Page 12 - Rbi

Datanomics: Corporation earnings may have depressed GDP growth

Even at seven per cent, the GDP growth rate in the first quarter would be a four-quarter low, though higher than 6.8 per cent in the year-ago period.

RBI receives ₹1.42 trillion bids against ₹2 trillion in overnight VRRR

Central bank will conduct a three-day VRRR auction on Friday to absorb ₹3 trillion from the banking system; surplus liquidity stood at ₹3.75 trillion on Wednesday

Bond traders expect RBI to drain surplus liquidity as rate hikes loom

India's banking-system liquidity surplus has averaged more than 3.4 trillion rupees ($36 billion) so far in August and is expected to expand further

RBI may tighten liquidity via iCRR before resorting to repo rate hike

The RBI may use an incremental CRR to absorb rising surplus liquidity before raising the repo rate, as core liquidity could approach ₹10 trillion in coming weeks

Commercial sector funding more than doubles to ₹10.65 trn in April-July

Non-food bank credit jumped to ₹6.69 trillion from ₹0.73 trillion a year earlier, while total outstanding credit from bank and non-bank sources rose 17.4 per cent by July-end

Banks, NBFCs to reset partnership terms with fintech firms

RBI's draft data governance norms and DPDP rules are pushing banks and NBFCs to reassess fintech partnerships, contracts and third-party data risks

Inclusive lending

Economists have shown that information asymmetry can produce adverse selection and that markets can lose good opportunities when one side does not have enough information about the other

RBI net buys $561 million in June amid foreign inflows: Monthly bulletin

The central bank turned a net dollar buyer for the first time since February, while its outstanding net short position in the forward market declined in June

₹2 trillion credit card spending a month becomes the new normal: RBI data

Average monthly credit card spends rose to Rs 2 trillion in January-July 2026 from Rs 1.93 trillion in 2025, while cards outstanding increased to 122.86 million

Monsoon revival 'partly mitigates' agri sector risks: RBI's August Bulletin

FDI flows revives in June: Robust Q1 eco momentum continued in July

Rupee leads Asian currencies; bond yields ease as crude slips below $90

The rupee settled 0.35 per cent higher at 95.41 per dollar as central bank intervention and falling crude prices lent support; benchmark bond yields also eased

Economy shows notable resilience despite global headwinds: RBI bulletin

The economy has demonstrated notable resilience to the ongoing global headwinds, characterised by buoyant domestic demand and rising manufacturing and services activity, the latest Reserve Bank bulletin said on Tuesday. An article in the August bulletin also said the recovery in southwest monsoon in July helped kharif crop sowing reach closer to normal acreage, partly mitigating some of the risks to the agriculture sector. However, the global economic outlook continues to be shaped by geopolitical frictions in West Asia and fresh tariffs by the US, said the article on 'State of the Economy'. "The momentum of Q1 2026-27 continued in July with most of the high-frequency indicators reflecting sustained manufacturing and services activity, and double-digit expansion in merchandise exports and imports," it said. The article further said while headline consumer price index (CPI) inflation edged up above the target, it was primarily on account of supply-side pressures. Stable core inflati

RBI proposal to curb NBFCs' revolving credit may choke MSME funding

Reserve Bank's proposal to bar NBFCs from providing revolving credit will disrupt legitimate working-capital finance used by small and medium enterprises, industry body FISME said on Tuesday, as it urged the central bank to reconsider the plan. The Federation of Indian Micro and Small and Medium Enterprises (FISME) has flagged concerns on the 'Draft Reserve Bank of India (Non-Banking Financial Companies Credit Facilities) Amendment Directions, 2026' issued earlier this month, saying a blanket ban on revolving credit by NBFCs may choke MSMEs' working capital. In the draft, the Reserve Bank of India (RBI) has proposed that "NBFC shall only offer credit products which are in nature of term loans and shall not offer any revolving credit products". The central bank has sought stakeholders' feedback on the draft till August 28, 2026. FISME said that NBFCs play a critical role in serving enterprises, geographies, sectors and ticket sizes that are often not adequately served by banks. It

We are well capitalised right now: Navi Finserv MD & CEO Abhishek Dwivedi

'Our target group has been young middle class. Over the years, we have graduated to a slightly higher ticket size doing about Rs 1.5 lakh in average ticket size in unsecured credit or personal loans;

SBI flags 'chalk and cheese' divide in RBI's monetary policy signals

SBI Research says the MPC minutes carried a more hawkish tone than the RBI governor's remarks, leaving markets uncertain about the future course of interest rates

Govt appoints Mathew, Sinha, Akbaruddin as part-time RBI board directors

Annie George Mathew, Janmejaya Sinha and Syed Akbaruddin have been appointed part-time, non-official directors on the RBI's central board for four-year terms

RBI absorbs ₹1.41 trn surplus liquidity via VRRR, announces fresh auction

The central bank absorbed ₹1.41 trillion through seven-day and overnight VRRR auctions at 5.24 per cent, and announced a ₹1.75 trillion two-day auction for Tuesday

Govt appoints ex-diplomat Akbaruddin, two others to RBI central board

The central government has appointed former diplomat Syed Akbaruddin, ex-bureaucrat Annie George Mathew, and consultancy BCG India Chairman Janmejaya Kumar Sinha to RBI central board. They have been appointed as part-time, Non-official Directors on the Central Board of Reserve Bank of India for four years with effect from August 24 or until further orders, whichever is earlier, the central bank said in a release on Monday. Last week, the government had re-appointed industrialist Anand Gopal Mahindra as part-time, Non-official Director on the board. Former ISRO Chairman Somanath Sreedhara Panicker was also appointed on the board last week. Other members of the board include Revathy Iyer, a retired officer from the Indian Audit & Accounts Service, who went on to become the Deputy Comptroller and Auditor General, Government Accounts, and Sachin Chaturvedi, Director General of think tank Research and Information System for Developing Countries (RIS). Governor Sanjay Malhotra, deputy .

Strong inflows via RBI's swap schemes lift reserves, fail to boost rupee

As RBI largely maintains hands-off approach to intervention

Time to evaluate AI's risks to institutions amid growing strategic concerns

Frontier AI is emerging as a systemic operational and geopolitical risk, underscoring the need for India to build stronger AI evaluation, oversight and resilience frameworks