Page 4 - Latest Updates on Reserve Bank of India
FY26 NRI deposits declined to $14.4 billion: RBI's monthly bulletin
Inflows into India's non-resident deposit schemes moderated in FY26, with FCNR(B) deposits witnessing a sharp slowdown, RBI data showed
 "FY26 NRI deposits declined to $14.4 billion: RBI's monthly bulletin")
RBI may turn to 2013 taper tantrum playbook to defend weakening rupee
The urgency has grown after the rupee slumped to a record low of nearly 97 per dollar this week, driving up import costs and further eroding investors' confidence
 "RBI may turn to 2013 taper tantrum playbook to defend weakening rupee")
RBI not in favour of rate hikes to defend rupee, prioritises inflation
India's rupee has fallen nearly 6 per cent since the Iran war began late in February and slumped to a record low of nearly 96.96 per dollar on Thursday
 "RBI not in favour of rate hikes to defend rupee, prioritises inflation")
Rupee snaps 9-day losing streak to emerge as best-performing Asian currency
The rupee ended a nine-day losing streak on Thursday, aided by RBI intervention in the NDF market and easing crude oil prices
 "Rupee snaps 9-day losing streak to emerge as best-performing Asian currency")
India's outbound FDI commitments decline 10.8% to $5.6 billion in April
India's outward foreign direct investment commitments fell 10.8 per cent year-on-year in April, led by lower guarantees and debt commitments
 "India's outbound FDI commitments decline 10.8% to $5.6 billion in April")
Currency in circulation rises 11%, nears record ₹43 trillion by mid-May
In absolute terms, CiC expanded by Rs 1.15 trillion during the first one and a half months of FY27, indicating sustained demand for cash despite continued growth in digital payments
 "Currency in circulation rises 11%, nears record ₹43 trillion by mid-May")
RBI set for record dividend transfer to govt, fiscal gap likely to persist
An expected ₹3.05 trillion handover, the midpoint of the poll, would be the highest share of expected government revenue in more than two decades, excluding the fiscal year 2019-2020
 "RBI set for record dividend transfer to govt, fiscal gap likely to persist")
RBI weighs all options including rate hike, forex swaps to stabilise rupee
The next scheduled monetary policy decision is on June 5, although the RBI has previously made an out-of-cycle adjustment in May 2022
 "RBI weighs all options including rate hike, forex swaps to stabilise rupee")
India's shrinking bond yield cushion: Why the US-India spread matters
India's 10-year bond yield premium over the US has narrowed to around 250 basis points, well below its decade average. But does that mean RBI will cut rates? Let's find out
 "India's shrinking bond yield cushion: Why the US-India spread matters")
Is India's inflation targeting too rigid for this oil-shock climate?
A credible framework requires credible measures of price expectations
 "Is India's inflation targeting too rigid for this oil-shock climate?")
Govt defends ₹8,415 crore Yes Bank AT1 bond write down before Supreme Court
Argues in SC that the decision was needed for the bank's survival
 "Govt defends ₹8,415 crore Yes Bank AT1 bond write down before Supreme Court")
RBI to conduct overnight VRR auction to infuse ₹1.25 trillion liquidity
The Reserve Bank of India will conduct an overnight VRR auction on Thursday to manage evolving liquidity conditions and keep overnight rates aligned with the policy repo rate
Invisible crisis: AI-powered cyber-attacks can endanger financial stability
The IMF warns that AI-powered cyberattacks could threaten global financial stability, exposing vulnerabilities in digital payment systems and banking infrastructure
 "Invisible crisis: AI-powered cyber-attacks can endanger financial stability")
RBI to conduct five-day VRR auction on Wednesday for ₹1.5 trillion
The Reserve Bank of India will conduct a five-day variable rate repo auction to manage evolving liquidity conditions in the banking system
RBI withdraws IFR requirement for banks maintaining market risk capital
RBI eases IFR norms for banks under revised investment portfolio framework
Gunveer Singh elevated as RBI Executive Director with effect from May 18
The Reserve Bank of India has elevated Gunveer Singh as Executive Director to oversee the Department of Payment and Settlement Systems
Gunveer Singh appointed RBI Executive Director with immediate effect
Prior to this, Singh was serving as Chief General Manager-in-Charge of Department of Payment and Settlement Systems of the central bank
Don't think India wants to move towards stringent capital controls: Kotecha
India is in a far healthier position from an economic perspective than it was during the taper tantrum period
 "Don't think India wants to move towards stringent capital controls: Kotecha")
Fintechs set to take fresh guard as reality comes to bite the sector
With funding tightening and regulators increasing scrutiny on risk, firms must move past the growth-at-all-costs model to survive
 "Fintechs set to take fresh guard as reality comes to bite the sector")
RBI relief to NBFCs likely to spur participation in equity markets
New norms, effective from July, exempt smaller NBFCs from registration need
 "RBI relief to NBFCs likely to spur participation in equity markets")