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ATMs running out of cash, IBA alerted over service disruption risks

ATM loading may be hit, affecting DBT beneficiaries

ATMs running out of cash, IBA alerted over service disruption risks
Updated On : 04 Jun 2026 | 11:45 PM IST

The new cybersecurity imperative

Safety must match digital scale in banking to maintain trust

The new cybersecurity imperative
Updated On : 04 Jun 2026 | 10:53 PM IST

Reserve Bank of India issues compounding order in Myntra Designs FEMA case

Walmart-owned online fashion retailer paid Rs 2.88 lakh to settle alleged contraventions related to overseas investment reporting and commitments

Reserve Bank of India issues compounding order in Myntra Designs FEMA case
Updated On : 04 Jun 2026 | 9:32 PM IST

States' reliance on RBI's SDF rises in FY26 as WMA, overdraft usage falls

ICRA says states increased use of the RBI's Special Drawing Facility in FY26, while reliance on Ways and Means Advances and overdraft facilities fell to five-year lows

States' reliance on RBI's SDF rises in FY26 as WMA, overdraft usage falls
Updated On : 04 Jun 2026 | 6:19 PM IST

Reliance explores cash deployment options ahead of possible RBI rate hike

One proposal involves moving Reliance's cash holdings from liquid mutual funds into short-dated money market instruments, people aware of the conglomerate's thinking said

Reliance explores cash deployment options ahead of possible RBI rate hike
Updated On : 04 Jun 2026 | 3:57 PM IST

How markets are likely to react to RBI's interest rate and policy guidance

While a majority of economists expect the central bank to ​keep rates unchanged, some market indicators like overnight indexed swaps are already pricing in a rate hike

How markets are likely to react to RBI's interest rate and policy guidance
Updated On : 04 Jun 2026 | 11:15 AM IST

Govt's rupee support measures likely to give RBI room to hold rates for now

Inflation pressures triggered by an energy price shock means the RBI will likely adopt a hawkish stance and prepare markets for potential rate hikes later this year, economists have said

Govt's rupee support measures likely to give RBI room to hold rates for now
Updated On : 04 Jun 2026 | 8:37 AM IST

Loan recovery norms: Tough to get agents in small towns, say NBFCs

The NBFC self-regulatory organisation said the limited availability of certified recovery agents in smaller towns could affect the viability of small-ticket lending operations

Loan recovery norms: Tough to get agents in small towns, say NBFCs
Updated On : 04 Jun 2026 | 12:08 AM IST

OECD raises India's FY27 growth forecast, warns of energy-shock risks

The OECD has raised India's FY27 growth forecast to 6.3 per cent but cautioned that higher energy prices, inflationary pressures and supply disruptions could weigh on the economy

OECD raises India's FY27 growth forecast, warns of energy-shock risks
Updated On : 03 Jun 2026 | 11:36 PM IST

RBI rejects Treasury bills bids at weekly auction amid tepid demand

Rupee depreciated for second consecutive trading session post US President Trump's tariff proposes

RBI rejects Treasury bills bids at weekly auction amid tepid demand
Updated On : 03 Jun 2026 | 11:23 PM IST

Banking resilience now hinges on adapting to new risks: DG Swaminathan

The RBI deputy governor said banks must prepare for emerging risks ranging from cyber threats and AI to geopolitical shocks and climate-related disruptions

Banking resilience now hinges on adapting to new risks: DG Swaminathan
Updated On : 03 Jun 2026 | 10:54 PM IST

SBI chief backs rate pause, says India's growth story goes beyond Sensex

C S Setty urges investors to focus on India's long-term structural transformation rather than short-term market movements

SBI chief backs rate pause, says India's growth story goes beyond Sensex
Updated On : 03 Jun 2026 | 10:38 PM IST

RBI denies reports of gold sale, says holdings remain unchanged

The physical stock of gold remained the same since April 03, 2026

RBI denies reports of gold sale, says holdings remain unchanged
Updated On : 03 Jun 2026 | 8:43 PM IST

