Page 43 - Rbi

Inflows in NRI deposits moderate to $ 751 mn in April, shows RBI data

Inflows into NRI accounts fell to $751 million in April 2025 from $1.07 billion a year ago, but total deposits rose to $165.43 billion, RBI data shows

LRS remittances rise 8.6% in April 2025 on travel, investment boost

April 2025 outward remittances under the RBI's LRS rose 8.6 per cent YoY to $2.5 billion, but full-year outflows fell by 6.85 per cent amid global uncertainty and high base

Robust balance sheets key to boost monetary policy impact: RBI study

A reduction in policy rates can boost investment more if balance sheets are healthier, especially among small firms, finds RBI staff study in its June bulletin

RBI net short dollar position dips to $72.5 bn in April as rupee gains

RBI's net short dollar position in rupee forwards narrowed to $72.5 billion in April while REER rose for the first time in six months as the rupee appreciated

Net FDI improves to $3.9 bn in April 2025 as repatriation slows: RBI

Net FDI rose to $3.9 billion in April 2025 on easing capital repatriation while gross FDI inflows touched $8.8 billion, with manufacturing and services leading

Share of public sector banks in CD issuances rises to 69% in 2024: RBI

Public sector banks accounted for 69 per cent of CD issuances by Dec 2024, up from 6 per cent in 2022, with Q4 FY25 issuance reaching an all-time high of Rs 3.7 trillion

RBI bulletin: India's economic activity 'resilient' amid global flux

Trade policy outcomes in July, after the temporary tariff hiatus is over, and the future course of geopolitical events would likely shape the medium-term economic prospects

India's economy resilient amidst global uncertainties: RBI Bulletin

Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said on Wednesday. The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI's June Bulletin. "In this state of elevated global uncertainty, various high-frequency indicators for May 2025 point towards resilient economic activity in India across the industrial and services sectors," it said. The article noted that agriculture showed a broad-based increase in production across most major crops during 2024-25. Also, the domestic price situation remains benign, with headline inflation staying below the target for the fourth consecutive month in May. Financial conditions too remained conducive to facilitate an efficient transmission of rate cuts to the credit market, said the article on 'State of the

RBI extends interbank call money market timings by 2 hours from July 1

The revised timings for the call market will be 9:00 a.m. IST to 7:00 p.m. IST

RBI to conduct seven-day VRRR auction on Friday to mop up liquidity

The average liquidity surplus in the system over the past two weeks-reflected by the daily absorption by the RBI-was around Rs 2.5 trillion

Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report

Ahmedabad is the most affordable housing market and Mumbai the least: Knight Frank

Sign agreement locker agreement promptly, buy cover for valuables

Customers may face service interruption if they don't sign agreement after multiple deadline extensions

50% of Indians pay online convenience fees; 78% prefer free platforms

A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services

Keep learning, question the status quo, RBI Guv Malhotra tells IITians

Never stop questioning the status quo and keep learning because karma largely determines outcomes, RBI Governor Sanjay Malhotra said on Monday as he went down memory lane and shared his thoughts with IIT students. An alumnus of IIT Kanpur, Malhotra also emphasised that trust is the foundation on which any relationship is built, whether it is marriage, friendship, or at the workplace - between the CEO and the employees, or between a company and its consumers. Malhotra recalled his days at IIT Kanpur and sounded nostalgic as he even mentioned his roll number while delivering the address at the 58th convocation of the institute. As a fellow alumnus, roll number 85213, who has experienced life after campus, Malhotra said there are four learnings from his journey -- learning for life, questioning the status quo, pursuing virtuous karma and trust. "Remember that learning is for life. The moment one is not learning, it is a signal that one is not growing; one is not advancing. It is ...

50% of Indians pay online convenience fees; 78% prefer free platforms

A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services

DFS Secretary urges fast-tracking of government data integration with ULI

ULI, seen as the UPI of credit, gets a push from the DFS and RBI, which have asked ministries and states to onboard datasets for seamless and inclusive credit delivery

Finance Ministry, RBI discuss scaling up unified lending interface

The finance ministry together with Reserve Bank held a meeting with various stakeholders, including state government representative to deliberate on ways to scale up Unified Lending Interface (ULI). ULI is a new digital public infrastructure (DPI) designed to streamline the lending process, similar to UPI in the payment space. It is a technology platform built to facilitate easy access to authenticated data from various sources, through standardised APIs to which all lenders can connect seamlessly through a plug and play' model. Financial Services Secretary M Nagaraju and RBI Deputy Governor T Rabi Sankar co-chaired a meeting with officials from various ministries/departments of Government of India and state governments on scaling up ULI, the finance ministry said in a post on X. ULI is envisioned as a DPI for credit delivery designed to integrate technology, data, and policy into one seamless platform, Nagaraju said during the meeting which saw participation of senior officials of

Edelweiss ARC eyes ₹6,000 cr in recovery; invest ₹1,000 to acquire NPAs

Following RBI curbs in FY25, Edelweiss ARC plans to invest up to ₹1,000 crore in stressed assets and targets ₹6,000 crore in recoveries, led by corporate and retail

Impact of India's large rate cut may be limited, says rate panel member

The MPC delivered a larger-than-expected 50-bp rate cut in June to bolster economic growth as inflation remained below target

Neutral stance gives flexibility to move up or down: Nagesh Kumar

Since the February 2025 MPC, the RBI has started to support growth by cutting policy rate