RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partne ...More

RBI Governor Sanjay Malhotra urged banks to embrace digital transformation and view MSMEs as vital partners, not just compliance. Speaking at International MSME Day, he stressed investing in technology, R&D, and innovation for entrepreneurs. Malhotra highlighted the need for financial institutions to leverage digital infrastructure like Account Aggregator and ULI for efficient, data-driven credit. ...Less

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entre ...More

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He noted strong credit growth in Kerala's MSME sector and detailed RBI's initiatives to bridge credit gaps, including enhanced collateral-free loans and the Trade Receivables Discounting System. Banks were urged to partner with MSMEs, with the upcoming Unified Lending Interface set to simplify credit access. ...Less

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing th ...More

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor incoming economic data amidst global uncertainties. He highlighted the 'neutral' policy stance reflects this caution. While acknowledging reduced upside risks from easing oil prices, Malhotra stressed the need for continued observation of crude prices and monsoon progress for inflation management. ...Less

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This p ...More

Indian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This positive momentum was fueled by the RBI Governor's indication that further rate hikes are premature, coupled with a rebound in global equities. Key sectors like IT and private banking saw substantial gains, while a dip in oil prices and hopes for an India-US trade deal also bolstered investor confidence. ...Less

Indian government bonds saw a significant rally for the fourth consecutive day, buoyed by falling oil pri ...More

Indian government bonds saw a significant rally for the fourth consecutive day, buoyed by falling oil prices and positive sentiment from foreign inflows and the Reserve Bank of India's cautious stance on rate hikes. This surge occurred ahead of a substantial debt sale, with benchmark yields dropping. Overseas investors are showing strong interest, marking the highest monthly inflow in two years, potentially driven by index inclusion expectations. ...Less

Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing d ...More

Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers relief on inflation and growth, uncertainties surrounding crude oil prices and the monsoon necessitate continued vigilance. The central bank is closely monitoring potential inflation spillover effects and external challenges, maintaining a wait-and-watch approach for future policy moves. ...Less

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay ...More

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micro, Small and Medium Enterprises (MSMEs) as India's "entrepreneurship nursery" and said the central bank will continue to extend strong support to the segment. ...Less

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. ...More

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabilize the rupee now, the country must strengthen its balance of payments over the next three to five years. Otherwise, as foreign currency borrowings and deposits mature, the reversed inflows could pressure the rupee again, requiring a robust BoP or larger reserves. ...Less

Indian markets surged on Wednesday, reversing Tuesday's losses, buoyed by falling crude oil prices and a ...More

Indian markets surged on Wednesday, reversing Tuesday's losses, buoyed by falling crude oil prices and a positive sentiment from the monsoon's arrival. Key sectors like banking and IT led the gains, with analysts pointing to expectations of discounted Iranian crude benefiting the economy. Despite mixed Asian markets, domestic investors showed strong buying, offsetting foreign outflows, as the VIX eased. ...Less

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing pote ...More

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liquidity. Key concerns include a contraction in export credit, a proposed restriction on future exports for delayed payments and procedural hurdles in merchanting trade and the EDPMS system. ...Less

Economists are split on how a weak monsoon will affect food prices, with some believing falling oil price ...More

Economists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others warn of El Nino's impact on sowing and food costs. The Reserve Bank of India is unlikely to raise interest rates soon, preferring to wait for clarity on the monsoon's agricultural and inflation effects. ...Less

The Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Pr ...More

The Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of School Education and Agriculture, in connection with the misappropriation of government funds from the account of Haryana School Shiksha Pariyojna Parishad (HSSPP) and Haryana State Agriculture Marketing Board (HSAMB) maintained with the Sector 32, Chandigarh branch of IDFC First Bank. ...Less

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by foo ...More

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by Yuvika Singhal, an economist at QuantEco Research. India’s cumulative rainfall was 43% below normal as of June 22. ...Less

Reserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflati ...More

Reserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflation hasn't broadly impacted consumer prices. The central bank remains in a 'wait-and-watch' mode, closely monitoring global uncertainties and the monsoon's progress. While acknowledging improved outlooks, risks persist, but India is well-prepared for challenges. The RBI has revised inflation forecasts upwards and growth forecasts downwards for the fiscal year. ...Less

The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms ...More

The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for financed receivables. This move aims to reduce credit risk, boost lender participation, and improve liquidity in the receivables financing ecosystem. The revised framework also streamlines onboarding, permits insurance cover, and strengthens the legal enforceability of TReDS transactions, fostering a more robust marketplace for working capital. ...Less

The Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical ...More

The Reserve Bank of India is adopting a cautious "wait and watch" approach regarding global geopolitical shifts and monsoon progress. Governor Sanjay Malhotra stated that while inflation hasn't broadly impacted consumer prices, uncertainties persist. He highlighted that de-escalation in West Asia is positive, but risks remain. The RBI is monitoring crude prices and monsoon impact on growth, confident in India's preparedness for challenges. ...Less

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.2 ...More

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as the US-Iran peace agreement reduces geopolitical uncertainty, while it monitors food and fuel price pass-through before acting, BofA Securities said in a note on the June MPC minutes. ...Less

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike n ...More

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disruptions and embedded input cost pressures require close monitoring. While financial conditions appear restrictive, strong foreign currency inflows from new deposit and borrowing schemes could influence future monetary policy, with the RBI balancing growth concerns against inflation projections. ...Less

Indian markets rallied on Wednesday, with Sensex and Nifty gaining up to 1% amid easing crude prices, sup ...More

Indian markets rallied on Wednesday, with Sensex and Nifty gaining up to 1% amid easing crude prices, supportive global cues and optimism over India-US trade talks. Analysts highlight key technical levels for Nifty, while stock-specific action was seen in banking, IT, infrastructure and midcap counters across NSE trading data. ...Less

Reserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata ...More

Reserve Bank of India Governor Sanjay Malhotra met West Bengal Chief Minister Suvendu Adhikari in Kolkata. They discussed key economic issues concerning the state. This meeting holds significance given Bengal's financial situation. The state government is set to present its budget soon. The RBI plays a crucial role in monitoring state finances. ...Less

The Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including G ...More

The Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and Tata Trust Chairman Noel Tata attended the meeting at Bombay House. Discussions did not include Chandrasekaran's tenure extension or the potential listing of the holding company. ...Less

The Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work i ...More

The Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dismissed a plea by Animesh Bakuli, a senior assistant, who was compulsorily retired. Bakuli was absent without permission for an extended period. The court found the RBI's decision to be valid and not suffering from any infirmity. ...Less

The Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has ena ...More

The Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interest rates, exceeding 7%. This allows NRIs to leverage these deposits for potentially greater returns, though risks associated with fluctuating borrowing costs and foreign taxes remain. ...Less

The Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Mal ...More

The Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to discontinue the measure. This rule limits overnight unhedged exposure to curb pressure on the rupee. The RBI implemented this at the end of March to stabilize the currency. ...Less

With foreign exchange reserves reaching an impressive $682.3 billion, India stands on solid economic grou ...More

With foreign exchange reserves reaching an impressive $682.3 billion, India stands on solid economic ground. RBI Governor Sanjay Malhotra has assured that these reserves are more than sufficient. The nation's economic landscape is further brightened by recent trade deals with the UK, New Zealand, and others, while discussions continue with the US and Canada to amplify global trade relations. ...Less

The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Sc ...More

The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity access to all Persons Resident Outside India. ...Less

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must b ...More

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific rules. This comes after allegations that HDFC Bank routed differential interest payments to a state agency through its marketing budget. HDFC Bank has denied these claims, stating its internal controls are strong. ...Less

The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an un ...More

The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an uncertain food outlook. Governor Sanjay Malhotra warned that higher input costs could further pressure CPI inflation. Petrol and diesel price hikes are expected to directly impact headline inflation in the coming months. ...Less

Reserve Bank of India Governor Sanjay Malhotra anticipates a potential impact on rural demand and private ...More

Reserve Bank of India Governor Sanjay Malhotra anticipates a potential impact on rural demand and private consumption due to a projected monsoon deficiency. He noted that mitigation measures are in place to lessen these effects. Rising input costs and supply disruptions also pose risks to economic activity, he said. ...Less

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India ...More

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attract foreign investment in government securities. Experts suggest these steps are positive for the banking sector. However, caution is advised, with a focus on quality banks possessing strong fundamentals. ...Less

The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman's term fo ...More

The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman's term for another two years with effect from June 26, 2026, the central bank announced Friday. ...Less

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging ...More

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This move aims to attract significant foreign currency inflows. Industry estimates suggest up to $40 billion could be raised. These measures will strengthen India's foreign exchange reserves. This will help manage rupee depreciation pressures. ...Less

