Page 47 - Latest Updates on Reserve Bank of India
Growth set to rebound, food inflation needs monitoring: RBI report
Banks reluctant to lend in money markets amid tight liquidity conditions
 "Growth set to rebound, food inflation needs monitoring: RBI report")
RBI liberalises Fema rules to facilitate cross-border transactions
The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct investment (FDI) in non-debt instruments
 "RBI liberalises Fema rules to facilitate cross-border transactions")
RBI updates Fema regulations to boost cross-border rupee transactions
The RBI has updated FEMA regulations to encourage cross-border INR transactions, including settling trade, investments, and export payments, with foreign currency accounts allowed
 "RBI updates Fema regulations to boost cross-border rupee transactions")
RBI must shun excessive forex market intervention, says former head
Rupee tested a series of new lows recently, slipping to an all-time low of 86.7025 per dollar on Jan 14, and rose 0.3 per cent on January 15
 "RBI must shun excessive forex market intervention, says former head")
Rupee slide raises doubts over rate cuts in February, analysts caution
The weaker currency could add to elevated inflation through costlier imports, while a cut in interest rates could dampen already tepid capital flows
 "Rupee slide raises doubts over rate cuts in February, analysts caution")
Rupee hits new low of 86.68 per dollar as oil importers boost demand
RBI's intervention policy unlikely to have changed
 "Rupee hits new low of 86.68 per dollar as oil importers boost demand")
RBI likely sold dollars heavily before local spot market open, say traders
The rupee was last quoted at 86.5150 per US dollar as of 09:35 am IST, up nearly 0.1 per centon the day
 "RBI likely sold dollars heavily before local spot market open, say traders")
Rupee recovers from record low, rises 21 paise to 86.49 against US dollar
According to forex traders, the Indian currency found support from positive inflation numbers and some recovery in domestic equity markets
 "Rupee recovers from record low, rises 21 paise to 86.49 against US dollar")
RBI uses FX swaps to ease liquidity squeeze as rupee hits a new low
The rupee lost around 2.8 per cent against the dollar in 2024, making it one of the best-performing currencies in Asia as the greenback surged
Bank holidays 2025: Are banks closed on Jan 13 and 14 for Lohri, Sankranti?
The January 2025 bank holiday calendar is out, and this year's Lohri and Makar Sankranti festivals, which fall on January 13 and 14, respectively, are designated as holidays
 "Bank holidays 2025: Are banks closed on Jan 13 and 14 for Lohri, Sankranti?")
Macquarie likes pvt banks over PSBs as FY26 may be the 'year of stability'
HDFC Bank, SBI, ICICI Bank share price target: Macquarie raises share target price of HDFC Bank, ICICI Bank, SBI, cut IndusInd Bank share price target
 "Macquarie likes pvt banks over PSBs as FY26 may be the 'year of stability'")
Best of BS Opinion: How much change and continuity can we expect this year?
The best of Business Standard's opinion pieces for today, curated for you
 "Best of BS Opinion: How much change and continuity can we expect this year?")
CP, CD rates harden amid tight liquidity conditions in the market
Certificate of Deposit rates increased by 20-30 basis points across tenures during the same period
 "CP, CD rates harden amid tight liquidity conditions in the market")
Onboarding in retail credit has to be reworked: Scienaptic's Joydip Gupta
Modern lending ecosystems now have access to richer data through alternate data sources such as Account Aggregators (AA)
 "Onboarding in retail credit has to be reworked: Scienaptic's Joydip Gupta")
Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion
Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts
 "Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion")
Lenders must offer fixed-rate products for EMI-based loans, says RBI
While lenders offer fixed rate auto loans, unsecured personal loans, not many banks and NBFCs have fixed rate products for home loans
 "Lenders must offer fixed-rate products for EMI-based loans, says RBI")
Govt likely to conduct interviews for RBI deputy governor next week
Government panel consisting of RBI governor, Cabinet secy, DFS secy to interview candidates
Microfinance sector shows signs of stress as delinquency rates rise
The Reserve Bank of India's Financial Stability Report of December 2024 had observed that the microfinance sector is showing rising delinquencies across lenders and ticket sizes
 "Microfinance sector shows signs of stress as delinquency rates rise")
Manmohan Singh profoundly influenced our lives and India's growth
Manmohan Singh's visionary leadership not only transformed India's economy but also left an indelible impact on our professional journey and personal lives
 "Manmohan Singh profoundly influenced our lives and India's growth")
Cease & desist: Reserve Bank of India's quick shift on NBFC curbs
In December, the restriction was lifted for Navi Finserv, and this month, it was removed for the remaining three NBFCs
 "Cease & desist: Reserve Bank of India's quick shift on NBFC curbs")