Page 16 - Rbi

RBI clears Emirates NBD's $3 billion acquisition of up to 74% in RBL Bank

RBI approves Emirates NBD's plan to acquire up to 74% stake in RBL Bank for $3 billion, granting key regulatory relaxations and paving the way for the largest foreign bank investment

RBI's rupee challenge: Policymakers should not be swayed by absolute levels

While the war is affecting macroeconomic dynamics in various ways, requiring intervention, economic management has become significantly complex for the Reserve Bank of India (RBI)

Indian banks' tighter liquidity may add to margin pressure: Report

Margin pressure for Indian banks could increase, as the Reserve Bank of India's (RBI) flexibility to inject local-currency liquidity into the banking system has narrowed amid efforts to contain rupee volatility, a report said on Thursday. However, banks' direct foreign-currency risks remain limited, Fitch Ratings said in a report. "Sector margins could decline by 20-30 bps below our current 3.1 per cent forecast for the financial year ending March 31, 2027 (FY27) if higher funding costs linked to Middle East tensions persist. This could reduce operating profit/risk-weighted assets (RWAs) - our core earnings metric - by around 30-40bps, from our 2.5 per cent forecast for FY27," it said. The base case assumed deposit costs would decline in FY27 as accommodative liquidity would enable further transmission of the RBI's 125 bps of policy rate cuts since December 2024; only 44 bps have been passed through to deposit rates as of January 2026, due to intensified competition for deposits wit

RBI allows residents to exchange rupee notes at airport forex counters

RBI permits residents to exchange rupee notes at forex counters in airport departure areas, extending a facility earlier largely limited to non-residents

Irdai seeks compliance check, action plan on dark patterns from insurers

Irdai asks insurers to assess compliance with dark pattern norms within 15 days and submit corrective action plans within a month for any non-compliance

Centre, RBI aligned on curbing currency speculation amid rupee fall

State-run banks should refrain from speculative positions in offshore markets when the rupee is under pressure, a person familiar with the matter said

RBI trading ban jolts India's $149 billion-a-day offshore rupee market

RBI has rolled out some of its toughest measures in more than a decade to curb speculation and support the currency, which has been setting successive record lows this year

RBI bars banks from offering NDF contracts to corporates to stabilise rupee

RBI restricts banks from offering NDF contracts to corporates to curb speculation and stabilise the rupee amid sharp currency volatility

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

RBI's short forward book hits $77 billion, highest since March 2025

Central bank's net short dollar position in forward market rises sharply in February, with long-term tenures driving the increase

Banks' supervisory data quality index inches up to 90.9 in December

RBI data shows sDQI for scheduled commercial banks rises to 90.9 in December 2025, with gains in accuracy and consistency but some decline in completeness and timeliness

Mahavir Jayanti 2026 holiday: Will banks and schools stay shut on Mar 31?

India will mark Mahavir Jayanti tomorrow, Mar 31. On this day, schools, banks and government offices will remain across several states. It is a gazetted public holiday

Best of BS Opinion: All eyes on RBI's policy meeting amid Iran conflict

From Sebi's governance gaps and inflation targeting to investor protection concerns, AI-led consumer insights, and evolving global discourse, today's BS Opinion offers sharp perspectives

Why RBI's forex cap direction has not worked to ease rupee pressure

Cap on banks' forex positions offers only short-lived relief as oil prices, capital outflows and structural imbalances continue to weigh on the rupee

Rupee slips past 95 per dollar; benchmark bond yield exceeds 7%

The rupee eventually settled at 94.81 per dollar on the final trading day of the 2025-26 financial year, little changed from Friday's close

RBI defers acquisition financing, capital market norms to July 1

Central bank extends deadline by three months after industry flags operational and interpretational issues; also clarifies rules on acquisition finance and capital market exposure

RBI holds 2 VRR auctions in a day amid strong demand for funds from banks

Central bank holds additional ₹50,000 crore VRR auction as banks face year-end liquidity pressures, with demand exceeding notified amounts due to balance sheet adjustments

RBI mandates 7-day timeline for ECB filings, revises late fee norms

Banks must submit certified ECB returns within seven days as RBI tightens compliance norms and revises late submission fee rules to streamline reporting

SBI Research backs RBI forex window for OMCs to ease rupee volatility

Report suggests ring-fencing OMCs' $75-80 billion annual forex demand via special RBI window to improve visibility, ease volatility and stabilise rupee dynamics

CoinDCX sets up ₹100 crore fund for customer education after arrest

Crypto exchange launches Digital Suraksha Network to boost fraud awareness, investor education and law enforcement support after co-founders' wrongful arrest