Page 40 - Latest Updates on Reserve Bank of India
Regulations should safeguard, not stifle: RBI Governor Sanjay Malhotra
Important to make financial systems secure, need to be mindful of not stifling investments
 "Regulations should safeguard, not stifle: RBI Governor Sanjay Malhotra")
RBI allows standalone primary dealers to participate in all repo operations
Earlier, SPDs were permitted to participate in all overnight liquidity management operations, excluding the Marginal Standing Facility
 "RBI allows standalone primary dealers to participate in all repo operations")
RBI imposes ₹75 lakh penalty on HDFC Bank, ₹68.2 lakh on Punjab & Sind Bank
According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its assessment and risk perception
 "RBI imposes ₹75 lakh penalty on HDFC Bank, ₹68.2 lakh on Punjab & Sind Bank")
Swap market prices in more RBI rate cuts amid weak growth, low inflation
OIS rates, the closest gauge of interest rate expectations, have eased by 10-15 basis points so far in March
 "Swap market prices in more RBI rate cuts amid weak growth, low inflation")
Regulations must not create unintended barriers to financial inclusion: Guv
Only a matter of time when cross-border payments will become much easier and cost-effective, says RBI Governor Sanjay Malhotra
 "Regulations must not create unintended barriers to financial inclusion: Guv")
Govt betting on households to help tackle India's $346 bn debt pile
A record ₹29.7 trillion ($346 billion) of sovereign bonds are due over the next five years, a result of pandemic-era borrowing and PM Modi's infrastructure-spending binge
 "Govt betting on households to help tackle India's $346 bn debt pile")
Markets Today: FIIs; Wall St; Trump tariffs; Active Infra, Rapid Fleet IPOs
In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent
 "Markets Today: FIIs; Wall St; Trump tariffs; Active Infra, Rapid Fleet IPOs")
RBI, NPCI approve Rs 2 hike in ATM interchange fee from May 1, 2025
The revised interchange is not applicable for micro-ATM, interoperable cash deposit (card-based and UPI-based), and international ATM transactions
 "RBI, NPCI approve Rs 2 hike in ATM interchange fee from May 1, 2025")
RBI's revised PSL norms: HDFC Bank, Federal Bank, IndusInd Bank to benefit
Augurs well for banks with relatively lower organic PSL generation
 "RBI's revised PSL norms: HDFC Bank, Federal Bank, IndusInd Bank to benefit")
Financial stocks trade mixed as RBI revises PSL norms; Nifty Bank tops 52K
Bank stocks today: HDFC Bank, AU SFB, Bajaj Finance, Bajaj Finserv, and Axis Bank shares were ruling higher in trade on Tuesday, March 25
 "Financial stocks trade mixed as RBI revises PSL norms; Nifty Bank tops 52K")
Rupee hits near three-month high, erases almost all 2025 losses
The domestic currency was the best-performing currency among its Asian peers in the current month so far
 "Rupee hits near three-month high, erases almost all 2025 losses")
Credit-deposit growth gap widens amid tight liquidity, shows RBI data
While credit expanded by Rs 1.38 trillion in the March 7 fortnight over the previous fortnight, deposits expanded by Rs 2.25 trillion
 "Credit-deposit growth gap widens amid tight liquidity, shows RBI data")
RBI likely to cancel next week's T-bill auction given large cash balance
Net liquidity in the banking system was in a deficit of ₹2.32 trillion as of Thursday, and has been in deficit mode for the past fourteen consecutive weeks
 "RBI likely to cancel next week's T-bill auction given large cash balance")
Payments banks seek higher deposit limit, urge FinMin to raise to Rs 5 lakh
The previous increase was in April 2021, when the maximum end-of-day balance was raised from ₹1 lakh to ₹2 lakh
 "Payments banks seek higher deposit limit, urge FinMin to raise to Rs 5 lakh")
Net ECB inflows surge over 2x to $18.4 billion in 10MFY25: RBI data
ECB outflows due to principal repayments stood at $23.9 billion during the April 2024-January 2025 period, resulting in robust net inflows of $18.4 billion
 "Net ECB inflows surge over 2x to $18.4 billion in 10MFY25: RBI data")
RRBs get five more years to amortise additional pension liabilities
RRBs were earlier permitted to amortise their liability on account of the Employee Pension Scheme 2018 over five years
 "RRBs get five more years to amortise additional pension liabilities")
RBI appoints Indranil Bhattacharyya as executive director, effective Mar 19
As ED, Bhattacharyya will oversee the department of economic and policy research
Indranil Bhattacharyya appointed as new executive director of RBI
Prior to his promotion as ED, Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI
DLAI to rebrand itself to Unified Fintech Forum as it pursues its SRO bid
This is in response to the Reserve Bank of India's (RBI's) internal feedback on its bid for official SRO status, according to three sources from the fintech industry
 "DLAI to rebrand itself to Unified Fintech Forum as it pursues its SRO bid")
Remittances to India from advanced economies surpass Gulf inflows: RBI
Indian migrants in the Gulf Cooperation Council (GCC) countries account for around half of the total Indian migrants in the world
 "Remittances to India from advanced economies surpass Gulf inflows: RBI")