India's cautious approach towards cryptocurrencies emphasises the importance of underlying technologies l ...More

India's cautious approach towards cryptocurrencies emphasises the importance of underlying technologies like distributed ledger and tokenisation. RBI Governor Sanjay Malhotra expressed concerns regarding monetary sovereignty and its effects on capital flows. While domestic payments are efficient, challenges remain in cross-border transactions, which may benefit from central bank digital currencies. The rising public debt and bond yield movements reflect the increased spending attributed to artificial intelligence. ...Less

The RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance ...More

The RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governor Sanjay Malhotra flagged four global risks: West Asia tensions and volatile oil prices, tariff uncertainty, elevated bond yields and stretched AI stock valuations. He said these risks are clouding global sentiment despite resilient growth. ...Less

Following the Reserve Bank of India's recent rate hike, the Indian stock market showcased notable volatil ...More

Following the Reserve Bank of India's recent rate hike, the Indian stock market showcased notable volatility. Analysts suggest that future market trends will be influenced heavily by the forthcoming statements from the RBI Governor. ...Less

RBI Governor Sanjay Malhotra said the next financial crisis may be triggered by geopolitical shocks, cybe ...More

RBI Governor Sanjay Malhotra said the next financial crisis may be triggered by geopolitical shocks, cyberattacks or technology failures rather than the banking system itself, calling for stronger resilience across markets, payments, non-banks and critical infrastructure. He said India’s financial system remains strong, but warned that “today’s resilience” does not guarantee immunity from future shocks. ...Less

Bank stocks including Kotak Mahindra Bank, PNB, Union Bank and Canara Bank gained up to 2% after the RBI ...More

Bank stocks including Kotak Mahindra Bank, PNB, Union Bank and Canara Bank gained up to 2% after the RBI rose on Monday after the repo rate by 25 basis points to 5.50%. The Nifty Bank index rose as investors assessed the impact of the rate hike and the RBI’s shift to calibrated tightening. ...Less

Banking, NBFCs, realty and auto stocks came under pressure after the RBI raised the repo rate by 25 basis ...More

Banking, NBFCs, realty and auto stocks came under pressure after the RBI raised the repo rate by 25 basis points to 5.50% and shifted its stance to calibrated tightening. The rate hike, the first in four years, comes amid elevated crude prices, rising global bond yields, inflation concerns and sustained foreign outflows. ...Less

Sanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Ec ...More

Sanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized that banking and financial stress can develop suddenly yet take years to resolve. Malhotra pointed out the interplay of geopolitical and economic factors complicating current financial stability predictions. He stressed the Reserve Bank of India's role in maintaining financial resilience through appropriate regulations and supervision. ...Less

Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability amon ...More

Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability among NBFC account aggregators. The move will let customers share financial information across different account aggregators through a single account, without fresh registration, subject to their consent. ...Less

RBI MPC Meeting October 2026: RBI officials are holding a three-day Monetary Policy Committee meeting ami ...More

RBI MPC Meeting October 2026: RBI officials are holding a three-day Monetary Policy Committee meeting amid inflationary pressures and rising crude oil prices. The repo rate has remained unchanged at 5.25 per cent for consecutive meetings after a series of cuts. Experts anticipate a 25-basis-point hike, potentially reaching 5.75 to 6 per cent in upcoming meetings. The Governor is set to deliver live MPC speech at 10 am. ...Less

The RBI announced measures to enhance customer convenience, including allowing SEBI-registered depositori ...More

The RBI announced measures to enhance customer convenience, including allowing SEBI-registered depositories to include bank deposit details in consolidated account statements (CAS) and enabling interoperability among NBFC-Account Aggregators. Both measures will be operational by December 31, 2026. The central bank also announced a Technical Consultative Committee for Financial Markets to strengthen engagement with market participants and stakeholders. ...Less

RBI’s 25-bps repo rate hike to 5.50% was largely expected, but its shift to ‘calibrated tightening’ surpr ...More

