Reserve Bank Of India

Diwali 2026 bank holidays: How many days will banks be closed next week?

Dhanteras marks the beginning of the 5-days of Diwali. Meanwhile in banks, customers are advised to check their local holiday calendar before heading to their bank branch in Diwali days

RBI proposes ₹100 crore limit on bank loans for agri infrastructure

The Reserve Bank on Thursday proposed that loans for agricultural infrastructure will be subject to an aggregate sanctioned limit of Rs 100 crore per borrower from the banking system. As part of the ongoing effort towards consolidation of various instructions, the Reserve Bank of India said it has undertaken a review of the extant guidelines relating to Priority Sector Lending (PSL) and proposes to issue directions on the subject for different regulated entities, including commercial banks and regional rural banks. A draft direction on commercial banks proposed an aggregate loan limit of Rs 4 crore per borrowing entity for crop loans, medium and long-term loans for agriculture and allied activities, as well as loans for pre- and post-harvest activities. It also said: "Loans for agriculture infrastructure will be subject to an aggregate sanctioned limit of Rs 100 crore per borrower from the banking system." The lending to the agriculture sector will include farm credit (agriculture

Ten years after note ban, how India's cash habit survived the UPI boom

A decade after demonetisation, currency in circulation has more than doubled, even as UPI transactions have surged, showing that Indians are using digital payments without giving up cash

RBI forms financial markets consultative panel headed by Dy Guv Rohit Jain

The committee will engage market participants on policy, liquidity, resilience, infrastructure and operational issues across money, government securities, forex and derivative markets

RBI forms markets panel with Citi, Morgan Stanley, SBI as members

The committee will serve as a forum for discussions on money markets, government securities, foreign exchange markets, related derivatives and market infrastructure

RBI crackdown on rupee bets drives India's dollar hedging to 8-month low

Buying of forward dollars, or commitments by companies to acquire the US currency at a later date, fell 35% in October from a record high the previous month to $49.5 billion

India can't afford to ignore money growth

With inflation expectations difficult to measure in India's context, monetary aggregates offer a valuable cross-check

RBI's net short dollar forward position hits record $239.2 bn in September

RBI's net short dollar forward position rose from $200.06 billion in August to $239.2 billion in September, driven by FCNR(B) swaps, as forward premiums climbed sharply in October

India forex reserves fall $1.27 bn to $719.75 bn as gold holdings dip

India's forex reserves fell by $1.27 billion to $719.75 billion in the week ended October 23, as a $2.65 billion decline in gold reserves outweighed gains in foreign currency assets.

Bank holidays in November 2026: Check state-wise list of closures in India

Nov 2026 bank holidays will vary across Indian states based on local festivals. The RBI has outlined specific holiday dates for scheduled banks for both scheduled and non-scheduled banks

Durable liquidity needs durable solutions

A durable liquidity surplus calls for a lasting solution, with a higher CRR helping the RBI align the call rate with the repo rate while preserving interbank market activity.

Expecting 50 bps rate hike in Dec, may impact credit demand: SBI chief

Business Standard BFSI Insight Summit 2026: SBI Chairman CS Setty says higher rates could moderate discretionary spending and consumption credit

Global rate risks, capital outflows to weigh on Indian markets: Experts

At the Business Standard BFSI Insight Summit 2026, experts warned that high US yields, oil prices and AI-driven capital outflows could weigh on Indian markets, the rupee and bond yields

Bankers hail RBI's FCNR(B) playbook as dollar inflows surge to $12.7 bn

At Business Standard's BFSI Summit, public sector bank chiefs discussed how RBI's swap support, leverage and overseas outreach helped mobilise FCNR(B) deposits, highlighting need for risk management

Bank holiday today: Are banks open or closed due to Valmiki Jayanti 2026?

Due to Valmiki Jayanti, bank branches in some states will be closed today as per the RBI's schedule for October 2026. Banks will stay closed for physical operations in different states

Satellite lights, Google Trends can help estimate state growth: RBI report

Combining night-time illumination and Google Trends data reduced errors in quarterly growth estimates by up to 62 per cent across three industrial states

Ten rules for external sector stress

There is wisdom from history in managing the rupee

Glitter of gold loans

Increasing household debt needs careful examination

RBI's net dollar purchases hit record $43.26 billion in August: Bulletin

The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion

RBI tightens operational risk capital norms for banks from April 2027

The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and historical loss data, with the new rules effective April 1, 2027