The Reserve Bank of India has begun the tendering process for polymer substrates and aims to introduce polymer banknotes from FY28, subject to successful field trials and operational assessment.
RBI Deputy Governor Poonam Gupta says higher irrigation coverage, allied activities, mechanisation and better crop varieties have made the rural economy and agriculture more resilient.
Indian companies filed proposals to raise $6.08 billion through external commercial borrowings and foreign currency convertible bonds in June, led by Microsoft India and Power Grid.
The Reserve Bank will conduct a seven-day variable rate reverse repo auction after surplus liquidity in the banking system crossed Rs 3 trillion, keeping overnight rates close to the SDF
RBI says CBDC and ULI adoption is accelerating as live transactions expand, with new use cases, more lenders and wider state participation driving growth
The RBI has kept the repo rate unchanged at 5.25%, meaning there’s no immediate relief—or burden—for home loan borrowers. So, what does this mean for your EMI? Will banks reduce lending rates?
The proposed framework seeks to standardise loan pricing, benchmark reset dates and interest calculation practices while strengthening transparency and consumer protection
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday kept the repo rate unchanged at 5.25 per cent.
Governor Sanjay Malhotra says discussions on a merchant discount rate for UPI are premature, stressing the need for sustained investment to strengthen India's digital payments infrastructure.
The RBI has kept the repo rate unchanged at 5.25% for a second straight policy review. Why did the central bank hit pause, what does it expect for inflation and growth,
Governor Sanjay Malhotra says the RBI's revised bulk deposit framework seeks to improve transparency and standardise deposit rate disclosures without making major changes to existing norms.
Deputy Governor Swaminathan J says the RBI has submitted a draft standard operating procedure to the Supreme Court and will refine it before issuing it to regulated entities.
Governor Sanjay Malhotra says surplus liquidity is likely to peak around September before being absorbed through higher currency circulation, reserve requirements and maturing forex forwards
Any further policy tightening is likely to remain contingent on a sustained rise in energy prices or evidence of broader, demand-driven inflationary pressures.
The proposed framework sets capital, asset quality and governance criteria for cooperative credit societies seeking to become urban cooperative banks after a two-decade pause
RBI data shows a sharp divide among the categories of lenders in terms of penalties imposed
The apex court also directed the Centre and states to strengthen measures against digital arrest scams and asked authorities to improve victim compensation and fund recovery
The Supreme Court on Tuesday asked the Reserve Bank of India to prepare and circulate a standard operating procedure (SOP) for dealing with bank accounts linked to cyber frauds, including mule accounts. Issuing a slew of directions aimed at strengthening the response to cyber-enabled financial frauds, a bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana directed all states, Union Territories (UTs) and law enforcement agencies to ensure the expeditious adoption and operationalisation of the grievance redressal and money restoration modules developed for victims of such frauds. The bench was hearing a suo motu matter 'In Re: Victims of Digital Arrest Related to Forged Documents'. The bench also directed the RBI to provide copies of the SOP to the Registrars General of all high courts. It also asked states and UTs to undertake appropriate public awareness measures to ensure that citizens are informed about these mechanisms. The Registrars General of al
The central bank's six-member Monetary Policy Committee, headed by Governor Sanjay Malhotra, is expected to leave the repurchase rate unchanged at 5.25%
Banks sharply cut certificate of deposit issuances in July as strong FCNR(B) inflows under the RBI's swap scheme eased liquidity pressures and lowered funding costs