Page 7 - Rbi

Deterrence beyond a slap on the wrist: Reimagining financial penalties

Fines on Indian financial institutions are a pittance. The enforcement regime must be reimagined, reports Raghu Mohan

RBI has proactively helped UCBs, cooperatives should rethink approach: Shah

Union Minister of Cooperation Amit Shah on Saturday urged urban cooperative banks (UCBs) to look at the RBI from a "different viewpoint", underlining that the central bank has "proactively helped" the sector in recent times. Speaking at the inauguration of a new office building of the National Urban Cooperative Finance and Development Corporation (NUCFDC) at the BSE here, Shah also said that when it comes to the safety of money, no other segment is as safe for lenders as small borrowers. "I know of your experience till now. RBI looks at you from a particular viewpoint, and UCBs also look at RBI from a different viewpoint. But we have to come out of it," Shah told the audience comprising executives from over 1,400 UCBs and other stakeholders. "My five years' experience as the Union Cooperatives Minister suggests that whenever we have put a step forward with confidence, RBI has proactively helped us," he added, listing out the relaxations delivered by RBI. Among other aspects, RBI ha

RBI's draft revolving credit curbs may dent NBFCs' flexi-credit biz

The move aims to curb the risk of evergreening, where borrowers service loans through fresh drawdowns rather than genuine cash flows, according to analysts

Forex reserves surge $10.5 bn, highest weekly gain in over six months

Foreign currency assets increased by $8.75 billion and gold reserves rose by $1.69 billion during the week ended July 31, driving the sharp increase in total reserves

RBI aims to absorb ₹2 trillion through seven-day VRRR auction on Monday

Banking-system liquidity was in a surplus of Rs 3.61 trillion on Thursday, while the weighted average call rate settled at 5.09 per cent, central bank data showed

RBI proposes new derivative-risk capital framework effective April 2027

The draft requires commercial banks to adopt the basic approach for credit valuation adjustment while offering simpler treatment to those with smaller derivatives books

Bajaj Finance's 5% crash erodes ₹33K cr from m-cap. What's behind the fall?

Sharp decline in Bajaj Finance shares also weighed on the BSE Financial Services pack, which lost 0.96 per cent in intraday deals.

KYC: A safeguard, not a barrier

An effective KYC programme can make banking easy for genuine customers

RBI extends recovery norms deadline, eases certification timeline

The RBI has deferred implementation of revised recovery norms to January 2027 and given regulated entities a year to certify existing recovery agents through the IIBF

Corporate bond issuances likely to resume after RBI's dovish pause

REC plans ₹7,000 crore issue on Friday; NABARD next week

NBFCs can extend term loans, not revolving credit products: RBI draft norms

The RBI has proposed restricting NBFCs to term loans and barring revolving credit products, except for those authorised to issue credit cards

RBI's 4-day VRRR auction draws ₹1.3 trn bids as overnight rates edge higher

The RBI's four-day VRRR auction attracted Rs 1.3 trillion in bids as it absorbed surplus liquidity, helping push overnight money market rates closer to the policy rate

Fixed deposits emerge as a safer option amid RBI pause and market swings

With the RBI holding interest rates steady and equity markets facing uncertainty, fixed deposits offer investors a low-risk option to compare returns across bank tenures

MUFG lifts RBI forex inflow forecast to $87 bn as FCNR(B) flows surge

Japanese lender MUFG has raised its estimate of inflows under the RBI's concessional forex measures to $87 billion, citing robust FCNR(B) deposit mobilisation

RBI's loan pricing revamp: Experts explain what could change for borrowers

Regulator is standardising how loans are priced. Here's what it could mean for EMIs, transparency and future rate cuts.

RBI emerging as Asia's rate outlier as oil shock fails to shift outlook

RBI Governor Sanjay Malhotra has said the central bank will remain data-dependent, with resilient growth and contained inflation allowing it to keep policy unchanged despite higher oil prices

Tata Sons remains an 'upper-layer NBFC', RBI says deregistration pending

The Reserve Bank of India indicates Tata Sons continues to be an upper-layer NBFC under principle-based norms, while its application to surrender its CIC licence remains under consideration.

A dovish pause: RBI holds steady, rate hike off the table in FY27

The RBI cited uncertainties around the monsoon, El Nino, geopolitics and global trade while opting to keep policy rates unchanged for a fourth meeting

22 years later, RBI set to resume UCB licensing through on-tap framework

The Reserve Bank of India will soon issue draft guidelines for on-tap licensing of urban co-operative banks, setting stringent eligibility norms for credit co-operative societies seeking conversion

MPC announcements: RBI's stance may boost bond market, says fund managers

Debt fund managers view the RBI's policy as supportive for bonds, but differ on duration strategy, with some favouring long-duration papers and others preferring shorter maturities.