Page 3 - Rbi
RBI's penalties on regulated entities at 5-year low of ₹26.33 crore in FY26
RBI's penalties on regulated entities fell to a five-year low of ₹26.33 crore in FY26, with enforcement action taken against 241 entities
 "RBI's penalties on regulated entities at 5-year low of ₹26.33 crore in FY26")
Bank credit growth remains strong at 16.2% despite global uncertainties
Bank lending continued to outpace deposit growth in the fortnight ended May 15, with strong traction in NBFC, retail and industrial credit segments
 "Bank credit growth remains strong at 16.2% despite global uncertainties")
India's foreign exchange reserves fall by $7.5 bn to $681.4 bn: RBI
India's forex reserves fell sharply as RBI interventions and declining gold and foreign currency assets weighed on the overall kitty
 "India's foreign exchange reserves fall by $7.5 bn to $681.4 bn: RBI")
RBI to hold rates in June; majority now expect hike by year-end: Poll
Nearly 80 per cent of economists, 44 of 56, in the May 22-29 Reuters poll expected the Monetary Policy Committee to keep the repo rate unchanged at 5.25 per cent on June 5
 "RBI to hold rates in June; majority now expect hike by year-end: Poll")
India may soon get plastic money: RBI revives decade-old plan | Banknotes
The RBI is reportedly reviving its plan to introduce polymer banknotes that last longer, resist damage, and reduce replacement costs.
 "India may soon get plastic money: RBI revives decade-old plan | Banknotes")
HDFC Bank denies inappropriate payments allegation, shares fall
HDFC Bank rejected allegations of inappropriate payments to a Maharashtra government agency as its shares declined amid renewed scrutiny over governance concerns
 "HDFC Bank denies inappropriate payments allegation, shares fall")
Did you get an RBI lottery or inheritance email? It's a scam, warns PIB
Fake RBI Emails Asking for 'Crediting Fee' Are Phishing Scams, Says Government
 "Did you get an RBI lottery or inheritance email? It's a scam, warns PIB")
MobiKwik gets RBI nod for offline payment aggregator licence expansion
The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence
 "MobiKwik gets RBI nod for offline payment aggregator licence expansion")
ICICI Bank's shares jump 2% after RBI okays Sandeep Bakhshi's reappointment
ICICI Bank shares gained after RBI approved the reappointment of Sandeep Bakhshi as MD & CEO for another two years starting October 2026
 "ICICI Bank's shares jump 2% after RBI okays Sandeep Bakhshi's reappointment")
RBI, credit-rating firms assess West Asia conflict risks on India Inc
The consultations were aimed at evaluating conditions on the ground so authorities would not be caught off guard if the conflict deepens
 "RBI, credit-rating firms assess West Asia conflict risks on India Inc")
A wrong tool for the rupee and serious side effects on growth prospects
A stable rupee also lowers the currency-risk premium FPIs demand, reducing both required returns and inflation risk
 "A wrong tool for the rupee and serious side effects on growth prospects")
Credit card spends rise 7% to ₹1.97 trillion in April 2026: RBI data
Credit card spends rose 7.06 per cent year-on-year in April 2026, driven by growth in PoS and e-commerce transactions, according to RBI data
 "Credit card spends rise 7% to ₹1.97 trillion in April 2026: RBI data")
RBI forms panel to study quantum technology risks in finance sector
RBI has constituted an expert committee to assess risks and opportunities linked to quantum technology and recommend a roadmap for a quantum-secure financial ecosystem
Not a BoP but a growing price adjustment problem for India's economy
The first of a two-part series explores the underlying causes of India's balance of payments issue, and offers some solutions
 "Not a BoP but a growing price adjustment problem for India's economy")
RBI sets 3-year cooling-off for co-op bank directors after 10 years
RBI has mandated a three-year cooling-off period for directors of urban co-operative banks after 10 continuous years on the board
Should you buy bonds? Axis MF sees near-term rally if RBI avoids tightening
Axis MF advises bond investors to gradually add Duration as RBI may avoid aggressive rate hikes despite oil risks and inflation concerns
 "Should you buy bonds? Axis MF sees near-term rally if RBI avoids tightening")
RBI will do 'whatever is required' to ensure orderly forex market: Guv
Malhotra said the rupee currently appears undervalued following a sharp depreciation of around 6 per cent since the West Asia war erupted on February 28
 "RBI will do 'whatever is required' to ensure orderly forex market: Guv")
Federal Bank appoints Elias George as part-time chairman after RBI nod
The Reserve Bank of India has approved the appointment of former IAS officer Elias George as Federal Bank's part-time chairman for three years
 "Federal Bank appoints Elias George as part-time chairman after RBI nod")
Revenue channels: RBI's surplus transfer will not ease fiscal pressure
The crisis in West Asia and the resultant surge in prices of crude oil have significantly complicated the overall Budget arithmetic
Rupee ends roller-coaster week with gains; forex kitty shrinks $8 bn
Rupee rebounds sharply over the last two sessions amid aggressive RBI intervention and easing crude oil prices, while forex reserves decline by $8 billion
 "Rupee ends roller-coaster week with gains; forex kitty shrinks $8 bn")