Page 2 - Latest Updates on Reserve Bank of India
Explained: What is Account Aggregator framework, and how does it work?
From November 1, financial institutions will pay a standard fee to access customer data through the Account Aggregator network. Here's how the framework works and what the new pricing means for users
 "Explained: What is Account Aggregator framework, and how does it work?")
RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman
Open to views on long-term capital gains tax and securities transaction tax, says FM Nirmala Sitharaman
 "RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman")
Rupee rallies to 1-month high on RBI curbs, but banks remain uneasy
The rupee gained 0.6% in October, mainly due to a series of steps by the RBI in the last few days to curb speculative bets
 "Rupee rallies to 1-month high on RBI curbs, but banks remain uneasy")
RBI extends forex risk reserve requirement to banks' own hedging contracts
The central bank has mandated a 20 per cent reserve on eligible rupee derivative contracts used by authorised dealers to hedge their own currency risks, without a minimum transaction threshold
 "RBI extends forex risk reserve requirement to banks' own hedging contracts")
RBI tightens rupee derivatives rules, widens 20% cash reserve requirement
The move is the latest in a slew of measures announced by the central bank since Saturday aimed at supporting the rupee, which has been falling due to steep oil prices and capital outflows
 "RBI tightens rupee derivatives rules, widens 20% cash reserve requirement")
RBI's liquidity move lifts weighted average call money rates by 12 bps
The measures, including moves to increase the daily CRR maintenance limit to 99 per cent and bond sales through open market operations, will also help accelerate rate hike transmission, they said
Banks seek RBI relief, clarity on India's latest rupee-defence measures
Lenders have approached RBI via a forex industry body, seeking the removal of a mandate that banks make a 20% cash deposit with the RBI for FX derivatives used to hedge current-account exposures
 "Banks seek RBI relief, clarity on India's latest rupee-defence measures")
Rupee posts biggest gain in 6 months after RBI measures to support currency
The currency gained 1%, its biggest jump since April, to 95.7575 per dollar on Monday
 "Rupee posts biggest gain in 6 months after RBI measures to support currency")
RBI opens special dollar window for oil firms as rupee comes under pressure
Special window for PSU oil companies from Monday; Forex dealers will not permit users to rebook any foreign exchange derivatives
HDFC Bank's Anup Bagchi set to become India's highest-paid bank CEO
HDFC Bank proposes ₹35.9 crore in annual compensation for incoming MD & CEO Anup Bagchi, including ₹26.92 crore in variable pay, besides a ₹7.35 crore joining bonus
 "HDFC Bank's Anup Bagchi set to become India's highest-paid bank CEO")
Inflation pressures broaden as 37% of CPI basket rises above 4%: RBI
RBI's October Monetary Policy Report flags widening price pressures across goods and services, with food and fuel inflation adding to concerns over second-round effects
 "Inflation pressures broaden as 37% of CPI basket rises above 4%: RBI")
Bank deposits join CAS: What you may see, what may still be missing
Bank deposits will join the Consolidated Account Statement (CAS) from January 1. But will the move finally give consumers a complete picture of their financial life?
Is India's inflation problem spreading beyond food and fuel prices?
India's inflation rose to 4.8% in August from 3.4% in March, with food and fuel leading the rise, while core prices and services are now showing signs of wider pressure
 "Is India's inflation problem spreading beyond food and fuel prices?")
RBI rate cycle: How much did borrowers and savers actually benefit?
The RBI's previous rate cycle shows that changes in the repo rate did not translate equally into loan and deposit rates, with the impact varying across borrowers and Depositors
 "RBI rate cycle: How much did borrowers and savers actually benefit?")
Households turn wary on prices as consumer confidence slips: RBI surveys
The RBI's latest surveys show a widening gap between household price concerns and economic confidence, even as spending intentions remain resilient across urban and rural India
 "Households turn wary on prices as consumer confidence slips: RBI surveys")
Much needed policy adjustment
With inflation risks rising, RBI signals a measured tightening cycle ahead
RBI removes Paytm Payments Bank from list of recognised scheduled banks
RBI removes Paytm Payments Bank from the scheduled banks list after cancelling its banking licence over regulatory non-compliance
 "RBI removes Paytm Payments Bank from list of recognised scheduled banks")
India's rural economy decoupling from monsoon shocks, says RBI report
Rural incomes are becoming less dependent on monsoons as allied activities, irrigation and diversification cushion the impact of rainfall shortfalls.
 "India's rural economy decoupling from monsoon shocks, says RBI report")
Benefit to economy is goal, not cost of RBI operations: Governor Malhotra
RBI Governor Sanjay Malhotra says profit or surplus is incidental to the central bank's operations, stressing overall economic benefits amid questions over swap costs.
 "Benefit to economy is goal, not cost of RBI operations: Governor Malhotra")
Hawkish hike, but measured path ahead
Depending on growth-inflation dynamics, the repo rate could rise to 6-6.25 per cent next year
 "Hawkish hike, but measured path ahead")