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With moderate growth in sales and rising expenses, operating profit growth slowed to 10.7 per cent in 2024-25 from 22.1 per cent in the previous year
RBI holds rates amid West Asia risks, as MPC flags inflation, supply shocks, and external pressures while maintaining a cautious growth outlook
Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026
The central bank's six-member MPC voted unanimously to keep the benchmark repurchase rate at 5.25 per cent
The changes in instructions on e-mandates were based on feedback from stakeholders, the RBI said
Fragile West Asia ceasefire and oil risks test India's economy, as the RBI balances rupee stability, inflation control, and growth amid rising global uncertainty
Market participants said the central bank now sees lower arbitrage risk after banks complied with the April 10 deadline
Jio Financial's NBFC arm bets on secured lending first, eyes unsecured segments later as it builds scale and strengthens its balance sheet
Forex intervention as needed; not committing to indefensible peg: Malhotra
The central bank had also stopped authorised dealers from entering into any FX derivative contract involving INR with their related parties
Domestic currency strengthens for second straight session as RBI curbs dollar demand from oil firms; forex reserves rise on higher foreign currency assets
Central bank absorbs surplus liquidity as banks bid Rs 2.28 trillion in VRRR auction, reflecting robust demand amid easing liquidity conditions
The RBI accepted the bid at a 5.24 per cent cut-off rate and 5.23 per cent weighted average rate
The state-run refiners have been asked to access the credit line via the State Bank of India, the sources said. SBI is India's largest bank and is state-backed
RBI to conduct Rs 2 trillion variable rate reverse repo auction to absorb surplus liquidity, with banking system surplus remaining above Rs 5 trillion
Murty had earlier served as a part-time member on Sebi's board as a government nominee
Weak spots in governance, asset quality, and risk discipline stall approvals
Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight
Bank credit expanded at the fastest pace since FY24, driven by corporate and MSME demand, while deposit growth lagged, widening the gap in the banking system
Bank Holiday Today: Central government offices are closed on April 14, 2026. Many banks across India will also remain shut, as Ambedkar Jayanti coincides with Tamil New Year and Vaisakhi