)
Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year
The Reserve Bank of India fully accepted bids worth ₹2.39 trillion at a cut-off and weighted average rate of 5.24 per cent as banking system liquidity surplus reached ₹7.38 trillion
The holding company's board is set to consider its listing obligations after the RBI refused to relax the rules, while its committee may seek the chairman's continuation
The RBI, since last month, has been conducting various VRRR auctions in order to absorb surplus liquidity from the banking system and align the overnight money market rates to the repo rate
Tata Chemicals' holding in Tata Sons is around 2.5 per cent. Going by the rough-cut valuation, hypothetically, the investment value could be ₹10,000-15,000 crore, as per ICICI Securities.
Bond traders expect yields to rise as the RBI drains excess liquidity amid higher oil prices, rising inflation and heavy government debt supply
In a post on X, the central bank said the move would help UPI continue to scale and innovate while serving consumers and businesses across the country
The central bank received bids worth ₹3,93,352 crore, for a notified amount of ₹5 trillion
The move follows the RBI's rejection of Tata Sons' application to deregister as a non-banking financial company, a decision that pushes the holding company closer to a stock market listing
Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.
Surplus liquidity has surged after RBI's special forex swap scheme, prompting the central bank to use bond sales to pull cash out of the banking system and realign overnight rates with its policy rate
Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions
The defining feature of a flexi-loan is amortisation. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening
RBI has cleared the decks for the listing of Tata Sons
The central bank on Sep 11, 2026, rejected Tata Sons' application for exemption from the core investment company category, making a public listing mandatory amid leadership turbulence at the group
The bank did not disclose the shortlisted candidates; also, the board inducted Jimmy Tata as executive diretor and said it would add one whole time director position as part of its succession planning
The move comes after surplus cash with banks rose to a record high of around 11 trillion rupees following massive inflows under the central bank's recent capital-raising windows.
We are building digital public infrastructure for next-generation financial services, said RBI Governor Sanjay Malhotra
The Mumbai-based firm is raising ₹200 crore ($21 million) through bonds with a maturity of about one year and a 10.5% coupon, payable quarterly
The Reserve Bank of India received offers worth ₹3.53 trillion at an overnight auction, right after banks parked ₹2.59 trillion through a 30-day auction