The RBI Officers' Association has opposed the central bank's new promotion policy, citing delayed career progression, stagnation and lack of manpower planning
Rupee weakness amid global turmoil and capital outflows may limit RBI's policy stance, raising risks of rate hikes as inflation, currency pressure and external shocks reshape India's monetary outlook
According to the RBI, banks will stay closed for 12 days out of the 31 days in May 2026. These include weekends, festivals, and regional holidays, so it is advisable to check before heading out
The rupee declined to a low of 94.80 per dollar in early trade, before paring losses to last quote at 94.73, down 0.2 per cent on the day
Recurring payments up to ₹15,000 will no longer require OTP every time.
The rupee will rise to 92.94-92.98 versus the US dollar, traders said, having settled at 93.1950 on Thursday
Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight
Central government offices are closed on April 14, 2026. Many banks across India will also remain shut, as Ambedkar Jayanti coincides with Tamil New Year and Vaisakhi
RBI unveils medium-term Utkarsh 2029 strategy focusing on CBDC expansion, UPI globalisation, ULI scale-up, and modernising currency management and regulation
The 10-year benchmark yield rose as much 4 basis points to 7 per cent after the Reserve Bank of India announced plans to withdraw liquidity of up to ₹2 trillion ($21.6 billion)
RBI will conduct a seven-day variable rate reverse repo auction for ₹2 trillion between 2 pm and 2:30 pm, and the reversal of these funds will take place on April 17
Equity, by its nature, Rashesh Shah, CMD, Edelweiss Financial Services believes, is not a one- or two-year asset class, it represents ownership in businesses that compound over a decade.
No rate cuts yet: How to invest smartly in a 'Wait-and-Watch' market
Projects inflation to rise to 4.6% in FY27 from 2.1% in FY26, GDP growth to slow to 6.9% from 7.6%
Bankers termed the Reserve Bank's move to hold rates in its policy review on Wednesday as a prudent and well-calibrated measure. Sector-specific moves like the removal of the Investment Fluctuation Reserve requirement and easing of CRAR (capital and risk-adjusted ratio) computation were also welcomed by bankers. "The RBI's decision to maintain a status quo stance amid ongoing global uncertainties reflects a prudent and well-calibrated approach aligned with market expectations," CS Setty, who chairs the largest lender SBI and also industry grouping IBA, said in a statement. Setty said the regulatory moves will help strengthen banks' capital positions and help support credit growth on a sustained basis. Indian Overseas Bank's managing director and chief executive, Ajay Kumar Srivastava, said the status quo reflects a 'safety first' approach wherein the central bank is prioritising macroeconomic stability. "A cautious stance is warranted amid evolving global uncertainties, particular
RBI plans to introduce a new framework to classify NBFCs into upper, middle and lower layers, replacing the current scale-based regulation system
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
RBI holds rates amid West Asia uncertainty, with oil prices and geopolitical risks set to shape inflation, growth, and future policy moves
RBI proposes removing due diligence requirement for MSMEs on TReDS platform to improve access to working capital and encourage wider participation
No immediate EMI relief, but steady rates give borrowers a chance to refinance, prepay, and cut long-term loan costs