RBI, Sebi tightens checks on overseas flows as currency pressure mounts

In a rare move, the RBI has sent at least 10 queries to ascertain whether funds were routed overseas without a clear business purpose or tangible asset backing

RBI, Sebi tightens checks on overseas flows as currency pressure mounts
Updated On : 03 Jun 2026 | 2:05 PM IST

Bank lending in India hits two-year high as firms favour loans over bonds

Credit growth expanded at 16.2 per cent in the year through May 15, the fastest clip since June 2024, according to the Reserve Bank of India data

Bank lending in India hits two-year high as firms favour loans over bonds
Updated On : 03 Jun 2026 | 1:16 PM IST

RBI dismisses gold sale rumours, physical reserves steady at 880.52 tonnes

Debunking reports of gold sale, the Reserve Bank of India on Wednesday said there is no change in the physical stock of gold, which remains unchanged at 880.52 tonnes. The clarification from the Reserve Bank of India (RBI) comes following reports that the RBI may have sold gold amounting to approximately USD 12 billion to shield its foreign-currency reserves from the impact of the ongoing conflict in West Asia. "The RBI emphasises that these reports are not correct," the central bank said in a statement. Members of the public are, therefore, advised to rely on official information published by the RBI from time to time in such matters, it said. Meanwhile, the Press Information Bureau also published a fact-check on the reports. According to @RBI, the share of gold in India's foreign exchange reserves rose from 13.92 per cent at the end of September 2025 to 16.70 per cent on March 31, 2026, and further to 16.85 per cent as of May 22, 2026, it said.

RBI dismisses gold sale rumours, physical reserves steady at 880.52 tonnes
Updated On : 03 Jun 2026 | 12:52 PM IST

Rupee weakness unlikely to trigger RBI rate hike; inflation in focus

Economists expect the RBI to keep rates unchanged and rely on intervention and regulatory measures to manage rupee volatility while maintaining focus on inflation

Rupee weakness unlikely to trigger RBI rate hike; inflation in focus
Updated On : 02 Jun 2026 | 10:54 PM IST

RBI may maintain status quo in June, hike rates twice in FY27: Economists

The Reserve Bank of India (RBI) is likely to keep the benchmark repo rate unchanged in the June monetary policy review, according to a PTI poll of economists and treasury heads. Most of the respondents expect the central bank to resume policy tightening later in FY27 amid mounting inflation risks. Of the respondents surveyed, 11 expect the Monetary Policy Committee (MPC) to maintain the status quo on rates in the upcoming policy to be announced on Friday, while four foresee a 0.25 per cent hike. "Pause because headline inflation remains below the 4 per cent target. The RBI has policy space to wait to see the second round impact on inflation from the fuel price hike. Flexible inflation target provides policy space to look through the first round impact of supply side shocks," said Gaura Sengupta, economist at IDFC First Bank. The MPC will meet between June 3 and June 5 to decide on the policy rates. The central bank has reduced the repo rate by 1.25 per cent since last year to aid .

RBI may maintain status quo in June, hike rates twice in FY27: Economists
Updated On : 02 Jun 2026 | 4:37 PM IST

Best of BS Opinion: Why India must leave retrospective taxes behind

From retrospective taxation and quality reforms to polymer notes, exam glitches and middle-class stress, today's opinion pages examine key policy challenges

Best of BS Opinion: Why India must leave retrospective taxes behind
Updated On : 02 Jun 2026 | 6:15 AM IST

RBI staff strength falls for first time in five years, down 2.2% in FY26

The Reserve Bank of India's workforce declined to 13,220 in FY26, marking the first fall in five years, even as employee expenditure rose on higher pension-related costs

RBI staff strength falls for first time in five years, down 2.2% in FY26
Updated On : 01 Jun 2026 | 11:46 PM IST