 "What is Reserve Bank of India (RBI)")
Reserve Bank of India
What is Reserve Bank of India (RBI)
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Latest Updates on Reserve Bank of India
Bids for RBI's 7-day VRRR auction fall short of notified amount
Receive bids worth ₹1.51 trn against notified amount of ₹2.5 trn
 "Bids for RBI's 7-day VRRR auction fall short of notified amount")
Loans against gold, silver pledge up to limit not norm violation: RBI
RBI clarifies that loans sanctioned by banks against voluntary pledges of gold and silver, up to the collateral-free limit, do not violate the central bank's guidelines on collateral
 "Loans against gold, silver pledge up to limit not norm violation: RBI")
RBI to intensify scrutiny of bank auditors after governance lapses
With governance concerns at IndusInd and Karnataka Bank, RBI is expected to tighten its engagement with statutory auditors and examine the role of board sub-committees more closely
 "RBI to intensify scrutiny of bank auditors after governance lapses")
RBI set to conduct 7-day VRRR auction on Friday to absorb ₹2.5 trillion
The Reserve Bank of India will conduct a Rs 2.5 trillion seven-day reverse repo auction to absorb surplus liquidity from the banking system and align the weighted average call rate with the repo rate
 "RBI set to conduct 7-day VRRR auction on Friday to absorb ₹2.5 trillion")
Parliamentary panel for dedicated NCLT, NCLAT courts for IBC cases
A parliamentary panel recommends dedicated NCLT and NCLAT courts to expedite IBC cases and urges the RBI Governor to support banking correspondents, who are facing increasing challenges in their roles
 "Parliamentary panel for dedicated NCLT, NCLAT courts for IBC cases")
Canara Bank drops 'fraud' label on Anil Ambani-linked RCom loan account
The case relates to a loan account linked with Ambani's firm Reliance Communications, which is undergoing insolvency proceedings
 "Canara Bank drops 'fraud' label on Anil Ambani-linked RCom loan account")
Banks expect RBI to double VRRR auction as liquidity stays surplus
At 2-day VRRR auction, RBI receives bids worth ₹97,315 cr against notified ₹1 trn
 "Banks expect RBI to double VRRR auction as liquidity stays surplus")
Avoiding fraudulent loan apps: RBI listing, ratings & reviews key to safety
Loans from registered NBFCs or banks come with a key fact statement (KFS), a sanction letter, and a loan agreement detailing all costs
 "Avoiding fraudulent loan apps: RBI listing, ratings & reviews key to safety")
RBI issues draft framework for novation of OTC derivative contracts
At present, the novation of OTC derivative contracts is governed by the RBI circular dated December 9, 2013
 "RBI issues draft framework for novation of OTC derivative contracts")
No proposal to introduce ₹50 coin as public prefers notes: Centre to HC
The Centre told Delhi High Court there is no plan to issue a ₹50 coin, citing RBI findings that people prefer banknotes over coins due to weight, size, and ease of daily use
 "No proposal to introduce ₹50 coin as public prefers notes: Centre to HC")
RBI accepts ₹97,315 crore in VRRR auction; cut-off rises to 5.49%
Market cautious ahead of expected ₹2 trn VRRR auction as call and TREP rates rise; overnight WACR climbs to 5.34%, RBI absorbs ₹97,315 crore against notified ₹1 trn
 "RBI accepts ₹97,315 crore in VRRR auction; cut-off rises to 5.49%")
RBI to conduct two-day VRRR auction on Wednesday to soak up ₹1 trillion
The surplus liquidity has kept the overnight weighted average call rate (WACR) near the standing deposit facility (SDF) rate of 5.25 per cent and well below the repo rate of 5.5 per cent
 "RBI to conduct two-day VRRR auction on Wednesday to soak up ₹1 trillion")
Players on the payments turf: UPI, AePS, PPIs boost digital outreach
UPI and AePs together have changed India's payments landscape. AePS's playing field is rural and semi-urban India
 "Players on the payments turf: UPI, AePS, PPIs boost digital outreach")
Smart devices to be next bastion for UPI with IoT-ready payment system
NPCI builds Internet of Things rails as UPI targets 10x growth
 "Smart devices to be next bastion for UPI with IoT-ready payment system")
Corporate 'fraud accounts' pose tough challenges for banking system
SBI also reported former chairman of the group Anil Ambani to the Reserve Bank of India (RBI)
 "Corporate 'fraud accounts' pose tough challenges for banking system")
How to fix credit report errors: Dispute on bureau site, alert lender
Having documents like no-dues certificates and records of repayment will strengthen your case
 "How to fix credit report errors: Dispute on bureau site, alert lender")
Rupee weakens against US dollar on Donald Trump's renewed tariff threat
Rupee ends 47 paise lower at 85.86 per dollar as Trump warns 10% tariffs on BRICS-aligned nations; RBI seen selling dollars to cap volatility after hitting 86 mark
 "Rupee weakens against US dollar on Donald Trump's renewed tariff threat")
Best of BS Opinion: University-level funding key to India's R&D targets
Today's opinion page takes a closer look at the RDI scheme, India's R&D lapses, the current account deficit, and whether the RBI's changes to project finance are a good idea in the long run
 "Best of BS Opinion: University-level funding key to India's R&D targets")
Momentum funds may deliver high long-term returns for aggressive investors
With improving market conditions and clearer sector trends, experts say momentum-based index funds could suit investors willing to take short-term volatility
 "Momentum funds may deliver high long-term returns for aggressive investors")
RBI panel likely to recommend govt retain current 4% inflation target
Retaining the inflation target would remove some uncertainty about the process and reassure market participants about policy continuity under Governor Sanjay Malhotra
