Page 12 - Rbi

Currency in circulation surged 11.9% in FY26, most in five years

As a percentage of India's GDP, it declined to 12.1% from 14.4% in FY21, say experts

RBI to conduct ₹2 trillion VRRR to absorb surplus liquidity in system

RBI to conduct Rs 2 trillion variable rate reverse repo auction to absorb surplus liquidity, with banking system surplus remaining above Rs 5 trillion

RBI norms may raise NBFC upper layer asset share to 70%, says CareEdge

RBI's proposed SBR framework changes may significantly expand NBFC upper layer coverage, boosting asset share to nearly 70 per cent and strengthening systemic oversight

India's liquidity surplus hides deeper funding stress in banking system

Despite a headline liquidity surplus, India's banking system faces tightening funding conditions, rising short-term rates, and persistent external pressures weighing on liquidity

PFC hits 52-week high, REC extends gains, up 5%; analyst sees more upside

Power Finance Corporation and REC stocks have surged over 22 per cent each, compared to a 9 per cent increase in the Nifty50 index

KV Ramana Murty takes charge; Sebi gets its fourth whole-time member

Murty had earlier served as a part-time member on Sebi's board as a government nominee

RBI liberalises branch rules for NBFCs, allows expansion without nod

RBI has eased branch expansion norms for NBFCs, allowing them to open branches without prior approval while retaining restrictions for weaker deposit-taking entities

Gold loan boom sees early stress; delinquencies rise with borrower leverage

Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for tighter regulatory oversight

Banking liquidity surplus stays over ₹5 trillion for fifth straight day

Surplus liquidity in the banking system remained above Rs 5 trillion for the fifth straight day, supported by government spending and bond redemptions

Ujjivan SFB shares tumble after RBI returns universal bank application

RBI has returned Ujjivan Small Finance Bank's application for universal bank conversion, citing the need for greater loan book diversification before reconsideration

Ambedkar Jayanti 2026: Are banks open or closed today? Check status

Central government offices are closed on April 14, 2026. Many banks across India will also remain shut, as Ambedkar Jayanti coincides with Tamil New Year and Vaisakhi

Non-finance private firms' PAT growth slowed to 31.6% in FY25: RBI

Profit growth of non-government non-financial private firms slowed in FY25, though profitability indicators improved, supported by strong performance in the services sector

RBI's rupee defence may backfire: Measures may hurt confidence, inflows

When the war broke out in late February 2026, the RBI, backed by foreign exchange reserves of nearly $730 billion, intervened aggressively

Safety mechanism: Digital payments need speed with security as fraud rises

The RBI's paper correctly identifies that the nature of fraud has changed. Most frauds today are authorised push payments, or APP frauds

RBI's Swaminathan flags AI risks in finance, warns against opaque systems

Swaminathan J warns bias, opacity, data misuse and cyber threats in AI systems could amplify systemic risks, even as technology offers gains in credit access and fraud detection

RBI rejects Ujjivan SFB's application for universal banking licence

Ujjivan Small Finance Bank on Monday said RBI has rejected its application to transition to a universal bank and advised it to reapply after demonstrating a diversified loan portfolio. In a regulatory filing, Ujjivan SFB said the Reserve Bank has taken note of the bank's recent efforts towards diversification of its loan portfolio. "However, they were of the view that there is scope for progress in this area. Therefore, RBI has returned the above-mentioned application and advised the bank to consider applying again after demonstrating a diversified loan portfolio," Ujjivan said. In February 2025, Ujjivan SFB had announced submitting an application for universal banking licence to the Reserve Bank of India (RBI). Shares of Ujjivan closed at Rs 60.34 apiece on the BSE.

RBI proposes 1-hour delay for digital transfers over ₹10,000 to curb frauds | UPI | IMPS

The Reserve Bank of India (RBI) RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring,

Crude oil outlook for FY27: What is RBI signalling? | RBI MPC Outcome | Oil prices | West Asia war

The Reserve Bank of India (RBI) has raised its crude oil price assumption to $85 per barrel for FY27. This is higher than the earlier assumption of USD 70 per barrel in H2FY26.

India vs global shocks: Why RBI Governor Sanjay Malhotra says 'we can manage'

RBI’s Monetary Policy Committee says risks from the US-Iran-Israel crisis are rising but India is better placed to handle them.

AI without safeguards can amplify weaknesses in finance sector: RBI DG

Adoption of artificial intelligence (AI) without safeguards can amplify existing weaknesses and create new problems in the financial sector, Reserve Bank Deputy Governor Swaminathan J has said. Delivering the CUB Shri V Narayanan Memorial Lecture at the SASTRA University, Thanjavur, he said artificial intelligence is beginning to reshape how financial institutions serve customers, process documents, assess credit, monitor risks, and strengthen oversight. "The speed of that change is remarkable. The real question before us is not whether finance will become more intelligent but whether it will remain fair, accountable, inclusive, and humane," he said in the lecture delivered on Saturday. AI-enabled systems can make customer interaction simpler, more intuitive, and responsive. It can also help improve credit delivery, he said. "Used responsibly, AI can supplement traditional methods by drawing insights from a wider set of patterns in transaction behaviour, repayment flows and busines