Page 57 - Rbi

RBI's new liquidity norm to free up $35 bn, likely boosting credit growth

India's banking system, which has an estimated HQLA of almost ₹45 trillion to ₹50 trillion, could have an additional ₹2.7 trillion to ₹3 trillion in lendable resources

Brokerages pick bank stocks that will benefit from RBI LCR guidelines

RBI LCR norms: The guidelines, as per analysts at CLSA, could potentially infuse liquidity worth ₹2.5 trillion in the system, which is "modest but sentimentally positive"

RBI's gold loan norms welcome, but NBFC-bank parity is essential

It is essential to understand that the very purpose of the existence of NBFCs is to issue loans that banks, with their fragile capital structure, cannot issue

RBI permits minors above 10 yrs to operate bank accounts independently

The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. The Reserve Bank of India has issued revised instructions on opening and operation in the deposit accounts of minors. Minors of any age may be allowed to open and operate savings and term deposit accounts through his/ her natural or legal guardian, the RBI said in a circular addressed to commercial banks and cooperative banks. They may also be allowed to open such accounts with their mother as guardian. "Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks keeping in view their risk management policy, may be allowed to open and operate savings/ term deposit accounts independently, if they so desire, and such terms shall be duly conveyed to the account holder," the circular said. Further, on attaining the age of majority, fresh operating instructions and specimen ...

Car loans become cheaper: Here is what's various lenders are offering

Understanding loan terms of various companies is vital for financial planning and saving

RBI cancels licence of Ahmedabad-based Colour Merchants Co-op Bank

The Reserve Bank on Wednesday said it has cancelled the licence of Ahmedabad-based 'Colour Merchants Co-operative Bank' as the lender does not have adequate capital and earning prospects. Registrar of Cooperative Societies, Gujarat, has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank, the Reserve Bank of India (RBI) said in a statement. On liquidation, every depositor would be entitled to receive the deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakh only from the Deposit Insurance and Credit Guarantee Corporation (DICGC). RBI further said as per the data submitted by the co-operative bank, about 98.51 per cent of the depositors are entitled to receive full amount of their deposits from DICGC. As of March 31, 2024, DICGC has already paid Rs 13.94 crore of the total insured deposits based on the willingness received from the concerned depositors of the bank. Giving reasons behind cancellation

Indian companies file $2.82 billion ECB plans with RBI in February 2025

Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries

RBI asks banks to pay 8% interest for delay in central govt pension payment

Interest should be paid automatically, without any demand from the pensioner: RBI circular

RBI's liquidity infusion plan pushes govt bonds to over 3-year highs

Reserve Bank of India will buy bonds worth ₹40,000 crore ($4.67 billion) and will also conduct 43-day repo for ₹1.50 trillion on Thursday

India moves to deepen junk debt market by allowing bad loan securitisation

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track

Investing into the slowdown: Industry optimism defies weak signals

The value of new manufacturing capacity added in the last 12 months is the highest in at least 14 years

OIS rates fall significantly on expectations of deeper rate cuts by RBI

Market participants said that the fall in overnight rates further weighed on OIS rates

RBI to conduct extra Rs 40K cr OMO purchase to infuse durable liquidity

The RBI has infused Rs 2.9 trillion via OMO auctions so far. It has also infused Rs 2 trillion via long-term variable rate repo (VRR) auctions

RBI to mandate application submissions via Pravaah portal from May 1

RBI on Friday asked all applicants, including Regulated Entities (REs), to use the PRAVAAH platform for submitting applications for regulatory authorisations, licences, and approvals with effect from May 1, 2025. In a statement, the Reserve Bank said it is committed to achieving end-to-end digitization of all internal workflows involved in regulatory approval processes to enhance efficiency, transparency, and timeliness in service delivery. To this end, it had launched PRAVAAH (Platform for Regulatory Application, Validation And Authorisation) portal on May 28, 2024, to streamline online applications for regulatory authorisations, licenses, and approvals ensuring seamless, secure and faster delivery of services in a transparent manner. "With effect from May 01, 2025, all applicants, including Regulated Entities (REs), are advised to use PRAVAAH for submitting applications for regulatory authorisations, licenses, and approvals to the Reserve Bank using the application forms already .

Growth risks to nudge RBI towards deeper rate cuts, say economists

Growth in Asia's third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war

Home, auto loans turn cheaper after RBI cuts policy repo rate by 25 bps

Loans to mid and large corporates are linked to the marginal cost of funds based lending rate or MCLR which is yet to come down

Financial inclusion is not a licence to exploit: RBI Deputy Governor

NBFCs pulled up for lax underwriting, steep charges

Monetary Policy: RBI cuts repo rate, charts out path for the future

RBI Governor Sanjay Malhotra's statement explains what an accommodative monetary policy stance means it is geared towards stimulating the economy through softer interest rates

RBI slashes repo rate by 25 bps to 6%, shifts stance to 'accommodative'

Dials down growth, inflation projections

RBI evaluating liquidity framework to determine overnight anchor rate

Aim to have surplus liquidity of around 1% of NDTL