Page 2 - Anjali Kumari

RBI surplus transfer to govt hits a new high of ₹2.87 trillion in FY26

Contingent risk buffer cut to 6.5% from 7.5%; forex sales aid income growth

Rupee among Asia's most vulnerable currencies amid crude oil risks

Barclays and MUFG warn the rupee could face further pressure from elevated crude prices, widening deficits and prolonged conflict in West Asia

Don't lose sleep over rupee slide, 100 is just a number: Panagariya to RBI

Arvind Panagariya advised the RBI not to worry about the rupee crossing 100 against the dollar and said depreciation is the right response to the oil shock

Rupee snaps 9-day losing streak to emerge as best-performing Asian currency

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

RBI board may approve ₹2.8-3.3 trillion surplus transfer on Friday

Economists expect the RBI's FY26 surplus transfer to the government to exceed last year's record Rs 2.7 trillion dividend payout

Currency in circulation rises 11%, nears record ₹43 trillion by mid-May

In absolute terms, CiC expanded by Rs 1.15 trillion during the first one and a half months of FY27, indicating sustained demand for cash despite continued growth in digital payments

Rupee touches fresh low, nears 97/$ as RBI unveils $5 bn buy-sell swap

The 30-year US bond yield hit the highest level since 2007 on inflation concerns

RBI to conduct overnight VRR auction to infuse ₹1.25 trillion liquidity

The Reserve Bank of India will conduct an overnight VRR auction on Thursday to manage evolving liquidity conditions and keep overnight rates aligned with the policy repo rate

Axis Pension Fund targets 500K new subscribers and ₹30,000 crore AUM

The pension fund manager expects onboarding through BHIM, Google Pay and PhonePe, along with new products, to drive subscriber growth in FY27

Rupee weakens past 96.5 against $, hits new low for 7th straight session

The rupee weakened to a fresh low against the dollar amid elevated crude oil prices, higher US Treasury yields, and continued foreign fund outflows

RBI likely to hold repo rate at 5.25% through FY27: India Ratings

India Ratings projects GDP growth at 6.7% and inflation at 4.4%, warning that higher crude prices and West Asia tensions may pressure growth and trade deficit

RBI to conduct five-day VRR auction on Wednesday for ₹1.5 trillion

The Reserve Bank of India will conduct a five-day variable rate repo auction to manage evolving liquidity conditions in the banking system

RBI withdraws IFR requirement for banks maintaining market risk capital

RBI eases IFR norms for banks under revised investment portfolio framework

Rupee slides to new low of 96.4/$; bond yield surge 7 bps to 7.13%

The rupee weakened to a fresh low and bond yields climbed sharply as rising crude oil prices and higher US Treasury yields rattled financial markets

Public sector banks start sending their employees back to West Asia

Had temporarily recalled officials handling treasury, wholesale, and corporate banking as war escalated

RBI decides against imposing additional capital buffer on banks

The Reserve Bank of India said prevailing systemic risk conditions do not warrant activating the countercyclical capital buffer for banks at this stage

Bank of India hikes interest rates on select medium and long-term deposits

Bank of India has revised interest rates on select fixed deposits below ₹3 crore across medium and long-term tenures, with the revised rates taking effect from May 18

Rupee hitting 100 per dollar in the next six months? Not soon, say experts

Market participants said that any sharp depreciation towards the 100/$ level may prompt policy responses from the government and the RBI, similar to measures introduced during the 2013 currency crisis

Don't think India wants to move towards stringent capital controls: Kotecha

India is in a far healthier position from an economic perspective than it was during the taper tantrum period

BoB's floating provision of ₹1,500 cr 'a balance sheet-boosting measure'

Bank of Baroda expects strong loan growth in FY27, supported by retail and MSME demand despite geopolitical uncertainties