RBI policy decision: RBI governor Sanjay Malhotra announced to cut 50 bps repo rate and 100 bps CRR; here's how analysts view the move
HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.
The Reserve Bank of India (RBI) on Friday cut the repo rate by 50 basis points to 5.50 per cent, marking the third consecutive reduction in 2025.
Stocks to Watch today: Rate-sensitive stocks, Bajaj Finserv, BEL, Coal India, JSW Energy, LIC and National Aluminium Company are among the stocks to watch today, June 6, 2025
The six member monetary policy of the RBI has reduced the policy repo rate by 25 bps each in the two previous policy review meetings, in February and April
Cash logistics firms and banks cite note supply and operational costs as key concerns in meeting RBI's target for ATMs dispensing Rs 100 or Rs 200 notes by September 2025
The SDF window, which came into effect from April 2022, offers 25 bps lower than the policy repo rate
The government will repurchase select 2026 and 2027 securities via an RBI auction to reduce liabilities and improve the fiscal and debt profile
RBI's balance sheet grew to ₹76.25 trillion in FY25 with a record ₹2.69 trillion surplus and higher gold, domestic and foreign investments; gold holding rose 57.48 tonnes
RBI annual report says household savings recovered to 5.1% of GNDI in FY24, projects 6.5% GDP growth for FY26 as India remains the fastest-growing major economy
At an organisation like the RBI, the prestigious and powerful activities are monetary policy and banking. Bank deposits in India are about ₹220 trillion
Cash usage in India has slowed since the 1990s despite NiC rising to Rs 34.8 trillion in 2024, with increased ATM access and digital adoption impacting demand
RBI's main cash management tool has been the 14-day variable repo since a change in 2020 that was intended to lower banks' reliance on the RBI and push them to better predict their liquidity needs
Dubai-based Emirates NBD has received RBI's in-principle approval to convert its three India branches into a wholly owned subsidiary to deepen domestic banking services
The domestic currency began the session 24 paise lower at 85.52 after closing at 85.28 against the greenback on Wednesday
The domestic currency opened 21 paise higher at 85.13 after ending at 85.34 against the greenback on Tuesday
RBI directs regulated entities to upload digital lending app data on the CIMS portal by June 15 to enhance transparency and streamline digital lending regulations
The Reserve Bank on Thursday relaxed norms for investments by foreign portfolio investors in corporate debt securities through the general route by withdrawing certain requirements. At present, investments by FPIs in corporate debt securities through the general route are subject to the short-term investment and concentration limit. "On a review, and with a view to providing greater ease of investment to FPIs, it has been decided to withdraw the requirement for investments by FPIs in corporate debt securities to comply with the short-term investment limit and the concentration limit," the RBI said in a circular. General route 1 for investment in government and corporate debt securities by FPIs, subject to specified investment limits and macroprudential limits.
Kotak Mahindra Bank expects RBI to transfer up to ₹3.5 trillion to the government, while IDFC First Bank estimates the dividend at around ₹3 trillion for the fiscal year ending March
The Reserve Bank on Wednesday said it has recognised the Fixed Income Money Market and Derivatives Association of India (FIMMDA) as an SRO in financial markets regulated by the central bank. In August last year, the RBI had issued the framework for recognition of Self-Regulatory Organisations (SROs) in financial markets. The norms were issued in view of the potential role of SROs in strengthening compliance culture among their members and also providing a consultative platform for policy making. The statement said, an application seeking recognition as an SRO in financial markets regulated by the Reserve Bank was received from the FIMMDA. "Based on an examination of the application against the relevant requirements under the framework, it has been decided to recognise FIMMDA as an SRO in financial markets regulated by the Reserve Bank," it said. FIMMDA, an association of commercial banks, public financial institutions, primary dealers, and insurance companies was incorporated as a