RBI’s 25-bps repo rate hike to 5.50% was largely expected, but its shift to ‘calibrated tightening’ surprised markets and signals that near-term rate cuts are unlikely. Analysts expect selective pressure on rate-sensitive sectors, while banks with stronger balance sheets may remain relatively better placed amid rising inflation and crude prices. ...Less

Indian government bonds witnessed minimal changes on Tuesday as traders prepared for an expected rate hik ...More

Indian government bonds witnessed minimal changes on Tuesday as traders prepared for an expected rate hike. The benchmark 6.94% 2036 bond yield decreased slightly, reflecting a cautious market sentiment. Many economists predict the Reserve Bank of India will raise its key policy rate by 25 basis points during the meeting. Additionally, investors are concerned about potential further actions that may accompany the rate increase. ...Less

Quickening inflation, stoked by oil prices and El Nino, could force policymakers to harden further ...More

Quickening inflation, stoked by oil prices and El Nino, could force policymakers to harden further ...Less

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50%. This increase is t ...More

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50%. This increase is the first since February 2023 amid economic uncertainties both domestically and globally. Geopolitical developments have contributed to instability in global markets, affecting economic activity. Despite these challenges, the RBI noted that the Indian economy remains strong with broad-based momentum. ...Less

A report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantl ...More

A report from Nuvama Institutional Equities indicates that a potential RBI rate hike may not significantly stress NBFC asset quality. Past trends suggest that rate increases alone typically do not lead to widespread deterioration. Current impacts from the West Asia conflict have been limited to specific segments and are not broadly felt. Additionally, healthy capital buffers and systemic liquidity are expected to mitigate potential risks. ...Less

The Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify ...More

The Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify information sharing. Customers will be able to authorize financial data sharing with banks and lenders. This interconnected system eliminates the need for users to switch platforms for different Account Aggregators. The changes are aimed at enhancing convenience and seamless interactions in financial services. Customer consent remains essential for the sharing of financial information between platforms. ...Less

The Reserve Bank of India's Monetary Policy Committee is meeting to discuss potential interest rate hikes ...More

The Reserve Bank of India's Monetary Policy Committee is meeting to discuss potential interest rate hikes. Inflationary pressures and external factors are leading to anticipation of a rate increase. Analysts expect a 25 basis points hike in the upcoming policy announcement. This decision aligns with current inflation trends and economic forecasts for the country. The market is closely monitoring these developments as they will impact future economic stability. ...Less

RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee has raised the policy repo rate by ...More

RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee has raised the policy repo rate by 25 basis points to 5.50%. RBI Governor Sanjay Malhotra indicated that inflation pressures are increasing and rate cuts are not expected soon. The Indian economy continues to show resilience, with GDP growth projected at 7.1% for the year. Inflation is forecasted at 5.2%, with core inflation expected to be around 4.4%. ...Less

P K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities ...More

P K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities. He mentioned that India is diversifying its energy imports to reduce vulnerabilities and ensure economic stability. The need for macroeconomic resilience through fiscal space and adequate foreign reserves was also emphasised. Mishra pointed out the importance of critical minerals for the future of advanced manufacturing and sustainability. ...Less

With the Fed entering a tightening cycle, India faces a tougher monetary policy trade-off as the rupee re ...More

With the Fed entering a tightening cycle, India faces a tougher monetary policy trade-off as the rupee remains under pressure and inflation shows signs of broadening. Ankita Pathak of Ionic Asset says RBI’s policy flexibility could narrow, while elevated US yields and a stronger dollar may weigh on Indian equities and capital flows. ...Less

The RBI is expected to tilt the government’s borrowing towards shorter-tenure bonds in the second half of ...More

The RBI is expected to tilt the government’s borrowing towards shorter-tenure bonds in the second half of FY27 as surplus banking liquidity remains elevated. Traders expect short-term securities to account for 35% of borrowing, up from 31% in the first half, while strong demand for 5-7 year bonds could shape issuance. ...Less

The Reserve Bank of India is expected to announce a 25-basis point rate hike in its upcoming meeting. Ana ...More

