Page 11 - Latest Updates on Reserve Bank of India
RBI exempts FCNR(B), ECB swap positions from banks' NOP-INR limits
The move is expected to support recently announced measures to attract foreign capital, while easing regulatory constraints on banks participating in RBI swap facilities
 "RBI exempts FCNR(B), ECB swap positions from banks' NOP-INR limits")
RBI launches FCNR(B) swap facility, allows banks flexibility on rates
The forex swap window, open until October 2026, will enable banks to mobilise fresh FCNR(B) deposits while the RBI bears the hedging cost on eligible inflows
India records $7.1 bn current account surplus in Q4 FY26: RBI data
The surplus stood at $13.7 billion, or 1.4 per cent of GDP, in the fourth quarter of 2024-25
 "India records $7.1 bn current account surplus in Q4 FY26: RBI data")
Rupee defence lifts RBI's net short dollar book past $110 billion mark
RBI ramped up its interventions after the rupee weakened to a record low on May 20, almost hitting the 97 per dollar mark
 "Rupee defence lifts RBI's net short dollar book past $110 billion mark")
Inflation likely rose to 4% in May amid rising food, fuel costs: Poll
RBI Governor Sanjay Malhotra said underlying inflation pressures remained benign, although second-round effects warranted vigilance
 "Inflation likely rose to 4% in May amid rising food, fuel costs: Poll")
Tango and Cash: Choreographed moves of RBI, Centre good for bond markets
The government and RBI have unveiled tax and policy measures to revive foreign investment, strengthen the balance of payments and support the rupee
 "Tango and Cash: Choreographed moves of RBI, Centre good for bond markets")
RBI, govt charm offensive may draw up to $50 billion global flows
Bond tax exemption, easier access for foreign funds may help cover FY27 BoP gap
Gross FDI may cross $100 billion in FY27: RBI Deputy Governor Poonam Gupta
Gross FDI inflows may surpass $100 billion in FY27, RBI Deputy Governor Poonam Gupta said, citing strong investment momentum despite global uncertainty
 "Gross FDI may cross $100 billion in FY27: RBI Deputy Governor Poonam Gupta")
Centre reappoints RBI Deputy Governor Swaminathan J. for 2 years
The Centre has extended the tenure of RBI Deputy Governor Swaminathan J. by two years from June 26, 2026, following his first term at the central bank
 "Centre reappoints RBI Deputy Governor Swaminathan J. for 2 years")
Rupee logs best day in two months on RBI's foreign flow measures
RBI's foreign flow measures help Indian currency appreciate to 94.94 against dollar
 "Rupee logs best day in two months on RBI's foreign flow measures")
Indian households expect inflation to spike as consumer confidence wanes
RBI surveys show Indian households expect inflation to jump amid US-Iran war tensions and weak monsoon forecasts, driving a steep decline in consumer confidence
 "Indian households expect inflation to spike as consumer confidence wanes")
A monetary policy beyond rates: Why RBI's latest moves matter more
Most importantly, the slew of reforms announced in today's meeting to support the rupee augurs well for the economy and markets while keeping the growth momentum sacrosanct
 "A monetary policy beyond rates: Why RBI's latest moves matter more")
Bond yields seen range-bound as RBI prioritises stability: Abakkus MF
In the bond market, the pause combined with a cautious undertone suggests that yields are likely to remain range-bound in the near term, albeit with a discernible upward bias as inflation risks build.
 "Bond yields seen range-bound as RBI prioritises stability: Abakkus MF")
RBI MPC strikes caution with growth cut, inflation risk: Sumeet Bagadia
The MPC's approach is data-dependent and cautiously hawkish: it acknowledges weaker growth, flags higher inflationary risks, and keeps policy unchanged for now to watch how the trade-off evolves.
 "RBI MPC strikes caution with growth cut, inflation risk: Sumeet Bagadia")
'RBI policy pause supports growth; balanced response to currency weakness'
Sarvjit Singh Samra of Capital Small Finance Bank said that RBI MPC has appropriately refrained from deploying interest rates as a tool to counter the recent weakness in the rupee.
 "'RBI policy pause supports growth; balanced response to currency weakness'")
RBI keeps repo rate unchanged at 5.25%; retains 'neutral' policy stance
The Reserve Bank of India held the repo rate at 5.25 per cent for a third straight review, raising its inflation forecast while warning of risks from the prolonged West Asia conflict
 "RBI keeps repo rate unchanged at 5.25%; retains 'neutral' policy stance")
Reserve Bank of India issues compounding order in Myntra Designs FEMA case
Walmart-owned online fashion retailer paid Rs 2.88 lakh to settle alleged contraventions related to overseas investment reporting and commitments
How markets are likely to react to RBI's interest rate and policy guidance
While a majority of economists expect the central bank to keep rates unchanged, some market indicators like overnight indexed swaps are already pricing in a rate hike
 "How markets are likely to react to RBI's interest rate and policy guidance")
Govt's rupee support measures likely to give RBI room to hold rates for now
Inflation pressures triggered by an energy price shock means the RBI will likely adopt a hawkish stance and prepare markets for potential rate hikes later this year, economists have said
 "Govt's rupee support measures likely to give RBI room to hold rates for now")
SBI chief backs rate pause, says India's growth story goes beyond Sensex
C S Setty urges investors to focus on India's long-term structural transformation rather than short-term market movements
 "SBI chief backs rate pause, says India's growth story goes beyond Sensex")