Page 3 - Rbi

RBI keeps repo rate unchanged; New curbs on digital payment frauds; RBI proposes scrapping IFR

RBI holds repo rate steady The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25%, maintaining a neutral stance.

India's forex reserves jump $9 bn to $697.1 bn in week ended April 3

In the previous reporting week, overall forex reserves had dropped by $10.28 billion to $688.05 billion

RBI to push for reporting of offshore rupee trades despite resistance

The RBI wants lenders to start sharing data on at least 70% of such derivative transactions, starting February 2027

RBI's liquidity withdrawal move pushes up bond yields, swap rates

The Reserve Bank of India on Friday said it will conduct a variable rate reverse repo auction for ₹2 trillion ($21.58 billion), its first such operation in four months

Bond market softens as RBI to withdraw cash in first move this year

The 10-year benchmark yield rose as much 4 basis points to 7 per cent after the Reserve Bank of India announced plans to withdraw liquidity of up to ₹2 trillion ($21.6 billion)

Reserve Bank announces 7-day cash withdrawal to absorb surplus liquidity

RBI will conduct ‌a seven-day variable rate reverse repo auction for ₹2 trillion between 2 pm and 2:30 pm, and the reversal of these funds will take place on April 17

Biggest currency clampdown in a decade risks backfiring for India

Jefferies estimates banks could face losses of up to ₹5,000 crore ($539 million) from the forced unwinding

Banks exit bulk of rupee arbitrage positions ahead of RBI deadline

RBI imposed limits on banks on ‌March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10

RBI paper suggests 1-hour lag for digital payments over ₹10k to curb frauds

RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring, as fraud cases surge sharply

RBI speeds up cross-border inflows with faster customer credits

Banks need to put in place a straight-through process for crediting the inward payments to individual accounts

RBI allows NBFCs access to term money market; volumes likely to rise

Move expected to improve liquidity and price discovery, though borrowing costs may remain aligned with commercial paper rates due to credit profile differences

RBI proposes 1-hour delay for digital payments above ₹10,000 to curb fraud

Central bank suggests transaction delays, trusted-person authentication and stricter account controls as digital payment frauds surge in volume and value

Banking system liquidity improves to 4-yr high on back of Gsec maturities

Banking liquidity hits four-year high on G-sec maturities, with surplus nearing ₹5 trillion and call rates softening as RBI signals continued proactive support

RBI tightens timelines for inward remittances, mandates faster credit

Central bank asks banks to immediately inform customers and reconcile nostro accounts frequently to ensure quicker credit of cross-border inward payments

Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline

The measures were aimed specifically at curbing arbitrage trades between the onshore market and the non-deliverable forward (NDF) market, per bankers

India turns crises into opportunity, emerges stronger: Shaktikanta Das

India has consistently shown remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday. Addressing the AIMA National Leadership Conclave here, Das said, "Through each crisis, India has not merely survived. It has in fact emerged remarkably and measurably stronger". He noted that the global economy continues to face an "unsettled and charged environment" marked by geopolitical fragmentation, supply chain disruptions and uneven growth, with risks "decisively skewed to the downside". Against this backdrop, the former RBI governor highlighted India's strong economic performance, stating that real GDP growth stood at 7.6 per cent in FY26, with an average growth of 7.8 per cent over the past five years. "India's resilience does not alone explain the full story. India did not just endure the period of turbulence. It transformed through it,

RBI policy prudent, well-calibrated: Bankers welcome regulatory measures

Bankers termed the Reserve Bank's move to hold rates in its policy review on Wednesday as a prudent and well-calibrated measure. Sector-specific moves like the removal of the Investment Fluctuation Reserve requirement and easing of CRAR (capital and risk-adjusted ratio) computation were also welcomed by bankers. "The RBI's decision to maintain a status quo stance amid ongoing global uncertainties reflects a prudent and well-calibrated approach aligned with market expectations," CS Setty, who chairs the largest lender SBI and also industry grouping IBA, said in a statement. Setty said the regulatory moves will help strengthen banks' capital positions and help support credit growth on a sustained basis. Indian Overseas Bank's managing director and chief executive, Ajay Kumar Srivastava, said the status quo reflects a 'safety first' approach wherein the central bank is prioritising macroeconomic stability. "A cautious stance is warranted amid evolving global uncertainties, particular

RBI to introduce new framework for NBFC classification, says guv Malhotra

RBI plans to introduce a new framework to classify NBFCs into upper, middle and lower layers, replacing the current scale-based regulation system

RBI hold repo rate at 5.25%: What it means for your home loan

The RBI has kept the repo rate unchanged at 5.25% in its April 2026 policy. What does this mean for your home loan EMI, savings, and future borrowing costs?

Remittance slowdown unlikely despite West Asia conflict: RBI DG Gupta

RBI Deputy Governor says remittances to India likely to remain stable as demand for migrant workers may rise despite ongoing conflict in West Asia