Page 2 - Rbi

RBI proposes one-time nod for MFs, insurers to raise bank stakes

The central bank has proposed a one-time approval mechanism for mutual funds, insurers and pension funds to acquire major shareholding in banks, replacing repeated approvals

Setting the agenda: RBI directs bank boards to sharpen strategic focus

The revised framework, effective October 1, 2026, requires bank boards to define reserved matters, review delegated powers and devote greater attention to strategy and risk governance

Leverage advanced tech to reduce costs, RBI Governor Malhotra tells banks

Takes stock of FCNR (B) deposit mobilisation

India Inc's ECB, FCCB fundraising intent rises to $4.74 billion in May

Indian companies filed proposals to raise $4.74 billion through ECBs and FCCBs in May 2026 under the automatic route, with IRFC, NTPC and REC among key borrowers

Citi, others retract India rate hike calls as inflation may stay moderate

Cooling core inflation and a lower annual inflation outlook are prompting economists to scale back expectations of RBI rate hikes despite June's retail inflation uptick

India draws nearly $10 billion under RBI's deposit drive to support rupee

The RBI announced a zero-cost foreign-exchange swap facility at its June ​5 policy meeting for deposits raised from non-resident Indians, allowing banks to offer higher returns on such deposits

India asks state-owned banks to step up foreign currency deposits

The Centre has asked state-run banks to intensify efforts to mobilise NRI deposits as policymakers seek to strengthen foreign exchange reserves

India's retail inflation breaches RBI target to hit 4.38% in June

Fuel costs lift food prices; experts don't expect rate hike

Rupee hits 1-month low as West Asia tensions, oil prices weigh on sentiment

The rupee fell to a one-month low against the US dollar as rising crude oil prices and renewed tensions in West Asia weighed on sentiment, with RBI intervention limiting losses

FM asks banks to step up NRI outreach as FCNR(B) mobilisation gathers pace

Lenders report encouraging response from Singapore, HK, Gulf, UK, US; ECB inflows seen picking up in Q3 FY27

Identify recurring complaints: RBI DG Swaminathan to internal ombudsmen

RBI Deputy Governor Swaminathan J has urged internal ombudsmen to identify recurring complaints, conduct root-cause analysis and help strengthen grievance redress across regulated entities

Business beyond hugs and handshakes: Bank-fintech ties enter a new phase

The bank-fintech partnership is undergoing a structural shift as governance premium takes top billing

India's foreign exchange reserves rise by $7.26 billion to $674.19 billion

India's foreign exchange reserves increased by $7.26 billion in the latest reporting week, supported by a rise in foreign currency assets and gold reserves, RBI data showed

Bank credit growth hits two-year high of 18.6% in June-end fortnight

Deposits rise by nearly Rs 7 trillion in the fortnight, third highest in 29 years

India's forex kitty jumps $7.26 billion to $674.19 billion: RBI data

India's forex reserves jumped USD 7.26 billion to USD 674.193 billion during the week ended July 3, the Reserve Bank of India said on Friday. In the previous reporting week, the forex kitty had dropped by USD 5.654 billion to USD 666.933 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 July 3, foreign currency assets, a major component of the reserves, increased USD 4.51 billion to USD 545.578 billion, the central bank's data showed. Expressed in dollar terms, the foreign currency assets include effects

Banks priority sector lending models may need a rethink, says SBI report

With banks comfortably exceeding lending targets and PSLC trading surging, experts say the RBI may need to revisit the priority sector lending framework to better serve financial inclusion goals

RBI faces $100 billion unwinding challenge after record defence of rupee

With a spate of recent measures expected to attract foreign capital, the RBI has started trimming its massive short dollar forward position, a stock of commitments to sell the greenback at future date

Datanomics: Housing, gold loans drive household debt to a decade high

RBI has cautioned that global shocks, including the West Asia conflict, could weaken borrowers' repayment capacity despite stronger household credit profiles in FY26

NBFCs strengthen treasury teams after RBI opens term money market

NBFCs are hiring treasury specialists in money market operations and liquidity management as the RBI's proposal to widen access to the term money market reshapes funding strategies

Why India’s economy still depends on the monsoon | El Niño | Inflation

A single can influence vegetable prices, inflation, rural incomes, corporate earnings and even the RBI's interest-rate decisions. In this video,