Page 53 - Rbi

RBI penalises Deutsche Bank, YES Bank for breaching compliance norms

Deutsche Bank and YES Bank fined ₹50 lakh and ₹29.6 lakh respectively for violating RBI directions on credit reporting and disclosure of customer complaints

Forex reserves hit 7-month high of $690.6 billion, gold up $4.5 billion

India's forex reserves rise by $4.5 billion to a seven-month high of $690.6 billion, driven largely by gold valuation gains amid continued rupee volatility

AIFs seek Sebi help to address inter-regulatory issues and ease norms

AIF industry officials believe that such a platform could help address operational hurdles in domestic capital formation

RBI board reviews economic capital framework ahead of surplus transfer

RBI board reviews Economic Capital Framework as part of five-year cycle, with FY25 surplus transfer expected to set a new record amid strong balance sheet gains

RBI pushes lenders to revive funding market vital for monetary policy

While overall money-market turnover has risen to an average $70 billion a day, interbank trades account for just 2 per cent of that, down from 20 per cent a decade ago

India's outward FDI nearly doubles to $6.8 bn in April 2025: RBI data

Equity, loans, and guarantees led the surge in outward FDI commitments from India, which rose to $6.8 billion in April 2025, up from $3.58 billion a year earlier

ECB filings hit 72-month high of $11.04 bn in March, shows RBI data

External commercial borrowing proposals reached a 72-month high of $11.04 billion in March 2025, with full-year filings touching $61.18 billion, RBI data showed

Three RBI rate cuts likely from June as inflation dips below 4% target

With inflation staying under RBI's 4% target for two months, economists expect three back-to-back repo rate cuts, starting with a 25 bps reduction in June

RBI reviews e-wallets after sudden collapse of EV taxi service BluSmart

Reserve Bank of India has begun informal consultations with EV charging-point operators and other app-based EV platforms to assess potential consumer risks

HDB Financial Services may seek RBI extension on listing deadline

HDFC Bank's NBFC arm may ask the RBI for more time to meet its September 2025 listing deadline as IPO approval faces delays over compliance issues and regulatory hurdles

PayU gets final RBI approval to operate as online payment aggregator

Prosus-backed PayU receives final RBI approval to act as an online payment aggregator over a year after in-principle clearance and corporate restructuring

Retail inflation slid further to 3% in Apr; easing room for RBI rate cut

In March, retail inflation stood at 3.34 per cent- the lowest since August 2019

BS Poll: RBI FY25 surplus transfer likely to be higher than previous fiscal

RBI may transfer a higher surplus in FY25 as gains from dollar sales and interest earnings strengthen its financials, exceeding last year's ₹2.1 trillion payout

RBI mandates reporting of digital lending apps via CIMS portal from May 13

RBI directs regulated entities to upload digital lending app data on the CIMS portal by June 15 to enhance transparency and streamline digital lending regulations

Policy rate cut to put more pressure margins: Union Bank of India MD & CEO

Union Bank Q4 profit rises 50.57 per cent year-on-year, but net interest margin dips to 2.87 per cent as RBI repo rate cuts begin to impact lending margins

India's forex reserves dropped by $2 billion to $686 billion: RBI

India's forex reserves dropped USD 2.065 billion to USD 686.064 billion for the week ended May 2, the RBI said on Friday. In the previous reporting week, the overall kitty had increased USD 1.983 billion to USD 688.129 billion. The forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended May 2, foreign currency assets, a major component of the reserves, increased USD 514 million to USD 581.177 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves decreased USD 2.545 million to USD 81.82 billion during the week, the RBI said. The special drawing rights were down USD 30 million to USD 18.558 billion, the apex bank said. India's reserve position with the IMF was also down USD 3 million at USD 4.509 billion in the reporting week, the apex b

RBI removes short-term investment limits for FPIs in corporate debt

The RBI has removed short-term and concentration limits on FPI investments in corporate debt to ease access and deepen market participation

RBI bumper payout to help offset shortfall in tax revenues, say analysts

Kotak Mahindra Bank expects RBI to transfer up to ₹3.5 trillion to the government, while IDFC First Bank estimates the dividend at around ₹3 trillion for the fiscal year ending March

Bank spread narrows to 10-year low of 2.71% in March: CareEdge

Lending-deposit rate spread for banks dropped to 2.71 per cent in March, driven by lower lending rates amid reduced high-yield loan exposure and RBI rate cuts

RBI framework suggest impact analysis before finalising regulations

RBI's new framework proposes mandatory public consultation, impact analysis, and periodic review for significant regulations, promoting transparency in rule-making