Page 42 - Latest Updates on Reserve Bank of India
Jana Small Finance Bank applies to RBI for transition to universal bank
Jana Small Finance Bank has applied to the RBI for voluntary transition to a universal bank, meeting key financial criteria including NPAs below regulatory thresholds for two years
 "Jana Small Finance Bank applies to RBI for transition to universal bank")
Microfinance in vicious cycle of debt, high rates, warns RBI deputy guv
RBI Deputy Governor M Rajeshwar Rao warns of high interest rates, borrower over-indebtedness, and coercive recovery in India's microfinance sector, calls for urgent lender reforms
 "Microfinance in vicious cycle of debt, high rates, warns RBI deputy guv")
Muthoot Finance rallies 10% in 2 days, mcap crosses ₹1 trillion; here's why
RBI's revised guidelines are structurally positive for small-ticket credit lenders like Muthoot and Manappuram Finance, believe market analysts.
 "Muthoot Finance rallies 10% in 2 days, mcap crosses ₹1 trillion; here's why")
Search for stability: RBI has done nearly all it can to steady economy
It is expected to enhance the transmission of the policy-rate reduction and reduce the cost of funds for the banking system
 "Search for stability: RBI has done nearly all it can to steady economy")
RBI's T Rabi Sankar joins 16th Finance Commission as part-time member
T Rabi Sankar's appointment comes after Ajay Narayan Jha, one of the full-time members of the commission, stepped down due to personal reasons
 "RBI's T Rabi Sankar joins 16th Finance Commission as part-time member")
Monetary policy: RBI cuts repo rate by 50 bps, reverses stance to 'neutral'
Announces staggered CRR reduction of 100 bps
 "Monetary policy: RBI cuts repo rate by 50 bps, reverses stance to 'neutral'")
Things 'should soon settle down': RBI on IndusInd Bank's measures
RBI says it is satisfied with IndusInd Bank's accounting clean-up post derivatives irregularities but stresses it will act if necessary and has sharpened supervision tools
 "Things 'should soon settle down': RBI on IndusInd Bank's measures")
Going by past trends, transmission has happened much faster: RBI
Governor Sanjay Malhotra says monetary transmission is already outpacing past trends; FY26 growth projection held at 6.5%, but upside potential remains
 "Going by past trends, transmission has happened much faster: RBI")
CRR at 3% seen as new normal, RBI says it's sufficient for liquidity
The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025
 "CRR at 3% seen as new normal, RBI says it's sufficient for liquidity")
RBI repo rate cut by 50 bps: Corporate borrowing likely to remain tepid
CRR cut to partially offset margin pressure from rate cuts from H2 FY26
 "RBI repo rate cut by 50 bps: Corporate borrowing likely to remain tepid")
Markets cheer RBI's jumbo rate cut; Sensex ends 746.95 points higher
The Sensex closed at 82,189, up 747 points (0.9 per cent), while the Nifty 50 index settled at 25,003, gaining 252 points
 "Markets cheer RBI's jumbo rate cut; Sensex ends 746.95 points higher")
CRR cut surprised mkts; RBI may await data before next rate move: Analysts
The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables
 "CRR cut surprised mkts; RBI may await data before next rate move: Analysts")
RBI reviewing bank ownership structure, says Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra says the central bank is examining bank ownership structure and eligibility norms for licensing to meet the growing needs of an expanding economy
 "RBI reviewing bank ownership structure, says Governor Sanjay Malhotra")
RBI rejects Annapurna Finance's application to set up universal bank
RBI cites non-suitability under current guidelines as reason for turning down Bhubaneswar-based NBFC-MFI's bid for universal bank licence.
 "RBI rejects Annapurna Finance's application to set up universal bank")
No plans to raise foreign ownership cap in banks beyond 15%: RBI Governor
RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners
RBI monetary policy: Repo rate cut brings early Diwali cheer for consumers
The RBI reduced the policy repo rate for a third successive time, which was widely expected
 "RBI monetary policy: Repo rate cut brings early Diwali cheer for consumers")
RBI MPC meeting highlights: MPC continues to monitor incoming data, says Governor Sanjay Malhotra
RBI MPC meeting June 2025 highlights: MPC felt frontloading of rate cut will boost growth, RBI Governor Sanjay Malhotra said today; catch all the LIVE updates here
 "RBI MPC meeting highlights: MPC continues to monitor incoming data, says Governor Sanjay Malhotra")
RBI delivers a jumbo surprise; more reasons for INR to underperform: Nomura
The policy outlook will depend on the macro outlook. We see downside risks to the RBI's GDP growth and CPI inflation outlooks, said Nomura, in a note.
 "RBI delivers a jumbo surprise; more reasons for INR to underperform: Nomura")
'We've won the inflation battle': RBI Guv Sanjay Malhotra on rate cuts
RBI Governor Sanjay Malhotra says inflation is under control as repo rate is cut to 5.5%, CRR lowered to 3% and policy stance turned neutral to support growth and banking system liquidity
 "'We've won the inflation battle': RBI Guv Sanjay Malhotra on rate cuts")
5 key takeaways from RBI MPC June meet: Rate cut, CRR, inflation and more
RBI MPC's latest decisions come amid easing inflationary pressures and continued challenges to economic growth. Here are the highlights from the central bank's June policy meet
 "5 key takeaways from RBI MPC June meet: Rate cut, CRR, inflation and more")