The draft requires commercial banks to adopt the basic approach for credit valuation adjustment while offering simpler treatment to those with smaller derivatives books
Sharp decline in Bajaj Finance shares also weighed on the BSE Financial Services pack, which lost 0.96 per cent in intraday deals.
An effective KYC programme can make banking easy for genuine customers
The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF
REC plans ₹7,000 crore issue on Friday; NABARD next week
The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards
The RBI's four-day VRRR auction attracted Rs 1.3 trillion in bids as it absorbed surplus liquidity, helping push overnight money market rates closer to the policy rate
With the RBI holding interest rates steady and equity markets facing uncertainty, fixed deposits offer investors a low-risk option to compare returns across bank tenures
Japanese lender MUFG has raised its estimate of inflows under the RBI's concessional forex measures to $87 billion, citing robust FCNR(B) deposit mobilisation
Regulator is standardising how loans are priced. Here's what it could mean for EMIs, transparency and future rate cuts.
RBI Governor Sanjay Malhotra has said the central bank will remain data-dependent, with resilient growth and contained inflation allowing it to keep policy unchanged despite higher oil prices
The Reserve Bank of India indicates Tata Sons continues to be an upper-layer NBFC under principle-based norms, while its application to surrender its CIC licence remains under consideration.
The RBI cited uncertainties around the monsoon, El Nino, geopolitics and global trade while opting to keep policy rates unchanged for a fourth meeting
The Reserve Bank of India will soon issue draft guidelines for on-tap licensing of urban co-operative banks, setting stringent eligibility norms for credit co-operative societies seeking conversion
Debt fund managers view the RBI's policy as supportive for bonds, but differ on duration strategy, with some favouring long-duration papers and others preferring shorter maturities.
The Reserve Bank of India has begun the tendering process for polymer substrates and aims to introduce polymer banknotes from FY28, subject to successful field trials and operational assessment.
RBI Deputy Governor Poonam Gupta says higher irrigation coverage, allied activities, mechanisation and better crop varieties have made the rural economy and agriculture more resilient.
Indian companies filed proposals to raise $6.08 billion through external commercial borrowings and foreign currency convertible bonds in June, led by Microsoft India and Power Grid.
The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF
RBI says CBDC and ULI adoption is accelerating as live transactions expand, with new use cases, more lenders and wider state participation driving growth