Page 2 - Rbi

RBI gives compliance breather for small-merchant UPI transactions

The clarification follows industry representations seeking clarity on whether PA norms apply to P2PM transactions, which typically involve small merchants and low ticket sizes

Transition path for NBFCs to become universal banks may be in the offing

DFS to again meet on shadow banks next week

RBI workshop urges stronger governance and tech use to fight cyber frauds

At a two-day workshop with 60 banks, RBI called for stronger governance, better internal controls and greater tech adoption to counter rising cyber-enabled financial frauds

Axis Bank seeks RBI nod to retain maximum possible equity in subsidiary

The bank will look to dilute a minimal stake in the wholly owned NBFC now that norms on overlapping business have been relaxed by the central bank

RBI allows NUCFDC to privately place shares with over 200 subscribers

RBI has permitted NUCFDC to offer equity shares on a private placement basis to more than 200 persons annually, subject to policy, reporting and usage conditions

Manappuram CEO takes medical leave as Bain Capital gains nomination rights

Manappuram Finance CEO Deepak Reddy has gone on medical leave for up to 120 days, even as Bain Capital prepares to assume promoter status and secure rights to nominate key executives

SBI MF gets RBI's nod to acquire up to 9.99% stake in Bandhan Bank

The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday. Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25, 2026, accorded its approval to the fund house to acquire up to 9.99 per cent of the paid-up share capital or voting rights in the lender. The approval is subject to compliance with the provisions of the Banking Regulation Act, 1949, the Reserve Bank of India (Commercial Banks ' Acquisition and Holding of Shares or Voting Rights) Directions, 2025 dated November 28, 2025, as amended from time to time, the Foreign Exchange Management Act, 1999, and regulations issued by the Securities and Exchange Board of India, among other applicable statutes and guidelines, the bank said. The RBI has stipulated that if the applicant fails to acquire the major shareholding within one year from the date of its letter, the approval

Bank holidays in March 2026: Full list of March 2026 closures across states

As per the RBI holiday calendar, banks in India will observe a number of public and regional holidays in March 2026. These holidays differ from state to state and are not consistent nationwide

RBI's additional liquidity support to wind down after March: Bankers

India's banking system liquidity surplus has averaged around 1.1 per cent of deposits this month, inching past the 1 per cent threshold that the Reserve Bank of India indicated in December

Listed pvt non-financial firms see first double-digit sales growth in 3 yrs

RBI data shows listed private non-financial firms posted 10.1% growth in Q3FY26 - their first double-digit rise in nearly 3 yrs - driven by a rebound in manufacturing and stronger sectoral performance

Credit card spends dip slightly in January; issuances rise to 116.6 mn

Credit card spending eased to Rs 2 trillion in January after festive highs, though outstanding cards rose to 116.65 million as issuers recalibrated amid tighter norms and shifting customer profiles

Debt fundraising of Reits and Invits at record high, shows data

RBI proposes bank lending route as trusts raise record ₹37,742 crore in FY26

Inflation to stay benign as growth momentum strengthens: RBI's Poonam Gupta

RBI Deputy Governor Poonam Gupta says retail inflation should remain benign, while India's underlying growth trend has steadily accelerated over four decades amid resilient macro fundamentals

Every RBI fraud violation not open to court: HC on Anil Ambani case stay

The RBI's Master Directions aim to identify frauds and unscrupulous borrowers for timely action, and every violation of the same is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to classify industrialist Anil Ambani's accounts as fraud. A bench of Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad on Monday quashed a single bench order of December 2025, which stayed the action initiated by three public sector banks based on the Master Directions issued by the RBI to classify Ambani's and Reliance Communications Ltd's bank accounts as fraud. The court allowed appeals filed by the three public sector banks and the auditor firm BDO India LLP against the December 2025 interim order passed by a single bench of the HC. The division bench held the single bench order as "perverse and illegal" and in breach of natural justice and said it suffers from "procedural irregularity and impropriety". The court in its ...

RBI could rebuild reserves with dollar buys if rupee gains, says Citi

Although the RBI's reserves are at a record high, boosted by a historic rally in gold, it is carrying a $62 billion short forward book

New CPI series unlikely to reset inflation target framework: RBI guv

FY27 Q1-Q2 inflation forecast may be raised 20-30 bps, says MPC member Saugata Bhattacharya

RBI not revisiting lending norms for proprietary trading: Guv Malhotra

Earlier on Monday, Sebi chairman Pandey said the stock market regulator has received a representation from the industry on the issue

RBI, money creation, and govt finances: Why non-bank debt will matter ahead

Large transfers and bond buys by the Reserve Bank of India have supported fiscal maths and liquidity; sustaining this when inflation or capital flows shift may prove harder

New CPI series will reflect consumption patterns better: RBI Governor

Reserve Bank of India Governor Sanjay Malhotra on Monday said the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility. In both ways, it will help in better CPI estimation, he said at a media briefing, following the post-Budget meeting of the RBI Central Board of Directors with Finance Minister Nirmala Sitharaman here. Data released on February 12 showed retail inflation was 2.75 per cent in January, according to the new CPI series, which uses 2024 as the base year. The Ministry of Statistics and Programme Implementation released the new CPI series, which widens coverage and tracks prices of 358 items, sharply up from 299 items in the old series. Headline inflation in January, the first month based on the new series, was above the lower end of the RBI's tolerance band of 2-6 per cent, a first since June 2025. It averaged 2.2 per cent in 2025, according to both the new and old series. "If the whole methodol

RBI's new lending curbs on bank funding seen squeezing trading firms

The RBI's initiative, due to take effect from April 1, follows a series of steps taken by the government and market regulator to cool the explosive growth in the country's equity derivatives market