Page 25 - Rbi

RBI grants PhonePe final approval to operate as payment aggregator

Fintech major PhonePe has secured the Reserve Bank of India's final approval to act as an online payment aggregator, expanding its reach to enterprises and merchants nationwide

Sebi, RBI in talks to introduce corporate bond index derivatives

Sebi is in talks with RBI to roll out corporate bond index derivatives as part of efforts to expand India's debt market and boost retail and foreign investor participation

SMBC tops Yes Bank stake; RBI sets up review cell; PSB reforms ahead & more

The RBI has formed a Regulatory Review Cell to periodically review its regulations every five to seven years. Effective October 1, the cell will ensure a systematic internal review of norms for banks.

RBI pushes banks to slash retail charges, putting billions in fees at risk

In recent weeks, Reserve Bank of India officials have conveyed to banks that it wants a reduction in service charges, including those for debit cards, minimum balance violations and late payments

RBI asks states to spread borrowings across tenures as bond yields surge

In a meeting this week with state government officials, the RBI advised states to spread their borrowing across the yield curve

Banks bid ₹45,783 crore at RBI overnight VRR auction as liquidity dips

Banks bid nearly double the notified Rs 25,000 crore at RBI's overnight VRR auction as surplus liquidity fell to Rs 63,745 crore from Rs 1.89 trillion earlier this week

RBI sets up regulatory review cell to revisit rules every 5-7 years

RBI has established a regulatory review cell to assess norms every 5-7 years and formed an external advisory group of experts to channel industry feedback into the review process

RBI gets bids worth ₹585 crore against ₹75,000 crore at VRR auction

Banks showed weak participation in RBI's three-day VRR auction, with bids worth only Rs 585 crore against the notified Rs 75,000 crore, citing cheaper funds in the call market

SBI, private banks' ₹13,483 cr Yes Bank stake sale to be 'tax-free'

SMBC's 20% stake purchase marks Japan's biggest bank's entry into India and the largest cross-border deal in the country's financial sector

Exporters seek RBI relief amid US tariff, insurers seek GST input tax relief, Netbanking 2.0 & more

Banks and NBFCs are looking to raise funds overseas in the next two to three quarters, taking advantage of tighter dollar bond spreads after S&P upgraded India’s sovereign rating.

RBI buys 4.16-acres in Nariman Point from Mumbai Metro for Rs 3,472 cr

Central bank has purchased the parcel for self-use and commercial purposes, according to documents

RBI acquires prime Nariman Point land for ₹3,472 cr for new office complex

The deal price is approximately 50% higher than the prevailing market rate in Nariman Point,

BS poll: Food price rise may bump up August retail inflation rate

In August last year, the retail inflation rate stood at 3.65 per cent

India's outbound FDI down to $2.1 billion in August, shows RBI data

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans, and guarantees

From exporters to bond traders, RBI facing increasing calls to step in

It's a familiar pattern: when local or global forces threaten market equilibrium, the Reserve Bank of India is typically expected to step in

Market signals: A combination of factors has pushed up bond yields

Bond yields rise despite RBI rate cuts as fiscal risks, GST revenue loss, and global conditions fuel market anxiety, dimming hopes of easing borrowing costs

FPIs net sellers of G-secs under FAR in FY26, inflows return in Q2

FPIs sold Rs 17,262 crore of government securities under FAR in FY26 so far, but Q2 has seen a turnaround with Rs 14,540 crore in inflows as bond yield spreads widened

RBI cut US debt, boosted gold reserves even before Trump's tariffs

India's finance minister said last week the RBI was taking a "very considered decision" to diversify reserves - which currently stands at about $694 billion dollars, the fourth-biggest in the world

PSBs shut 1.5 mn inoperative Jan Dhan accounts in 1-time exercise in April

Launched in August 2014, PMJDY was launched by Prime Minister Narendra Modi as a financial inclusion programme to provide access to banking services to a vast unbanked population

Banks urge RBI to extend G-Sec issuances into March amid heavy supply

Urge state bond auction via uniform pricing; more of shorter tenure bonds in H2