Page 6 - Latest Updates on Reserve Bank of India
Bank credit growth slows to 13.8% in March 15 fortnight, deposits rise
Bank credit growth eased to 13.8 per cent in the March 15 fortnight, while deposit growth improved to 10.8 per cent, reflecting tax outflows and seasonal lending trends
 "Bank credit growth slows to 13.8% in March 15 fortnight, deposits rise")
RBI to hold key interest rate unchanged until at least mid-2027: Poll
Most economists said the RBI is unlikely to deviate from the neutral stance it has maintained since June given the uncertainty around how long the conflict will persist
 "RBI to hold key interest rate unchanged until at least mid-2027: Poll")
Fino Payments Bank chief Rishi Gupta granted bail in GST case
Fino Payments Bank chief Rishi Gupta has been granted bail in a GST evasion case, with the court imposing conditions including passport deposit and regular appearances
 "Fino Payments Bank chief Rishi Gupta granted bail in GST case")
Bank holidays March 2026: Banks to remain closed for next 4 days, know why
Banking operations across India will be impacted this week as branches will remain closed on four days between March 26 and March 29, 2026. As per the holiday calendar issued by the RBI
Rupee hits new low on dollar demand from maturing NDFs, month-end flows
Currency weakens to record closing low amid importer demand and NDF pressures, with central bank intervention helping prevent breach of the 94 per dollar mark
 "Rupee hits new low on dollar demand from maturing NDFs, month-end flows")
Sammaan Capital shares jump on RBI approval of Rs 8,850 cr IHC deal
The non-bank lender's shares gained after RBI approved Abu Dhabi-based IHC's stake acquisition, marking one of the largest West Asia investments in India's financial sector
 "Sammaan Capital shares jump on RBI approval of Rs 8,850 cr IHC deal")
Kotak Mahindra Bank to absorb KMIL business into bank from April 2026
Kotak Mahindra Bank to absorb KMIL operations from April 2026, simplifying structure and aligning with Reserve Bank of India norms
 "Kotak Mahindra Bank to absorb KMIL business into bank from April 2026")
Digital personal loan value outpaces volume growth in Q3 FY26: FACE
Digital personal loan value rose sharply in Q3 FY26, outpacing growth in loan volumes, highlighting strong demand for higher-ticket credit
 "Digital personal loan value outpaces volume growth in Q3 FY26: FACE")
RBI developing AI-led digital payments platforms to boost user experience
Vasudevan said such systems can help institutions save time and resources by resolving issues without manual intervention, especially as payment volumes expand rapidly
RBI injects ₹55,837 crore in banking system through 3-day VRR auction
The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said
RBI injects ₹79,256 crore into banking system via overnight VRR auction
The liquidity injected was much lower than the notified amount of ₹1 trillion, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments
HDFC Bank mcap falls below ₹12 trn; down 10% in 3 days post Atanu's exit
HDFC Bank market cap falls below ₹12 trn; stock down 10% in 3 days post Atanu's exit
 "HDFC Bank mcap falls below ₹12 trn; down 10% in 3 days post Atanu's exit")
FPI flows into FAR turn negative amid global risks, crude oil surge
Foreign investors turn net sellers of FAR securities in March as global risks, rising oil prices, and higher US yields weaken sentiment, though RBI measures keep bond yields stable
 "FPI flows into FAR turn negative amid global risks, crude oil surge")
RBI firefights to keep rupee afloat amid outflows, external pressures
RBI intensifies intervention to stabilise the rupee amid FPI outflows, rising oil prices, and a widening BoP deficit, with a ballooning forward book deficit adding to pressure
 "RBI firefights to keep rupee afloat amid outflows, external pressures")
Transparency needed: Public should know about the happenings at HDFC Bank
The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event
 "Transparency needed: Public should know about the happenings at HDFC Bank")
South Indian Bank appoints ex-RBI ED Jose Kattoor as part-time chairman
South Indian Bank appoints former RBI Executive Director Jose Kattoor as non-executive part-time chairman, alongside senior management elevations effective April 2026
 "South Indian Bank appoints ex-RBI ED Jose Kattoor as part-time chairman")
RBI fines HSBC ₹31.80 lakh for non-compliance with deposit norms
Central bank penalises HSBC for non-compliance with norms on unclaimed deposits, including failure to maintain database and assign reference numbers
 "RBI fines HSBC ₹31.80 lakh for non-compliance with deposit norms")
RBI board assesses impact on financial markets amid geopolitical tensions
RBI board reviews global and domestic economic scenario, as rising oil prices, rupee pressure and geopolitical tensions pose challenges for monetary policy outlook
 "RBI board assesses impact on financial markets amid geopolitical tensions")
Rare but not unusual for RBI to come out in support of a troubled bank
RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention
 "Rare but not unusual for RBI to come out in support of a troubled bank")
No material concerns on HDFC Bank's governance and conduct, says RBI
Regulator says bank remains well-capitalised with strong governance and management, approves Keki Mistry as interim chairman for three months
 "No material concerns on HDFC Bank's governance and conduct, says RBI")