The Reserve Bank of India is expected to announce a 25-basis point rate hike in its upcoming meeting. Analysts assert that this rate hike has already been largely priced into the stock market. While sectors such as real estate and autos may experience some volatility, clean balance sheets could mitigate impacts. The market's movement will depend more on corporate earnings than on monetary policy adjustments. ...Less

The Indian stock market recorded notable gains as investor confidence improved with cooling oil prices an ...More

The Indian stock market recorded notable gains as investor confidence improved with cooling oil prices and strong quarterly updates. Sensex surged over 550 points while Nifty 50 climbed above the 22,700 level, resulting in increased market capitalization. Notably, Trent shares rose nearly 13% following a robust business update, while other significant stocks also gained. Concurrently, volatility measures decreased, indicating market stability amidst broader gains in various sectors. ...Less

RBI GDP Growth 2026: The Reserve Bank of India has updated its growth forecast for fiscal year 2026-27 to ...More

RBI GDP Growth 2026: The Reserve Bank of India has updated its growth forecast for fiscal year 2026-27 to 7.1%. This adjustment comes after stronger-than-expected economic performance, including 7.8% growth in the June quarter. The RBI has also raised the policy repo rate to 5.5% while changing its policy stance to calibrated tightening. While domestic consumption remains resilient, global challenges and inflation concerns persist. ...Less

The Reserve Bank of India has increased the repo rate to 5.50% after maintaining it for several months. T ...More

The Reserve Bank of India has increased the repo rate to 5.50% after maintaining it for several months. This shift to a calibrated tightening stance indicates a focus on controlling inflation risks. Retail inflation rose recently, prompting the central bank to adjust its policy outlook for the future. While growth remains firm, inflation now takes priority in decision-making. ...Less

India's rupee has slipped past ₹96 as high US Treasury yields, elevated oil prices and foreign portfolio ...More

India's rupee has slipped past ₹96 as high US Treasury yields, elevated oil prices and foreign portfolio outflows strengthen the dollar. The IMF says India can allow the exchange rate to act as a shock absorber, while the RBI weighs intervention against reserves, inflation and external risks. Experts debate whether gradual depreciation could improve competitiveness without triggering imported inflation. ...Less

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has ...More

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said. ...Less

Notices have been issued to prominent Delhi voters regarding electoral roll discrepancies. Former RBI gov ...More

Notices have been issued to prominent Delhi voters regarding electoral roll discrepancies. Former RBI governor Bimal Jalan and ex-IAF chief NAK Browne are among those notified. These notices are part of an ongoing exercise covering over 97 lakh registered voters. The electoral authorities are examining submitted documents for verification purposes. Final electoral rolls are scheduled for publication on November 4. ...Less

India’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, ...More

India’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP numbers continue at home. The economy has held up better than expected, but with oil, inflation and tighter financial conditions looming, keeping up this pace may be the harder part. ...Less

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions a ...More

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company a potential direct beneficiary. From October 15, merchants will pay 0.4% MDR on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more. ...Less

Mumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sa ...More

Mumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is key for financial system adoption and endurance. Firms growing significantly must take systemic responsibility beyond their balance sheets. Operational resilience and cybersecurity are essential prices for achieving scale. ...Less

Reserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He st ...More

Reserve Bank of India governor Sanjay Malhotra stressed data fiduciary responsibility for fintechs. He stated that user data must be treated as a trustee asset, not a business asset. Firms must use data strictly within user consent, protecting it diligently. He warned that eroding trust through data misuse leads to irreversible damage. Operational resilience and cybersecurity are essential for firms achieving significant scale. ...Less

Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by e ...More

Economists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ongoing food inflation concerns. The CEO of Axis Bank has raised alarms about the increasing risks of inflation. This shift in monetary policy timing comes as the Monetary Policy Committee prepares to evaluate interest rates in early October, reversing earlier predictions of stability. ...Less

India’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% e ...More

India’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consumer inflation data is due later on Monday and is expected to hit a 20-month high, driven by higher food and fuel prices. ...Less

Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached peo ...More

Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well served by the financial system. At the same time, such innovation needed to remain firmly anchored in trust, he added. ...Less