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now ...More

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps for overseas borrowing until September 2026. Bankers suggest the RBI needs to cover at least half the hedging costs for this to make borrowing abroad cheaper and viable for these companies. ...Less

India's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these ...More

India's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. Despite recent declines, reserves remain sufficient for imports and external debt. Policy reforms and trade agreements are expected to boost the economy. India is well-positioned to handle global economic challenges. ...Less

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This c ...More

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announced it would cover hedging costs for new 3 to 5 year FCNR(B) deposits. This initiative benefits Non-Resident Indians and others. Central Bank of India is offering a 6% interest rate on these deposits. ...Less

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) dep ...More

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on a $10,000, 5-year FCNR(B) deposit. ...Less

India's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegeta ...More

India's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel costs. This trend marks a shift from the previous 15 months of below-target inflation, with economists anticipating further upward pressure due to elevated wholesale prices and potential monsoon impacts. ...Less

The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool ...More

The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This significant increase in forward dollar sales, particularly in offshore markets, aims to curb excessive volatility driven by factors like oil price shocks and speculative pressures. ...Less

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move ...More

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than during the 2013 currency crisis when overseas remittance limits were tightened. Instead, authorities are encouraging state-owned firms and banks to raise dollars abroad and bring them back to India, while offering concessions on hedging costs. ...Less

RBI monetary policy meeting: India's monsoon season is critical for farms and prices. A weak monsoon coul ...More

RBI monetary policy meeting: India's monsoon season is critical for farms and prices. A weak monsoon could impact crop yields and raise food costs. The Reserve Bank of India is watching weather closely. Inflation has already risen slightly. Experts warn of price pressures from rain, energy, and currency. Monsoon outcomes will shape India's economic path. ...Less

RBI MPC Meeting June 2026: The Reserve Bank of India's Monetary Policy Committee begins a crucial three-d ...More

RBI MPC Meeting June 2026: The Reserve Bank of India's Monetary Policy Committee begins a crucial three-day meeting, with a policy announcement expected on June 5. Markets are closely watching for signals on interest rates amid rising crude oil prices and rupee pressure, though inflation remains contained. Economists largely anticipate the repo rate to remain unchanged at 5.25%. ...Less

Reserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. ...More

Reserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. He raised the FY27 inflation forecast to 5.1 percent due to global factors. Monetary policy actions will depend on inflation becoming broad-based and persistent. The central bank will monitor global supply chain pressures and monsoon impact closely. ...Less

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis ...More

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and diesel prices. The Reserve Bank of India warns that elevated energy costs and supply disruptions will impact economic activity. Global factors are also contributing to broader inflationary pressures. The central bank has maintained its key repo rate and policy stance. ...Less

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. ...More

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these deposits more attractive to overseas depositors. Banks expect to offer higher interest rates, potentially up to 100 basis points. This initiative seeks to increase dollar inflows through banking channels and revive interest in FCNR(B) deposits. ...Less

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. ...More

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more overseas funds. Banks can now offer higher interest rates to non-resident depositors. This is expected to increase dollar inflows into India. The facility is available for deposits with three to five years tenure until September 30. ...Less

The Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens ...More

The Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity instruments. This revised policy allows NRIs and OCIs to invest more in these instruments through the stock market, enhancing investment access for Indians abroad. ...Less

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra announced the Monetary Poli ...More

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra announced the Monetary Policy Committee's (MPC) decision, with repo rate remaining unchanged at 5.25%. At its previous policy review in April, the RBI had kept rates unchanged, choosing to closely monitor the evolving geopolitical situation and its potential impact on energy prices, inflation and economic activity. ...Less

The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the ...More

The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI investment norms in government securities. This move, coupled with the central bank's assertion of robust forex reserves, boosted investor confidence. The RBI also maintained its repo rate at 5.25% and adjusted GDP and inflation projections. ...Less

RBI MPC Meeting June 2026: All eyes are on the Reserve Bank of India today as Governor Sanjay Malhotra an ...More

RBI MPC Meeting June 2026: All eyes are on the Reserve Bank of India today as Governor Sanjay Malhotra announces the Monetary Policy Committee's decision. This crucial announcement will reveal the central bank's stance on interest rates and inflation. Investors are keenly awaiting signals on economic growth and stability amidst global uncertainties. The outcome will guide market sentiment for the coming months. ...Less

India has eliminated long-term capital gains tax on FII investments in government securities, effective A ...More

