Rbi

RBI's net short dollar forward position hits record $239.2 bn in September

RBI's net short dollar forward position rose from $200.06 billion in August to $239.2 billion in September, driven by FCNR(B) swaps, as forward premiums climbed sharply in October

Gold pulls forex reserves down for seventh straight week to $719.8 billion

India's foreign exchange reserves declined $1.3 billion to $719.8 billion in the week ended October 23 as a $2.7 billion fall in gold reserves offset gains in foreign currency assets

Bank advances against deposits up 53% due to FCNR(B) leverage: RBI data

RBI data shows bank advances against fixed deposits rose 53.3 per cent to Rs 2.17 trillion in September 2026, while overall bank credit expanded 19.4 per cent year-on-year

Bank holidays in November 2026: Check state-wise list of closures in India

Nov 2026 bank holidays will vary across Indian states based on local festivals. The RBI has outlined specific holiday dates for scheduled banks for both scheduled and non-scheduled banks

RBI steps up scrutiny of banks' cyber defences amid rising AI-led attacks

In a series of recent meetings, the RBI asked banks to probe weaknesses in application programming interfaces (APIs), the software links banks use to connect with non-bank lenders and fintechs

Best of Opinion: Tax reform must be guided by long-term economic objectives

Today's editorials and columns examine foreign portfolio outflows, municipal governance, capital-gains taxation, RBI liquidity management and a book exploring the science of brain health

Shaktikanta Das pitches for bigger banks, deeper corporate bond market

Das said India's growth is powered by the triple engines of macroeconomic stability, continuing structural reforms and efforts to build domestic capacity

Bank liquidity surplus plunges to ₹46,200 crore amid RBI's rupee defence

Excess funds with lenders have shrunk from a high of ₹11 trillion ($116 billion) in early September to ₹46,200 crore as of Oct. 26, according to a Bloomberg Economics index

Growth momentum holds despite shocks: RBI Deputy Governor Poonam Gupta

At the BFSI Insight Summit 2026, RBI Deputy Governor Poonam Gupta said India's growth momentum remained strong despite global shocks, aided by a diversified economy and policy response

GST officers told to split multi-yr tax notices, substantiate fraud claims

CBIC's new circulars seek greater clarity in GST notices and adjudication, while easing registration requirements, export payment rules and input tax credit distribution

The new rules of cybersecurity

Beyond compliance, regulations must prioritise speed and preparedness in responding to threats in the AI age

India's oil imports, external finance remain key challenges: Poonam Gupta, Dy Governor, RBI

India's dependence on imported oil and external finance remains a challenge, Reserve Bank of India (RBI) Deputy Governor Poonam Gupta said at the Business Standard BFSI Insight Summit 2026.

India should not deplete reserves to defend rupee, says Raghuram Rajan

The rupee has lost about 6% of ‌its value so far in 2026, making it the second-worst performing currency in Asia, and hit a record low of 96.96 in May

India's AA network: New pricing model to now be rolled out from Dec 1

Sahamati has deferred the new pricing model's rollout from November 1 to December 1, giving financial institutions another month of free data access amid requests for postponement

Seamless credit network

Interoperability can enable inclusive lending

Bankers hail RBI's FCNR(B) playbook as dollar inflows surge to $12.7 bn

Public sector banks mobilised around $12.7 billion through foreign currency non-resident (bank), or FCNR(B), deposits, helped by the Reserve Bank of India's (RBI's) swap support,

Bank holiday today: Are banks open or closed due to Valmiki Jayanti 2026?

Due to Valmiki Jayanti, bank branches in some states will be closed today as per the RBI's schedule for October 2026. Banks will stay closed for physical operations in different states

Satellite lights, Google Trends can help estimate state growth: RBI report

Combining night-time illumination and Google Trends data reduced errors in quarterly growth estimates by up to 62 per cent across three industrial states

Future war could target economy: PM for stronger banking cybersecurity

The Prime Minister inaugurates the RBI's Rs 169 crore data centre and cybersecurity training institute in Bhubaneswar, stressing the need to safeguard India's banking system

PM inaugurates RBI's ₹169-cr data centre, cybersecurity institute in Odisha

The 18.55-acre facility in Jatni will support mission-critical payment systems, strengthen digital financial services and boost cybersecurity training