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RBI Governor Sanjay Malhotra says India's macro fundamentals and external sector remain robust as borrowing, liquidity and rate outlook stay comfortable
The central bank has proposed allowing banks to lend to REITs and doubled collateral-free loan limits for MSMEs, signalling a stronger push to widen credit access amid robust loan growth
Banks are shifting from unsecured loans to gold-backed lending amid rising gold prices, but RBI says low LTVs and limited exposure pose no systemic risk
Industry executives note that REITs raise debt by issuing securities subscribed to by mutual funds and non-banking financial companies (NBFCs)
The Reserve Bank of India said recent issues flagged in priority sector lending classification at some large private banks are isolated cases, and announced plans to issue revised instructions
The Reserve Bank of India has constituted a committee to review the regulatory framework for business correspondents, with draft guideline amendments to be released soon for public consultation
Under a proposed one-time framework, RBI plans to compensate customers for small-value digital frauds up to Rs 25,000, with the central bank and banks sharing the cost
The central bank proposed draft rules to curb mis-selling, cap losses from unauthorised digital transactions and tighten recovery practices as part of a wider push to strengthen customer protection
The country's holdings of long-term US debt had dropped to a five-year low of $174 billion as of November, down 26 per cent from a 2023 peak, according to US government data
10-year benchmark yield rose to 6.69% after MPC holds rates and RBI refrains from announcing fresh OMOs
RBI MPC February meeting: In its policy meeting, which took place between February 4-6, the committee continued with the 'neutral' stance
The central bank accepted 118 bids at the FX swap auction with the premium cut-off set at 7.48 rupees. A total of 317 bids worth $25.03 billion were received
Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements
The RBI's Monetary Policy Committee has started its three-day meeting today; the central bank will announce its policy decision, including on interest rates, on February 6
The decision of RBI Governor Sanjay Malhotra-headed six-member Monetary Policy Committee (MPC) will be announced on Friday
The rupee appeared on course to open near its all-time low of 91.9875 per dollar, but the RBI's intervention helped shore it up to 91.60, a gain of 0.4 per cent from its closing level on Friday
Neither equity nor bond investors will likely change their mind after going through the government's latest spending priorities and borrowing plan
The Budget has largely eschewed political populism, even as several states are to go for Assembly elections in the coming months
Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity
The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3 per cent of gross domestic product