Page 35 - Rbi

Banking system liquidity surplus tops ₹4 trillion; strong VRRR demand

Liquidity jumps on government spending and surplus transfer; RBI gets ₹1.7 tn bids at 7-day VRRR, with cut-off at 5.47%; experts see preference for shorter operations

NBFC's micro loan stress increases in FY25, says RBI report

RBI's FSR shows NBFCs' stressed assets rose sharply as write-offs jumped and credit risks increased, especially in small-ticket personal loans below ₹50,000

Best of BS Opinion: University-level funding key to India's R&D targets

Today's opinion page takes a closer look at the RDI scheme, India's R&D lapses, the current account deficit, and whether the RBI's changes to project finance are a good idea in the long run

Infomerics Valuation and Ratings eyes strategic investor to grow biz

While organic growth remains the focus, Infomerics would also scout for acquisition in analytics and technical support space

Banking system liquidity hits 3-year high at $3.74 trillion: RBI data

Banking system liquidity rose to a net surplus of Rs 3.74 trillion, the highest since June 2022. The market is now awaiting action from the RBI to manage the surplus and ensure monetary transmission

RBI's change in project finance rules may sow the seeds of a future crisis

Given that the project does not generate any revenue at this stage, loan repayment generally starts after the construction is over and the project has begun operations

RBI bars prepayment penalty on floating rate micro, small business loans

From January 2026, banks and NBFCs cannot charge micro and small businesses for early repayment of floating rate loans as RBI moves to enhance financing access

More VRRRs likely as banking system liquidity surplus hits ₹3.31 trn

Despite RBI's VRRR auction, liquidity surplus rose to its highest in weeks, keeping overnight rates near the SDF rate and prompting expectations of further auctions

RBI bars lenders from charging pre-payment fees on MSE, individual loans

RBI bans pre-payment charges on floating-rate loans for individuals and MSEs from Jan 2026. The move aims at ensuring fair lending practices and improving access to affordable finance

SBI marks Reliance Com loan as 'fraud', reports Anil Ambani to RBI

SBI tags Reliance Communications' loan as fraud citing irregularities and fund misuse before CIRP and reports Anil Ambani to RBI as per central bank's compliance norms

Need to shift from fortnightly to real-time credit reporting: RBI DG

RBI's Rajeshwar Rao calls for real-time credit reporting, use of alternate data, AI and tokenisation to improve access and efficiency in India's expanding credit ecosystem

RBI DG Rao asks credit info firms to switch to real-time data reporting

RBI Deputy Governor M Rajeshwar Rao has asked credit information companies like TransUnion Cibil to switch to real-time data reporting from fortnightly at present. Speaking at a conference organised by Cibil here on Tuesday, Rao said quicker relaying of data from the CICs will help in deepening trust, efficiency and transparency in the system for everybody. The speech was posted by the RBI on Wednesday. "We must aspire to more frequent updates. Real-time or near-real-time credit reporting will improve underwriting precision, enable timely reflection of borrower actions like loan closures or repayments and deliver a superior consumer experience," Rao said. Admitting that this entails costs because of investments in technology, process reengineering, and change management, Rao underlined that the benefits will far outweigh the costs. He also asked the CICs and other companies competing with Cibil, including Experian and CRIF High Mark, to move towards having a "unique borrower ...

RBI panel likely to recommend govt retain current 4% inflation target

Retaining the inflation target would remove some uncertainty about the process and reassure market participants about policy continuity under Governor Sanjay Malhotra

Kesavan Ramachandaran appointed as new executive director of RBI on July 1

Prior to being promoted as Executive Director, Kesavan Ramachandran was serving as Principal Chief General Manager in Risk Monitoring Department

Indian scheduled commercial banks' gross NPA ratio at 15-year low

Private sector banks' gross NPA ratio was stable at 2.8 per cent while foreign banks saw a decline to 0.9 per cent from 1.2 per cent

RBI Governor Sanjay Malhotra to appear before House panel on July 10

RBI Governor Sanjay Malhotra and top bank officials to appear before finance panel on July 10 as part of its ongoing review of the Insolvency and Bankruptcy Code

Saraswat Bank approaches RBI to acquire New India Cooperative Bank

The RBI in February had prohibited New India, based in Mumbai, from issuing fresh loans and suspended deposit withdrawals for six months

Rupee ends first quarter flat amid global tensions and dollar weakness

The rupee ended Q1 marginally weaker at 85.77 after volatile trading amid Iran-Israel tensions, IPO inflows, oil easing and RBI reducing short dollar positions

Bank holidays in July 2025: Here's the national and state-wise list

Banks will be closed for 13 days in July 2025 across India. Check the full state-wise holiday list and plan your in-branch visits accordingly

Writeoffs major factor for lower NPAs in past 5 years, says RBI report

RBI says SCBs' asset quality improved with GNPA at 2.3% in FY25, but unsecured retail loans saw elevated slippages led by private banks and higher write-offs