tata Sons' application to surrender its core investment company registration. ...Less

Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest e ...More

Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 percent. Housing and vehicle loans, and gold jewellery loans showed robust growth. Credit to industry expanded by 6.7 percent, while services sector credit grew 17.6 percent. Agriculture and allied activities credit increased significantly by 17.9 percent. ...Less

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This schem ...More

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to one hundred billion dollars by its closing date. These inflows are helping to stabilize the Indian rupee after a period of weakness. Additionally, tax-free government bonds are attracting foreign investment and improving capital flows. ...Less

The Reserve Bank of India maintained its benchmark repo rate at 5.25 percent. Inflationary expectations w ...More

The Reserve Bank of India maintained its benchmark repo rate at 5.25 percent. Inflationary expectations were lowered to 5 percent for fiscal year 2027. Growth projections were raised to 6.7 percent, anticipating economic momentum. Geopolitical uncertainty and monsoon patterns pose potential risks to the outlook. The central bank remains committed to price and financial system stability. ...Less

The Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated in ...More

The Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated inflation risks and the FCNR(B) deposit scheme closure influence this decision. The central bank will adopt a hawkish tone while monitoring monsoon progress and global factors. Most economists anticipate future rate hikes if inflationary pressures intensify significantly. The RBI prioritizes inflation control, balancing growth with supply-side price pressures. ...Less

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic impor ...More

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on Banking Supervision's framework. ...Less

The Kochi-based microfinance company received sanction letters from overseas investors in January and it ...More

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw down the funds. ...Less

Indian government bonds finished the week with little change on Friday, yet celebrated their first gain i ...More

Indian government bonds finished the week with little change on Friday, yet celebrated their first gain in five weeks. A decline in oil prices and a calming tone from the central bank helped elevate demand for these bonds. The Reserve Bank of India opted to keep its repo rate steady, alleviating concerns over potential rate hikes in the near future. ...Less

India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed t ...More

India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their highest point in more than two months. Foreign currency assets, the largest reserve component, increased substantially during the reporting week. Gold reserves also registered a notable gain, contributing to the overall increase. Special Drawing Rights and reserve position with the IMF also saw modest growth. ...Less

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economi ...More

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank's decision reflects confidence in the domestic economy's resilience. This move supports credit flow to productive sectors and financial inclusion. ...Less

The rupee remained stable as traders awaited the Reserve Bank of India's policy announcement. Foreign ban ...More

The rupee remained stable as traders awaited the Reserve Bank of India's policy announcement. Foreign bank dollar sales and importer hedging demand influenced currency movements throughout the day. Banking system liquidity improved, leading to lower forward premiums on dollar-rupee trades. Economists anticipate the central bank will maintain current policy rates but adopt a hawkish stance. Indian equities faced pressure, while bonds saw yields drift lower amid global market shifts. ...Less

The Indian rupee weakened by 11 paise against the US dollar, closing at ₹95.28. A firming dollar, driven ...More

The Indian rupee weakened by 11 paise against the US dollar, closing at ₹95.28. A firming dollar, driven by rising global crude oil prices and ongoing West Asia tensions, pressured the rupee. While RBI intervention offered some support, the market remains watchful of geopolitical uncertainties impacting currency movements. ...Less

New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. ...More

New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. Banks will gain flexibility in setting interest rates for bulk deposits of three crore rupees and above. These institutions must now publish bulk deposit rates on their websites daily by ten AM. ...Less

In a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for ...More

In a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initiative seeks to promote transparency and bring consistency among financial institutions. While the new regulations are not expected to cause major shifts in loan EMIs or integrate NBFCs into the external benchmark framework, they will standardize operational practices and reinforce consumer protection strategies. ...Less

The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have stre ...More

The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of payments position. The central bank has not received any proposals for extending the deadline. This facility allows banks to swap overseas borrowings at concessional rates. The swap window has already attracted significant dollar inflows by July. ...Less

The Supreme Court has directed the RBI to create a standard operating procedure for mule accounts. States ...More

The Supreme Court has directed the RBI to create a standard operating procedure for mule accounts. States and Union Territories must operationalize grievance and money restoration modules promptly. Cybercrime coordination centers need notification within four weeks, adopting the e-Zero FIR mechanism. Intermediaries and ministries will examine technological measures to prevent digital arrest scams. ...Less

Deposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap repor ...More

Deposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit mobilisation remained resilient even with lower real returns. RBI's foreign exchange management enabled recouping foreign exchange reserves and vacating short-term forward positions. The central bank's policy communication showed a predominantly dovish profile, and loan pricing standardization is expected to enhance transparency. ...Less

The Reserve Bank of India rejected Religare Enterprises' proposed demerger plan. This decision came despi ...More

