Page 10 - Rbi

RBI plans cross-border CBDC pilots amid digital currency experiments

Central bank will expand digital rupee experiments in 2026-27, focusing on cross-border payments, asset tokenisation, programmable money and welfare applications

RBI weighs adding 'frictions' to digital payments to tackle online fraud

Central bank is exploring transaction delays, broader customer controls and a kill switch mechanism as digital payment frauds continue to rise in value

RBI's forex transaction gains rise 52% to ₹1.69 trillion in FY26

Reports first mark-to-market loss on forward contracts in at least five years

Legacy cases lifted bank fraud to ₹48,021 cr in FY26: RBI annual report

Advances account for 85% of all frauds in banking industry in FY26, says regulator in annual report

Rupee logs sharpest gain in 2 months; best-performing Asian currency

The rupee rose sharply on lower crude oil prices and likely RBI intervention, even as India's foreign exchange reserves fell to their lowest level in over a year

Lingering geopolitical tensions may hit loan portfolios: RBI report

RBI warned that the West Asia conflict, rising energy prices and monsoon risks could weigh on India's growth and inflation outlook in the short term

RBI's net short forward dollar position falls to $95 bn after six months

The Reserve Bank of India's outstanding net short dollar position in the forward market declined in April, marking the first reduction after six consecutive months of increases

RBI to estimate natural real rate of interest, potential GDP growth in FY27

RBI plans to estimate India's natural real interest rate and potential GDP growth in FY27 to strengthen macroeconomic forecasting and policy analysis

RBI's penalties on regulated entities at 5-year low of ₹26.33 crore in FY26

RBI's penalties on regulated entities fell to a five-year low of ₹26.33 crore in FY26, with enforcement action taken against 241 entities

Bank credit growth remains strong at 16.2% despite global uncertainties

Bank lending continued to outpace deposit growth in the fortnight ended May 15, with strong traction in NBFC, retail and industrial credit segments

India's foreign exchange reserves fall by $7.5 bn to $681.4 bn: RBI

India's forex reserves fell sharply as RBI interventions and declining gold and foreign currency assets weighed on the overall kitty

RBI to hold rates in June; majority now expect hike by year-end: Poll

Nearly 80 per cent of economists, 44 of 56, in the May 22-29 Reuters poll expected the Monetary Policy Committee to keep the repo rate unchanged at 5.25 per cent on June 5

India may soon get plastic money: RBI revives decade-old plan | Banknotes

The RBI is reportedly reviving its plan to introduce polymer banknotes that last longer, resist damage, and reduce replacement costs.

HDFC Bank denies inappropriate payments allegation, shares fall

HDFC Bank rejected allegations of inappropriate payments to a Maharashtra government agency as its shares declined amid renewed scrutiny over governance concerns

Did you get an RBI lottery or inheritance email? It's a scam, warns PIB

Fake RBI Emails Asking for 'Crediting Fee' Are Phishing Scams, Says Government

MobiKwik gets RBI nod for offline payment aggregator licence expansion

The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence

ICICI Bank's shares jump 2% after RBI okays Sandeep Bakhshi's reappointment

ICICI Bank shares gained after RBI approved the reappointment of Sandeep Bakhshi as MD & CEO for another two years starting October 2026

RBI, credit-rating firms assess West Asia conflict risks on India Inc

The consultations were aimed at evaluating conditions on the ground so authorities would not be caught off guard if the conflict deepens

A wrong tool for the rupee and serious side effects on growth prospects

A stable rupee also lowers the currency-risk premium FPIs demand, reducing both required returns and inflation risk

Credit card spends rise 7% to ₹1.97 trillion in April 2026: RBI data

Credit card spends rose 7.06 per cent year-on-year in April 2026, driven by growth in PoS and e-commerce transactions, according to RBI data