Page 32 - Latest Updates on Reserve Bank of India
150 years of BSE: When the nation witnessed a rally before independence
The concluding part of the Booms and Busts series looks at the share market rally ahead of Independence, and its eventual decline
 "150 years of BSE: When the nation witnessed a rally before independence")
Banks' shares surge on marginally lower than expected hit on net worth
Bank's shares jump 7%; focus now shifts to forensic audit report
 "Banks' shares surge on marginally lower than expected hit on net worth")
DLAI rebrands itself to Unified Fintech Forum as it pursues SRO bid
The body represents 120 members in regulated and unregulated firms engaged in digital financial services
 "DLAI rebrands itself to Unified Fintech Forum as it pursues SRO bid")
IndusInd Bank up 13% in 3 days as PwC pegs lower impact in derivative biz
With the estimates by the external agency in-line with the management's announcement, it is expected to restrict any major downside, ICICI Securities said.
 "IndusInd Bank up 13% in 3 days as PwC pegs lower impact in derivative biz")
Poonawalla Fincorp forays into gold loan biz with quick financing solutions
Poonawalla Fincorp's entry into the gold loan business comes after the Reserve Bank of India (RBI) released draft guidelines on gold loans
 "Poonawalla Fincorp forays into gold loan biz with quick financing solutions")
What drove the rally in IndusInd Bank shares today? Check details here
Foreign Portfolio Investors increased their holding in the bank by nearly 5 percentage points to 29.5% in March 2025 quarter from 24.7% at the end of December 2024 quarter.
 "What drove the rally in IndusInd Bank shares today? Check details here")
RBI's liquidity infusion plan pushes govt bonds to over 3-year highs
Reserve Bank of India will buy bonds worth ₹40,000 crore ($4.67 billion) and will also conduct 43-day repo for ₹1.50 trillion on Thursday
 "RBI's liquidity infusion plan pushes govt bonds to over 3-year highs")
India moves to deepen junk debt market by allowing bad loan securitisation
Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track
 "India moves to deepen junk debt market by allowing bad loan securitisation")
150 years of BSE: When 100 banks failed and took stockbrokers with them
As the country's oldest stock exchange, the BSE, completes 150 years, Business Standard looks at lesser-known events from the pages of India's stock-market history
 "150 years of BSE: When 100 banks failed and took stockbrokers with them")
Goods exempted under notifications can be brought into bonded warehouses
RBI itself allows initial period of 9 months to realise export proceeds
 "Goods exempted under notifications can be brought into bonded warehouses")
Bank of India cuts interest rates on short and medium-term FDs
The decision came on Saturday (April 12) after the Reserve Bank of India cut the policy repo rate by another 25 bps to 6 per cent
 "Bank of India cuts interest rates on short and medium-term FDs")
India's outward FDI up 20% at $5.81 bn in March 2025, shows RBI data
Singapore top FDI destination in Jan-Mar 2025
 "India's outward FDI up 20% at $5.81 bn in March 2025, shows RBI data")
Proposed RBI norms may hit gold-loan NBFCs in near term: Analysts
Some analysts noted that gold loan financiers may consider increasing interest rates on such loans
India's forex reserves rise by $10 billion on inflows, revaluation
Foreign currency assets increased due to inflows and revaluation as the dollar weakened over the week, said market participants
 "India's forex reserves rise by $10 billion on inflows, revaluation")
Growth risks to nudge RBI towards deeper rate cuts, say economists
Growth in Asia's third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war
Trading guide, April 11: Trump 90-day tariff halt, global sell-off, TCS Q4
In the previous session, Indian markets ended in the red after the RBI MPC cut the repo rate by 25 basis points to 6 per cent, and shifted its policy stance from 'accommodative' to 'neutral'.
 "Trading guide, April 11: Trump 90-day tariff halt, global sell-off, TCS Q4")
Financial inclusion is not a licence to exploit: RBI Deputy Governor
NBFCs pulled up for lax underwriting, steep charges
 "Financial inclusion is not a licence to exploit: RBI Deputy Governor")
Banks to remain closed today for Mahavir Jayanti; check holidays' list
The RBI announces bank holidays through its official channels, such as its website and bank notifications. The bank holidays are classified under three categories
 "Banks to remain closed today for Mahavir Jayanti; check holidays' list")
IndusInd Bank-like incidents not failures but episodes: Guv Malhotra
RBI is working to ensure frequency of such occurrence is less, he said
 "IndusInd Bank-like incidents not failures but episodes: Guv Malhotra")
Tariffs to hit growth, but India may dodge the worst: Guv Malhotra
Rupee free to move if global forces weigh, says RBI governor