Page 37 - Latest Updates on Reserve Bank of India
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
 "RBI sees tepid demand at VRR auction ahead of ₹2 trillion reversal")
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")
Inflation undershoots, yet risks remain: Rate cuts may spark volatility
The MPC's June 2025 decision to cut the repo rate by 50 basis points - more than expected - surprised markets
 "Inflation undershoots, yet risks remain: Rate cuts may spark volatility")
Customer complaints rising fast, bankers lacking empathy, says RBI DG
The DG said a banker has to act quickly, endure uncertainty, recover from setbacks, and stay focused over the long run
Not mandatory for customers to opt for digital banking: RBI draft norms
Further, the norms stated that banks should obtain consent from customers for providing digital banking services
RBI's intent to close outstanding EDPMS entries deserves praise
The RBI introduced the EDPMS to monitor the realisation of export proceeds in February 2014
Lower home loan EMIs spark increased buyer interest amid repo rate cuts
House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25)
 "Lower home loan EMIs spark increased buyer interest amid repo rate cuts")
RBI to hold ₹2 trillion 7-day VRRR auction to absorb surplus liquidity
RBI to conduct seven-day Variable Rate Reverse Repo auction on Friday to absorb Rs 2 trillion as banking system liquidity remains in surplus of over Rs 3 trillion
UCB directors must probe management to boost governance: RBI's Swaminathan
RBI advises UCB directors to ask tough questions to senior management to ensure ethical, transparent, and prudent operations, aiming to prevent distress in the banks
Climate risks may impact biz segment consisting largely of MSMEs: DG Rao
RBI Deputy Governor M Rajeshwar Rao highlights that climate risks will impact MSMEs, unorganised sectors, and unlisted corporates, stressing the need for awareness and risk assessments
 "Climate risks may impact biz segment consisting largely of MSMEs: DG Rao")
RBI's liquidity steps to aid 100 bps rate cut transmission in 2025: Fitch
Credit rating agency Fitch Ratings says ₹5.6 trillion liquidity infusions and cash reserve ratio cut will support loan growth, though banks may see short-term pressure on margins
 "RBI's liquidity steps to aid 100 bps rate cut transmission in 2025: Fitch")