Page 15 - Reserve Bank Of India

A reasonable request: RBI should allow Indian banks to finance M&As

Restrictions on bank finance for M&As have had some perverse and unintended consequences.

RBI won't be found wanting if 50% US tariff hurts growth: Governor

Says Basel-III norms for credit and market risks likely from April 2027

Bank holidays in India 2025: Are banks open or closed today on Aug 25?

Bank Holiday: For Tirubhav Tithi, banks in Assam will close on August 25,2025, but banks in the rest of India will stay open. Ganesh Chaturthi is a follow-up holiday on August 27. Read on to know more

India's $695 billion reserves can cover 11 months of exports: RBI Governor

RBI Governor Sanjay Malhotra said India's forex reserves at $695 billion can cover 11 months of imports, giving the economy a strong buffer against global shocks ahead of Aug 27 tariff deadline

The RBI's monetary policy framework has worked well, change not required

The trend-inflation rate has hovered close to the target, except mostly in times of excess volatility, and the credibility of the central bank has visibly strengthened

Yes Bank stake sale to Sumitomo gets RBI approval for 24.99% acquisition

The RBI has approved Japanese lender Sumitomo Mitsui Banking Corporation to acquire up to 24.99 per cent stake in Yes Bank; the approval is valid for one year and SMBC will not be a promoter

Bond yields rise to around five-month high on fears of increased supply

Market participants said that the yield on the benchmark 10-year bond might rise to 6.58-6.60 per cent during the next week

RBI approves Indranil Bhattacharya's nomination as MPC ex-officio member

Indranil Bhattacharyya, Executive Director at RBI, has been nominated as an ex officio member of the Monetary Policy Committee (MPC), following the 618th meeting of the RBI's Central Board in Lucknow

RBI names Indranil Bhattacharyya as new MPC member ahead of October meet

The RBI Board approved Bhattacharyya's nomination as an ex officio MPC member, replacing Rajiv Ranjan

RBI board to meet Friday to approve new internal monetary policy member

The RBI board will approve Indranil Bhattacharyya as the new internal member of the monetary policy committee, replacing Rajiv Ranjan ahead of the next review in late September

Liquid funds: Check long-term ratings for clearer view of portfolio quality

Assess the track record of the fund during past liquidity incidents

RBI to conduct overnight VRR auction to infuse Rs 50,000 cr amid GST flows

RBI will conduct an overnight variable rate repo auction to infuse Rs 50,000 crore into the banking system, easing tightness from GST outflows and maturing VRRR amounts

US tariffs key drag on growth, flags benign inflation outlook: MPC

The central bank needs to remain watchful as the uncertainties of tariffs are still evolving, said RBI Governor Sanjay Malhotra while voting for a status quo on key interest rate earlier this month. The Reserve Bank of India on Wednesday released Minutes of the Monetary Policy Committee (MPC) meeting held during August 4-6. Along with the RBI Governor, all five other members of the MPC had voted for retaining the short-term lending rate (repo) at 5.5 per cent. "Overall, our economy presents a picture of strength, stability, and opportunity. India's strong fundamentals, growth-inducing policies, and forward-looking economic strategy clearly place it in a strong position," the Governor said as per the minutes. While growth has remained steady, inflation outcomes have been far more benign on account of higher food price moderation, he said. "Although we are likely to see inflation undershooting the target in the near term, with a likelihood of monthly numbers even crossing the lower

India's foreign exchange reserves rise by $4.7 billion to $693 billion

India's foreign exchange reserves rose by $4.7 billion to $693 billion for the week ending August 8, boosted by an increase in foreign currency assets, gold reserves, and IMF holdings

A revolving door for leadership in India's financial sector regulators

With the financial sector maturing, the door to regulatory agencies needs to be opened to a more diverse talent pool

Paytm's PA nod may increase market competition in digital payments

RBI's in-principle approval allows Paytm to resume merchant onboarding, lifting 2022 restrictions and opening the field to stronger competition in the payments space

Paytm stock hits 43-mth high on RBI nod to PPSL; brokerages decode strategy

Paytm share price gained 6 per cent today after Paytm Payments Services Limited received in-principle approval from the RBI to operate as an online payment aggregator

Donald Trump tariff woes keep rupee near record low despite weak dollar

Higher tariffs threaten India's export earnings, curbing forex inflows and thus boosting dollar demand in the local market

Credit growth rose to 10% in July 25 fortnight, deposit growth at 10.2%

Retail credit moderation and rising bond yields impact bank lending growth, as credit rises 10 per cent and deposits grow 10.2 per cent in the fortnight ended 25 July

RBI imposes ₹75 lakh penalty on ICICI Bank for compliance breaches

The Reserve Bank fined ICICI Bank for violations related to property valuation and current account operations, citing non-compliance without impacting customer transactions