Page 2 - Rbi

Explained: Why is India facing a shortage of small denomination notes? | Business news

From auto fares to kirana shops, everyday cash payments are getting harder. RBI employees’ union has warned of a nationwide shortage of small denomination notes, especially in rural and semi-urban

RBI likely made $30 bn intervention in FX market in Jun-Oct period

India's foreign exchange reserves stood at $703 billion in June 2025 but declined to $687.2 billion in the week ended December 5, as per the latest data released by the RBI

RBI's OMO auction sees strong demand, but experts say job still half done

Net liquidity fell into deficit after seven weeks; net liquidity in the banking system was in a deficit of ₹68,586 crore on Wednesday

Rupee snaps 5-day losing streak; logs sharpest recovery in over 7 months

The rupee rose 0.73% to 90.37 per dollar, snapping a five-session fall, as dealers cited likely RBI dollar sales to curb volatility after the currency hit fresh lows

RBI Guv Malhotra signals rates to stay low for 'long period': Report

The Reserve Bank of India's (RBI) projections suggested rates "should remain low for a long period of time, governor said

RBI intervenes aggressively as rupee rebounds after hitting record lows

The rupee rallied 0.7% to 90.25 in early trading after opening a tad lower on the day at 91.07

Rupee slides past 91 to the dollar, triggers talk of RBI stepping in: What to expect?

The Indian rupee has hit a fresh record low, crossing 91 against the US dollar for the first time. With the currency weakening steadily despite gains in other Asian currencies

Best of BS Opinion: New rural jobs law will bring significant changes

Today's wrap looks at the new rural jobs law, the push to open civil nuclear power to private investors, a US strategic reset, RBI's views on bank ownership, and a book on American power

RBI swap auction sees strong demand; bids twice the notified amount

The first leg of the swap will be settled on Thursday, when the RBI will inject rupee liquidity into the banking system. The transaction will be reversed after three years

India needs Indian banks: Why domestic lenders matter most for growth

RBI's bank ownership policy has shifted towards regulated institutional investors, but over-reliance on foreign capital risks limiting India's credit growth and domestic banking depth

RBI gives nod to HDFC Bank's arms to acquire up to 9.5% in IndusInd Bank

The RBI approval to HDFC Bank to increase its stake in IndusInd Bank through its group entities is valid for a year, that is, till December 14, 2026

RBI's $5 bn FX swap oversubscribed nearly twofold, draws over $10 bn

The RBI cut rates by 25 basis points earlier this month, and has cut them by a total of 125 basis points this year

Rupee's relentless slide fuelling talk of RBI intervention, say bankers

Dominance of flows has dulled the rupee's sensitivity to daily swings in its Asian peers, allowing the downside momentum to build and raising expectations of depreciation and speculative activity

NCAER appoints Suresh Goyal as director general, to take charge on Jan 5

Goyal will assume charge on January 5, 2026, succeeding Poonam Gupta, who vacated the position after being appointed deputy governor of the Reserve Bank of India

RBI doubles 10-day VRR amount to ₹1.5 trn due to expected tax outflows

Market participants said the decision to double the VRR amount was due to outflows due to advance tax and goods and services tax (GST) collections, expected to be Rs 2 trillion

Best of BS Opinion: China must find political will to rebalance economy

Today's opinion pieces offer a sharp mix of macro and culture: China's demand shortfall, Prada's Kolhapuri move, the rupee's policy trilemma, why RBI needs better data, and a candid chess memoir.

Rate cut amid strong growth signals that monetary policy needs good data

For the RBI, it makes its job very difficult. To target inflation effectively, the RBI must set interest rates based on its inflation outlook

India needs a serious debate on monetary policy and the impossible trinity

The report concluded that although international policy consensus was shifting towards multiple-target, multiple-instrument frameworks, India should first focus on reducing the then high inflation

Rupee hits record low for third straight session on US-India deal jitters

The RBI's three-year dollar-rupee buy/sell swap auction, which is scheduled for Tuesday, is now in focus

Edtech firm Aakash seeks RBI clarity on funding used in rights issue

Edtech firm Aakash had approached National Company Law Tribunal (NCLT) in the interest of all stakeholders, as it was unable to utilise the funds received from TLPL