Page 20 - Latest Updates on Reserve Bank of India
India cuts US Treasury exposure, strengthens gold share in forex reserves
India is cutting its US Treasury holdings while adding more gold to its reserves; RBI data shows the shift is part of a global trend to diversify forex reserves and reduce risks from the dollar
 "India cuts US Treasury exposure, strengthens gold share in forex reserves")
Investment outlook remains cautiously optimistic going ahead: RBI study
RBI study signals a cautiously optimistic outlook for private investments in FY26, backed by healthier balance sheets, policy support, and rising capex momentum
 "Investment outlook remains cautiously optimistic going ahead: RBI study")
Centre appoints former RBI Governor Urjit Patel as IMF's executive director
Patel's appointment comes four months after Krishnamurthy Subramanian was recalled by the government from IMF
 "Centre appoints former RBI Governor Urjit Patel as IMF's executive director")
RBI net sells $3.6 bn in Jun, net short dollar position dips to $60.39 bn
The RBI reversed its forex stance in June with $3.6 bn net sales, while rupee's REER stayed flat and forward dollar short positions dropped further to $60.39 bn
India's economy resilient but US trade policies a risk: RBI bulletin
Average headline inflation, meanwhile, is seen remaining significantly below the central bank's target of 4 per cent this financial year, according to the RBI bulletin
Headline inflation should continue to be the target, says BS poll
Economists back headline CPI as India's inflation target, stressing food's heavy weight in consumption and urging RBI to retain the 4% benchmark with the current tolerance band
 "Headline inflation should continue to be the target, says BS poll")
RBI mulls restricting shadow banks from duplicating parent businesses
The central bank has been watchful of potential blowups in the sector, and has warned shadow lenders it would not hesitate to take action against firms that pursue reckless growth
 "RBI mulls restricting shadow banks from duplicating parent businesses")
RBI, pvt banks be made parties in fake warrant-extortion case: U'khand HC
Money was embezzled through four bank accounts in the case
 "RBI, pvt banks be made parties in fake warrant-extortion case: U'khand HC")
Muted response from large lenders hinders ULI scale up, say bankers
Bankers say Unified Lending Interface growth remains muted as large lenders stick to legacy rails and land record digitisation lags
 "Muted response from large lenders hinders ULI scale up, say bankers")
Bank holiday today: Are banks open or closed on Wednesday, August 27?
As per the Reserve Bank of India's (RBI) regional holiday calendar, banks will be closed in certain regions of India on Wednesday, August 27 in observance of the first day of Ganesh Chaturthi
 "Bank holiday today: Are banks open or closed on Wednesday, August 27?")
A reasonable request: RBI should allow Indian banks to finance M&As
Restrictions on bank finance for M&As have had some perverse and unintended consequences.
 "A reasonable request: RBI should allow Indian banks to finance M&As")
RBI won't be found wanting if 50% US tariff hurts growth: Governor
Says Basel-III norms for credit and market risks likely from April 2027
 "RBI won't be found wanting if 50% US tariff hurts growth: Governor")
Bank holidays in India 2025: Are banks open or closed today on Aug 25?
Bank Holiday: For Tirubhav Tithi, banks in Assam will close on August 25,2025, but banks in the rest of India will stay open. Ganesh Chaturthi is a follow-up holiday on August 27. Read on to know more
 "Bank holidays in India 2025: Are banks open or closed today on Aug 25?")
India's $695 billion reserves can cover 11 months of exports: RBI Governor
RBI Governor Sanjay Malhotra said India's forex reserves at $695 billion can cover 11 months of imports, giving the economy a strong buffer against global shocks ahead of Aug 27 tariff deadline
 "India's $695 billion reserves can cover 11 months of exports: RBI Governor")
The RBI's monetary policy framework has worked well, change not required
The trend-inflation rate has hovered close to the target, except mostly in times of excess volatility, and the credibility of the central bank has visibly strengthened
Yes Bank stake sale to Sumitomo gets RBI approval for 24.99% acquisition
The RBI has approved Japanese lender Sumitomo Mitsui Banking Corporation to acquire up to 24.99 per cent stake in Yes Bank; the approval is valid for one year and SMBC will not be a promoter
 "Yes Bank stake sale to Sumitomo gets RBI approval for 24.99% acquisition")
Bond yields rise to around five-month high on fears of increased supply
Market participants said that the yield on the benchmark 10-year bond might rise to 6.58-6.60 per cent during the next week
 "Bond yields rise to around five-month high on fears of increased supply")
RBI approves Indranil Bhattacharya's nomination as MPC ex-officio member
Indranil Bhattacharyya, Executive Director at RBI, has been nominated as an ex officio member of the Monetary Policy Committee (MPC), following the 618th meeting of the RBI's Central Board in Lucknow
 "RBI approves Indranil Bhattacharya's nomination as MPC ex-officio member")
RBI names Indranil Bhattacharyya as new MPC member ahead of October meet
The RBI Board approved Bhattacharyya's nomination as an ex officio MPC member, replacing Rajiv Ranjan
RBI board to meet Friday to approve new internal monetary policy member
The RBI board will approve Indranil Bhattacharyya as the new internal member of the monetary policy committee, replacing Rajiv Ranjan ahead of the next review in late September