Page 42 - Rbi

An opening for Indian gains as many aspects of macro policy are clarifying

The recent moves by the monetary policy committee, of cutting rates, are in the right direction, and should be seen in the larger context of macro policy

Search for stability: RBI has done nearly all it can to steady economy

It is expected to enhance the transmission of the policy-rate reduction and reduce the cost of funds for the banking system

Monetary policy: Innovative, out of box, and 'Lucas unanticipated surprise'

After pandemic, this is the first time RBI has reduced policy repo rate by 50 bps to 5.5%

Things 'should soon settle down': RBI on IndusInd Bank's measures

RBI says it is satisfied with IndusInd Bank's accounting clean-up post derivatives irregularities but stresses it will act if necessary and has sharpened supervision tools

CRR at 3% seen as new normal, RBI says it's sufficient for liquidity

The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025

Monetary policy review: LTV ratio upped for gold-backed loans up to ₹5L

New guidelines exempt small-ticket gold loans from strict credit appraisal, aiming to boost formal sector lending and ease access for rural and semi-urban borrowers

Cut home loan costs: Retain EMI, shorten tenure, consider prepaying

Borrowers can maximise savings when interest rates fall by retaining their EMI and reducing tenure, while also benefiting from repo-linked loans and selective prepayments

MFI stress to be steady in next few quarters: RBI Deputy Governor

RBI relaxes qualifying criteria for NBFCs to be treated as MFIs

PNB cuts lending rate to 50 basis point in line with RBI's policy

Hours after RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50 basis points reduction in lending rate, a move which will help existing and new borrowers. Other banks are also expected to make similar announcements soon. "Great News for Our Valued Customers! Punjab National Bank Makes Your EMIs More Affordable! Following the repo rate cut (6.00% - 5.50%), Punjab National Bank has reduced its RLLR by 50 bps, effective from June 9, 2025," PNB said in a post on X. With the reduction in the benchmark repo-linked benchmark lending rates (RBLR), the home loan of the bank will start from 7.45 per cent while vehicle loans from 7.8 per cent per annum. Earlier in the day, the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by Governor

RBI to review regulatory framework for Type-I NBFCs: Governor Malhotra

RBI Governor Sanjay Malhotra said the central bank will review and possibly introduce a separate framework for Type-I NBFCs, which do not accept public funds or have customer interface

RBI rejects Annapurna Finance's application for setting up universal bank

The Reserve Bank has rejected the application of Annapurna Finance Private Limited for setting up a universal bank. In a statement on Friday, the RBI said it has completed the examination of the application of Annapurna Finance Private Limited for setting-up a universal bank. "Based on the assessment of the application as per the procedure laid down under extant guidelines, the applicant was not found suitable for granting of in-principle approval to set up a universal bank," it said. The central bank had received the application under the guidelines for 'on tap' licensing of universal banks.

RBI unperturbed by $52.4 bn short position in dollar forward book

The central bank's forward book saw a drop from $78 billion in February to $52.4 billion in April, with a majority of positions concentrated in the 3-12 month segment

RBI rejects Annapurna Finance's application to set up universal bank

RBI cites non-suitability under current guidelines as reason for turning down Bhubaneswar-based NBFC-MFI's bid for universal bank licence.

RBI to raise gold lending LTV to 85% for loans under Rs 2.5 lakh: Malhotra

The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from the present 75 per cent, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Malhotra said the relaxation will come with riders, and pointed out that both principal as well as interest will be included while computing the LTV as against the current industry practice of sticking only to the principal. "The LTV was 75 per cent till now. We are expanding it to 85 per cent for small loans of below Rs 2.5 lakh per borrower," Malhotra said, adding that this will be included in the final regulation on gold lending which has been in the works for some time. He said the revised norms are aimed at regulating the category in a better way with minimum risk. The Governor said state-owned lenders have been including both interest and principal while making gold loans under the current LTV limit of 75 per cent

RBI delivers a jumbo surprise; more reasons for INR to underperform: Nomura

The policy outlook will depend on the macro outlook. We see downside risks to the RBI's GDP growth and CPI inflation outlooks, said Nomura, in a note.

'We've won the inflation battle': RBI Guv Sanjay Malhotra on rate cuts

RBI Governor Sanjay Malhotra says inflation is under control as repo rate is cut to 5.5%, CRR lowered to 3% and policy stance turned neutral to support growth and banking system liquidity

RBI MPC key takeaways: Repo rate cut by 50 bps, stance changed to neutral | RBI MPC meet outcome

On June 6, the RBI’s rate-setting panel slashed the repo rate by 50 basis points to 5.5% and changed the policy stance to neutral from accommodative.

5 key takeaways from RBI MPC June meet: Rate cut, CRR, inflation and more

RBI MPC's latest decisions come amid easing inflationary pressures and continued challenges to economic growth. Here are the highlights from the central bank's June policy meet

IndusInd Bank board speeds up CEO search as RBI's deadline nears

IndusInd Bank's board is rushing to submit CEO candidates to the Reserve Bank of India before the June 30 deadline following top executives' resignations over accounting lapses

RBI's June MPC review: Terminal rate and policy tone to be in view

The six member monetary policy of the RBI has reduced the policy repo rate by 25 bps each in the two previous policy review meetings, in February and April