Page 13 - Rbi Policy

Longer call money trading hours likely to address liquidity mismatch

The RBI has proposed extending call money trading hours to 7 PM from 5 PM to better align liquidity with 24x7 payment systems and address mismatches in fund flows

Co-lending 2.0 gains ground, but earlier avatar continues to cast a shadow

The reality is that co-lending did not take off because banks and NBFCs had to dance around issues after blowouts in shadow banking, and iron out the finer aspects of the model

RBI imposes penalty on ICICI, Axis, BoM, IDBI, BoB for violating norms

ICICI, Axis, Bank of Baroda, Bank of Maharashtra and IDBI Bank penalised by RBI for breaches including delayed reporting, excessive charges, and non-compliant operations

RBI seeks 'vostro' accounts investment cap removal to push Rupee trade

The holders of such accounts can invest in Indian government debt without registering as foreign portfolio investors (FPIs), as overseas investors have to

Change is coming: Why RBI wants more Rs 100, Rs 200 notes in ATMs

Regulator seeks to help people in having cash for small purchases though digital financial transactions are growing

ATM withdrawals to cost more after free limit from May 1

From May 1, ATM withdrawals beyond free limits will cost ₹23 per transaction, as RBI hikes the cap on bank charges.

RBI has room for more rate cuts, but with caution, says rate panel member

Going forward, continuing policy easing - both rate cuts and liquidity infusions - could eventually alter the growth-inflation

High SDF balances signal asymmetric liquidity conditions: RBI Bulletin

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

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

Govt bond yields inch up following RBI's revised liquidity norms

The RBI has mandated a 2.5 per cent additional run-off factor for retail deposits linked to internet and mobile banking (IMB) facilities for commercial banks

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

Minors aged 10+ can open, operate bank accounts independently

Regulator says banks may offer facilities such as internet banking, ATM/debit cards, cheque books to minors

RBI allows minors above 10 years to open bank accounts independently

Minors of any age can open and operate savings and term deposit accounts through their natural or legal guardian

RBI draft directions for exports envisage more powers to authorised dealers

In a significant departure from the practice of giving detailed guidelines, the draft direction merely provides a list of RBI regulations that authorised dealers (ADs) must follow

Good Friday Bank Holiday 2025: Banks to remain closed on April 18?

This year, April 18, will be Good Friday in 2025. The RBI schedule indicates that several banks in numerous states will not be open on that day. However, nationwide, it is not a public holiday

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

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

Growth risks to nudge RBI towards deeper rate cuts, say economists

Growth in Asia's third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war

Auto, realty cos expect sales rebound after RBI slashes repo rate

Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment

Bank of India, UCO Bank cut lending rate in line with RBI's policy

Bank of India and UCO Bank have announced 25 basis points reduction lending rate within hours of RBI's decision to slash its policy rate on Wednesday, a move which will help existing and new borrowers. Other banks are also are expected to make similar announcements soon. Both public sector banks, in separate regulatory filings, said the rate revision has been done following the RBI's reduction in the short-term lending rate (repo rate) earlier in the day. Bank of India's new Repo Based Lending Rate (RBLR) stands at 8.85 per cent compared to 9.10 per cent earlier. The new rate would be effective from Wednesday, Bank of India said in a regulatory filing. UCO Bank said it has brought down repo linked rate to 8.8 per cent, effective Thursday.