Bank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely ...More

Bank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits after RBI opened a special window for dollar inflows. Credit growth eased slightly to 19.1%, while banks continued to face challenges in mobilising domestic savings. ...Less

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all ...More

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and mandates will be treated separately, while mutual funds and capital-market payments will attract a lower MDR. Importantly, the charge will be borne by merchants, not customers, raising questions over its impact on SIPs and stock investments. ...Less

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transac ...More

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising uncertainty over charges for higher-value transactions. The decline came a day after Paytm hit a fresh 52-week high of Rs 1,840, with the stock having nearly doubled from its March low of Rs 930.6. ...Less

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select ...More

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more. ...Less

The Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanj ...More

The Reserve Bank of India possesses tools to manage banking liquidity from deposit inflows. Governor Sanjay Malhotra indicated a readiness to deploy various measures if needed. He noted that excess liquidity currently lowers the weighted average call rate. The central bank anticipates some liquidity withdrawal naturally over time. The MPC will reassess growth-inflation dynamics next month amid oil price risks. ...Less

India's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicat ...More

India's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme and strong inflows. Foreign currency assets increased significantly, while gold reserves saw a contraction. The central bank's intervention supported the local currency and curbed volatility. These substantial inflows have stabilized the foreign exchange market and improved sentiment. ...Less

India's retail inflation rose to 4.82% in August 2026 from 4.45% in July. Food prices and jewellery signi ...More

India's retail inflation rose to 4.82% in August 2026 from 4.45% in July. Food prices and jewellery significantly contributed to this recent inflationary pressure. The Reserve Bank of India has lowered its FY27 inflation forecast to 5%. Inflation is expected to rise in the near term and peak in the third quarter. The central bank prioritizes price stability while supporting economic growth. ...Less

This week saw the Indian rupee tumble more than one percent against the dollar, primarily influenced by s ...More

This week saw the Indian rupee tumble more than one percent against the dollar, primarily influenced by surging oil prices. Central bank interventions played a critical role in curtailing further depreciation. In addition to oil price hikes, escalating global bond yields contributed to the rupee's struggles. As the Reserve Bank of India explores various liquidity management strategies, all eyes are on upcoming U.S. ...Less

SberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovat ...More

SberMedAI's GigaDoc smart mirror provided free express health assessments at Innoprom India. This innovative solution analyzes key health indicators and potential risk factors conveniently. Companies can integrate GigaDoc into their employee prevention programs for proactive health monitoring. The technology utilizes artificial intelligence and computer vision for accurate health readings. ...Less

Indian government bonds dipped this week due to a spike in oil prices, alongside a decline in global debt ...More

Indian government bonds dipped this week due to a spike in oil prices, alongside a decline in global debt markets significantly affecting Treasury yields. The uncertainty surrounding the Reserve Bank of India's liquidity stance added further strain, resulting in the 10-year yield exceeding 7%. Looking ahead, investors are keenly awaiting critical inflation data and insights into future central bank policy directions. ...Less

The Reserve Bank of India rejected Tata Sons' application to surrender its registration. This decision al ...More

The Reserve Bank of India rejected Tata Sons' application to surrender its registration. This decision allows for the potential public listing of the conglomerate's holding company. Tata Sons must now comply with regulations for upper-layer NBFC entities. The central bank's framework classifies companies with assets over one lakh crore rupees. This ruling ensures Tata Sons remains under stricter regulatory oversight for at least five years. ...Less

The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liqu ...More

The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This strategic move comes in response to increasing inflationary pressures driven by high oil prices, with the central bank indicating that all liquidity management strategies are still in play. This decision follows a disappointing reception to earlier liquidity absorption measures. ...Less

India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links ...More

India is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems and CBDCs to make cross-border transactions faster and cheaper. The story traces India’s opposition to a new BRICS currency, Trump’s tariff threats, the RBI’s push for CBDC interoperability, and the technical and trade hurdles that could stand in the way. ...Less

In an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. ...More

In an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. This initiative facilitates rapid settlement and instant fund retrieval for investors. It automates interest and redemption payments through smart contracts, while atomic settlement mitigates risks by coordinating the release of bonds and payments seamlessly. Future developments will broaden this system's reach to secondary markets and individual investors. ...Less

Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology an ...More

Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India. ...Less

Prime Minister Narendra Modi will host Chinese President Xi Jinping and Russian President Vladimir Putin ...More

Prime Minister Narendra Modi will host Chinese President Xi Jinping and Russian President Vladimir Putin this weekend. Xi's visit marks his first trip to India in nearly seven years. Modi meets Putin on Friday, and a Modi-Xi meeting is widely expected. India's chairship focuses on practical economic cooperation and resilience. The summit's outcomes will determine the substance behind the leaders' appearances. ...Less

India's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consum ...More

India's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital expenditure. Nimble energy diplomacy helped India navigate global energy shocks effectively. Exports also held up well due to diversification efforts by businesses. Stock markets show early signs of hope as foreign investors return. ...Less

India's rupee has seen a remarkable increase following a significant capital boost from the Reserve Bank ...More

India's rupee has seen a remarkable increase following a significant capital boost from the Reserve Bank of India, which successfully raised over 136 billion dollars through its specialized programs. This substantial financial inflow empowers the central bank to robustly guard the rupee. Consequently, the rupee has emerged as the second-best currency performer in Asia over the last month, a response to recent outflows aimed at bolstering its value. ...Less

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutio ...More

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent months. However, longer-term borrowing costs are hardening due to hawkish monetary policy signals. Markets anticipate potential interest rate hikes in the near future. This outlook is influencing investor decisions on longer-dated debt instruments. ...Less

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes cu ...More

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain too loose for controlling inflation. Rajan points to strong investment and fiscal deficits as growth drivers. The US economy shows little sign of being constrained by borrowing costs. Meanwhile, the Indian rupee has shown unexpected resilience recently. ...Less

India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight ...More

India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evidence of a new India-China-Russia alliance. ...Less

India's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered ...More

India's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's intervention capacity. The currency's near-term volatility has fallen close to a ten-month low. Higher crude prices and narrowing interest rate differentials add pressure. The RBI faces a delicate balance between growth and currency defense. ...Less

Most high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise ...More

Most high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced double-digit expansion, continuing Q1 momentum. Headline consumer price index inflation edged up, primarily due to supply-side pressures. Stable core inflation reaffirmed lower pass-through of cost pressures to consumers. Liquidity conditions eased, supporting credit growth and foreign capital inflows. ...Less

Strong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through ...More

Strong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects inflows to reach $90-100 billion by August 31, up from its earlier estimate of $70-80 billion. ...Less

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision ...More

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent calibration. This move aims to attract $80 billion into India's economy. The central bank cited stronger than expected dollar inflows for the adjustment. The RBI remains committed to managing exchange rate volatility and market conditions. ...Less

Xi Jinping's potential visit to India for the BRICS summit is a key development. This meeting could foste ...More

Xi Jinping's potential visit to India for the BRICS summit is a key development. This meeting could foster cooperation and enable concrete economic decisions for the bloc. Discussions are expected on payment systems and agricultural commerce among member nations. Improved India-China ties may reduce obstacles to collective action within BRICS. This summit's success hinges on sustained cooperation between its influential Asian members. ...Less

RBI Governor Sanjay Malhotra said greater clarity on the inflation trajectory is needed before any recali ...More

RBI Governor Sanjay Malhotra said greater clarity on the inflation trajectory is needed before any recalibration of the policy rate, as the central bank remains alert to risks from food, fuel and input costs. The MPC retained the repo rate, with members favouring a wait-and-watch approach amid persistent uncertainties. ...Less

The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increa ...More

The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions about supply disruptions played a role in its performance. The Reserve Bank of India's timely intervention helped prevent any serious decline against the dollar. Meanwhile, substantial foreign currency inflows enhance the central bank's ability to intervene, providing stability to the rupee amidst subdued volatility. ...Less

Anand Mahindra has been reappointed to the Reserve Bank of India's central board. Former ISRO Chairman S ...More

