Page 47 - Latest Updates on Reserve Bank of India
Retail inflation slid further to 3% in Apr; easing room for RBI rate cut
In March, retail inflation stood at 3.34 per cent- the lowest since August 2019
 "Retail inflation slid further to 3% in Apr; easing room for RBI rate cut")
Dynamic bond funds: Check rate-cycle track record before investing
A dynamic bond fund (DBF) can help investors navigate rate cycles effectively
 "Dynamic bond funds: Check rate-cycle track record before investing")
RBI bumper payout to help offset shortfall in tax revenues, say analysts
Kotak Mahindra Bank expects RBI to transfer up to ₹3.5 trillion to the government, while IDFC First Bank estimates the dividend at around ₹3 trillion for the fiscal year ending March
 "RBI bumper payout to help offset shortfall in tax revenues, say analysts")
Longer call money trading hours likely to address liquidity mismatch
The RBI has proposed extending call money trading hours to 7 PM from 5 PM to better align liquidity with 24x7 payment systems and address mismatches in fund flows
 "Longer call money trading hours likely to address liquidity mismatch")
SMBC nears YES Bank stake deal; India may see biggest private bank M&A
YES Bank stake deal: If finalised, this will be the largest private sector bank acquisition in India
 "SMBC nears YES Bank stake deal; India may see biggest private bank M&A")
RBI may cut rates by up to 125 bps in FY26, says SBI Research report
SBI Research expects a 125 bps rate cut in FY26 as inflation falls to multi-year lows, with liquidity measures like OMOs and pressure on deposit rates likely to follow
 "RBI may cut rates by up to 125 bps in FY26, says SBI Research report")
RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study
The study suggested that the central bank should go for "jumbo" rate cuts of 50 bps as it would be more effective
 "RBI may effect cumulative rate cut of 125-150 bps in FY26, says SBI study")
Banks remain cautious in lending to NBFCs despite risk weight reversal
Despite RBI's decision to revert risk weights on NBFC loans from April 1, banks continue to exercise caution, limiting credit access to mid-sized NBFCs and MFIs
 "Banks remain cautious in lending to NBFCs despite risk weight reversal")
FIEO urges RBI to share info on banks offering rupee trade to aid exporters
The system simplifies trade and saves foreign exchange, but many exporters do not know where to access it
 "FIEO urges RBI to share info on banks offering rupee trade to aid exporters")
Poonam Gupta takes charge as RBI Deputy Governor, to join MPC in June
Poonam Gupta will oversee Monetary Policy, Research and Financial Stability departments at RBI and joins MPC as India debates targeting core versus headline inflation
RBI imposes penalty on ICICI, Axis, BoM, IDBI, BoB for violating norms
ICICI, Axis, Bank of Baroda, Bank of Maharashtra and IDBI Bank penalised by RBI for breaches including delayed reporting, excessive charges, and non-compliant operations
RBI fines ICICI, Axis, three other banks for regulatory compliance lapses
The RBI said the banks' non-compliance involved cybersecurity, customer charges, KYC norms, and internal account mismanagement
India's forex reserves rise $1.98 bn to $688.13 bn, up for 8th week in row
This is the eighth consecutive week of a rise in the kitty, which had jumped 8.31 billion to $686.145 in the previous reporting week
 "India's forex reserves rise $1.98 bn to $688.13 bn, up for 8th week in row")
RBI working group recommends longer hours for interbank money markets
The Reserve Bank of India set up the group to study the changing needs of market participants
 "RBI working group recommends longer hours for interbank money markets")
RBI seeks 'vostro' accounts investment cap removal to push Rupee trade
The holders of such accounts can invest in Indian government debt without registering as foreign portfolio investors (FPIs), as overseas investors have to
 "RBI seeks 'vostro' accounts investment cap removal to push Rupee trade")
Jana Small Finance Bank may apply for universal bank licence this month
Jana Small Finance Bank will join AU Small Finance Bank and Ujjivan Small Finance in the list of the small finance banks that are seeking a universal banking licence from the RBI
 "Jana Small Finance Bank may apply for universal bank licence this month")
Why banking and financial services funds are seen as a good long-term bet
The BFSI space offers a broad mix of segments
 "Why banking and financial services funds are seen as a good long-term bet")
From today, ATM withdrawals beyond limit will cost you more: Details
The free limit under the new ATM rules has been set at three for metropolitan regions and five for non-metropolitan areas
 "From today, ATM withdrawals beyond limit will cost you more: Details")
Bank retail credit witness sharp slowdown in FY25; drops to 11.6%
Reserve Bank of India data showed the overall bank credit growth declined to 11 per cent in FY25 from 20.11 per cent in FY24
 "Bank retail credit witness sharp slowdown in FY25; drops to 11.6%")
After CEO exit, RBI okays IndusInd executives' panel to run the show
Analysts express reservation on appointment of a PSU banker as MD & CEO