Finance News

West Asia crisis needs close monitoring, proactive steps: RBI report

RBI report calls for close monitoring of West Asia conflict and proactive steps to limit spillovers, citing India's oil dependence and rising global volatility

Gold loan industry body seeks six-month deferment of RBI's new norms

The new framework, which is scheduled to come into effect on April 1, 2026, aims to strengthen regulatory oversight and promote responsible lending practices in the gold loan segment

RDI Fund draws 200 applications; venture capital firms dominate entries

The government has received nearly 200 applications for second-level fund managers under the RDI Fund, with venture capital firms accounting for around 80 per cent

Mule networks remain difficult threat in loan frauds, scams: Report

Mule networks continue to drive frauds and scams, with operations turning transnational and causing heavy losses for Indian users, according to a Bureau report

Forex reserves adequate to cushion against external shocks, says RBI

Foreign exchange reserves fell to a two-month low of $709.76 billion as of March 13, the latest data shows

West Asia war, fresh US trade probes fuel market volatility: RBI bulletin

India's foreign exchange reserves remain adequate to provide a cushion against external shocks, said an article on the state of the economy published in the bulletin

RBI bought $2.5 billion in January on a net basis, shows bulletin

The RBI purchased nearly $28 billion and sold $25.47 billion in January, the central bank said in its monthly bulletin released on Monday. In December, it sold a net $10 billion in the market

RBI injects ₹79,256 crore into banking system via overnight VRR auction

The liquidity injected was much lower than the notified amount of ₹1 trillion, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments

RBI firefights to keep rupee afloat amid outflows, external pressures

RBI intensifies intervention to stabilise the rupee amid FPI outflows, rising oil prices, and a widening BoP deficit, with a ballooning forward book deficit adding to pressure

RBI's misselling proposals may reshape how retail game is played hereupon

RBI's draft norms on misselling aim to strengthen customer protection, but raise concerns over regulatory overreach and impact on banking sales models

Forex reserves drop $7 bn to $709.75 bn on fall in foreign currency assets

Reserves decline driven by fall in foreign currency assets, while gold holdings rise marginally; analysts expect pressure to persist amid geopolitical tensions and outflows

Datanomics: Tracking India's overseas investments amid record commitments

India's overseas investments hit a decade high, led by equity flows and major bets like Reliance's proposed US refinery

Govt launches ₹20,000 crore credit guarantee scheme to boost MFIs

Scheme aims to ease liquidity constraints, boost credit flow to small borrowers, and support microfinance institutions with graded guarantee cover and lending norms

RBI to conduct ₹1 trn overnight variable rate repo auction on Mar 23

The auction will take place between 9:30 am and 10:00 am on March 23, and the reversal of these funds will take place on March 24, as per the central bank's release

RBI fines HSBC ₹31.80 lakh for non-compliance with deposit norms

Central bank penalises HSBC for non-compliance with norms on unclaimed deposits, including failure to maintain database and assign reference numbers

Corporate bond activity weakens as yields surge, issuers pull back

India's corporate bond market has seen subdued activity amid global uncertainty and rising yields, with issuers deferring borrowings and FY26 issuances trailing last year's levels

RBI board assesses impact on financial markets amid geopolitical tensions

RBI board reviews global and domestic economic scenario, as rising oil prices, rupee pressure and geopolitical tensions pose challenges for monetary policy outlook

India shifts to active credit ownership; 183 mn track CIBIL scores

India's credit culture is evolving rapidly, with 183 million people monitoring their CIBIL scores in 2025. Gen Z is leading the shift towards proactive financial awareness and ownership

Rupee breaches 93/$ for first time, at record low of 93.49 amid free fall

At the interbank foreign exchange, the local unit opened at 92.92 against the greenback and soon breached the 93-mark for the first time

Rare but not unusual for RBI to come out in support of a troubled bank

RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention