Page 44 - Latest Updates on Reserve Bank of India
RBI imposed penalties on 353 banks, other regulated entities in FY25
The contraventions/non-compliance were related to cyber security framework in banks; exposure norms and IRAC norms
 "RBI imposed penalties on 353 banks, other regulated entities in FY25")
India's GDP expands 7.4% in Q4 to meet annual growth estimates of 6.5%
Nominal GDP for FY25 grew at single digit at 9.8 per cent to Rs 330.7 trillion, slightly higher than Rs 324.1 trillion factored in the Budget
 "India's GDP expands 7.4% in Q4 to meet annual growth estimates of 6.5%")
FinMin suggests RBI to give relief for borrowers under ₹2 lakh gold loan
In April, the RBI released draft norms mandating, among other requirements, that borrowers furnish proof of ownership for the gold used as collateral
 "FinMin suggests RBI to give relief for borrowers under ₹2 lakh gold loan")
Banks set to miss fourth deadline to roll out cassette-swap system for ATMs
Banks, cash handling firms, and managed service providers are yet to work out the absorption of costs involved in the trade as well as the logistics of switching to the new system
 "Banks set to miss fourth deadline to roll out cassette-swap system for ATMs")
Sixty one per cent of floating rate loans linked to EBLR as of Dec 2024
Meanwhile, loans linked to marginal cost of funds based lending rate (MCLR) has reduced to 36 per cent as of December 2024, Reserve Bank of India (RBI) annual report revealed
 "Sixty one per cent of floating rate loans linked to EBLR as of Dec 2024")
Fake ₹500 notes at six-year high in FY25, ₹2000 counterfeits fall: RBI
The number of counterfeit notes below ₹200 denomination also rose by 13.9 per cent YoY to 32,600 pieces
 "Fake ₹500 notes at six-year high in FY25, ₹2000 counterfeits fall: RBI")
Currency circulation rises 5.8% as ₹2,000 note impact fades: RBI
RBI's annual report shows recovery in currency circulation post ₹2,000 note withdrawal, surge in e-rupee usage, and strong digital payment adoption in FY25
 "Currency circulation rises 5.8% as ₹2,000 note impact fades: RBI")
Reserve Bank of India lens on payment fintechs over misclassified merchants
Several payment aggregators are said to have misclassified merchants, typically in the retail category, under utility - a segment that traditionally draws lower interchange rates
 "Reserve Bank of India lens on payment fintechs over misclassified merchants")
Review of the monetary policy framework on RBI's agenda for FY26
Central bank also likely to assess liquidity level needed for policy transmission
 "Review of the monetary policy framework on RBI's agenda for FY26")
Bank fraud cases fell in FY25, amount rose threefold to ₹36,014 cr: RBI
Most cases in digital payments involved ₹520 crore, says regulator in annual report
 "Bank fraud cases fell in FY25, amount rose threefold to ₹36,014 cr: RBI")
FPIs' investment in corporate bonds rises 11.4% in FY25: RBI report
Primary corporate bond issuances during the year rose by 16.1 per cent to ₹9.9 trillion, up from ₹8.6 trillion in 2023-24
 "FPIs' investment in corporate bonds rises 11.4% in FY25: RBI report")
IBC drives major behavioural shift in corporate credit culture: IIM-B study
The study is based on the comprehensive draws on a wide dataset covering corporate insolvency resolution proceedings sourced from the Insolvency and Bankruptcy Board of India
 "IBC drives major behavioural shift in corporate credit culture: IIM-B study")
Lenders told to monitor gold loan portfolios, ensure checks in place: RBI
RBI urges banks and NBFCs to improve gold loan oversight, citing lapses in LTV monitoring, risk assessment, and auction transparency in its annual report
 "Lenders told to monitor gold loan portfolios, ensure checks in place: RBI")
Insured deposits rise 7% to ₹96.7 trillion as of Sept 2024: RBI report
RBI annual report shows insured deposits rose to ₹96.7 trillion with 97.7% of accounts covered; DIF grew 15.2% while ₹476 crore in claims was settled in FY25
Corp bond secondary mkt daily turnover grows around 2K-cr in FY25: RBI
Corporate bond yields declined in FY25 but lagged G-sec yields, widening spreads; private placements led issuances and FPI limit usage dipped slightly, shows the RBI report
 "Corp bond secondary mkt daily turnover grows around 2K-cr in FY25: RBI")
Disinflation path clouded by geopolitical, trade, weather volatility: RBI
CPI inflation dropped to 3.16% in April 2025, its lowest since July 2019, but the RBI warns of uncertainties from global conflicts, trade shifts and weather conditions
RBI to continue with supervisory measures for early risk identification
The central bank would also focus on enhancing cyber resilience and capabilities of Supervised Entities (SEs) by implementing the recommendations of the inter-regulatory Working Group
 "RBI to continue with supervisory measures for early risk identification")
Currency printing expenditure rises 25% to ₹6,372.8 cr in FY25: RBI
The value and volume of banknotes in circulation increased by 6 per cent and 5.6 per cent, respectively, during 2024-25
RBI's net income rises 27.5% to ₹2.69 trillion in FY25 on forex gains
The size of the RBI's balance sheet increased by 8.2 per cent to Rs 76.25 trillion
 "RBI's net income rises 27.5% to ₹2.69 trillion in FY25 on forex gains")
Greater confidence of inflation aligning with target over 12 months: RBI
Central bank's outlook for the Indian economy remains promising in 2025-26, supported by revival in consumption demand, government capex