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War, weak monsoon raise upside risks to inflation
India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued
During the reported month, the RBI bought $21.4 billion, while it sold $13.99 billion. The central bank had net bought $2.53 billion in January
Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI's role and India's external stability strategy
Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors
RBI clears Vivek Tripathi as whole-time director of AU SFB, as the lender gears up for growth and a potential transition to a universal bank
The total outstanding NRI deposits stood at $167.58 billion as of the end of February 2026
The conflict in West Asia has intensified pressures on the global supply chains in March with some easing observed in the first half of April
During the month, the RBI purchased $21.4 billion and sold $13.99 billion. In January, it had net bought $2.5 billion
RBI proposes new PPI norms to tighten risk controls, enable interoperability with UPI and cards, and streamline wallet classification
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