Rbi

High SDF balances signal asymmetric liquidity conditions: RBI Bulletin

RBI report highlights precautionary cash hoarding and uneven fund distribution in banking system

Large banks to benefit from RBI's runoff factor move, say analysts

The new norms have allowed lowering the runoff factor on deposits from non-financial entities such as trusts to 40 per cent from 100 per cent

RBI asks banks to complete migration to bank.in domain by October 31, 2025

The actual registration process was expected to commence from April, with detailed guidelines to be issued later

Repatriation drags down net FDI to $1.5 billion in Apr-Feb: RBI bulletin

The State of the Economy report in the April 2025 bulletin noted that Singapore was the largest source of equity inflows with a share of 29.8 per cent, followed by Mauritius and the US

Rupee's REER eases to 101.49 in March, says RBI's monthly bulletin

Outstanding forward market short position climbs to $88.7 billion

Trade war's hit on Indian economy likely to be limited, says RBI bulletin

The report also stated that the liquidity measures undertaken by the central bank since mid-January have helped to maintain orderly conditions in the money market

RBI cancels licence of Aurangabad-based Ajantha Urban Co-op Bank Maryadit

The Reserve Bank on Tuesday said it has cancelled the licence of Ajantha Urban Co-operative Bank Maryadit, Aurangabad, as the lender does not have adequate capital and earning prospects. Consequently, the bank ceases to carry on banking business, with effect from the close of business on Tuesday (April 22, 2025), the Reserve Bank of India (RBI) said in a statement. The Registrar of Cooperative Societies, Maharashtra, has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC). As per the data submitted by the bank, the RBI said 91.55 per cent of the depositors are entitled to receiving full amount of their deposits from DICGC. As on April 3, 2025, DICGC has already paid Rs 275.22 crore of the total insured deposits. Giving re

India poised to benefit from supply chain realignments: RBI bulletin

India is poised to benefit from supply chain realignments, diversified FDI sources, and engagement with global investors seeking resilience and scale, given its already established trade linkages, said the RBI's April bulletin. Moreover, India's consistent strength in services exports and remittance inflows continues to provide a vital buffer for the current account, said an article on 'State of the Economy' in the bulletin. "Calibrated policy support can help India turn global volatility into an opportunity and strengthen its position in the emerging world economic landscape," it said. It also noted that escalation of trade and tariff tensions and the resultant financial market volatility have raised concerns regarding the weakening of global growth in the near term. "Although the dampening global economic outlook could impact India's economic growth through weaker external demand, the domestic growth engines, viz., consumption and investment, are relatively less susceptible to ..

Net $1.6 billion sold in spot FX market in February: RBI bulletin

The RBI said it purchased $45.03 billion and sold $46.6 billion. In January, the central bank had sold a net of $11.1 billion in the spot market

Govt extends tenure of RBI Deputy Governor T Rabi Sankar by one year

The government has extended the term of RBI Deputy Governor T Rabi Sankar for another one year till May 2026, according to sources. This is the second one-year extension granted to him. The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Rao for a period of one year with effect from May 3, 2025, or until further orders, sources said quoting a government order dated April 21. The ACC is headed by Prime Minister Narendra Modi. He was appointed as RBI Deputy Governor in May 2021 for an initial period of three years. In his previous role as Executive Director, Sankar was looking after the Department of Payment and Settlement Systems, the Department of Information Technology, Fintech and the Risk Monitoring Department in RBI. Sankar has also in the past served as an IMF Consultant (2005-11) towards developing government bond markets and debt management. Outside his career at the RBI, Sankar holds the role of Chairman at Indian Financial Technology and A

RBI's new liquidity norm to free up $35 bn, likely boosting credit growth

India's banking system, which has an estimated HQLA of almost ₹45 trillion to ₹50 trillion, could have an additional ₹2.7 trillion to ₹3 trillion in lendable resources

Brokerages pick bank stocks that will benefit from RBI LCR guidelines

RBI LCR norms: The guidelines, as per analysts at CLSA, could potentially infuse liquidity worth ₹2.5 trillion in the system, which is "modest but sentimentally positive"

RBI's gold loan norms welcome, but NBFC-bank parity is essential

It is essential to understand that the very purpose of the existence of NBFCs is to issue loans that banks, with their fragile capital structure, cannot issue

RBI permits minors above 10 yrs to operate bank accounts independently

The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. The Reserve Bank of India has issued revised instructions on opening and operation in the deposit accounts of minors. Minors of any age may be allowed to open and operate savings and term deposit accounts through his/ her natural or legal guardian, the RBI said in a circular addressed to commercial banks and cooperative banks. They may also be allowed to open such accounts with their mother as guardian. "Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks keeping in view their risk management policy, may be allowed to open and operate savings/ term deposit accounts independently, if they so desire, and such terms shall be duly conveyed to the account holder," the circular said. Further, on attaining the age of majority, fresh operating instructions and specimen ...

Car loans become cheaper: Here is what's various lenders are offering

Understanding loan terms of various companies is vital for financial planning and saving

RBI cancels licence of Ahmedabad-based Colour Merchants Co-op Bank

The Reserve Bank on Wednesday said it has cancelled the licence of Ahmedabad-based 'Colour Merchants Co-operative Bank' as the lender does not have adequate capital and earning prospects. Registrar of Cooperative Societies, Gujarat, has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank, the Reserve Bank of India (RBI) said in a statement. On liquidation, every depositor would be entitled to receive the deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh only from the Deposit Insurance and Credit Guarantee Corporation (DICGC). RBI further said as per the data submitted by the co-operative bank, about 98.51 per cent of the depositors are entitled to receive full amount of their deposits from DICGC. As of March 31, 2024, DICGC has already paid Rs 13.94 crore of the total insured deposits based on the willingness received from the concerned depositors of the bank. Giving reasons behind cancellation

Indian companies file $2.82 billion ECB plans with RBI in February 2025

Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries

RBI asks banks to pay 8% interest for delay in central govt pension payment

Interest should be paid automatically, without any demand from the pensioner: RBI circular

RBI's liquidity infusion plan pushes govt bonds to over 3-year highs

Reserve Bank of India will buy bonds worth ₹40,000 crore ($4.67 billion) and will also conduct 43-day repo for ₹1.50 trillion on Thursday

India moves to deepen junk debt market by allowing bad loan securitisation

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track