The Centre has extended the tenure of RBI Deputy Governor Swaminathan J. by two years from June 26, 2026, following his first term at the central bank
Higher investment limits for NRIs, OCIs and other overseas individuals are expected to broaden the investor base, improve liquidity and support foreign inflows
RBI has recognised Sahamati Foundation as the SRO for the Account Aggregator ecosystem, strengthening governance and trust in open finance
RBI proposes new rules linking bulk deposit rates to liquidity norms and tighter disclosures, aiming to improve transparency in bank deposit pricing
Real estate developers and consultants said RBI's decision to keep rates unchanged will support housing demand, project execution and investor confidence despite rising cost pressures
India's forex reserve jumped by USD 938 million to USD 682.321 billion during the week ended May 28, the Reserve Bank said on Friday. In the previous reporting week, the kitty dropped USD 7.511 billion to USD 681.384 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year before the onset of the Middle East conflict which led to several weeks of a drop as the rupee came under pressure and the RBI had to intervene in the forex market through dollar sales. Prime Minister Narendra Modi has also made multiple public appeals starting May 11 to countrymen to conserve forex by cutting down on foreign travel, limiting fuel use and refraining from gold buys for a year. For the week ended May 29, foreign currency assets, a major component of the reserves, increased USD 3.116 billion to USD 546.148 billion, the central bank's data showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or ..
ATM operators and manufacturers are urging banks to activate cash-recycler interoperability, saying it can improve efficiency and help reduce mounting cash logistics and operating costs
RBI Governor Sanjay Malhotra says banks must remain transparent on deposit rates and cannot offer differential rates beyond categories permitted by the regulator
Macro Matters Ep 2: What do Indians expect from institutions now? | CBSE | Delhi Gymkhana Club
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank has decided to keep the repo rate unchanged at 5.25 per cent and retain its 'neutral' monetary policy stance
Repo rate pause keeps home loan EMIs steady as RBI balances inflation risks and growth concerns amid global uncertainty
The Reserve Bank of India held the repo rate at 5.25 per cent for a third straight review, raising its inflation forecast while warning of risks from the prolonged West Asia conflict
With the rupee nearing the psychologically important 100-per-dollar mark, RBI Guv Malhotra and PM Modi may need to raise interest rates and offer targeted tax incentives to stem capital outflows
Safety must match digital scale in banking to maintain trust
ATM loading may be hit, affecting DBT beneficiaries
Walmart-owned online fashion retailer paid Rs 2.88 lakh to settle alleged contraventions related to overseas investment reporting and commitments
ICRA says states increased use of the RBI's Special Drawing Facility in FY26, while reliance on Ways and Means Advances and overdraft facilities fell to five-year lows
One proposal involves moving Reliance's cash holdings from liquid mutual funds into short-dated money market instruments, people aware of the conglomerate's thinking said
While a majority of economists expect the central bank to keep rates unchanged, some market indicators like overnight indexed swaps are already pricing in a rate hike
Inflation pressures triggered by an energy price shock means the RBI will likely adopt a hawkish stance and prepare markets for potential rate hikes later this year, economists have said