Page 7 - Rbi

Bank credit to grow 13% in FY27 despite high LDR constraints: Ind-Ra

India Ratings expects bank credit to grow 13 per cent in FY27, supported by GST rationalisation, lower inflation and improved consumption, though high loan-deposit ratios remain a challenge

Japan's SMBC gets RBI's in-principle nod for wholly owned arm in India

The in-principle approval allowed the bank to set up the wholly owned subsidiary through the conversion of its existing branches in the country

RBI recognises FEDAI as self-regulatory organisation for authorised dealers

The Reserve Bank of India has recognised FEDAI as a self-regulatory organisation for authorised dealers, giving it a year to align governance and operations with the Omnibus SRO framework

RBI looks to resume UCB licences after 22 yrs; moots ₹300 cr min capital

CAR not less than 12%; net NPA not above 3%

The board's 2026 agenda: Evolving amid uncertainty and sharper scrutiny

Overseeing how regulations affect strategies and processes in an uncertain environment, amidst sharper scrutiny from institutional and retail investors, will shape the priorities for the year ahead

Financial activities on non-financial platforms pose challenges: RBI DG

Regulatory actions taken within individual mandates may be sound in isolation yet collectively may not fully address such cross-cutting risks, Murmu said

RBI may introduce licensing regime for corporate business correspondents

Currently, fintechs operating in the segment are not directly regulated by the RBI, with partner banks assuming responsibility for the actions of the companies they contract

Strong domestic growth will attract foreign investments: RBI Governor

The six-member Reserve Bank of India's Monetary Policy Committee had revised its growth forecast for the current financial year to 7.3 per cent in December from 6.8 per cent in October

UPI user base can more than double to 1 billion: RBI Deputy Governor

There is a lot of scope and opportunity for expanding digital payment in the country and UPI has the potential to more than double to 1 billion users from the current base of 400 million, Reserve Bank Deputy Governor T Rabi Sankar said on Tuesday. About 50 per cent of global retail payment transactions are done in India but even then in terms of the number of digital transactions per person, it has to catch up with many advanced economies. Citing an example of Kenya, the RBI Deputy Governor said, digital transaction per person in Kenya is roughly double than what India has. The National Payments Corporation of India (NPCI), an RBI-0promoted body which created and operates UPI, had launched a USSD-based service to enable UPI access for feature phone users, within months of the launch of the main platform for smartphone users in 2016. " The active users of UPI are about 400 million. We are targeting 1 billion users. So...there is a lot of scope, there is a lot of distance that we nee

RBI gets bids three times notified amount at buy-sell swap auction

At the auction, the central bank received 348 bids worth $29.94 billion and accepted 42 bids, with the cut-off premium set at 728 paise

Datanomics: Remitting money to India from US now becomes costlier

Sending money from the US to India has become costlier after a 1% excise tax on cash-based remittances took effect from January 1, 2026

Can't treat compliance as a quarter-end activity: RBI DG Swaminathan J

RBI's Swaminathan urges banks to strengthen compliance, operational resilience, data governance, and third-party risk management to prevent disruptions and improve supervision

Optimum credit-deposit ratio for banks is 76-80%, says SBI report

CD ratio of banks stood at 82% as of December 15

RBI bars resident Indians from issuing credit guarantees to NRIs

Resident creditors can obtain guarantees, but where both the principal debtor and the surety are non-residents, the underlying transaction must comply with foreign exchange regulations

Banks must ensure year-round operational discipline: RBI deputy governor

Reserve Bank of India (RBI) Deputy Governor Swaminathan J has asked banks to put in place stronger operational discipline and data governance throughout the year, as supervision needs to shift from periodic snapshots to continuous awareness. Speaking on 'Issues and Challenges in Banking Supervision in the Digital Era', the deputy governor said for decades, supervisors were trained to read balance sheets and inspect processes, and it is still being done the same way. But today, he said a bank can look perfectly healthy on paper and still be one incident away from severe disruption. "The reason is that the centre of gravity is shifting from the 'branch and product' to the 'pipes and code'," he said. In other words, stability now depends as much on operational resilience, data integrity, and third-party dependencies as much as it does on capital and liquidity, Swaminathan said at the at the Third Annual Global Conference of the College of Supervisors here on Friday. In a digital ...

Bain Capital's plan to acquire Manappuram Finance delayed by RBI concerns

Bain received approval for the Manappuram deal, which was announced last March, from India's market regulator and the competition commission but the RBI is the final authority for the clearance

Best of BS Opinion: Fresh US tariffs could wipe out India's goods exports

Today's Best of BS Opinion covers US tariff threats linked to Russian oil, the Grok AI content debate, small finance banks' record, cracks in India's growth story, and a Cold War spy tale

RBI advocates disclosure of NPA, penalties & inspection info; banks oppose

Four major banks -- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India -- have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records "liable to be disclosed" under the RTI Act. RTI applicants Dheeraj Mishra, Vathiraj, Girish Mittal and Radha Raman Tiwari had filed separate applications with the RBI, seeking information, such as the top 100 NPAs, willful defaulters of Yes Bank, the inspection report of the SBI and RBL, and documents relating to a Rs 4.34 crore monetary penalty imposed following statutory inspection findings from the Bank of Baroda, respectively, among others. These banks appealed before the Central Information Commission, after the bankers' bank found that the information sought by RTI Applicants could be disclosed under the provisions of the Right to Information Act. Information Commissioner Khushwant Singh Sethi referred the matter to a large

Compliance to compassion: A cultural shift at India's financial regulator

A cultural shift for India's financial regulator - from rule-based monitor to human-centred facilitator

Have SFBs really provided the breakthrough they were intended for?

While small finance banks are solvent and working well, we need to ask if there has been a breakthrough in stretching the inclusion agenda beyond MFIs