Faster cheque settlements on hold as banks get more time to prepare
RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm and confirmation hours to 9 am-7 pm
RBI announced ₹2 trillion of OMO purchases and a three-year $10 billion USD/INR buy-sell swap, triggering the sharpest bond market rally since April 2
PFC had earlier withdrawn a ₹3,000-crore, three-year bond issuance, and ₹3500 crore, 15-year bond issuance on November 25 and December 10 respectively due to elevated corporate bond yields
An RBI staff study says gold remains the most stable asset during geopolitical stress, while crude oil is the most sensitive to shocks; silver and US Treasuries show intermediate reactions
The Reserve Bank of India will inject nearly Rs 3 trillion through open market operations and a USD/INR buy-sell swap to offset liquidity drained by forex intervention and seasonal factors
Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-27 Union Budget
India's inflation rate picked up in November from a record low in the previous month but stayed well below the central bank's 4% target
Union Bank of India has reduced rates on select retail loans from December 18, cutting home loans by 30 bps, vehicle loans by 40 bps and personal loans by up to 160 bps
The rupee remains Asia's worst-performing currency this year, hit by weak investment flows, steep U.S. tariffs and the lack of a US trade deal
Strong fundamentals will steer these sectors through the evolving regulatory, and macroeconomic landscape
Outward remittances under RBI's LRS slipped to $2.36 billion in October 2025 as overseas travel and education outflows fell, while remittances for equity and debt investments rose sharply
RBI net sold $11.8 billion in October and supplied dollars to cap rupee weakness near 88.80/$, even as its net short forward position rose to $63.6 billion, the bulletin showed
High-frequency indicators for November show economic activity remained resilient with robust demand, even as RBI flagged global uncertainties and moderated growth momentum ahead
NRI deposit inflows moderated to $8.3 billion in April-October FY26, mainly due to a sharp drop in FCNR (B) inflows, even as NRE deposits recorded higher inflows, RBI data showed
Net FDI into India rose to $6.2 billion in April-October FY26 as repatriation fell to $31.65 billion, even as outward FDI increased to $20.5 billion, RBI data showed
The Indian rupee has been volatile against the US dollar this year. A new Business Standard poll suggests the currency may settle near 90 per dollar by the end of 2025
Saugata Bhattacharya, external MPC member, spoke on the scope for further rate cuts and how the RBI's foreign exchange market interventions could influence the policy path going forward
The Enforcement Directorate on Saturday said the RBI had issued a compounding order for Genpact India, against a one-time payment, resulting in termination of a FEMA against the technology major. The agency had filed a complaint against the company in October 2018 for alleged contravention of the Foreign Exchange Management Act (FEMA) to the tune of about Rs 26 crore. It issued a show cause notice to the firm and its directors in the same month ( and initiated adjudication proceedings. Genpact subsequently filed an application before the Reserve Bank of India (RBI) for compounding of the said FEMA "contraventions". On reference from the RBI, the ED issued "no objection" for such compounding in line with the true spirit of the Act (FEMA), and the banking regulator compounded the offence through an order issued on October 17 with a one-time payment of Rs 4.72 lakh to be made by the company, the ED said in a statement. A compounding order in the regulatory context means a formal deci
RBI Governor Sanjay Malhotra chaired the meeting