Page 13 - Rbi

RBI relief to NBFCs likely to spur participation in equity markets

New norms, effective from July, exempt smaller NBFCs from registration need

Emirates NBD gets approvals for majority stake acquisition in RBL Bank

Emirates NBD has secured all approvals for its proposed majority stake acquisition in RBL Bank, marking one of India's largest cross-border banking deals

RBI announces seven-day VRR auction worth ₹1 trillion next week

The Reserve Bank of India will conduct a seven-day variable rate repo auction worth Rs 1 trillion to manage evolving liquidity conditions in the banking system

RBI raises trading targets for dealers to improve bond market liquidity

The move underscores the RBI's push to deepen liquidity in sovereign debt, a priority that Governor Sanjay Malhotra highlighted this month

Regulators, officials keep close watch on heightened geopolitical frictions

Says, it will keep a close watch on the emerging situation

Banks back RBI's proposed 1-hour lag for digital payments above ₹10K

But they seek increase in threshold to ₹25,000; payment industry flags operational issues

India Inc's ECB, FCCB intent rose to $5.43 bn in March, highest in FY26

Indian firms filed proposals to raise $5.43 billion through ECBs and FCCBs in March, the highest monthly amount in FY26

Reserve Bank of India cancels registration of 7 NBFCs, including 2 CICs

Central bank revokes certificates of registration after business exits, merger-related changes and CIC classification adjustments

Govt considers reducing taxes on bond investments by foreign investors

Deliberations to ease the tax burden have gathered pace as authorities try to curb the rupee's depreciation

MPC to look through West Asia shock if it's transitory: RBI Governor

Coordination with fiscal policy becomes critical amid 'supply shock as bad as it is', says Malhotra

India Inc's boardrooms have failed spectacularly at corporate governance

Crash-landings such as the one by Kingfisher Airlines could be ascribed to ill-judged government policy

RBI relaxes approval norms for banks' outward remittance tie-ups

Authorised Dealer banks can now partner with digital remittance platforms without prior RBI approval, subject to compliance safeguards

RBI eases rules for outward remittances; drops prior approval for non-banks

The Reserve Bank on Wednesday removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India. The central bank has issued an operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (Category I) banks in India. "On a review, it has been decided to dispense with the process of granting of the approvals by the RBI for such tie-ups and instead Authorised Dealers are advised to comply with instructions...while facilitating cross-border outward remittance of funds for non-trade current account transactions using a third-party entity in online mode...," the central bank said. Online mode includes a website, online platform, software application, and mobile application. According to a 2016 direction, non-bank entities had to obtain specific approval from the Reserve Bank for tie-up arrangements to facilitate outward remittance services throug

RBI announces switch auction for Rs 30,000 crore government bonds

RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds

Fuel prices may rise if West Asia war drags on: RBI Guv Sanjay Malhotra

His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves

RBI's 3-day VRR auction receives muted demand amid surplus liquidity

Banks bid far below the notified amount at the RBI's short-term repo auction as surplus liquidity reduced the need for additional funds

RBI cancels licence of Sarvodaya Co-operative Bank over weak finances

The central bank cited inadequate capital, weak earnings prospects, and regulatory non-compliance while directing the Maharashtra registrar to initiate winding-up proceedings

RBI to conduct three-day VRR auction on Tuesday, aims to infuse ₹50K crore

The Reserve Bank of India will conduct a Rs 50,000 crore VRR auction after overnight call rates moved above the policy repo rate amid evolving liquidity conditions

Prosperity is both India's ambition and destiny: RBI dy governor Gupta

RBI Deputy Governor Poonam Gupta says India has entered a virtuous cycle of growth and stability, with many states likely to approach high-income levels by 2047

RBI should dial back rupee intervention, says former Guv Subbarao

Subbarao said raising interest rates, the "ultimate" exchange rate defence, should be the last resort, as the markets could read it as a sign the conflict poses a bigger threat to India's economy