For banks with assets exceeding Rs 10 trillion, the ceiling for the materiality threshold has been set at Rs 25 crore
Elevated yields may push some companies to loan market
After margin pressure and muted credit in 2025, banks enter 2026 with hopes of credit revival, stable asset quality and more investments, though funding and deposits remain key risks
"The board was also briefed on the major findings of the RBI's recently conducted Survey on Digital Payments," the central bank said
Credit extended by NBFCs has been rising over the years, underscoring their growing importance in financial intermediation
The petitioner has submitted that those employees who earn more than the wage ceiling are excluded from availing the EPFO scheme
The SBI branch has held several meetings and organised webinars recently in collaboration with the Israel-India Chamber of Commerce to promote trade in rupees
The rupee may open weaker amid strong dollar demand and geopolitical uncertainty, while heavy state bond supply is set to keep government bond yields under upward pressure
Foreign portfolio investors recorded their highest single-day debt inflow in seven months on January 1, even as they exited FAR securities in December amid rupee weakness
With small savings rates unchanged for the eighth straight quarter despite RBI cuts, banks face limited room to lower deposit rates amid slowing deposit growth and margin pressure
Panel chaired by DFS Secretary M Nagaraju reviewed RBI proposals for foreign banks amid a gradual decline in foreign bank presence and India's push for calibrated financial liberalisation
IFSCA has proposed regulatory changes to notify commodity trading as a financial product and deepen participation at GIFT-IFSC to position it as a global commodities hub
The rupee breached the 90-per-dollar level amid sustained corporate dollar demand and FPI outflows, even as banking system liquidity turned surplus after two weeks
Rupee settled at 89.97 per dollar on Thursday as corporate dollar demand and muted trade volumes pressured the currency. Analysts expect the rupee to stay range-bound amid global policy uncertainty
The data showed credit to 'Micro and Small' and 'Medium' industries continued to exhibit double-digit expansion
About 98.41 per cent of the high-value banknotes in circulation as of May 19, 2023, have since been returned
The proposed framework seeks to remove regulatory constraints that had so far limited banks' participation in pension fund management
RBI reiterated its cautious view on crypto assets and stablecoins, stressing that CBDCs should remain the anchor of trust and the core settlement asset in the monetary system
The RBI staff must sharpen their knowledge, enhance their analytical capabilities, embrace technology, and continuously make improvements in processes, Governor Sanjay Malhotra added
However, RBI denied requests to dilute termination protection clauses, calling them critical for safeguarding lenders' interests in the event of early project termination