Central bank rejects all bids at weekly auction, aiming to avoid signalling higher yields and support liquidity ahead of financial year-end
The Reserve Bank on Wednesday rejected all bids for treasury bills offered at auction, as investors demanded yields that were 0.05-0.10 percentage points higher than those seen in previous auctions amid tight liquidity conditions in the banking system, market participants said. The central bank did not accept any investor bids for 91-day, 182-day and 364-day T-bills. The RBI announced the auction of short-term government securities on February 21. "Tight liquidity in the banking system has prompted investors to bid 0.05-0.10 per cent higher cut-off yields at the auction, which the RBI rejected," said Balasubramanian R, head of treasury at Dhanlaxmi Bank. The Government of India issues treasury bills (T-bills) as money market instruments that function as promissory notes, guaranteeing repayment at a later date. Typically, banks, primary dealers, retail investors, and institutional investors participate in these auctions. Treasury bills are short-term borrowing instruments with ...
The non-bank lender's shares gained after RBI approved Abu Dhabi-based IHC's stake acquisition, marking one of the largest West Asia investments in India's financial sector
The likely intervention via state-run banks helped the currency hold above its record low of 93.98 per dollar to last quote at 93.96, down 0.1 per cent on the day
India’s digital payments system will see tighter security from April 1, 2026, with the Reserve Bank of India (RBI) making two-factor authentication (2FA) compulsory for all transactions.
The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer experience and strengthen the payments ecosystem, according to a senior central bank official. "We are also creating more and more DPIs. We are talking about the use of AI to create all those DPIs and APIs. Of course, AI and APIs are going to be the future of all these DPIs and for all your online activities," P Vasudevan, executive director of RBI, said while addressing at MPAI Merchant's Day 2026. He said the central bank is considering deploying artificial intelligence to enhance customer journeys and automate grievance handling as digital transaction volumes continue to increase. "For example, let us say I make a UPI transaction and I have an issue, the transaction doesn't get completed. It automatically picks up this as a grievance and tries to complete the journey. That's what UPI
RBI's draft norms on misselling aim to strengthen customer protection, but raise concerns over regulatory overreach and impact on banking sales models
The Reserve Bank of India (RBI) on Tuesday injected Rs 55,837 crore transient liquidity into the banking system through three-day variable rate repo (VRR) auction. The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a release. The liquidity injected was much lower than the notified amount of Rs 1 lakh crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments. Currently, liquidity in the banking system is estimated to be in surplus of about Rs 26,196.36 crore as on March 23. In the last few days, the central bank infused transient liquidity of Rs 2,08,208 crore into the banking system through VRR auctions of various tenures. Prior to this, the RBI infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.
Net FDI stood at negative $1.39 billion in January 2026 compared to negative $492 million in December 2025
The move is expected to bring down the cost of remittances and reduce checks on cross-border transactions
Sebi will review HDFC Bank board minutes after chairman Atanu Chakraborty's exit, with its chief cautioning independent directors against unsubstantiated remarks
RBI turned a net buyer of dollars in January 2026, purchasing $2.52 billion after eight months, even as forward market positions and currency metrics shifted
RBI report calls for close monitoring of West Asia conflict and proactive steps to limit spillovers, citing India's oil dependence and rising global volatility
Data from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), and the World Bank suggests that India is a global outlier in the relative size of our credit markets
Banking system liquidity slipped into deficit after two months due to tax and GST outflows, though experts expect a return to surplus in early April
Outward remittances under RBI's LRS declined 3.19 per cent to $2.68 billion in January 2026, with lower education and deposit outflows partly offset by rising overseas investments
NRI deposit inflows declined 25.86 per cent to $10.61 billion in April-January 2026, mainly due to a sharp fall in FCNR deposits, even as NRE and NRO inflows rose
The new framework, which is scheduled to come into effect on April 1, 2026, aims to strengthen regulatory oversight and promote responsible lending practices in the gold loan segment
Foreign exchange reserves fell to a two-month low of $709.76 billion as of March 13, the latest data shows
The conflict in West Asia and fresh trade investigations by the US have resulted in increased volatility in the global markets, the RBI bulletin said on Monday. India's foreign exchange reserves remain adequate to provide a cushion against external shocks, said an article on the state of the economy published in the bulletin. The second advance estimates of GDP for 2025-26 indicate sustained resilience of the Indian economy, it noted. "High-frequency indicators signal towards economic activity gaining momentum in February," the article said. It further said CPI headline inflation picked up in February on account of food and beverages. System liquidity has remained comfortable, and the total flow of financial resources to the commercial sector rose, with a rise in financing from both the bank and non-bank sources, it added. The central bank, however, said views expressed in the article are those of the authors and do not represent the views of the Reserve Bank of India.