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Watershed moments: How technology bolstered the financial inclusion

Govt started groundwork 50 yrs ago, but adoption and advancement of tech have sped up growth of financial services

Art and science of central banking: RBI governors since 1991 reforms

While the liberalisation led to higher economic growth, it didn't leave the subsequent governors without any challenges

Grace under fire: RBI represents a crisis manager's balancing acts

Since 1991, RBI has played key role in averting crises that posed a threat to India's economy

Karnataka Bank's MD, ED resign; bank forms panel to find replacements

Following the departure of the MD&CEO and ED, the bank has formed a search committee to identify suitable candidates for both roles

Credit growth may remain subdued despite 100 bps policy repo rate cut

Banks maintain credit growth guidance at 11-13 per cent and await CRR reduction and festival season before revising projections

Affordable housing dream of millions in India gets closer to reality

RBI's rate cuts and revised lending norms could help a segment that developers have largely ignored

Finance lobby groups will need to make cultural shift as they become SROs

A related concern is what if other financial sector regulators were also to latch on to the SRO idea? How does coordination happen between them in the case of financial conglomerates?

FM Nirmala Sitharaman nudges public sector banks to push credit growth

After slipping to 12% in FY25, loans growth has fallen below 10%

Call, TREPs rates rise post VRRR auction; rupee logs 2-year best gain

Overnight rates climbed after RBI's VRRR auction while the rupee gained 1.3 per cent during the week, marking its strongest performance since January 2023

Current account balance posts surplus of 1.3% of GDP in Q4FY25: RBI

India posted a $13.5 billion current account surplus in Q4FY25, the first in three quarters, aided by strong services exports and a decline in primary income outflows

India's external debt rises to $736 billion, 19.1% of GDP, says RBI

Short-term debt to total debt ratio dips to 18.3

RBI issues final guidelines on due diligence of AePS touchpoint operators

RBI's new AePS guidelines, effective January 2026, require acquiring banks to perform due diligence, monitor transactions, and update KYC of inactive operators

States, UTs may borrow ₹2.87 trn via govt securities in Q2, says RBI

Bond market participants said that the borrowing amount for both state government securities and T-bills was tad lower than the expected

Finance Minister urges PSU banks to boost credit growth, maintain profits

Finance Minister Nirmala Sitharaman on Friday asked public sector banks (PSBs) to take advantage of Reserve Bank's jumbo 50 basis points rate cut to increase lending toward productive sectors of the economy. During a meeting to review financial performance of PSBs, Sitharaman asked their chiefs to maintain profitability momentum in FY26, sources said. Cumulative profit of 12 PSBs rose to record Rs 1.78 lakh crore in FY25, registering a growth of 26 per cent over the previous year. The year-on-year increase in profit in absolute terms was about Rs 37,100 crore in FY25. According to sources, the minister expected that PSBs credit growth should improve post 50-bps rate cut by RBI. Banks were also directed to try maintain the FY25 credit growth level or increase during the current financial year. On June 6, the RBI's six-member monetary policy committee, headed by Governor Sanjay Malhotra lowered the benchmark repurchase or repo rate by 50 basis points to 5.5 per cent. It also slashed

Govt urges state-run banks to boost lending amid economic growth push

Financial Services secretary M. Nagaraju said banks were also urged to boost credit to small businesses and improve deposit mobilisation, following a review meeting chaired by FM Nirmala Sitharaman

Rupee rises to two-week high as dollar weakens on Trump-Fed rate cut talk

Trump's remarks on Powell spur Fed rate cut hopes; rupee hits over two-week high at 85.71, though gains capped by RBI intervention via PSU banks

High input costs weighed on profit margins in FY25, says RBI study

The OPM of manufacturing firms moderated by 20 basis points (bps) from 14.4 in Fy24 to 14.2 per cent in Fy25

1 in 5 UPI users faced fraud; 51% victims didn't report, reveals survey

One in five UPI users in India faced fraud in the past 3 years, with 51% not filing complaints. A LocalCircles survey highlights growing risks and urges simplified, one-click reporting mechanisms

RBI rate cuts still possible despite neutral stance, says MPC member

Bhattacharya said the immediate liquidity withdrawal was necessary because overnight rates had fallen below the floor of the RBI's rate corridor, warranting calibration

RBI bond holdings hit record high, may ease in months ahead, say traders

The RBI's bond holdings rose to 12.78per cent of the outstanding issuances as of March-end from 10.55 per cent at December-end, according to RBI data