Page 3 - Rbi

Rupee edges higher on inflows, importer dollar demand caps gains

The rupee strengthened marginally on Thursday on modest inflows from a bond issue, but importer demand for dollars and foreign outflows kept gains limited ahead of the RBI's policy decision

RBI buy-sell swap auction draws bids over twice the notified amount

Three-year dollar-rupee swap draws $25 billion in bids against $10 billion on offer

RBI's $10 billion FX swap auction garners 2.5 times subscription

The central bank accepted 118 bids at the FX swap auction with the premium cut-off set at 7.48 rupees. A total of 317 bids worth $25.03 billion were received

Lenders ask RBI to relax liquidity rules amid growing loan demand

Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements

RBI likely to keep policy rates unchanged as trade deal reduces urgency

The Reserve Bank of India (RBI) has already cut rates by 125 basis points since last February, bringing the policy repo rate down to 5.25 per cent

Ex-SBI MD Vinay Tonse to succeed Prashant Kumar as Yes Bank MD & CEO

RBI has approved the appointment of former SBI managing director Vinay Tonse as Yes Bank's MD & CEO for three years, subject to shareholder approval

Pause and reflect: Why February may not be the time for rate cuts

With FY25-26 CPI inflation likely to average at 2.1 per cent Year-on-Year and FY26-27 CPI inflation to still average below the 4.0 per cent target, the question of 'space' is still easy to answer

Business Standard poll: Status quo on repo rate likely in RBI review

Some economists said that a pause is warranted at this juncture to assess the upcoming CPI and GDP data, which will be released in mid to late February 2026 using new base years

Rupee posts highest single-day gain in 7 years; up 1.38% to settle at 90.27

Rupee posts its biggest single-day gain in seven years as US tariff cut to 18 per cent boosts sentiment and triggers unwinding of speculative short positions

RBI to start 3-day deliberations on interest rate from Wednesday

The Reserve Bank's rate-setting panel will start its three-day brainstorming for the next bi-monthly monetary policy on Wednesday in the backdrop of growth-focused Union Budget, low inflation and more recently the long-awaited India-US trade deal ending prolonged uncertainty on the external front. Experts are of the view that the Reserve Bank of India (RBI) has already reduced the key short-term lending rate (repo) by 125 basis points since last February, and may go for status on rates as there are no pressing concerns on either growth or inflation. However, some are of the opinion that the central bank may go for one more rate to further borrowing cost. The decision of RBI Governor Sanjay Malhotra-headed six-member Monetary Policy Committee (MPC) will be announced on Friday. "The MPC looks likely to hold on to the repo rate and this could also be the end of the rate-cutting cycle," Madan Sabnavis, Chief Economist of Bank of Baroda, said. The reason is that the bond yields have ..

Paytm receives RBI compounding order, company to pay Rs 18.76 lakh

RBI has imposed a compounding fee of Rs 18.76 lakh on Paytm for FEMA violations linked to certain investments in its subsidiaries, the company said

RBI asks banks to stay open on March 31 to close FY26 govt accounts

RBI says banks handling government receipts and payments will remain open on March 31, 2026, to ensure all transactions are accounted for in FY26

Balance sheets show good capex rise in some companies: DEA secretary

On the SME fund, DEA Secy Anuradha Thakur says the ₹500-crore allocation signals commitment to a separate fund, clearly targeting SMEs distinctly from MSMEs

Govt's FY27 borrowing plan pushes up yields higher; rupee gains

The higher-than-expected borrowing could mean weekly gross supply at Rs 37,000 crore, up from Rs 31,000 crore, assuming 47 auctions during the year, Nomura said in a report

RBI shores up rupee after Budget underwhelms bond, equity investors

The rupee appeared on course to open near its all-time low of 91.9875 per dollar, but the RBI's intervention helped shore it up to 91.60, a gain of 0.4 per cent from its closing level on Friday

Budget 2026-27: Inside the fiscal consolidation numbers and open questions

The Budget has largely eschewed political populism, even as several states are to go for Assembly elections in the coming months

Union Budget 2026-27: Virtual retro tax overshadows many positives

On the taxation front, while details are awaited, one proposal stands out: Exempting global (non-India-sourced) income of a non-resident expert for five years in India

India expects record ₹3.16 trn dividend from RBI, state-run firms in FY27

The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3 per cent of gross domestic product

FinMin asks Nabard to study impact of RRB amalgamation during FY28

Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth

New CPI series expected to push India's headline inflation prints higher

India's new CPI series, with lower food weight and higher core components, may nudge headline inflation higher but is expected to improve policy predictability and ease RBI's targeting