India has eliminated long-term capital gains tax on FII investments in government securities, effective April 1, 2026, to attract foreign capital and support the rupee. The RBI also expanded the Fully Accessible Route for government bonds and raised investment limits for NRIs and OCIs to boost foreign portfolio investments amid market pressures. ...Less

The RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflo ...More

The RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of payments. The central bank expects significant overseas funds to enter the country through various channels. These initiatives are designed to make it easier for foreign investors to participate in India's financial markets. ...Less

RBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo ra ...More

RBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also kept its policy stance neutral. This decision comes as India navigates a challenging global economic landscape. The RBI remains confident in India's ability to manage these global shocks. Economic growth projections for FY26 are unchanged, while FY27 sees a slight revision. ...Less

The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives ...More

The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B) deposits. These steps aim to strengthen external buffers and support the rupee amidst market outflows. The central bank also maintained its policy rate at 5.25% and a neutral stance, while revising inflation and growth forecasts. ...Less

Indian stock markets may remain under pressure this week amid persistent FII selling, weak global cues, r ...More

Indian stock markets may remain under pressure this week amid persistent FII selling, weak global cues, rising geopolitical tensions in West Asia and elevated crude oil prices. While RBI’s policy measures and steps to attract foreign capital could support sentiment, investors will closely track monsoon progress, inflation concerns, global market trends and institutional flows for further market direction. ...Less

State Bank of India Managing Director Rama Mohan Rao Amara welcomes the government's move to exempt forei ...More

State Bank of India Managing Director Rama Mohan Rao Amara welcomes the government's move to exempt foreign investors from capital gains tax on Indian government securities. This decision aims to attract foreign capital when emerging markets face global pressure. Amara believes this will encourage foreign portfolio investors to reconsider Indian debt. ...Less

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers asse ...More

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy prices and supply chain issues. The ongoing West Asia conflict is a key factor. Home loans and business borrowing costs are expected to remain stable. Savers will likely see fixed deposit rates stay near current levels. ...Less

India's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizin ...More

India's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizing the rupee with a new dollar deposit scheme. This move aims to attract foreign currency and boost confidence. While offering gains to non-resident Indians, it comes at a significant cost and distorts market rates. ...Less

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary ...More

RBI Monetary Policy Meeting Highlights: Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Friday. The key policy rate is expected to remain unchanged at 5.25%. This pause reflects a cautious approach amid the West Asia conflict. The conflict poses risks to inflation and economic growth. The committee began its meeting on Wednesday. Retail inflation has moderated to 3.48%. ...Less

The Reserve Bank of India maintained the repo rate at 5.25%, reflecting a cautious stance amid global unc ...More

The Reserve Bank of India maintained the repo rate at 5.25%, reflecting a cautious stance amid global uncertainties and inflation risks. Experts suggest this signals a stable interest-rate environment for debt funds in the near term, while equity investors should focus on earnings growth and global developments. ...Less

The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Barod ...More

The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain a data-dependent approach, balancing growth concerns with rising inflation risks. An upward revision in inflation forecasts is anticipated due to increased fuel prices and ongoing global uncertainties. ...Less

RBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing ...More

RBI Monetary Policy Meeting 2026: The Reserve Bank of India maintained the repo rate at 5.25%, balancing inflation risks from rising crude oil prices and a weakening rupee against the need to support economic growth. The decision comes amid geopolitical tensions and concerns over a below-normal monsoon, with the central bank closely monitoring future rate trajectories. ...Less

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6. ...More

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts, energy prices, and weather. The central bank has maintained the key interest rate at 5.25 percent. India's economy shows resilience, but future growth faces challenges from oil prices and monsoon forecasts. ...Less

The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US ...More

The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian imports due to labor violations. Strong dollar demand, rising crude oil prices, geopolitical tensions, and foreign capital outflows further weakened investor sentiment. ...Less

Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkis ...More

Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkish stance and a wait-and-watch approach. Despite falling oil prices and Treasury yields, the central bank kept the repo rate unchanged at 5.25%, while the rupee saw a significant gain against the US dollar. ...Less

India has unveiled significant measures to attract foreign investment, including tax exemptions on govern ...More

India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased investment limits for overseas investors in equities. These moves aim to bolster market liquidity and stabilize the rupee amidst global volatility. However, the RBI's cautious stance on inflation suggests potential headwinds for rate-sensitive sectors. ...Less

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtec ...More

Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5. ...Less

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists ...More

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep the repo rate unchanged at 5.25% when it announces its decision on June 5. ...Less

