Page 4 - Latest Updates on Reserve Bank of India
RBI allows NBFCs access to term money market; volumes likely to rise
Move expected to improve liquidity and price discovery, though borrowing costs may remain aligned with commercial paper rates due to credit profile differences
 "RBI allows NBFCs access to term money market; volumes likely to rise")
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline
The measures were aimed specifically at curbing arbitrage trades between the onshore market and the non-deliverable forward (NDF) market, per bankers
 "Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline")
RBI goes for extended pause before rate hike amid rising uncertainties
RBI holds rates and signals a prolonged pause, balancing strong domestic fundamentals against rising global risks and persistent uncertainty
RBI plans to rationalise board norms, shift focus to strategy, policy
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
India's banking system resilient, safe, strong: RBI Governor Malhotra
RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place
 "India's banking system resilient, safe, strong: RBI Governor Malhotra")
'Quite possible that rates will remain low in the near to medium term'
RBI signals policy flexibility amid uncertainty, with stable growth outlook, no rate path commitment, and confidence in inflation control and financial stability
 "'Quite possible that rates will remain low in the near to medium term'")
RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR
Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal
 "RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR")
RBI opens term money market to NBFCs, corporates to boost liquidity
RBI allows NBFCs, corporates and AIFIs to participate in term money market to deepen liquidity, improve price discovery and strengthen policy transmission
 "RBI opens term money market to NBFCs, corporates to boost liquidity")
RBI simplifies MSME onboarding on TReDS, removes due diligence norm
RBI proposes removing due diligence requirement for MSMEs on TReDS platform to improve access to working capital and encourage wider participation
 "RBI simplifies MSME onboarding on TReDS, removes due diligence norm")
Rupee curbs due to excessive speculation, not a structural shift: RBI Guv
Deputy Governor T Rabi Sankar said there was an "artificial drying up" of supply in the market during those days, which led to the measures
Average unclaimed deposit payouts rise to ₹760 crore per month: RBI
RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts
 "Average unclaimed deposit payouts rise to ₹760 crore per month: RBI")
India's forex reserves sufficient, not a matter of concern: RBI governor
Forex reserves rose to $697.1 billion as of April 3, per the latest data, from $688.06 billion in the previous week
 "India's forex reserves sufficient, not a matter of concern: RBI governor")
Markets at crossroads: Policy framework must for sustained up move
While the Iran-US ceasefire has triggered a risk-on rally, amid falling oil prices, and improved investor sentiment, Apruva Sheth writes that the RBI policy will decide long-term trend sustainability
 "Markets at crossroads: Policy framework must for sustained up move")
RBI holds repo rate: What it means for equity, bond market investors?
RBI, on Wednesday, kept repo rate unchanged at 5.25% but trimmed FY27 growth outlook. Pankaj Pandey of ICICI Securities explains the policy impact onequity markets, bond yields, and investor strategy
 "RBI holds repo rate: What it means for equity, bond market investors?")
RBI policy shows it may be time to give fixed income investment a chance
West Asia conflict shifts RBI tone to caution; Rajkumar Singhal suggests investment strategy as RBI cuts growth outlook, raises inflation forecast
 "RBI policy shows it may be time to give fixed income investment a chance")
RBI policy carefully balances growth and inflation control: Somil Mehta
On the growth side, the RBI has maintained a positive outlook, projecting gross domestic product (GDP) growth at 6.9 per cent for FY27
 "RBI policy carefully balances growth and inflation control: Somil Mehta")
RBI policy highlights underlying risks for India despite US-Iran ceasefire
RBI flags inflation risks and trims FY27 growth to 6.9% despite US-Iran ceasefire relief. Gaura Sengupta highlights 5 key risks that RBI policy flags for India's economy
 "RBI policy highlights underlying risks for India despite US-Iran ceasefire")
RBI signals liquidity range to retain overnight rates closer to policy rate
RBI maintained that the weighted average call rate (WACR) is its operative rate, and it aims to keep it as close to the policy repo rate as possible
 "RBI signals liquidity range to retain overnight rates closer to policy rate")
RBI plans to ease bank's board norms to boost ease of doing business
The announcement comes weeks after HDFC Bank Chairman Atanu Chakraborty's abrupt resignation, citing ethical concerns
 "RBI plans to ease bank's board norms to boost ease of doing business")
RBI sees resilience despite West Asia crisis as it keeps repo rates steady
RBI Governor Sanjay Malhotra said the West Asia conflict has raised risks to growth and inflation via oil, trade, and supply chains, but government steps on supply chains and exports may limit the imp
 "RBI sees resilience despite West Asia crisis as it keeps repo rates steady")