Page 47 - Finance News

RBI MPC presser highlights: Low inflation opens up space for monetary policy easing, says governor

RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here

No plan to impose any charges on UPI transactions: RBI Guv Malhotra

RBI Governor Sanjay Malhotra said the central bank is not considering imposing any charges on UPI transactions or the platforms

RBI unveils measures to support exporters amid 50% US tariff impact

The measures include reduced paperwork and compliance burden for small exporters and importers

ECL framework proposed to be implemented from April 1, 2027: RBI Guv

The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, he said

RBI drops 'restriction' on business overlap by banks & group entities

Withdrawal of proposal barring overlap between banks and NBFC subsidiaries offers relief to major lenders

RBI 'enabling framework' to enable banks to finance domestic firms' M&A

Indian banks are barred from such lending, pushing companies to rely on shadow lenders or bonds for financing

RBI to introduce risk-based deposit insurance premiums, says Malhotra

RBI Governor Sanjay Malhotra unveiled 22 steps to strengthen banking resilience, simplify forex rules, enhance credit flow, and push rupee internationalisation alongside deposit insurance reforms

RBI keeps repo rate unchanged at 5.5%, revises GDP forecast to 6.8%

Governor Sanjay Malhotra projects softer inflation from GST cuts and food prices

RBI announces slew of measures to promote internationalisation of rupee

RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka

RBI MPC meet: What stayed the same, what changed in October policy review

RBI's Monetary Policy Committee kept repo rate unchanged at 5.50 per cent; the MPC retained its policy stance as 'neutral'

RBI MPC October policy: Central bank cuts FY26 inflation estimate to 2.6%

The Monetary Policy Committee (MPC) stated that the Consumer Price Index (CPI) inflation for Q1 of 2026-27 is projected at 4.5 per cent

RBI retains call rate as policy anchor in liquidity management framework

As part of operational changes, the central bank will discontinue the use of 14-day variable rate repo (VRR) and variable rate reverse repo (VRRR) as the main tools for managing short-term liquidity

Credit quality of Indian companies likely to remain stable in H2FY26

Rating agencies say easing monetary cycle, declining inflation supporting this

FinMin urges RBI to push rollout of digital fraud detection platform

Once operational, DPIP will collect and analyse data from various sources to identify potential threats and prevent fraudulent activities

Lending rates ease 6 bps in August; 1-year MCLR steady in September

RBI data shows lending rates on fresh and outstanding loans fell six bps in August, while the one-year median MCLR of banks stayed unchanged at 8.60 per cent in September

PhonePe, Mastercard roll out tap-and-pay contactless payments in India

PhonePe and Mastercard have launched contactless tap-and-pay payments for Indian cardholders using NFC-enabled Android smartphones at merchant outlets in India and abroad

Govt keeps interest rates on various small savings schemes unchanged

The interest rates for popular Public Provident Fund (PPF) and post office savings deposit schemes, too, have been retained at 7.1 per cent and 4 per cent, respectively

RBI retains call rate as policy anchor in revised liquidity framework

Higher imports by India, the world's second-biggest consumer of the precious metal, are set to support gold prices that hit records this week, even as demand languishes in top buyer China

Charlie Javice gets 7 yrs in prison for defrauding JPMorgan of $175 million

The 33-year-old Frank founder was convicted of conspiracy, bank fraud, and wire fraud after faking user records to sell her startup to JPMorgan in a $175 million deal

Asheesh Pandey named MD of Union Bank; Kalyan Kumar to head Central Bank

The Appointments Committee of the Cabinet headed by the Prime Minister approved these appointments for an initial period of three years