Page 22 - Latest Updates on Reserve Bank of India
RBI policy: MPC maintains repo rate at 5.5%, keeps stance 'neutral'
RBI MPC August meet: The monetary policy committee eased inflation projections for FY26 to 3.1%, down from 3.7%; GDP forecast remains unchanged
 "RBI policy: MPC maintains repo rate at 5.5%, keeps stance 'neutral'")
RBI lowers inflation forecast to 3.1% for FY26; growth outlook unchanged
August MPC: RBI cuts FY26 inflation forecast to 3.1% on easing food prices, favourable monsoon; growth outlook steady at 6.5%, CRR cut to begin in September
 "RBI lowers inflation forecast to 3.1% for FY26; growth outlook unchanged")
RBI MPC meet: What stayed the same, what changed in August policy review
RBI's Monetary Policy Committee meeting today kept interest rates unchanged, lowered FY26 inflation forecast to 3.1 per cent, and CRR cut to begin in September 2025
 "RBI MPC meet: What stayed the same, what changed in August policy review")
RBI holds repo rate, says uncertainty of US tariffs 'still evolving'
Policy-setting committee continues with neutral stance as governor says Indian economy holds bright prospects
 "RBI holds repo rate, says uncertainty of US tariffs 'still evolving'")
IndusInd Bank appoints Rajiv Anand as MD & CEO for 3 years, effective Aug
Rajiv Anand has been appointed as the MD&CEO of IndusInd Bank for a 3-year term, effective from August 25, 2025, following the resignation of Sumant Kathpalia
 "IndusInd Bank appoints Rajiv Anand as MD & CEO for 3 years, effective Aug")
Use any tariff-triggered market correction to buy, says Jitendra Gohil
India is in a unique position where the return on equity for BSE 500 companies is among the best globally, second only to the US, says Gohil
 "Use any tariff-triggered market correction to buy, says Jitendra Gohil")
Rate cut? Status quo likely in Aug monetary policy despite inflation dip
RBI set to lower inflation projection, but GDP growth estimate and policy stance may remain unchanged
 "Rate cut? Status quo likely in Aug monetary policy despite inflation dip")
Rupee strengthens marginally as RBI intervention supports currency
The rupee inched up against the US dollar on August 1, likely aided by RBI intervention, even as foreign outflows and negative sentiment from US tariffs kept pressure on the currency
 "Rupee strengthens marginally as RBI intervention supports currency")
Bank holidays in August 2025: Banks closed for 15 days, check complete list
Bank holidays in August: In August 2025, national and regional holidays will cause banks throughout India to close for up to 15 days. Customers should schedule banking services in advance accordingly
 "Bank holidays in August 2025: Banks closed for 15 days, check complete list")
For the RBI, managing households' inflation expectations is critical, too
It is now well known that expectations significantly affect economic outcomes. Therefore, central banks focus a great deal on managing inflation expectations
 "For the RBI, managing households' inflation expectations is critical, too")
Credit growth dips sharply in June as farm, NBFC offtake weakens: RBI
The pace of credit growth on a Y-o-Y basis in retail and industrial credit also moderated in June 2025, Reserve Bank of India (RBI) data showed
 "Credit growth dips sharply in June as farm, NBFC offtake weakens: RBI")
Muted response to RBI's VRRR as overnight rates rise, reducing arbitrage
With WACR and tri-party repo rates climbing, banks park only ₹13,075 crore against RBI's ₹50,000 crore offer in overnight VRRR auction
RBI unlikely to revive daily fixed-rate lending despite market demand
The policy, called fixed rate liquidity operations, will help banks manage their needs better, several bankers proposed to the RBI in meetings held over the last few months
 "RBI unlikely to revive daily fixed-rate lending despite market demand")
Hit by falling FD rates? Consider these funds with 3-year horizon
Hit by falling FD rates? Consider these funds with 3-year horizon
 "Hit by falling FD rates? Consider these funds with 3-year horizon")
Digital payments cross ₹65,000 cr in volume, ₹12,000 trn in value in 6 yrs
As on May 31, 2025, around 4.77 crore digital touch points have been deployed through PIDF
 "Digital payments cross ₹65,000 cr in volume, ₹12,000 trn in value in 6 yrs")
Inflation likely to be below RBI's target in FY26: FinMin review
There is more room for monetary policy easing, says Finance Ministry
 "Inflation likely to be below RBI's target in FY26: FinMin review")
RBI proposes new regime for co-op bank branch expansion, ATM setup
New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation
 "RBI proposes new regime for co-op bank branch expansion, ATM setup")
RBI's digital payments index increases to 493.22 as of March 2025
Index up from 465.33 in September 2024, reflecting rapid digital adoption and stronger payment infrastructure and performance across India
 "RBI's digital payments index increases to 493.22 as of March 2025")
Tata Sons expects reprieve from IPO deadline amid RBI rule review
The RBI had earlier classified Tata Sons as a top tier non-banking lender, forcing it to list by September this year
 "Tata Sons expects reprieve from IPO deadline amid RBI rule review")
An inclusive index: More data needed to strengthen financial inclusion
The index is composed of three key parameters - access, usage, and quality - all of which have shown improvement this year