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown U ...More

India's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create significant challenges. Inflation is rising while growth slows. The committee must navigate these uncertainties to set interest rates. The government is already taking steps to manage the economy. The committee's decision will impact the country's financial future. ...Less

The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, b ...More

The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure. ...Less

The Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor San ...More

The Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies for economic growth and inflation management. The central bank aims to draw in foreign exchange through various initiatives. These steps are designed to ensure a stable economic environment and encourage investment. ...Less

Former RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter exte ...More

Former RBI Governor Duvvuri Subbarao has advised the RBI to allow some rupee depreciation to counter external pressures. He has suggested using liquidity measures instead of rate hikes if inflation risks rise. Subbarao has emphasised that monetary policy should be a last resort for exchange rate defence. ...Less

With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials ...More

With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face currency risk in domestic-only portfolios. The article argues for global diversification, highlighting how dollar assets provide both return potential and currency protection, making international exposure a strategic necessity. ...Less

As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by sur ...More

As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by surging oil import prices and substantial foreign capital exits. Even with a robust domestic economic framework, investors globally are wary of India's potential vulnerabilities. In light of these challenges, efforts are intensifying to position India as an attractive hub for international capital amid overarching global challenges. ...Less

Experts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. ...More

Experts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. The central bank is expected to adopt a cautious approach, considering potential inflation headwinds and growth challenges. Factors like West Asia turmoil, rising energy prices, and a weakening rupee are influencing this outlook. ...Less

The trailer for 'Governor: The Silent Saviour' is out, depicting India's 1990 economic crisis. Manoj Bajp ...More

The trailer for 'Governor: The Silent Saviour' is out, depicting India's 1990 economic crisis. Manoj Bajpayee stars as the RBI Governor, navigating the nation's financial turmoil. The film, based on real events, promises a gripping narrative. Bajpayee, a history honors graduate, emphasized the film will address economic concerns, highlighting the crucial role of bureaucrats. ...Less

The Indian Rupee strengthened against the US Dollar on Monday. This rise followed a global plunge in crud ...More

The Indian Rupee strengthened against the US Dollar on Monday. This rise followed a global plunge in crude oil prices. The Reserve Bank of India Governor indicated the central bank is prepared to support the local currency. This intervention aims to manage any speculative pressures. Market participants anticipate further measures to bolster the Rupee. ...Less

The Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This ris ...More

The Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank of India's market interventions and a significant drop in crude oil prices. Hopes for a U.S.-Iran peace deal boosted investor confidence. ...Less

Petrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crud ...More

Petrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflict. Oil marketing companies are absorbing significant daily losses, while the government has banned sugar exports to control domestic prices. Milk has also become costlier, and gold import duty has been doubled. Experts warn of potential fuel price hikes if the Middle East crisis persists. ...Less

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay M ...More

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil companies are struggling to maintain current prices. ...Less

Global oil supply is set to fall short of demand this year, with the Iran war severely impacting Middle E ...More

Global oil supply is set to fall short of demand this year, with the Iran war severely impacting Middle East production. The International Energy Agency reports significant supply losses and a projected deficit of 1.78 million barrels per day by 2026. Demand is also expected to decline due to price spikes and economic slowdown caused by the conflict. ...Less

The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreig ...More

The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreign portfolio outflows. This has created strain on India's current and capital accounts, with the currency particularly vulnerable due to its heavy reliance on oil imports, especially if the Iran conflict persists. ...Less

The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline wa ...More

The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S. ...Less

The energy shock from the prolonged U.S.-Iran war that has effectively ⁠shut ⁠the Strait of Hormuz has hu ...More

The energy shock from the prolonged U.S.-Iran war that has effectively ⁠shut ⁠the Strait of Hormuz has hurt India's macroeconomic outlook and strained its current account balance. Economists have lowered their growth forecasts, raised inflation projections and warned of sustained pressure on the rupee. ...Less

The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This a ...More

The Reserve Bank of India and the European Central Bank have signed a Memorandum of Understanding. This agreement aims to boost cooperation in central banking. The MoU updates a previous pact from 2015. It will facilitate information exchange and policy dialogue. Both banks will collaborate on mutual interests. This strengthens their engagement on banking practices and financial sector growth. ...Less

Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried ...More

Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset mounting losses. Analysts estimate OMCs could still lose nearly Rs 500 crore daily at current crude prices. With Brent crude above $100 and West Asia tensions persisting, markets fear another quarter of heavy financial pressure for state-run fuel retailers. ...Less

