Reserve Bank Of India

PSBs see rate repricing as margin reprieve amid RBI rate hike expectations

High exposure to repo-linked RAM loans could help public sector banks reprice assets faster than deposits if the RBI raises rates

India's software services exports rise 8.2% to $221.4 bn in FY26: RBI data

India's software services exports rose 8.2 per cent in 2025-26, led by computer services, while the US remained the top destination with a 54.1 per cent share of exports

RBI orders removal of Maharashtra minister, 7 others from Latur DCC Bank

The Reserve Bank of India (RBI) has ordered removal of Maharashtra Cooperation minister Babasaheb Patil and seven other directors of the Latur District Central Cooperative Bank for exceeding the 10-year tenure limit. Patil belongs to the Nationalist Congress Party (NCP) led by Deputy Chief Minister Sunetra Pawar. The central bank's order followed directions passed by the Aurangabad bench of the Bombay High Court in response to a petition filed by bank member Satish Sheshrao Jadhav. RBI Assistant General Manager Kapil Goswami issued the order on Friday. Directors of District Central Cooperative Banks (DCCBs/Central Cooperative Banks) have a maximum tenure cap of ten years under the Banking Regulation Act, 1949, as amended by the Banking Laws (Amendment) Act, 2025. Earlier, State Cooperation Department Deputy Secretary Sudhir Amrite had written to the Cooperation Commissioner, Pune, seeking action against directors of district central cooperative banks who had completed more than 10

RBI absorbs ₹50,000 crore through bond sale amid liquidity surge

The central bank sold Rs 50,000 crore of government securities in the first of three OMO tranches planned for September to absorb surplus liquidity from the banking system.

The economics of a 'strong rupee'

Our currency policy is costly for people and generates small benefits for a subset

Post Fed rate hike, experts see up to 50bps RBI policy tightening in CY26

Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year

RBI absorbs ₹2.4 trillion via VRRR auction amid surplus liquidity

The Reserve Bank of India (RBI) on Thursday absorbed Rs 2.40 lakh crore through variable rate reverse repo (VRRR) auctions from the banking sector amid huge surplus liquidity. The central bank received bids worth Rs 2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24 per cent. The RBI has been, since last month, doing various VRRR auctions in order to absorb excess surplus liquidity from the banking system and align the overnight money market rates to the repo rate. Currently, liquidity in the banking system is estimated to be in surplus of around Rs 7.38 lakh crore as on September 16. Apart from VRRR, last week, the central bank announced Open Market Operation (OMO) sales of government securities for a notified amount of Rs 1 lakh crore in three tranches. The first tranche of Rs 50,000 crore will be held on September 17, and Rs 25,000 crore each on September 21 and September 28, RBI said. The banking system has a huge surplus of liquidity due

Tata Sons board to mull asking Chandrasekaran to stay on amid RBI IPO push

The holding company's board is set to consider its listing obligations after the RBI refused to relax the rules, while its committee may seek the chairman's continuation

RBI absorbs ₹2.9 trillion via two VRRR auctions amid surplus liquidity

The Reserve Bank of India (RBI) on Wednesday absorbed Rs 2.90 lakh crore through two variable rate reverse repo (VRRR) auctions from the banking system amid a huge surplus. In the first auction, the central bank received bids worth Rs 3,17,088 crore for a notified amount of Rs 2.50 lakh crore. However, it accepted only Rs 2,50,025 crore at a cut-off and weighted average rate of 5.24 per cent. The central bank received a tepid response in the second auction with bids worth Rs 40,302 crore for a notified amount of Rs 1 lakh crore, which it accepted fully. The RBI, since last month, has been conducting various VRRR auctions in order to absorb surplus liquidity from the banking system and align the overnight money market rates to the repo rate. Currently, liquidity in the banking system is estimated to be in surplus of around Rs 9.85 lakh crore as on September 15. Apart from VRRR, last week, the central bank announced Open Market Operation (OMO) sales of government securities for a ..

Tata Chem rebounds 14% from intra-day low on huge volume; up 29% in 2 days

Tata Chemicals' holding in Tata Sons is around 2.5 per cent. Going by the rough-cut valuation, hypothetically, the investment value could be ₹10,000-15,000 crore, as per ICICI Securities.

Traders brace for prolonged India bond slump as RBI mops up excess cash

Bond traders expect yields to rise as the RBI drains excess liquidity amid higher oil prices, rising inflation and heavy government debt supply

RBI backs MDR on large-value UPI transactions, says users will pay no fee

In a post on X, the central bank said the move would help UPI continue to scale and innovate while serving consumers and businesses across the country

RBI absorbs ₹3.93 trillion from banking system through VRRR auction

The Reserve Bank of India (RBI) on Tuesday absorbed Rs 3,93,352 crore through variable rate reverse repo (VRRR) auction amid huge surplus liquidity in the banking system. The central bank received bids worth Rs 3,93,352 crore, for a notified amount of Rs 5 lakh crore. It accepted all bids at a cut-off and weighted average rate of 5.24 per cent, according to a release. Over the last month, the RBI has been conducting VRRR auctions in order to absorb excess surplus liquidity from the banking system and align the overnight money market rates to the repo rate. The liquidity surplus in the banking system was estimated to be around Rs 10.73 lakh crore on September 11. Apart from VRRR auctions, last week, the central bank announced Open Market Operation (OMO) sales of government securities for a notified amount of Rs 1 lakh crore in three tranches, with the first tranche auction to be held on September 17. The first tranche of Rs 50,000 crore will be held on September 17, and Rs 25,000 c

RBI files caveat after rejecting Tata Sons bid to avoid market listing

The move follows the RBI's rejection of Tata Sons' application to deregister as a non-banking financial company, a decision that pushes the holding company closer to a stock market listing

Tata Sons listing eyed: Tata group stocks zoom up to 20%; check top gainers

Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.

OMO bond sales explained: Why RBI wants to pull ₹1 trn out of the system

Surplus liquidity has surged after RBI's special forex swap scheme, prompting the central bank to use bond sales to pull cash out of the banking system and realign overnight rates with its policy rate

RBI proposes temporary debit holds on suspected money mule accounts

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

Ban on flexi-loans: Should RBI be flexible?

The defining feature of a flexi-loan is amortisation. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening

Regulatory clarity

RBI has cleared the decks for the listing of Tata Sons

RBI ends suspense, asks Tata Sons to go in for immediate public listing

The central bank on Sep 11, 2026, rejected Tata Sons' application for exemption from the core investment company category, making a public listing mandatory amid leadership turbulence at the group