Page 2 - Latest Updates on Reserve Bank of India
RBI revises cash credit and overdraft norms to boost monitoring, discipline
The Reserve Bank of India has introduced revised norms governing cash credit, current and overdraft accounts, aiming to give banks greater operational flexibility while strengthening credit discipline
 "RBI revises cash credit and overdraft norms to boost monitoring, discipline")
RBI completes bond buys, takes FY26 total to a record high of ₹3.16 trn
The central bank bought 500 billion rupees ($5.53 billion) of bonds at higher-than-expected cutoff prices, lifting secondary-market yields
ADB raises India's growth forecast by 70 bps to 7.2% on consumption boost
ADB has sharply raised India's FY26 growth forecast to 7.2% on stronger consumption post tax cuts, while inflation estimates have been lowered as prices soften and demand strengthens
 "ADB raises India's growth forecast by 70 bps to 7.2% on consumption boost")
RBI proposes full disclosure of forex transaction costs for retail users
RBI has proposed that authorised dealers give retail users a full break-up of transaction costs for forex cash, tom and spot contracts, including all fees, exchange rates and conversion charges
SBI MD flags concerns on Account Aggregator's single consent mechanism
Speaking at an event, Tiwari argued that most customers do not read the fine print and often sign up without understanding the details
 "SBI MD flags concerns on Account Aggregator's single consent mechanism")
Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs
RBI Governor Sanjay Malhotra urged banks to lower intermediation costs, improve service quality, and strengthen fraud safeguards, citing faster transmission after recent rate cuts
 "Days after rate cut, RBI Governor Malhotra prods bank CEOs to lower costs")
RBI overlap relief averts 2-6% hit to bank groups' advances, says CRISIL
CRISIL said RBI's final guidelines allowing overlapping lending within bank groups avert a 2-6 per cent hit to advances for 12 large groups, while keeping key NBFC and ARC proposals
Airpay gets RBI nod to operate as cross-border payment aggregator
The milestone positions airpay as a homegrown full-stack payments infrastructure provider for Indian enterprises, D2C brands and SMEs for both domestic and global markets
 "Airpay gets RBI nod to operate as cross-border payment aggregator")
Fino Payments Bank will adopt a cautious approach to lending: MD & CEO
Fresh off its RBI nod, Fino Payments Bank plans a cautious but differentiated path as it transitions into a small finance bank-with digital scale, low-cost liabilities and secured lending at its core
 "Fino Payments Bank will adopt a cautious approach to lending: MD & CEO")
Rate Cut effect: PFC, Sidbi plan to raise ₹11,000 crore from bond market
PFC had earlier withdrawn a Rs 3,000 crore three-year bond issuance on November 25 due to elevated corporate bond yields
 "Rate Cut effect: PFC, Sidbi plan to raise ₹11,000 crore from bond market")
We expect deposit rates to moderate after this rate cut, says RBI
RBI Governor Sanjay Malhotra said inflation remains benign and policy remains neutral, adding that future rate moves will depend on data and effective transmission
 "We expect deposit rates to moderate after this rate cut, says RBI")
RBI's 25-bps repo rate cut may revive housing demand as EMIs ease
The rate cut comes at a time when housing sales across the top Indian cities are moderating, with affordability concerns being one of the key factors behind the plateauing
 "RBI's 25-bps repo rate cut may revive housing demand as EMIs ease")
Unclaimed deposits in Oct reduced by ₹760 cr: RBI deputy guv S C Murmu
Unclaimed deposits fell by ₹760 crore in October as RBI pushes awareness drives, improves UDGAM access, and plans a two-month campaign to clear pending grievances from January 2026
 "Unclaimed deposits in Oct reduced by ₹760 cr: RBI deputy guv S C Murmu")
Retail CBDC transactions hit 120 mn, value crosses ₹28,000 crore: RBI DG
Retail CBDC transactions in India have crossed 120 million with a value of over ₹28,000 crore, as RBI works on programmability, new use-cases, and future cross-border capability
 "Retail CBDC transactions hit 120 mn, value crosses ₹28,000 crore: RBI DG")
Board approval must for bank entities to do same business, says RBI
RBI says bank's NBFC group entities that have not been independently identified as NBFC-Upper Layer are now exempted from listing
 "Board approval must for bank entities to do same business, says RBI")
Under pressure bank NIMs to squeeze further after RBI's 25 bps cut
Banks may face further margin pressure as repo-linked loan rates reset faster than deposits, though liquidity support and CRR cuts could soften the impact in Q4
 "Under pressure bank NIMs to squeeze further after RBI's 25 bps cut")
RBI cuts repo rate 25 bps to 5.25%, keeps stance neutral as inflation eases
Low inflation and strong economic growth mean Indian economy is in a 'rare Goldilocks' period, says RBI Governor
 "RBI cuts repo rate 25 bps to 5.25%, keeps stance neutral as inflation eases")
RBI's ₹1 trn OMO purchase to add liquidity: What is it and why it matters
RBI will inject durable liquidity through a ₹1 trillion OMO purchase and a $5 billion dollar-rupee swap. Here is what OMOs are, how they work, and why they matter as the rupee weakens
RBI partly accepts suggestions on FBB exposures in LEF and ITE regimes
RBI said FBB exposures to head offices and their branches will fall under LEF, while exposures to other group entities move to the ITE framework, with gross calculation retained
 "RBI partly accepts suggestions on FBB exposures in LEF and ITE regimes")
RBI to tolerate weaker rupee amid trade gap, dollar inflow pressures
By signaling tolerance for a weaker rupee, RBI is indicating that it will intervene mostly to curb sharp volatility or on any signs of a speculative build-up but not defend any specific level on rupee
