Rbi

At 15.4%, bank deposit growth highest since December 2016: RBI data

The current account deficit widened to $6.2 billion in June from a $1.2 billion surplus in June 2025, as the merchandise trade deficit increased to $30.2 billion from $19.2 billion

Inflows over $52 bn, RBI opts to shut FCNR(B) tap ahead of schedule

Forex booster gambit to end Aug 31, a month ahead of schedule

India's BoP deficit widens to $8.1 billion in Q1FY27 on capital outflows

Q1 current account deficit at $3.1 billion; $6.2 billion in June

RBI slaps penalty on IndusInd Bank, three NBFCs for regulatory lapses

The RBI imposed a Rs 59.20 lakh penalty on IndusInd Bank and also penalised Fusion Finance, Northern Arc Capital and Muthoot MCred for regulatory lapses

Bank deposit growth hits highest since December 2016 at 15.4%: RBI data

Aggregate deposits rose by Rs 6.61 trillion in the fortnight ended July 31, while bank credit growth accelerated to 19.3 per cent, its highest since May 2024

ICICI Bank joins Indian banks chasing dollar loans as demand swells

The nation's second-largest private lender first signed a loan agreement with Bank of America Corp. for about $1 billion

Best of BS Opinion: Mining reforms risk undermining fiscal federalism

Today's pieces examine mining reforms and fiscal federalism, India's need for a caregiving policy, stronger bank boards, urban governance and lessons in crisis leadership

RBI Governor highlights central banks' role in price, financial stability

RBI Governor Sanjay Malhotra said cooperation among BRICS central banks is crucial to building a resilient, efficient and inclusive global financial system.

RBI draft lending norms may speed up rate transmission, limit flexibility

Brokerages expect the RBI's proposed lending rate framework to improve transparency and speed up transmission, while restrictions on spread changes could limit lenders' pricing flexibility

RBI sets new loan recovery rules: What changes for borrowers in 2027

RBI's binding rules on recovery will restrict contact hours and recovery-agent conduct, while safeguarding against wrongful device locking, but third-party agents could pose challenges.

RBI turns upbeat as worst of West Asia war shock recedes, demand holds up

Five months after the Iran war stoked fears of an oil-driven inflation surge and economic slowdown, resilient demand and easing price pressures are giving RBI officials more confidence

The listing question lingers on for Tata Sons amid a leadership transition

Tata Sons' stock market listing remains uncertain as the RBI continues to examine its request for NBFC de-registration, despite its upper-layer classificatio

RBI draft rules on interest rates: External benchmark optional for NBFCs

The proposed harmonised framework requires banks to link certain floating-rate loans to external benchmarks while giving NBFCs and other lenders discretion over adoption

India's inflation rises to 4.45%, but unlikely to shift RBI rate outlook

India's retail inflation rose for a second straight month above the RBI's 4% target in July, but remained within the central bank's 2-6% tolerance band.

We may apply for universal banking licence within a year: Equitas SFB CEO

Equitas Small Finance Bank aims to nearly triple advances to ₹1.2 trillion in five years, while preparing for a possible universal banking licence application within a year

Harness AI, build human oversight: RBI Governor Sanjay Malhotra to banks

RBI Governor Sanjay Malhotra said member countries are studying digital currencies and payment-system linkages while India also works to expand local currency trade

₹86,917 cr in unclaimed deposits with RBI fund, FinMin tells Parliament

SBI had the largest amount of unclaimed deposits transferred to the fund at Rs 20,040 crore, followed by Punjab National Bank at Rs 7,585 crore, Canara Bank at Rs 6,830 crore

'More than we can handle': StanChart's PD Singh on FCNR deposits

"We are in a very critical phase where foreign capital will find its way to India if we are able to articulate the benefits we have," Singh said

Tata Capital's revolving credit exposure below 5% of loan book: Sabharwal

Lender to submit feedback on RBI proposal to bar NBFCs from offering revolving credit products

Govt approves introduction of one billion polymer banknotes of ₹10 and ₹20

The government has approved the introduction of one billion polymer banknotes of Rs 10 and Rs 20 for field trials, Parliament was informed on Tuesday. The Reserve Bank of India (RBI), with the recommendation of its central board, had sent a proposal to the government in terms of Section 25 of the Reserve Bank of India Act, 1934, for introduction of one billion pieces each of Rs 10 and Rs 20 polymer banknotes for field trials and for regular issuance of polymer banknotes in these two denominations after successful completion of field trials, Finance Minister said in a written reply to the Rajya Sabha. "The proposal has been approved by the government. As per the RBI, these polymer banknotes are proposed to be issued along with paper substrate-based banknotes," she said. The RBI has informed that the procurement process is presently at an initial stage, she said. Therefore, she said, at this point of time, it would not be possible to practicably determine the exact timeframe for ...