The RBI has proposed expanding reporting norms to require AD Cat-I banks to disclose all offshore related-party rupee FX derivative contracts to CCIL, with phased compliance thresholds over 24 months
RBI Governor Sanjay Malhotra said enhancing timely and adequate formal credit access for MSMEs is a top priority, urging firms to formalise, maintain credit discipline and adopt digital payments
Despite easing after the policy review, government bond yields are expected to stay elevated in Q4 as supply pressure persists, debt switches offer limited relief and liquidity support appears unlikel
Brokerages are planning to approach the RBI to review revised capital market exposure norms, which they say could hurt proprietary trading, raise MTF funding costs and weigh on market liquidity
The RBI has declared the notification for the recruitment of Assistant - Panel Year 2025 on its official website rbi.org.in. The deadline to apply online for RBI Assistant positions is Mar 8, 2026
In-Solutions Global Ltd (ISG) on Monday announced that it has received regulatory authorisation from the Reserve Bank of India (RBI) across all three Payment Aggregator categories - online, physical or offline and cross-border. The approval was granted under the latest RBI Master Directions for 2025-26. With these approvals, ISG joins a select group of non-bank ecosystem players enabled to support merchant payments across domestic and international channels through a unified and fully compliant framework, the company said in a statement. Together, the three licences allow ISG to offer enterprises, banks, marketplaces and digital platforms a single payment aggregation stack capable of managing online transactions, in-person payments and cross-border import-export flows within a unified onboarding and settlement environment. Adelia Castelino, Co-founder and Managing Director, ISG said, "As India's digital commerce and cross-border trade accelerate, merchants and financial institution
Rising CD yields and lower perceived risk draw investors away from CPs as banks ramp up short-term borrowings amid deposit tightness
All credit facilities to securities firms will have to be backed by collateral, while lending for trading on their own account or investments by brokers will be prohibited
Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition up to 41.66 per cent of the company's paid-up equity capital / convertible instruments by affiliates of Bain Capital-- BC Asia Investments XXV Ltd and BC Asia Investments XIV Ltd. The RBI approval, communicated on February 13, 2026, is in connection with the definitive agreements executed on March 20, 2025, under which Bain Capital committed to invest approximately Rs 4,385 crore to acquire an 18 per cent stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of Rs 236 per share, Manappuram Finance said in a statement. The transaction also triggers a mandatory open offer for the purchase of an additional 26 per cent stake from public shareholders at Rs 236 per share, in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it said. With this ...
Bank credit rises 14.6% year-on-year in fortnight ended January 31, while deposit growth remains firm at 12.5%, RBI data show
Indian unit settles at 90.64 per dollar as RBI intervenes via dollar sales; forex reserves drop $6.7 billion in week ended February 6 on decline in gold holdings
Prioritise opening CBS-enabled branches in tier-5 centres
Caps funding at 75% of acquisition value
The Reserve Bank of India (RBI) on Friday imposed monetary penalties on Bank of Maharashtra, DCB Bank and CSB Bank for non-compliance with directions. The central bank imposed Rs 32.50 lakh fine on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on CSB Bank, RBI said in a release. The RBI also penalised Navi Finserv with Rs 3.80 lakh, and slapped a Rs 5.30 lakh fine on IIFL Finance, the release added. The monetary penalty on the Bank of Maharashtra was imposed, as the lender did not report Self Help Group member-level data to credit information companies and did not identify beneficial owners in certain accounts. CSB Bank was penalised as it entered into an arrangement with business correspondents for undertaking activities outside the scope of activities that can be undertaken by them, and levying charges in certain savings bank accounts without ensuring that customers were made aware of such charges upfront, the RBI said. In the case of DCB Bank, the RBI found
AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, on Friday announced RBI's nod for the reappointment of Sanjay Agarwal as its Managing Director & Chief Executive Officer. The reappointment for a further period of 3 years is effective April 19, 2026, the bank said in a statement. This follows earlier approvals from the Board on October 17, 2025, and shareholders on December 26, 2025, subject to RBI's confirmation, it said. Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank, it said. Since then, each of his terms -including the ongoing one from April 19, 2023 to April 18, 2026, has been approved by RBI, it said. This latest approval marks his third consecutive RBI-sanctioned term post conversion, underscoring long-term stability, strong ...
Last week, Nomura had assigned a 65 per cent probability that the Reserve Bank of India would cut its policy rate by 25 basis points to 5 per cent
Next step may be a rate increase as and when the inflation rate grows
At 2.75%, January price rise well below RBI's target of 4%
RBI's draft rules on bundling and consent could dent credit life insurance and bancassurance income, though insurers say overall impact will be limited
Draft KCC norms seek to include tech innovation costs in farm loans and waive collateral for agricultural credit up to Rs 2 lakh per borrower