The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign inv ...More

The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists. ...Less

RBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' A ...More

RBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' Association has written to the Governor seeking intervention. The new policy links promotions to vacancy availability, replacing the earlier time-bound system. This has caused widespread dissatisfaction and demoralization among officers. The association demands an immediate review and the reintroduction of assured, time-bound promotions. ...Less

Indian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highli ...More

Indian financial markets are showing strength amid global challenges. RBI Governor Sanjay Malhotra highlighted that future growth hinges on increasing liquidity and participation. The economy is growing fast, with inflation under control. The banking sector is robust. The RBI is implementing measures to improve market efficiency and transparency. ...Less

In a bold call to action, Reserve Bank of India Governor Sanjay Malhotra challenged Indian banks to step ...More

In a bold call to action, Reserve Bank of India Governor Sanjay Malhotra challenged Indian banks to step up as global market-makers for the rupee. This move aims to reclaim the offshore rupee trading space. He pointed out the current deficiencies in rupee derivatives and emphasized the recent tightening of foreign exchange market regulations to minimize currency fluctuations. ...Less

Rohit Jain has been appointed as the new deputy governor of the Reserve Bank of India. His term will begi ...More

Rohit Jain has been appointed as the new deputy governor of the Reserve Bank of India. His term will begin on May 3 and last for three years. Jain currently serves as an executive director at the central bank. He takes over from T Rabi Sankar, who recently retired. ...Less

Reactions flooded micrblogging site Twitter after RBI Governor Raghuram Rajan formally announced that he ...More

Reactions flooded micrblogging site Twitter after RBI Governor Raghuram Rajan formally announced that he will not accept offer for second term. ...Less

Rohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begi ...More

Rohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begins on or after May 3, 2026, and will last for three years. Jain has served the central bank for three decades. He replaces T Rabi Sankar. Jain is one of two deputy governors promoted from within the RBI. ...Less

The recently-constituted MPC began its three-day deliberations on Wednesday, and expectations are running ...More

The recently-constituted MPC began its three-day deliberations on Wednesday, and expectations are running high that the central bank will maintain status quo on the benchmark lending rate. ...Less

Hyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual loss ...More

Hyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual losses, has prompted a high-level meeting. Discussions focused on coordinated action against mule accounts and faster response systems, with banks urged to adopt RBI's MuleHunter.AI tool to combat digital financial crimes. ...Less

India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster for ...More

India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabilize the rupee. Measures under consideration include reviving a deposit scheme for non-resident Indians and removing withholding tax on overseas government bond investors. These steps are being explored amid rising oil prices and capital outflows. ...Less

A major global financial moment is approaching as attention turns to the US Federal Reserve leadership tr ...More

A major global financial moment is approaching as attention turns to the US Federal Reserve leadership transition and its wider impact on monetary policy. Federal Reserve is set for a leadership change as Kevin Warsh has been nominated by Donald Trump to replace Jerome Powell when his term ends on May 15, pending Senate approval. ...Less

RBI Governor Sanjay Malhotra addressed financial leaders in New York, assuring them that short-term econo ...More

RBI Governor Sanjay Malhotra addressed financial leaders in New York, assuring them that short-term economic fluctuations are being closely watched. He detailed ongoing reforms aimed at boosting foreign investment and market integration. The Reserve Bank highlighted India's robust economic fundamentals, including low inflation and strong forex reserves, positioning the nation as a rapidly growing global economy. ...Less

RBI policymakers acknowledged that a prolonged West Asia conflict poses risks to India's economic growth ...More

RBI policymakers acknowledged that a prolonged West Asia conflict poses risks to India's economic growth and inflation, though the economy remains resilient. The monetary policy committee opted for a wait-and-watch approach due to geopolitical uncertainties and concerns over El Nino's impact on inflation. ...Less

New RBI Governor: Sanjay Malhotra, a seasoned bureaucrat, has been appointed as the 26th RBI Governor, su ...More

New RBI Governor: Sanjay Malhotra, a seasoned bureaucrat, has been appointed as the 26th RBI Governor, succeeding Shaktikanta Das. Malhotra, a 1990-batch IAS officer, will begin his three-year term on December 11, 2024. His appointment comes as the RBI faces challenges like inflation and slowing economic growth. Das's tenure, exceeding the typical five years, concludes on Tuesday. ...Less