Page 27 - Rbi

West Asia war: 10-year bond yield eases 9 bps; rupee strengthens vs dollar

Benchmark 10-year yield falls as crude prices ease on ceasefire reports; rupee gains on dollar sales but trims early rise amid importer demand and geopolitical caution

India's misunderstood shock: Lessons from the pandemic on what not to do

With the Reserve Bank of India's first policy meeting since the ongoing energy shock underway, the obvious question is whether rate hikes are coming

RBI proposes new BC structure and branch norms in draft guidelines

RBI's draft norms revamp BC structure, tighten branch rules, and aim to expand banking access while strengthening governance and consumer protection

RBI retains credit default swap cap at 5%, sets ₹3.3 trn limit for FY27

Central bank keeps CDS cap unchanged and raises FPI debt limits in line with expanding securities stock, while aligning VRR investments with general route norms

RBI cancels Shirpur Merchants' Co-op Bank licence over poor finances

The RBI on Monday said it has cancelled the licence of The Shirpur Merchants' Co-operative Bank as the lender does not have adequate capital and earning prospects. Consequently, the bank ceases to carry on banking business, with effect from the close of business on April 6, 2026, the Reserve Bank said in a statement. The Commissioner for Cooperation, Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator. On liquidation, every depositor would be entitled to receive deposit insurance claim amount of his/her deposits up to Rs 5 lakh from Deposit Insurance and Credit Guarantee Corporation (DICGC). The RBI said that as per the data submitted by the co-operative bank, about 99.7 per cent of the depositors are entitled to receive full amount of their deposits from DICGC. As on January 31, 2026, DICGC has already paid Rs 48.95 crore of the total insured deposits based on the willingness received from the

RBI MPC begins policy meet amid West Asia crisis; decision on Wednesday

The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The RBI has cut rates by a total of 125 basis points since February 2025, marking its most aggressive easing cycle since 2019. It last reduced the rate by 25 basis points in December and maintained status in its last meeting in February. According to experts, the MPC members will take into account the continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement hitting the value of the domestic currency. They noted that while retail inflation has moved closer to the RBI's medium-term target of 4 per cent, the

Rupee set to rise on spillover of RBI curbs; oil, outflows temper sentiment

The rupee is likely to ‌open in the 92.80-92.90 range versus the US dollar, having settled at 93.10 on Thursday

Payments industry must target beyond growth as RBI shifts focus to risk

As RBI pivots to risk and resilience, India's payments sector is evolving from a high-growth story to one driven by governance, trust and global integration

Economists see RBI MPC holding rates amid inflation fears, West Asia crisis

The Reserve Bank is likely to keep the benchmark policy repo rate unchanged at 5.25 per cent in the April monetary policy review meeting, as the West Asia crisis is likely to push up inflation, according to economists. The continuing geopolitical tensions in West Asia, volatility in commodity prices and sharp currency movement that have seen the rupee hit record lows have complicated the policy outlook, and its projections on growth, inflation and also the stance of policy will be keenly watched, the poll of over a dozen economists said. "Given the uncertainty around crude oil prices and geopolitical developments, the RBI is likely to remain on pause in the April policy and closely monitor incoming inflation data before taking any further action," said Aditi Nayar, Chief Economist at ICRA. SBI's chief economist Soumya Kanti Ghosh said while announcing the pause, the RBI will be careful in communicating its decision. "India is not unscathed from the current crisis and is feeling the

Rising yields, inflation to keep FY27 corporate bond issuances subdued

Corporate bond issuances likely to remain subdued in FY27 as elevated yields, inflation risks and liquidity conditions weigh on fundraising activity and investor appetite

RBI pilot to boost SDL liquidity; impact on yields likely to be gradual

RBI's Benchmark Issuance Strategy seeks to improve liquidity, transparency and price discovery in SDL market, though impact on borrowing costs may take time

Rupee’s worst fall in 12 years, RBI curbs NDF trades, MSME moratorium push, RBL deal & more

RBI bars NDF trades with corporates The RBI has barred banks from offering rupee NDF contracts to corporate clients to curb speculation and stabilise the currency.

India's forex reserves drop $10.28 bn to $688.05 bn in week ended March 27

In the previous reporting week, the overall reserves had dropped $11.413 billion to $698.346 billion

RBI's measures can delay the slide, but may not steady the rupee at 93

RBI faces a tough trade-off between defending Rupee and supporting growth, as oil shocks and global pressures make balancing exchange rate stability and domestic interest rates increasingly untenable

RBI retains bond structure, upgrades operations for savings bonds

Reserve Bank of India keeps bond structure intact but tightens rules with digital access, investor safeguards and stricter compliance norms

Large state run banks see healthy loan growth in FY26, beat deposits

State-owned banks PNB and Central Bank of India report strong double-digit credit growth in FY26, with advances rising faster than deposits across lenders

RBI clears Emirates NBD's $3 billion acquisition of up to 74% in RBL Bank

RBI approves Emirates NBD's plan to acquire up to 74% stake in RBL Bank for $3 billion, granting key regulatory relaxations and paving the way for the largest foreign bank investment

RBI's rupee challenge: Policymakers should not be swayed by absolute levels

While the war is affecting macroeconomic dynamics in various ways, requiring intervention, economic management has become significantly complex for the Reserve Bank of India (RBI)

Indian banks' tighter liquidity may add to margin pressure: Report

Margin pressure for Indian banks could increase, as the Reserve Bank of India's (RBI) flexibility to inject local-currency liquidity into the banking system has narrowed amid efforts to contain rupee volatility, a report said on Thursday. However, banks' direct foreign-currency risks remain limited, Fitch Ratings said in a report. "Sector margins could decline by 20-30 bps below our current 3.1 per cent forecast for the financial year ending March 31, 2027 (FY27) if higher funding costs linked to Middle East tensions persist. This could reduce operating profit/risk-weighted assets (RWAs) - our core earnings metric - by around 30-40bps, from our 2.5 per cent forecast for FY27," it said. The base case assumed deposit costs would decline in FY27 as accommodative liquidity would enable further transmission of the RBI's 125 bps of policy rate cuts since December 2024; only 44 bps have been passed through to deposit rates as of January 2026, due to intensified competition for deposits wit

RBI allows residents to exchange rupee notes at airport forex counters

RBI permits residents to exchange rupee notes at forex counters in airport departure areas, extending a facility earlier largely limited to non-residents