RBI Governor Sanjay Malhotra said this week that recent economic data suggested there was still scope to cut interest rates
The MPC reduced the policy repo rate by 100 basis points this year, and its decision in the December meeting will depend largely on how it expects the inflation rate to evolve in the coming quarters
State Bank of India is confident of achieving its 3 per cent net interest margin guidance even if the Reserve Bank decides to cut the repo rate by 0.25 per cent in next week's monetary policy review, Chairman C S Setty said. In an interview with PTI, the SBI chairman said that the RBI decision next Friday will be a "close call" and added that the house view at SBI is pointing towards a shallow cut of 0.25 per cent. "...if December rate cut is there, but our house view again is that it would be a shallow rate cut of 0.25 per cent, so it may not have any significant impact on the margins," he said. Earlier this month, before the release of official data pointing to inflation cooling to the lowest ever rate of 0.29 per cent in October, SBI had opined that RBI will opt for a pause in December and cut the interest rate in February. Earlier this week, RBI Governor Sanjay Malhotra said that there is a space for a rate cut and it was mentioned in the last bimonthly policy in October. The
Seasonality, a fundamental component of economic data alongside trend and cyclical movements, reflects recurring patterns arising from weather, production cycles, holidays and institutional behaviour
Net ECB inflows eased to $8 bn in April-September 2025 as borrowings fell yoy, but inflows still exceeded outflows, prompting RBI to adjust norms amid a strong external sector
Indian Bank, Bank of Maharashtra, Bank of Baroda, Central Bank of India and Canara Bank were up in the range of 2 per cent to 3 per cent in intra-day trade on Tuesday.
Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US
The central bank likely sold dollars on the order-matching platform and in the non-deliverable forward market, helping lift sentiment
RBI's absence in the market may be behind the sharp fall
The net liquidity in the banking system was in a surplus of ₹1.56 trillion on Thursday, according to latest data by the RBI
UPI will be linked with Europe's tips system to enable faster, low-cost cross-border payments between India and the Euro area, with RBI and ECB starting work on technical integration
To cushion exporters from the steep 50% US tariff, the RBI has announced relief measures, including easing debt repayment pressure and extending flexibility in export credit.
India's forex reserves jumped USD 5.543 billion to USD 692.576 billion during the week ended November 14 due to a steep increase in the value of gold reserves, the RBI said on Friday. The overall reserves had dropped by USD 2.699 billion to USD 687.034 billion in the previous reporting week. For the week ended November 14, foreign currency assets, a major component of the reserves, increased by USD 152 million to USD 562.29 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Value of the gold reserves jumped by USD 5.327 billion to USD 106.857 billion during the week, the RBI said. The Special Drawing Rights (SDRs) grew by USD 56 million to USD 18.65 billion, the apex bank said. India's reserve position with the IMF increased by USD 8 million to USD 4.779 billion in the reporting week, the apex bank
The RBI's VRR operations are intended to infuse liquidity into the financial system and anchor short-term money market rates closer to the policy repo rate
Infibeam Avenues, PayU have received RBI approval to operate as physical payment aggregators, enabling them to deploy PoS devices and expand their offline payments footprint
The RBI on Friday announced a package of relief measures to help exporters cope with the pressure from US tariffs, including extending the export realisation window to 15 months from nine
The RBI has extended export credit timelines, eased repayment norms and allowed flexibility in realising proceeds to help exporters cope with disruptions triggered by US tariff action
RBI Deputy Governor Shirish Chandra Murmu says the central bank's economic capital, risk buffers and revaluation practices place it in a strong position to meet its policy mandates
Religare Enterprises has approved the induction of three Burman family members and Samco Group founder Jimeet Modi to its board, marking a key step in the company's leadership transition
India's foreign exchange reserves dropped by another USD 2.699 billion to USD 687.034 billion during the week ended November 7, the RBI said on Friday. The forex kitty has been on a declining trend for the past few weeks, and had decreased by USD 5.623 billion to USD 689.733 billion in the previous reporting week. For the week ended November 7, foreign currency assets, a major component of the reserves, decreased by USD 2.454 billion to USD 562.137 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Value of the gold reserves declined by USD 195 million to USD 101.531 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 51 million to USD 18.594 billion, the apex bank said. India's reserve position with the IMF was unchanged at USD 4.772 billion in the reporting we