Page 35 - Latest Updates on Reserve Bank of India
Banks propose RBI switch to overnight liquidity management, new benchmark
The 14-day variable rate repo, or reverse repo, has been the RBI's main cash management tool since a change in 2020 that was intended to reduce lenders' reliance on the central bank
 "Banks propose RBI switch to overnight liquidity management, new benchmark")
RBI to cut rates three more times this year on tariff threat, says Citi
India's economy is forecast to grow by 6.7 per cent in the current financial year, according to the central bank's estimate released in February
 "RBI to cut rates three more times this year on tariff threat, says Citi")
RBI maintains FPI investment caps in govt securities, corp bonds for FY26
The Reserve Bank of India (RBI) maintained the existing caps of 6 per cent for government securities, 2 per cent for state government securities and 15 per cent for corporate bonds
 "RBI maintains FPI investment caps in govt securities, corp bonds for FY26")
Assocham urges RBI to hold rates, advises 'wait and watch' approach
Assocham president Sanjay Nayar emphasised that the RBI has already injected liquidity into the market through various measures
 "Assocham urges RBI to hold rates, advises 'wait and watch' approach")
Run up to MPC review: RBI actively focusing on policy rate transmission
Amid fiscal consolidation, heavy lifting by central bank to support economy
 "Run up to MPC review: RBI actively focusing on policy rate transmission")
RBI's Rs 80,000 cr OMO push drags 10-year government bond yield under 6.5%
State-owned banks rushed to replenish their held-to-maturity (HTM) portfolios ahead of the auctions, further driving yields lower, according to dealers
 "RBI's Rs 80,000 cr OMO push drags 10-year government bond yield under 6.5%")
Govt appoints Poonam Gupta as new RBI Deputy Governor ahead of MPC
The government has appointed NCAER Director General Poonam Gupta as the RBI Deputy Governor for a three-year term
 "Govt appoints Poonam Gupta as new RBI Deputy Governor ahead of MPC")
RBI tells banks to continue joint account for surviving spouse's pension
Spouse entitled for family pension must be survivor
 "RBI tells banks to continue joint account for surviving spouse's pension")
RBI strengthening financial system amid challenges: Governor Malhotra
Central bank's role has expanded significantly beyond initial mandate, he says
 "RBI strengthening financial system amid challenges: Governor Malhotra")
RBI is architect of India's financial transformation: President Murmu
Central bank has ensured financial system's resilience in 'face of any adverse international trends'
 "RBI is architect of India's financial transformation: President Murmu")
Bank Holiday 2025: Will banks remain shut today, April 1? Why?
Major banks across the country will remain closed today due to closure for the previous year's financial year (2024-25). Here's all you need to know
 "Bank Holiday 2025: Will banks remain shut today, April 1? Why?")
RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra
The RBI shall continue to be supportive to manage excessive volatility without targeting any particular level or band of exchange rate, said Malhotra
 "RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra")
Payment aggregators push back against Juspay Tech's orchestration
Delays, token access hurdles spark industry opposition; open-source move under scrutiny
 "Payment aggregators push back against Juspay Tech's orchestration")
MPC likely to trim rate by 25 basis points in April meet: BS Poll
The RBI will announce the review of the policy meeting on April 9
 "MPC likely to trim rate by 25 basis points in April meet: BS Poll")
External risks: US trade policy may affect economic growth in FY26
According to the National Statistics Office's second advance estimates, the Indian economy is estimated to have grown 6.5 per cent in FY25
 "External risks: US trade policy may affect economic growth in FY26")
H1 borrowing calendar: 30-year green bonds likely to see strong demand
The amount will be raised in two tranches of Rs 5,000 crore each. The government has allocated Rs 48,000 crore for sovereign green bonds in FY26
 "H1 borrowing calendar: 30-year green bonds likely to see strong demand")
Govt faces leadership gaps across key financial regulatory bodies
The applicant should have a minimum of two years of residual service as on the date of vacancy
 "Govt faces leadership gaps across key financial regulatory bodies")
RBI raises liquidity limit for standalone primary dealers to Rs 15,000 cr
Reserve Bank of India has decided to increase the aggregate limit made available to the Standalone Primary Dealers
Services sector credit growth dips sharply in February, shows RBI data
Retail growth moderates on slump in unsecured credit
 "Services sector credit growth dips sharply in February, shows RBI data")
RBI mandates banks to conduct special clearing operations on March 31
Income tax offices as well as CGST offices across the country will remain open on March 29 to March 31 despite the weekend and Eid-al-Fitr, which may fall on Monday
 "RBI mandates banks to conduct special clearing operations on March 31")