Page 14 - Rbi Policy

MPC highlights: Growth estimate revisions mainly due to tariff-related uncertainties, says Malhotra

RBI MPC Meeting 2025 highlights: Catch all the latest news updates on the RBI Monetary Policy Committee meeting here

Stock Market Highlights: Sensex falls 379 points, Nifty at 22,399 pulled by IT, PSU Bank stocks

Sensex Today | Stock Market Highlights: In the broader markets, the BSE midcap and smallcap fell 0.73 per cent and 1.08 per cent respectively

RBI cuts rate by 25bps amid tariff war; here's how experts interpret it

The repo rate cut by the RBI reinforces the central bank's commitment to support economic growth

Accommodative stance, lower credit costs may boost equity market: Emkay

The likelihood of the RBI going in for another 50bps points rate cut for the rest of the calendar year is very high, says Dr Joseph Thomas, head of research, Emkay Wealth Management

UPI transaction limits set for revision: What RBI decision means for you

The RBI has announced a revision of UPI transaction limits, allowing higher payment caps for Person-to-Merchant (P2M) transactions, while keeping Person-to-Person (P2P) payments capped at Rs 1 lakh

Home loan EMIs set to fall after RBI rate cut: Tips to maximise savings

With the latest decision, EMIs are expected to come down, especially for those with repo-linked home loans

Manappuram, Muthoot slip up to 10% as RBI to review gold loan regulations

In March, reportedly, India's central bank had plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds

RBI rate cut to hit Fixed Deposit returns: What investors can do now

This second cut in three months could affect returns for fixed deposit (FD) holders

RBI cuts policy rate by 25 bps to 6%, changes stance to support growth

The committee had changed the stance to neutral in October from withdrawal of accommodation

RBI set to cut rates for a second time as US tariffs add to risks

In February, the RBI's six-member monetary policy committee delivered its first rate cut since May 2020 amid a slowdown in the economy, which is expected to have expanded 6.5 per cent in fiscal 2025

Rupee strengthens to 84.95 intraday as dollar index continues to slip

The market was surprised with the central bank's decision to stay away from the foreign exchange market as it was an opportunity to buy dollars

RBI proposes new regulations for export, import transactions under Fema

In July last year, the RBI had issued the draft, and based on the feedback received from the public and subsequent further consultations with various stakeholders

Banks propose RBI switch to overnight liquidity management, new benchmark

The 14-day variable rate repo, or reverse repo, has been the RBI's main cash management tool since a change in 2020 that was intended to reduce lenders' reliance on the central bank

RBI decides not to conduct 14-day repo auction for upcoming fortnight

Banking system liquidity moved into surplus on March 29, after being in deficit since mid-December. The surplus stood at 1.42 trillion rupees, as on April 1

RBI allows banks to raise ATM charges to Rs 23 per withdrawal from May 1

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1. Customers are eligible for five free transactions (inclusive of financial and non- financial transactions) every month from their own bank Automated Teller Machines (ATMs). They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank ATMs -- three transactions in metro centres and five in non-metro centres. "Beyond the free transactions, a customer may be charged a maximum fee of Rs 23 per transaction. This shall be effective from May 1, 2025," the RBI said in a circular. Currently, banks are allowed to charge Rs 21 per transaction, after a customer exhausts the free transaction limit. The RBI further said the instructions shall also apply, mutatis mutandis, to transactions done at cash recycler machines (other than for cash deposit transactions).

RBI mandates banks to conduct special clearing operations on March 31

The RBI on Friday asked all banks to mandatorily participate in the special clearing operations on March 31 to facilitate accounting of all government transactions for 2024-25. India follows the April 1-March 31 financial year. The Income tax offices as well as CGST offices across the country will remain open on March 29 to March 31 despite the weekend and Eid-al-Fitr, which may fall on Monday. Earlier, the RBI had said all government transactions done by agency banks for 2024-25 must be accounted for within the same financial year. It had asked all agency banks to keep all branches dealing with government receipts and payments open for over-the-counter transactions related to government transactions up to the normal working hours on March 31, 2025. In a circular on Friday, the Reserve Bank of India (RBI) also said normal clearing timings under Cheque Truncation System (CTS) as applicable to any working "Monday" shall be followed on March 31, 2025. "Further, to facilitate account

Indranil Bhattacharyya appointed as new executive director of RBI

The Reserve Bank of India (RBI) on Thursday said it has appointed Indranil Bhattacharyya as executive director (ED). As executive director, Bhattacharyya will look after the Department of Economic and Policy Research, the RBI said in a statement. The appointment is effective from March 19. Prior to his promotion as ED, Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI. Over a span of nearly three decades, he has worked in the areas of monetary policy, fiscal policy, banking, and international economic relations in the Monetary Policy Department, Department of Economic and Policy Research and the International Department of the RBI. He has also served as an economic expert in the technical office of the Governor at Qatar Central Bank, Doha, Qatar for 5 years (2009-14). Bhattacharyya has a postgraduate degree in economics from Jawaharlal Nehru University, New Delhi. His research interests are primarily in monetary theory and policy, financial market

Waiting for a fair wind: Shadow bank risks persist despite RBI relief

Consumer credit exposures of commercial banks and NBFCs (excluding housing, education, vehicle loans and loans secured by gold and gold jewellery) still attract a weighting of 125 per cent

IndusInd Bank CEO gets 1-year extension, short of board's recommendation

The Reserve Bank of India (RBI) approved Kathpalia's term to be extended from March 24 this year to March 23, 2026, IndusInd said

RBI advises NBFCs to curb perpetual credit lines over risk concerns

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging lenders to slow down issuance of such flexible credit products