RBI Policy

India's rupee has fallen nearly 6 per cent since the Iran war began late in February and slumped to a record low of nearly 96.96 per dollar on Thursday

The rupee ended a nine-day losing streak on Thursday, aided by RBI intervention in the NDF market and easing crude oil prices

The next scheduled monetary policy decision is on June 5, although the RBI has previously made an out-of-cycle adjustment in May 2022

India's foreign exchange reserves increased to $696.99 billion in the week ended May 8, led by a sharp rise in gold reserves, according to RBI data

We estimate the direct impact of this hike at around 8bps uptick each in the CPI inflation prints for May 2026 and June 2026, along with a mild indirect impact to the tune of around 10 bps, Nayar said

The RBI Officers' Association has opposed the central bank's new promotion policy, citing delayed career progression, stagnation and lack of manpower planning

Rupee weakness amid global turmoil and capital outflows may limit RBI's policy stance, raising risks of rate hikes as inflation, currency pressure and external shocks reshape India's monetary outlook

According to the RBI, banks will stay closed for 12 days out of the 31 days in May 2026. These include weekends, festivals, and regional holidays, so it is advisable to check before heading out

The rupee declined ‌to a low of 94.80 per dollar in early trade, before paring losses to last quote at 94.73, down 0.2 per cent on the day

Recurring payments up to ₹15,000 will no longer require OTP every time.

The rupee will rise to 92.94-92.98 versus the US ‌dollar, traders said, having settled at 93.1950 on Thursday

Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight

Central government offices are closed on April 14, 2026. Many banks across India will also remain shut, as Ambedkar Jayanti coincides with Tamil New Year and Vaisakhi

RBI unveils medium-term Utkarsh 2029 strategy focusing on CBDC expansion, UPI globalisation, ULI scale-up, and modernising currency management and regulation

The 10-year benchmark yield rose as much 4 basis points to 7 per cent after the Reserve Bank of India announced plans to withdraw liquidity of up to ₹2 trillion ($21.6 billion)

RBI will conduct ‌a seven-day variable rate reverse repo auction for ₹2 trillion between 2 pm and 2:30 pm, and the reversal of these funds will take place on April 17

Equity, by its nature, Rashesh Shah, CMD, Edelweiss Financial Services believes, is not a one- or two-year asset class, it represents ownership in businesses that compound over a decade.

No rate cuts yet: How to invest smartly in a 'Wait-and-Watch' market

Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%

Bankers termed the Reserve Bank's move to hold rates in its policy review on Wednesday as a prudent and well-calibrated measure. Sector-specific moves like the removal of the Investment Fluctuation Reserve requirement and easing of CRAR (capital and risk-adjusted ratio) computation were also welcomed by bankers. "The RBI's decision to maintain a status quo stance amid ongoing global uncertainties reflects a prudent and well-calibrated approach aligned with market expectations," CS Setty, who chairs the largest lender SBI and also industry grouping IBA, said in a statement. Setty said the regulatory moves will help strengthen banks' capital positions and help support credit growth on a sustained basis. Indian Overseas Bank's managing director and chief executive, Ajay Kumar Srivastava, said the status quo reflects a 'safety first' approach wherein the central bank is prioritising macroeconomic stability. "A cautious stance is warranted amid evolving global uncertainties, particular