Page 7 - Latest Updates on Reserve Bank of India
Axis Bank to infuse ₹1,500 crore into NBFC arm after RBI's approval
Move follows RBI approval and revised norms, allowing banks to fund NBFC subsidiaries; Axis Finance may list after becoming upper-layer NBFC
 "Axis Bank to infuse ₹1,500 crore into NBFC arm after RBI's approval")
RBI to infuse ₹75,000 crore via three-day VRR auction as liquidity tightens
Central bank to hold three-day VRR auction on Friday as surplus liquidity falls below ₹1 trillion amid advance tax and GST outflows
 "RBI to infuse ₹75,000 crore via three-day VRR auction as liquidity tightens")
India's outbound FDI falls to $2.76 billion in February: RBI data
Overseas investment declines year-on-year and sequentially, with moderation in equity commitments and mixed trends in loans and guarantees
 "India's outbound FDI falls to $2.76 billion in February: RBI data")
India Inc's ECB and FCCB intent hit new FY26 high in January 2026
According to RBI data, $4.18 billion was proposed through the automatic route and $1.15 billion through the approval route
 "India Inc's ECB and FCCB intent hit new FY26 high in January 2026")
RBI's 7-day VRR auction draws weak demand as big banks stay away
VRR auctions allow banks to borrow funds from the RBI against government securities at market-determined rates, helping the central bank manage short-term liquidity in the financial system
 "RBI's 7-day VRR auction draws weak demand as big banks stay away")
India needs $1 trn forex reserves buffer for stability: Ex-RBI Deputy Guv
The $1 trillion target is derived from two critical buffers: $350 billion to cover all one-year debt obligations and $650 billion to protect against a potential exodus of foreign portfolio capital
 "India needs $1 trn forex reserves buffer for stability: Ex-RBI Deputy Guv")
West Asia conflict likely to keep rupee under pressure amid oil surge
Third year of consecutive BoP deficit if oil stays above $100/bbl, to weigh on rupee
 "West Asia conflict likely to keep rupee under pressure amid oil surge")
Costlier oil could lift inflation, slow India's growth in H1FY27: Fitch
Persistently high oil prices could push up retail inflation faster than expected and slow India's economic growth in the first half of FY27, Fitch Ratings said in its latest outlook
 "Costlier oil could lift inflation, slow India's growth in H1FY27: Fitch")
India's forex reserves down $11.7 bn at $716.8 bn on drop in foreign assets
India's foreign exchange reserves fell by $11.7 billion to $716.8 billion in the week ended March 6, mainly due to a decline in foreign currency assets, RBI data showed
 "India's forex reserves down $11.7 bn at $716.8 bn on drop in foreign assets")
If short-lived, conflict unlikely to dent India's macro outlook: Economists
Economists say a brief West Asia conflict may have limited impact on India's macro outlook, though risks could emerge if crude oil prices stay elevated for a prolonged period
 "If short-lived, conflict unlikely to dent India's macro outlook: Economists")
RBI-Esma pact likely to need reboot if India's concerns not resolved
EU regulator's demand to audit Indian central counterparties' books seen as extraterritorial
 "RBI-Esma pact likely to need reboot if India's concerns not resolved")
Oil price shocks: Rupee falls to new intraday low of ₹92.37 a dollar
Currency weakens to a fresh intra-day low as oil prices surge amid West Asia tensions, with RBI stepping in through dollar sales to limit volatility
 "Oil price shocks: Rupee falls to new intraday low of ₹92.37 a dollar")
Draft digital fraud compensation norm: Payout one-time, vigilance still key
Under the draft, an eligible victim will receive 85 per cent of the net loss amount, or ₹25,000, whichever is lower
 "Draft digital fraud compensation norm: Payout one-time, vigilance still key")
RBI governor Malhotra urges steps to strengthen trust in digital payments
RBI Governor Sanjay Malhotra calls for collaborative efforts to boost public confidence in digital payments as the central bank launches a rural awareness pilot
 "RBI governor Malhotra urges steps to strengthen trust in digital payments")
Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval
Former SBI managing director Vinay Muralidhar Tonse joins Yes Bank as MD & CEO designate for three years and will take charge from incumbent Prashant Kumar in April 2026
 "Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval")
Jittery bond traders constrain RBI's liquidity management options
The weighted average call rate (WACR) has stayed around 5.07 per cent , since the start of February, even while the policy repo rate remains at 5.25 per cent
RBI revises counterparty credit risk rules to align with Basel norms
RBI revises counterparty credit risk framework to align with Basel norms, refining capital treatment for derivatives exposures and clarifying rules for clearing members
 "RBI revises counterparty credit risk rules to align with Basel norms")
Global banks push back on RBI's plan for offshore rupee trade reporting
Banks told the RBI the proposal could breach client confidentiality and conflict with data and reporting rules in other jurisdictions
 "Global banks push back on RBI's plan for offshore rupee trade reporting")
Waiver danger: Repeated agricultural loan bailouts must be avoided
Maharashtra's new farm loan waiver may fulfil a poll promise, but repeated debt relief risks weakening credit discipline and straining the state's fiscal balance
 "Waiver danger: Repeated agricultural loan bailouts must be avoided")
Bank fraud: The blind spots of risk control and the culture behind failures
Sophisticated systems track risk, but culture - shaped by incentives and frontline pressures - remains the real control
 "Bank fraud: The blind spots of risk control and the culture behind failures")