Page 18 - Latest Updates on Reserve Bank of India
Hit by falling FD rates? Consider these funds with 3-year horizon
Hit by falling FD rates? Consider these funds with 3-year horizon
 "Hit by falling FD rates? Consider these funds with 3-year horizon")
Digital payments cross ₹65,000 cr in volume, ₹12,000 trn in value in 6 yrs
As on May 31, 2025, around 4.77 crore digital touch points have been deployed through PIDF
 "Digital payments cross ₹65,000 cr in volume, ₹12,000 trn in value in 6 yrs")
Inflation likely to be below RBI's target in FY26: FinMin review
There is more room for monetary policy easing, says Finance Ministry
 "Inflation likely to be below RBI's target in FY26: FinMin review")
RBI proposes new regime for co-op bank branch expansion, ATM setup
New ECBA framework to replace FSWM norms; banks must meet capital, profit, and compliance standards for authorisation
 "RBI proposes new regime for co-op bank branch expansion, ATM setup")
RBI's digital payments index increases to 493.22 as of March 2025
Index up from 465.33 in September 2024, reflecting rapid digital adoption and stronger payment infrastructure and performance across India
 "RBI's digital payments index increases to 493.22 as of March 2025")
Tata Sons expects reprieve from IPO deadline amid RBI rule review
The RBI had earlier classified Tata Sons as a top tier non-banking lender, forcing it to list by September this year
 "Tata Sons expects reprieve from IPO deadline amid RBI rule review")
An inclusive index: More data needed to strengthen financial inclusion
The index is composed of three key parameters - access, usage, and quality - all of which have shown improvement this year
 "An inclusive index: More data needed to strengthen financial inclusion")
Indian economy can grow over 6.5% in FY26 without hurdles: RBI MPC member
Nagesh Kumar said that Indian economy, among all economies, continues to remain a bright spot for the world
 "Indian economy can grow over 6.5% in FY26 without hurdles: RBI MPC member")
RBI grants 1-month extension to IndusInd Bank's committee of executives
Bank's chief human resources officer resigns after a two-decade stint with the bank
 "RBI grants 1-month extension to IndusInd Bank's committee of executives")
Centre appoints Anuradha Thakur as director on central board of RBI
The move comes a day after Seth was named chairman of the Insurance Regulatory and Development Authority of India (Irdai)
 "Centre appoints Anuradha Thakur as director on central board of RBI")
RBI to consider giving Section-8 MFI firms' access to credit bureaus
The lack of access to credit information leaves Section-8 MFIs in the dark about the worthiness of their clients, while allowing borrowers to exploit the arbitrage between Section-8 and mainline MFIs
 "RBI to consider giving Section-8 MFI firms' access to credit bureaus")
Tata Chairman N Chandrasekaran's compensation up 15% at ₹156 crore in FY25
During FY25, Tata Sons' profit fell 24.3 per cent to ₹26,232 crore from ₹34,654 crore the previous year, according to the company's annual report
 "Tata Chairman N Chandrasekaran's compensation up 15% at ₹156 crore in FY25")
RBI to hold rates in August, expected to cut again later this year: Poll
Subdued inflation has allowed policymakers room to cut rates but with the economy expanding at a rapid 7.4 per cent rate
 "RBI to hold rates in August, expected to cut again later this year: Poll")
RBI sees tepid demand at VRR auction ahead of ₹2 trillion reversal
The Reserve Bank of India saw lower-than-expected bids at its overnight VRR auction, with market participants anticipating the reversal of Rs. 2 trillion on Friday
Net ECB inflows rise to $4.4 billion in April-May 2025, shows RBI data
External Commercial Borrowing inflows surge to $4.4 billion in April-May 2025, driven by capital expenditure, despite a slowdown in new ECB registrations
 "Net ECB inflows rise to $4.4 billion in April-May 2025, shows RBI data")
RBI injects liquidity to rein in soaring weighted average call rates
Overnight rates breached MSF ceiling; RBI injects ₹50,000 crore to ease market liquidity
 "RBI injects liquidity to rein in soaring weighted average call rates")
Co-op bank call market activity rebounds after RBI platform directive
Co-operative bank participation in the call money market has rebounded after a drop following RBI's mandate for NDS-CALL platform membership, says RBI report
 "Co-op bank call market activity rebounds after RBI platform directive")
Flows into NRI deposits moderate to $1.9 billion in April-May 2025
NRI deposit inflows fell to $1.9 billion in April-May 2025 from $2.8 billion a year earlier, with declines across FCNR, NRE and NRO categories, RBI data showed
Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO
We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar
 "Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO")
Signs of slippage: Certain segments of borrowers require attention
Unsecured lending by scheduled commercial banks (SCBs) steadily grew over the past several years and touched 25.5 per cent of the credit extended in March 2023
 "Signs of slippage: Certain segments of borrowers require attention")