RBI

SBI report says another ₹2 depreciation wipe out oil co's gain; Bond yields harden after fuel price hike

New norms, effective from July, exempt smaller NBFCs from registration need

Emirates NBD has secured all approvals for its proposed majority stake acquisition in RBL Bank, marking one of India's largest cross-border banking deals

The Reserve Bank of India will conduct a seven-day variable rate repo auction worth Rs 1 trillion to manage evolving liquidity conditions in the banking system

The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month

Says, it will keep a close watch on the emerging situation

But they seek increase in threshold to ₹25,000; payment industry flags operational issues

Indian firms filed proposals to raise $5.43 billion through ECBs and FCCBs in March, the highest monthly amount in FY26

Central bank revokes certificates of registration after business exits, merger-related changes and CIC classification adjustments

Deliberations to ease the tax burden have gathered pace as authorities try to curb the rupee's depreciation

Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra

Crash-landings such as the one by Kingfisher Airlines could be ascribed to ill-judged government policy

Authorised Dealer banks can now partner with digital remittance platforms without prior RBI approval, subject to compliance safeguards

The Reserve Bank on Wednesday removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India. The central bank has issued an operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (Category I) banks in India. "On a review, it has been decided to dispense with the process of granting of the approvals by the RBI for such tie-ups and instead Authorised Dealers are advised to comply with instructions...while facilitating cross-border outward remittance of funds for non-trade current account transactions using a third-party entity in online mode...," the central bank said. Online mode includes a website, online platform, software application, and mobile application. According to a 2016 direction, non-bank entities had to obtain specific approval from the Reserve Bank for tie-up arrangements to facilitate outward remittance services throug

RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds

His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves

Banks bid far below the notified amount at the RBI's short-term repo auction as surplus liquidity reduced the need for additional funds

The central bank cited inadequate capital, weak earnings prospects, and regulatory non-compliance while directing the Maharashtra registrar to initiate winding-up proceedings

The Reserve Bank of India will conduct a Rs 50,000 crore VRR auction after overnight call rates moved above the policy repo rate amid evolving liquidity conditions

RBI Deputy Governor Poonam Gupta says India has entered a virtuous cycle of growth and stability, with many states likely to approach high-income levels by 2047