Page 4 - Rbi

India may need rate hikes, tax relief to ease pressure on rupee: Analysts

The rupee's rebound after the RBI's latest measures may prove short-lived as energy import dependence and weak capital inflows weigh on the currency; further rate hikes could help address the pressure

Disputed credit card charge rejected? Know your options to seek redress

Report unauthorised transactions immediately, preserve evidence and pay undisputed dues on time

SME body seeks 90-day EDF filing relief for small service exporters

India SME Forum has asked the RBI to suspend recurring EDF filings for micro and small service exporters for 90 days while a simpler compliance mechanism is finalised

No price stability without financial stability: RBI Governor Malhotra

RBI Governor Sanjay Malhotra says monetary policy and financial stability cannot be separated completely, as the central bank steps up measures to curb rupee volatility

RBI to continue efforts to contain rupee volatility: FM Nirmala Sitharaman

Open to views on long-term capital gains tax and securities transaction tax, says FM Nirmala Sitharaman

Rupee rallies to 1-month high on RBI curbs, but banks remain uneasy

The rupee gained 0.6% in October, mainly due to a series of steps by the RBI in the last few days to curb speculative bets

RBI rate hike: Which banks and NBFCs could benefit?

The RBI’s rate hike could benefit some banks while putting pressure on NBFC margins. Which lenders are best placed to gain? Here’s what investors should watch in Markets This Week.

RBI extends forex risk reserve requirement to banks' own hedging contracts

The central bank has mandated a 20 per cent reserve on eligible rupee derivative contracts used by authorised dealers to hedge their own currency risks, without a minimum transaction threshold

RBI tightens rupee derivatives rules, widens 20% cash reserve requirement

The move is the latest in a slew of measures announced by the central bank since Saturday aimed at supporting the rupee, which has been falling due to steep oil prices and capital outflows

RBI's new forex derivatives reserve rule: Banks flag liquidity concerns

Fedai seeks clarity on execution; lenders want $2 million threshold removed

Account aggregator network gets a rate card; tech middlemen cut out

AAs are entities that move a customer's financial data from one institution to another, such as from a bank to a lender, but only with the customer's consent

RBI's liquidity move lifts weighted average call money rates by 12 bps

The Reserve Bank's liquidity measures announced last week to drain surplus from the banking system lifted weighted average call money rates by 0.12 per cent on Monday, experts said. The measures, including moves to increase the daily CRR maintenance limit to 99 per cent and bond sales through open market operations, will also help accelerate rate hike transmission, they said. The weighted average call money rate on Monday stood at 5.43 per cent against 5.31 per cent on October 9, according to the Clearing Corporation of India's (CCIL) data. Money market experts said high surplus liquidity in the banking system can weaken the transmission of a policy rate hike by reducing banks' dependence on market borrowings and allowing them to meet credit demand using readily available funds. When banks have ample liquidity, they face less pressure to raise deposit rates to attract funds, which can delay an increase in lending rates for borrowers. The excess liquidity also keeps short-term money

Banks seek RBI relief, clarity on India's latest rupee-defence measures

Lenders have approached ‌RBI via a forex industry body, seeking the removal of a mandate that banks make a 20% cash deposit with the RBI for FX derivatives used to hedge current-account exposures

Rupee opens over 1% higher at 95.73 on RBI measures to curb dollar demand

The rupee opened at 95.73 against the greenback today compared with Friday's close of 96.76. As of 9.14 AM, it was trading at 95.76, according to Bloomberg data.

Following RBI's weekend measures, rupee woes may ease in the near term

Global headwinds, balance of payment remain key to stability

RBI opens special dollar window for oil firms as rupee comes under pressure

Special window for PSU oil companies from Monday; Forex dealers will not permit users to rebook any foreign exchange derivatives

After FCNR(B) highs, forex kitty shrinks by $51 billion in four weeks

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

RBI tightens liquidity after rate rise, raises daily CRR maintenance to 99%

The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a ₹25,000 crore bond sale on October 13 to align overnight rates with the repo rate.

RBI study fills four-month gap in state inflation data using survey inputs

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

Prolonged food inflation risk to microfinance budgets: Muthoot Microfin CEO

Muthoot Microfin plans to launch consumer durable loans and expand digital lending as it targets ₹30,000 crore in assets under management by 2030