Govt banks stay away from auction
As of the end of September, the RBI held 880 tonnes of gold, of which 576 tonnes were stored domestically - an all time-high
The move is towards opening up the sector, but selectively, with regulatory scrutiny and special approval
The net liquidity in the banking system has remained in deficit mode for four consecutive days. The system liquidity was in a deficit of Rs 2,645 crore on Thursday, the latest data by the RBI showed
Following the RBI's 100-bps policy rate cut, private banks showed faster transmission to lending rates, while PSBs led in passing on deposit rate reductions
RBI's 'State of the Economy' report notes improved alignment between the weighted average call rate and repo rate under the revised liquidity management framework
25-bps rate cut by December looks likely, but RBI's neutral stance and global uncertainties mean yields may not fall sharply, says Jain
Vidyawati still had to visit the school to check whether the credit had actually come through, losing a day's work in the process
MPC members see room for easing as inflation cools, but hold rates steady to gauge the full impact of earlier policy steps
The proposal was made at a meeting convened by the central bank's Financial Inclusion and Development Department (FIDD) last week to address issues facing the MSME sector from the impact of 50%
The RBI said it has also extended the time for repatriating money in foreign currency accounts maintained in the International Financial Services Centre (IFSC) in India from one month to three months.
RBI eases forex compliance: exporters and importers can reconcile smaller bills, merchant traders get longer timelines, and rupee vostro accounts gain investment flexibility
Apart from the SP Group, the Tata Trusts own 66 per cent of Tata Sons and hold substantial voting power over board decisions. While some trustees reportedly favour a listing, others are opposed.
Suggests differentiated investment strategies, market-linked accounting
Analysts say large lenders like HDFC Bank, ICICI Bank and SBI have strong provisioning buffers, while those with unsecured or microfinance exposure may face higher impact
Jio Financial Services Chairman K V Kamath says RBI's latest measures will restore equilibrium in bank lending and boost corporate credit growth
Malhotra also said the central bank is conceptualising "Unified Market Interface" as a new next-generation financial market infrastructure
RBI's draft norms propose revised risk weights across corporate, MSME, real estate, and retail exposures, aiming to reduce banks' capital requirements from FY28
That said, the CBDC pilot is progressing well, with the user base in India expanding to about seven million, said RBI Deputy Governor T Rabi Sankar
According to a Bank of Baroda report, the RBI's decision has the potential to open the doors to an industry which market sources value at around $40 billion or ₹3.5 trillion