Page 8 - Latest Updates on Reserve Bank of India
Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval
Former SBI managing director Vinay Muralidhar Tonse joins Yes Bank as MD & CEO designate for three years and will take charge from incumbent Prashant Kumar in April 2026
 "Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval")
Jittery bond traders constrain RBI's liquidity management options
The weighted average call rate (WACR) has stayed around 5.07 per cent , since the start of February, even while the policy repo rate remains at 5.25 per cent
 "Jittery bond traders constrain RBI's liquidity management options")
RBI revises counterparty credit risk rules to align with Basel norms
RBI revises counterparty credit risk framework to align with Basel norms, refining capital treatment for derivatives exposures and clarifying rules for clearing members
 "RBI revises counterparty credit risk rules to align with Basel norms")
Global banks push back on RBI's plan for offshore rupee trade reporting
Banks told the RBI the proposal could breach client confidentiality and conflict with data and reporting rules in other jurisdictions
 "Global banks push back on RBI's plan for offshore rupee trade reporting")
Waiver danger: Repeated agricultural loan bailouts must be avoided
Maharashtra's new farm loan waiver may fulfil a poll promise, but repeated debt relief risks weakening credit discipline and straining the state's fiscal balance
 "Waiver danger: Repeated agricultural loan bailouts must be avoided")
Bank fraud: The blind spots of risk control and the culture behind failures
Sophisticated systems track risk, but culture - shaped by incentives and frontline pressures - remains the real control
 "Bank fraud: The blind spots of risk control and the culture behind failures")
Digital lending boom raises risks if credit poorly underwritten: RBI DG
RBI Deputy Governor Swaminathan J cautions that while digital lending and platform-based models expand financial access, weak credit underwriting could deepen borrower distress
 "Digital lending boom raises risks if credit poorly underwritten: RBI DG")
RBI steps up support for rupee, bond markets as crude oil prices surge
Central bank steps into forex and bond markets as rising crude prices threaten inflation, the rupee and government finances
 "RBI steps up support for rupee, bond markets as crude oil prices surge")
West Asia conflict threatens Indian economy's 'Goldilocks' phase
RBI's MPC may face a tough growth-inflation trapeze
 "West Asia conflict threatens Indian economy's 'Goldilocks' phase")
RBI likely selling dollars as rupee weakens amid Iran war, say traders
An over 20 per cent jump in oil prices triggered a broad-based selloff in Asian stocks and currencies on Monday as investors fretted over the deepening conflict in the Middle East
Fino Payments Bank gets RBI nod to name Ketan Merchant its interim CEO
Rishi Gupta's return to office subject to NRC, board reassessment and RBI view
 "Fino Payments Bank gets RBI nod to name Ketan Merchant its interim CEO")
RBI adopts calibrated approach to liquidity management amid tax outflows
The RBI has announced Rs 1 trillion in OMO purchases to cushion tightening from advance tax outflows, even as broader pressures on durable liquidity persist due to forex interventions
 "RBI adopts calibrated approach to liquidity management amid tax outflows")
RBI removes NOFHC requirement for AU SFB's transition to Universal Bank
Instead, the regulator now said the NOFHC structure will be required only if the bank or its promoter proposes to establish any group entity in the future
 "RBI removes NOFHC requirement for AU SFB's transition to Universal Bank")
RBI draft proposes up to ₹25,000 compensation for small digital frauds
RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days
India's forex reserves hit record $728.5 bn on gold, currency gains
India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data
 "India's forex reserves hit record $728.5 bn on gold, currency gains")
RBI deploys nearly $12 billion to defend rupee amid West Asia war: Bankers
The scale of the intervention underscores the challenge the Reserve Bank of India faces in containing volatility triggered by the Middle East conflict that has entered its seventh day
RBI's forward-book dollar deficit surges to $68.4 billion in January
RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions
 "RBI's forward-book dollar deficit surges to $68.4 billion in January")
Productive capital, inclusion key to next growth phase: RBI Dy Guv
RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection
Fino PB sees no uncertainty over SFB nod from RBI after CEO's arrest
Bank's transition into SFB on track; no financial impact so far from the events that have unfolded
 "Fino PB sees no uncertainty over SFB nod from RBI after CEO's arrest")
India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI
The current account deficit stood at $11.3 billion, or 1.1 per cent of GDP, in the corresponding quarter of 2024-25
 "India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI")