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India's forex reserves fell by $1.27 billion to $719.75 billion in the week ended October 23, as a $2.65 billion decline in gold reserves outweighed gains in foreign currency assets.
Nov 2026 bank holidays will vary across Indian states based on local festivals. The RBI has outlined specific holiday dates for scheduled banks for both scheduled and non-scheduled banks
A durable liquidity surplus calls for a lasting solution, with a higher CRR helping the RBI align the call rate with the repo rate while preserving interbank market activity.
Business Standard BFSI Insight Summit 2026: SBI Chairman CS Setty says higher rates could moderate discretionary spending and consumption credit
At the Business Standard BFSI Insight Summit 2026, experts warned that high US yields, oil prices and AI-driven capital outflows could weigh on Indian markets, the rupee and bond yields
At Business Standard's BFSI Summit, public sector bank chiefs discussed how RBI's swap support, leverage and overseas outreach helped mobilise FCNR(B) deposits, highlighting need for risk management
Due to Valmiki Jayanti, bank branches in some states will be closed today as per the RBI's schedule for October 2026. Banks will stay closed for physical operations in different states
Combining night-time illumination and Google Trends data reduced errors in quarterly growth estimates by up to 62 per cent across three industrial states
There is wisdom from history in managing the rupee
Increasing household debt needs careful examination
The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion
The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and historical loss data, with the new rules effective April 1, 2027
The RBI has revised leverage ratio norms for banks, setting minimum requirements of 4 per cent for D-SIBs and 3.5 per cent for others, with new rules effective April 1, 2027
The yield on the benchmark 10-year government bond settled at 7.44 per cent, its highest level since November 4, 2022, against the previous close of 7.39 per cent
The Reserve Bank of India issued a standardized checklist to major banks last week, requiring detailed information on overseas direct investments exceeding $1 billion
The operation comes after several months of the central bank absorbing surplus liquidity that hit a record high due to hefty inflows from diaspora deposits mobilised to defend a weak rupee
Let the rupee find its own level but allow that to happen in a calibrated way
The RBI's measures have curbed speculative dollar demand but tightened forex liquidity and raised hedging costs, while high oil prices and capital outflows continue to weigh on the rupee
Bank credit rose 19.38% to ₹230 trillion in September, while deposits grew 17.83% to ₹283.95 trillion; CareEdge expects higher borrowing costs to moderate lending growth.
The net deficit in the merchandise trade account declined to $26.6 billion in August from $27.6 billion in the same month last year