Anand Mahindra has been reappointed to the Reserve Bank of India's central board. Former ISRO Chairman S Somanath also joins the board for a four-year term. Their appointments are effective from August 20, 2026, according to the RBI. Mahindra's reappointment ensures continuity and brings diverse business experience. Somanath's technological expertise will aid the central bank's digital focus. ...Less

Early Thursday saw a significant sell-off in Indian government bonds as minutes from the central bank's r ...More

Early Thursday saw a significant sell-off in Indian government bonds as minutes from the central bank's recent policy meeting hinted at possible rate hikes. Policymakers conveyed increased concerns about inflationary pressures within the economy. Additionally, soaring oil prices exacerbated anxieties about rising interest rates, potentially putting further strain on the rupee and negatively impacting the inflation forecast. ...Less

Urban co-operative banks may be limited in size but face risks far beyond their physical footprint, RBI D ...More

Urban co-operative banks may be limited in size but face risks far beyond their physical footprint, RBI Deputy Governor Swaminathan J said. He flagged cyber threats, digital fraud and dependence on external service providers as key vulnerabilities, urging stronger safeguards, continuity planning and shared infrastructure to bolster UCBs’ resilience. ...Less

Retail inflation in India may briefly surpass 6 percent in late 2024. This rise is expected before easing ...More

Retail inflation in India may briefly surpass 6 percent in late 2024. This rise is expected before easing to approximately 5 percent by early 2026. Improving food supply conditions and monsoon recovery will help contain inflation. The Reserve Bank of India awaits more inflation data before adjusting policy rates. Global market implications arise from US Federal Reserve actions on treasury yields. ...Less

Indian monetary policy makers may tighten rates in the third quarter if inflation risks materialize. High ...More

Indian monetary policy makers may tighten rates in the third quarter if inflation risks materialize. Higher food and fuel prices could lead to broad-based inflation, prompting action. Inflation is projected to peak at 5.9% in Q3 2026-27, signaling potential policy shifts. The central bank remains watchful of global economic turbulence and its domestic impact. Monetary response is warranted if inflation expectations become de-anchored or persistent. ...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

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 circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the ...More

The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting. The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway. However, specific details regarding the launch date and associated costs remain undisclosed. ...Less

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than- ...More

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows. This adjustment follows a positive uptake of the swap facility linked to these deposits, with inflows surpassing previous totals. Meanwhile, the swap schemes for External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) will proceed as initially scheduled. ...Less

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision come ...More

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expected foreign currency inflows into the country. The central bank received substantial dollar inflows through these special measures announced earlier. FCNR(B) deposits accounted for the bulk of these significant foreign currency inflows. The swap scheme for other borrowings will continue as originally planned. ...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

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

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

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

India’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value a ...More

India’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal banking, electronic transfers and the digital infra behind UPI. Each technological leap solved the same fundamental challenge: enabling money to travel securely and efficiently without physically moving cash from one place to another. ...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

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

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

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee ...More

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap. The meeting will also focus on deposit mobilization and supporting small businesses. Fresh foreign capital inflows will boost reserves and domestic manufacturing. Durable foreign direct investment is preferred over short-term deposits. ...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

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

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

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

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

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

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 Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the gov ...More

The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digital payment transactions. Currently, UPI transactions remain free for users and merchants. Banks and payment firms seek sustainable revenue models for infrastructure. The government will decide which digital payment methods may attract future charges. ...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 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

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

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

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

India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the w ...More

India's foreign exchange reserves saw a significant rise of $6.1 billion. This increase occurred in the week ending July 24, reaching $682.3 billion. Inflows from the RBI's FCNR(B) deposit scheme contributed to this growth. Gold reserves also experienced an increase of $1.3 billion. Despite dollar sales, reserves grew due to these incoming funds. ...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

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

Investment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With invest ...More

Investment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guaranteed dollar returns, fund managers are adjusting their tactics and reducing targets for offshore fundraising. This trend has prompted several clients to withdraw existing investments in favor of these attractive deposit schemes, signaling an anticipated capital reallocation after the September 30 cut-off. ...Less