Page 5 - Rbi

RBI allows banks to link bulk deposit rates to liquidity profile

Banks can now price bulk deposits based on liquidity characteristics under the LCR framework, while continuing to follow uniform interest rate norms

$32 bn inflows from India's forex drive yet to lift rupee, boost liquidity

RBI Governor Sanjay Malhotra has said that banks have mobilised $32 billion under recent measures, though the inflows are yet to significantly boost forex reserves, banking liquidity or the rupee

Finance Ministry calls for swift policy response to global realities

In reform push, seeks reinvented approach to actions

Datanomics: Chandigarh tops RBI ombudsman grievances rates in FY25

RBI data shows bank complaints rose 13.6% in FY25, with loans leading grievances as the central bank pushes lenders to strengthen internal ombudsman mechanisms

Rupee gains for fourth session, hits nearly 3-week high amid RBI support

Domestic currency settles at 95.65 per dollar as RBI intervention, equity gains and short-covering offset pressure from higher crude oil prices

Govt approves RBI plan to issue ₹10, ₹20 polymer banknotes: Why is the RBI testing polymer notes?

The government has approved the Reserve Bank of India's plan to issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials. If successful, these notes could be issued regularly.

Best of BS Opinion: India must avoid digital tariffs despite WTO rule lapse

From India's digital trade strategy and autonomous AI risks to youth employment, the rupee's stability and the evolution of the Chinese Communist Party, here are today's top Opinion pieces.

Lender fixes accountability: HDFC Bank clears path for CEO call

With the legal review and the MSRDC deposit issue now closed, HDFC Bank's board is expected to take up Managing Director and CEO Sashidhar Jagdishan's reappointment

Rupee rises for third session on softer crude, firmer dollar caps gains

The rupee gained on lower crude oil prices and RBI-linked dollar sales, but a stronger dollar ahead of the US Federal Reserve's policy decision limited the upside

Paytm Payments Bank to be wound down after Delhi High Court order

The RBI said the Delhi High Court has ordered the winding up of Paytm Payments Bank (PPBL) following the central bank's petition and cleared the appointment of Nair as the official liquidator

Govt accepts ₹12,604 crore in G-Sec buyback against ₹20,000 crore offer

The government accepted Rs 12,604 crore of bids in the buyback auction as part of its strategy to retire short-dated securities and smooth the redemption profile

US widens foreign exchange review, keeps India off currency watch list

US Treasury expands its assessment framework for exchange-rate policies while concluding that India did not manipulate the rupee to gain a trade advantage

RBI proposes demat-only securitisation notes, retains ₹1 crore ticket size

Draft amendments require commercial banks to issue securitisation notes in demat form while retaining the ₹1 crore minimum investment size for issuance and transfers

Bank balance sheets alone can't fund Viksit Bharat ambitions: RBI DG Jain

RBI Deputy Governor Rohit Jain says India must deepen bond, forex and derivatives markets, as bank financing alone cannot support the investment needed for Viksit Bharat

Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes

The central bank will issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials before taking a call on their regular issuance

Rupee posts biggest gain in six weeks as oil slump, inflows lift sentiment

Domestic currency outperformed Asian peers as falling crude oil prices, sustained foreign inflows and RBI intervention boosted sentiment and eased pressure

FCNR(B) inflows may have crossed 2013 level in just 45 days: SBI Research

SBI Research now expects FCNR(B) deposits of $65-70 billion by the end of the scheme, significantly higher than its earlier estimate of $40-45 billion

RBI intervention lifts rupee to strongest one-day gain in over a month

The Reserve Bank of India's intervention on Monday was fairly large, with the central bank beginning to sell dollars when the rupee traded near 96.15 per dollar

India may attract up to $85 billion under RBI's swap facility: Report

India could attract USD 80 to USD 85 billion under the Reserve Bank's concessional swap facility scheme to encourage foreign currency inflows, a report said on Monday. Till July 17, of the total inflows under the scheme, Foreign Currency Non-Resident (Bank) or FCNR (B) deposits accounted for USD 17.406 billion, Overseas Foreign Currency Borrowings (OFCBs) contributed USD 1.97 billion and External Commercial Borrowings (ECBs) amounted to USD 1.342 billion. 'Ecowrap', an SBI research report, said the RBI figure of about USD 20 billion inflows till July 17 came as a "positive reprieve", chiefly with a smart FCNR(B) corpus of USD 17.4 billion. "Overall, we believe FCNR (B) deposits in the range of USD 65-70 billion should be received overall in scheme, and including OFCB and ECB at USD 80-USD 85 billion," it said. It further said that RBI data indicates FCNR(B) deposits worth USD 17.4 billion have been mobilised (till July 17) and the trend suggests that pubic sector banks are major ..

Weekly policy watch: Industrial output, RBI bond buyback in spotlight

India's policy calendar this week will track industrial growth, debt management and forex reserves