Page 22 - Finance News

Rupee, bonds rise on geopolitical relief, trim gains post RBI policy

The rupee strengthened and government bond yields eased on geopolitical relief and lower crude prices before both pared gains after the RBI's policy announcement and Governor Sanjay Malhotra's remarks

Rural economy became more resilient in past 15 years: Poonam Gupta

RBI Deputy Governor Poonam Gupta says higher irrigation coverage, allied activities, mechanisation and better crop varieties have made the rural economy and agriculture more resilient.

RBI to absorb ₹1.5 trillion via VRRR as liquidity tops ₹3 trillion

The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF

CBDC, ULI adoption gains pace as RBI expands use cases: Rohit Jain

RBI says CBDC and ULI adoption is accelerating as live transactions expand, with new use cases, more lenders and wider state participation driving growth

RBI proposes to harmonise framework on interest rates on advances: Malhotra

The proposed framework seeks to standardise loan pricing, benchmark reset dates and interest calculation practices while strengthening transparency and consumer protection

Talks on UPI MDR structure still premature, says RBI Governor Malhotra

Governor Sanjay Malhotra says discussions on a merchant discount rate for UPI are premature, stressing the need for sustained investment to strengthen India's digital payments infrastructure.

RBI says bulk deposit norms aim to improve transparency, standardisation

Governor Sanjay Malhotra says the RBI's revised bulk deposit framework seeks to improve transparency and standardise deposit rate disclosures without making major changes to existing norms.

RBI to issue cyber fraud SOP after refining draft over next four weeks

Deputy Governor Swaminathan J says the RBI has submitted a draft standard operating procedure to the Supreme Court and will refine it before issuing it to regulated entities.

RBI sees liquidity surplus peaking in September before normal absorption

Governor Sanjay Malhotra says surplus liquidity is likely to peak around September before being absorbed through higher currency circulation, reserve requirements and maturing forex forwards

RBI Governor rules out early withdrawal of FCNR(B) deposit scheme

The RBI said its FCNR(B) deposit scheme will continue as planned after attracting billions in NRI deposits. It is also preparing to introduce polymer banknotes by early FY28

Explained: Why RBI wants to restart UCB licensing after a two-decade pause

After a 20-year freeze, the RBI is preparing to issue new UCB licences as reforms, stronger oversight and improving financial health reshape the cooperative banking sector

RBI to issue new draft norms for urban cooperative bank licensing shortly

The proposed framework sets capital, asset quality and governance criteria for cooperative credit societies seeking to become urban cooperative banks after a two-decade pause

RBI MPC keeps repo rate unchanged at 5.25%, maintains 'neutral' stance

RBI MPC August meeting: At its policy meeting, held between August 3 and August 5, the committee maintained its 'neutral' stance

RBI MPC keeps repo rate at 5.25%, retains neutral stance amid global risks

The RBI retained its neutral monetary policy stance while revising its FY27 inflation forecast to 5 per cent and raising its economic growth projection to 6.7 per cent

Foreign inflows unlikely to lift rupee significantly in coming months

Foreign investors turned ‌net buyers of Indian equities in July for the first time in 5 months, while the RBI's measures to attract foreign exchange, announced in June, have drawn more than $40 bn

Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI MPC decision

At the interbank foreign exchange market, the rupee opened at 94.90, then touched 94.89, registering a gain of 39 paise from its previous close

RBI MPC August 2026 meeting: When and where to watch rate decision live

RBI MPC meet: At its June monetary policy review, the RBI kept the repo rate unchanged at 5.25 per cent

Sebi mulls depository receipts against REIT, publicly listed InvIT units

Depository Receipts are foreign currency-denominated instruments issued by a foreign depository in a permissible jurisdiction against securities deposited with a domestic custodian in India

Nabard withdraws ₹8,000 crore bond issue as investors seek higher yields

Market participants said demand was thin at the lower coupons that Nabard would have preferred, with barely ₹1,126.5 crore bid up to the 7.43 per cent mark

SC issues directions to tackle digital fraud, asks RBI to circulate SOP

The Registrars General of all high courts were directed to apprise courts about the grievance redressal and money restoration modules so that victims are made aware of the available remedies