The Reserve Bank of India rejected Religare Enterprises' proposed demerger plan. This decision came despite stock exchanges signaling their no-objection to the proposal. Religare Enterprises stated it would engage further with the regulator for clarifications. The company's share price saw a significant drop following the announcement. ...Less

The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new p ...More

The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to increase transparency and ensure uniformity across lending. The proposed changes are unlikely to affect EMIs or bring NBFCs into the external benchmark regime. Governor Sanjay Malhotra stated this move will improve consumer protection and rationalise existing norms. ...Less

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-e ...More

In an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover substantial written-off loans. The SWAMIH Fund has been effective in funding 147 projects, benefitting many home buyers. Interestingly, defaults on gold loans have plummeted for both banks and NBFCs. Moreover, Kisan Credit Card accounts now reflect over Rs 10 lakh crore in outstanding credit. ...Less

India’s retail inflation likely rose to 4.50% in July from 4.38% in June, according to a Reuters poll of ...More

India’s retail inflation likely rose to 4.50% in July from 4.38% in June, according to a Reuters poll of 40 economists, marking a second straight month above the RBI’s 4% medium-term target. ...Less

Economists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. ...More

Economists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected to keep its neutral monetary policy stance for the fourth review. Some economists foresee a potential rate hike in the second half of fiscal year twenty twenty-seven. Inflation forecasts for fiscal year twenty twenty-seven are divided among surveyed economists. ...Less

In a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking fina ...More

In a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, NBFCs will be restricted to providing only term loans, effectively barring revolving credit offerings, though those currently authorized to issue credit cards are not affected. Standalone NBFCs will require prior permissions and significant funding to independently offer credit cards. The central bank is actively seeking input on these upcoming policies. ...Less

The Indian rupee gained twenty-six paise on Wednesday, ending the session at ninety-five point eleven per ...More

The Indian rupee gained twenty-six paise on Wednesday, ending the session at ninety-five point eleven per dollar. This positive movement was aided by a decrease in oil prices. In addition, the Reserve Bank of India opted to keep its key interest rates unchanged while awaiting more definitive inflation data, as the situation around oil prices remains unpredictable. ...Less

Consumer goods companies' planned price hikes could pressure inflation despite the RBI's outlook. Elara C ...More

Consumer goods companies' planned price hikes could pressure inflation despite the RBI's outlook. Elara Capital expects the Reserve Bank of India to maintain interest rates through 2026. A potential rate hike is possible in early 2027 if inflation pressures intensify. The central bank may overlook El Nino-led food inflation unless it becomes entrenched. Global central bank actions could influence the RBI's future policy decisions. ...Less

India anticipates a balance of payments surplus in FY27. Stronger capital inflows and higher foreign dire ...More

India anticipates a balance of payments surplus in FY27. Stronger capital inflows and higher foreign direct investment will support this positive external position. Headline inflation for fiscal year twenty twenty-seven has been revised lower to five percent. Domestic activity improvements and easing supply pressures also boost GDP growth projections. ...Less

Indian government bonds saw a slight increase early Thursday, continuing Wednesday's strong rally. The Re ...More

Indian government bonds saw a slight increase early Thursday, continuing Wednesday's strong rally. The Reserve Bank of India's dovish stance and falling oil prices supported this upward movement. Investors remain cautious, however, as New Delhi prepares for a significant bond auction on Friday. This auction will test market demand and the sustainability of the recent bond price gains. ...Less

Indian equity benchmarks ended lower, snapping a four-session winning streak amid expiry-day volatility a ...More

Indian equity benchmarks ended lower, snapping a four-session winning streak amid expiry-day volatility and the new closing auction system. Sensex fell 210 points and Nifty lost 159 points, while investors tracked RBI policy, crude oil trends and global bond yields. ...Less

The Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in t ...More

The Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward premiums fall in anticipation of the Reserve Bank of India's impending policy meeting, traders express muted expectations regarding its effect on the rupee. Essential drivers include the fluctuating oil prices, the dollar's performance, and potential RBI interventions. ...Less

The Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants w ...More

The Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo rate to remain unchanged. Experts believe the central bank will focus on domestic inflation and growth. Global uncertainties and elevated crude oil prices are closely monitored. Future policy decisions will consider these evolving domestic and external factors. ...Less

The rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from imp ...More

The rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dollar index and improved risk sentiment. Lower oil prices and a softer US dollar also supported the rupee's movement. Market participants are now awaiting the upcoming RBI MPC decision and key US economic data. Foreign portfolio inflows into Indian equities provided additional support for the rupee. ...Less

Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy re ...More

Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-day rule on deploying overseas funds. The requirement is also creating difficulties for minors holding foreign accounts under the Liberalised Remittance Scheme. ...Less

The Reserve Bank of India has appointed Monisha Chakraborty as Executive Director. She will now oversee f ...More

The Reserve Bank of India has appointed Monisha Chakraborty as Executive Director. She will now oversee foreign exchange and financial markets regulation departments. Chakraborty brings over three decades of experience from her career at the central bank. Her previous roles included Chief General Manager-in-Charge in the Department of Supervision. She holds degrees in Economics and Business Economics from Delhi University. ...Less

The Indian rupee is poised for stability against the dollar throughout this financial year. Initiatives t ...More

The Indian rupee is poised for stability against the dollar throughout this financial year. Initiatives to entice dollar investments and a decline in commodity prices are expected to mitigate risks. With foreign investors returning to Indian equity and debt markets, actions from the central bank should help minimize significant currency fluctuations in the short term. Additionally, Indian bonds could stabilize at a yield of approximately 6.70%. ...Less

The Reserve Bank of India's Monetary Policy Committee is meeting to decide on interest rates. The committ ...More

The Reserve Bank of India's Monetary Policy Committee is meeting to decide on interest rates. The committee must balance inflation concerns with the need to support economic growth. External factors are largely blamed for India's current economic challenges. The RBI's actions and communication are crucial for market stability. Greater dissent among committee members could lead to better policy decisions. ...Less

Indian government bonds surged on Wednesday, with yields falling below important levels. The Reserve Bank ...More

Indian government bonds surged on Wednesday, with yields falling below important levels. The Reserve Bank of India decided to keep the repo rate steady, in line with anticipated market outcomes. A drop in oil prices helped ease inflation fears, supporting the economy. This favorable policy not only uplifted bond markets but also stimulated capital inflows, resulting in reduced overnight index swap rates. ...Less

Household savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost i ...More

Household savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI enhanced financial system resilience by adjusting consumer credit risk weights. Income tax exemptions and GST rationalization support household disposable incomes. Focus on ease of doing business fosters overall income growth. ...Less

Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is re ...More

Tata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration application. This classification mandates stricter regulations for at least five years. Tata Trusts wants Tata Sons to remain privately held. The Shapoorji-Pallonji Group seeks to unlock value through a listing. ...Less

The commerce ministry announced EXIM Bank will implement export credit interest subvention. This transiti ...More

The commerce ministry announced EXIM Bank will implement export credit interest subvention. This transition from the Reserve Bank of India is effective April 1, 2026. EXIM Bank will manage all operational aspects and claim settlements. The Reserve Bank of India will process claims for the January to March 2026 quarter. ...Less

Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The ...More

Housing and Urban Development Corporation Ltd expects its loan book to exceed two lakh crore rupees. The company plans to borrow seventy-five thousand crore rupees from domestic and overseas markets. HUDCO has already raised twenty thousand crore rupees in the first quarter of this fiscal. ...Less

He also shares why India deserves a place in every diversified global portfolio, the structural themes th ...More

He also shares why India deserves a place in every diversified global portfolio, the structural themes that could drive wealth creation over the next decade, and the role alternative investments can play in strengthening NRI portfolios. ...Less

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and f ...More

Under RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, opening a direct, bank-free payments channel for India's MSME economy. ...Less

India's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India interve ...More

India's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency neared a record low. This intervention followed a surge in crude prices impacting Asian oil importers. The RBI's actions helped lift the rupee further away from its all-time low. Foreign exchange reserves are rising, providing ammunition for future currency defense. ...Less

The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows re ...More

The Reserve Bank of India has classified Tata Sons as an Upper Layer NBFC. This classification follows revised norms for financial companies with significant assets. Tata Sons now faces enhanced regulatory and supervisory scrutiny from the central bank. The company must also comply with listing requirements within three years. This move impacts systemically important non-banking financial companies across India. ...Less

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over ...More

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) deposits, with economists projecting inflows could reach $100 billion. The programme is aimed at strengthening India's external defences and ensuring dollar liquidity during global volatility, rather than boosting the rupee, which has remained largely unchanged. ...Less

Indian benchmark indices ended lower on Tuesday, snapping a four-day winning streak as the Sensex dropped ...More

Indian benchmark indices ended lower on Tuesday, snapping a four-day winning streak as the Sensex dropped 210 points to 78,429 and the Nifty fell 159 points to 24,615. Volatility stemmed from weekly expiry and discrepancies under the newly introduced Closing Auction Session (CAS) framework, which triggered forced square-offs ahead of the RBI policy outcome. ...Less

Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central ...More

Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in foreign exchange influx, of which $36.7 billion derived from Foreign Currency Non-Resident deposits. Support also came through swap facilities for External Commercial Borrowings and Overseas Foreign Currency Borrowings, showcasing the sound financial strategies in place. ...Less

The government has approved polymer banknotes for field trials and regular issuance. Inflation has declin ...More

The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressures exist. The Goods and Services Tax Council introduced a two-rate structure for goods. Customs duty and excise duty reductions aim to contain price pressures. Disposable income increased, supporting household consumption and economic growth. ...Less