Page 11 - Rbi

RBI taps over $2 bn FX swaps to ease liquidity amid rupee pressure: Bankers

Spot intervention ​drains rupee liquidity, an effect the RBI can counter through dollar/rupee buy-sell FX swaps, in which the first leg is settled at the spot date and the second at a future date

Non-bank sources along with banks aiding credit pickup: RBI report

High-frequency indicators for December suggest continued buoyancy in growth impulses

Outward remittances under LRS fell to its lowest in November in FY26

Outward remittances under RBI's LRS fell to the lowest level of FY26 in November, as overseas travel and education spending by Indians moderated

India's financial assets & liabilities logs strong growth in FY24: RBI

India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal

Flows in NRI deposits drop 26.6% to $9.2 bn in April-November 2025: RBI

Inflows into NRI deposit schemes declined sharply during April-November 2025, dragged down by a steep fall in FCNR(B) deposits, even as NRE and NRO accounts recorded modest growth, RBI data showed

Current state of economy provides ground for optimism: RBI bulletin

The current state of the economy provides ground for optimism going forward and India will remain the fastest growing major economy, notwithstanding elevated geopolitical risks and policy uncertainty ahead, a Reserve Bank bulletin said on Wednesday. The year 2026 began with an escalation of geopolitical tensions, marked by developments such as the US intervention in Venezuela, the simmering conflict in the Middle East, ambiguity surrounding the RussiaUkraine peace deal, and escalation of the row over Greenland, all of which point to still-elevated geo-economic risks and policy uncertainty ahead, it said. "Even amidst these global uncertainties, the current state of the economy provides ground for optimism going forward. The GDP growth estimates for 2025-26 indicate that India will remain the fastest growing major economy in the world," said an article published in the January bulletin. Global growth remained resilient in 2025 despite heightened uncertainties. Though elevated, global

RBI net sells $9.7 billion in November, short dollar position rises

RBI's net dollar sales moderated in November, even as its outstanding short dollar position in the forward market rose further, reflecting continued intervention to manage rupee volatility

Payoneer India gets RBI in-principle nod as cross-border payment aggregator

RBI's in-principle approval allows Payoneer India to expand cross-border payment services for importers and exporters, even as 19 entities have already received full PA-CB authorisation from regulator

Centre likely to amend Sarfaesi Act for control over Central Registry

The Centre is considering amendments to the SARFAESI Act to clarify oversight of CERSAI, empower RBI, remove legal ambiguities, and improve credit enforcement and ease of doing business

RBI approves appointment of Bharucha as whole-time director in HDFC Bank

HDFC Bank on Tuesday said that the RBI has approved the appointment of Kaizad Bharucha as a whole-time director on the bank's board. In a regulatory filing, HDFC Bank said, "The RBI, vide its communication dated January 20, 2026, has given approval for the re-appointment of Mr. Kaizad Bharucha as the Whole-time Director (Deputy Managing Director) of the Bank for a further period of 3 (three) years w.e.f. April 19, 2026." Shares of HDFC Bank closed at Rs 931.15, up 0.38 per cent over the previous close on BSE.

Why Assam's rapid growth is more than a low-base effect

An RBI report places Assam as India's fastest-growing state over five years, driven by fiscal discipline, infrastructure spending and administrative reform rather than a low-base rebound

RBI needs to ramp up bond purchases as rate cuts fail to cool yields

The benchmark 10-year yield on Monday surged back to nearly the same level seen before the RBI began cutting rates early last year

At UCB meet, RBI stresses asset quality oversight, governance standards

RBI Governor Sanjay Malhotra urges urban co-operative banks to strengthen governance, underwriting and asset quality, reiterating their role in financial inclusion

ICICI Bank shares dip 2% after ₹1,283 crore agri loan provisioning

ICICI Bank shares fell over 2% after RBI flagged gaps in agri PSL classification, forcing higher provisions and a 4% drop in Q3 net profit

Govt announces interest subvention scheme for export credit under EPM

RBI notifies interest subvention scheme Niryat Prothsahan, directing banks to extend subsidised pre- and post-shipment export credit under EPM

Budget should back R&D, create long-term funding institution: MPC member

RBI Monetary Policy Committee member Nagesh Kumar on Monday said the government should provide policy incentives to promote R&D activities and create an institutional fund to ensure long-term capital for the industry in the forthcoming Budget. Finance Minister Nirmala Sitharaman will present the Union Budget for 2026-27 on February 1. "For boosting the manufacturing-led growth, the Union Budget 2026-17 should consider some policy incentives for promoting in-house R&D activity of Indian companies, given its role in strengthening their productivity and competitiveness," Kumar told PTI in an interview. He said Research, Development and Innovation (RDI) and Anusandhan National Research Foundation (ANRF) are important measures adopted in recent times. "But they need to be complemented by incentives for corporate R&D activity," he said, adding that restoring the 200 per cent weighted tax deduction for R&D expenditure could be one such policy. According to Kumar, another ...

Soon, single monthly snapshot to reflect all your savings and investments

Investors may soon get a single monthly snapshot of savings and investments across asset classes as Sebi works with other regulators to expand the CAS framework

SBI terminates GMU Kolkata lease; civil society urges RBI to intervene

The State Bank of India has terminated the lease for its Global Markets Unit (GMU) premises in Kolkata, a move that has drawn objections from a civil society forum, which has urged the Reserve Bank of India (RBI) to intervene and stop any closure of the unit without regulatory approval. An SBI notice dated January 14, 2026, issued to a vendor, stated that the bank is terminating the lease for the 11th to 16th floors of the Jeevan Sudha Building on Jawaharlal Nehru Road in central Kolkata, which housed the foreign exchange and global markets unit. The notice provides a one-month period to vacate, signalling the bank's intent to leave the premises as part of its plan to consolidate treasury and forex operations in Mumbai. The bank used to operate its GMU and some international operations from Jeevan Sudha Building. However, the bank has a massive building, Samriddhi Bhavan, located at 1, Strand Road on the banks of the Hooghly, which serves as a major hub housing several SBI ...

Base-year revision to facilitate calibrated policies: RBI Governor Malhotra

RBI Governor Sanjay Malhotra says base year revision of GDP, CPI and IIP will enable more calibrated policymaking, improve inflation targeting and better reflect India's evolving economy

New FEMA regulations for exports and imports to take effect from Oct 1

RBI notifies new FEMA export-import regulations effective October 1, 2026, tightening reporting timelines for banks and mandating stricter monitoring via EDPMS and IDPMS