Page 2 - Reserve Bank Of India

RBI curbs loans extended to brokers in blow to proprietary trading volumes

All credit facilities to securities firms will have to be backed by collateral, while lending for trading on their own account or investments by brokers will be prohibited

RBI okays Bain Capital's 41.7% stake acquisition in Manappuram Finance

Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition up to 41.66 per cent of the company's paid-up equity capital / convertible instruments by affiliates of Bain Capital-- BC Asia Investments XXV Ltd and BC Asia Investments XIV Ltd. The RBI approval, communicated on February 13, 2026, is in connection with the definitive agreements executed on March 20, 2025, under which Bain Capital committed to invest approximately Rs 4,385 crore to acquire an 18 per cent stake on a fully diluted basis through preferential allotment of equity shares and warrants at a price of Rs 236 per share, Manappuram Finance said in a statement. The transaction also triggers a mandatory open offer for the purchase of an additional 26 per cent stake from public shareholders at Rs 236 per share, in accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, it said. With this ...

RBI allows NBFCs to factor DLG in determining provisions under ECL

RBI allows NBFCs to factor in default loss guarantees from lending apps while computing ECL provisions, tightening uniformity without diluting prudential safeguards

Bank credit growth accelerates to 14.6% in January 31 fortnight: RBI data

Bank credit rises 14.6% year-on-year in fortnight ended January 31, while deposit growth remains firm at 12.5%, RBI data show

RBI allows banks to lend to REITs; bars land acquisition financing

Draft norms cap bank exposure to 49% of REIT asset value and prohibit funding for land acquisition, even if part of a project

MUFG will not need RBI approval to acquire 20% in Shriram Finance

Shriram Finance says RBI has confirmed Japan's MUFG Bank does not require prior approval for proposed 20% stake acquisition

AU gets RBI nod to reappoint CEO Sanjay Agarwal for another 3 years

AU Small Finance Bank secures RBI approval to reappoint Sanjay Agarwal as MD & CEO for three years from April 19, 2026

AU Small Finance Bank gets RBI nod to reappoint Sanjay Agarwal as MD & CEO

AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, on Friday announced RBI's nod for the reappointment of Sanjay Agarwal as its Managing Director & Chief Executive Officer. The reappointment for a further period of 3 years is effective April 19, 2026, the bank said in a statement. This follows earlier approvals from the Board on October 17, 2025, and shareholders on December 26, 2025, subject to RBI's confirmation, it said. Agarwal first became MD of AU Financiers on February 14, 2008, and subsequently MD & CEO of AU Small Finance Bank on April 19, 2017, when the institution transitioned into a bank, it said. Since then, each of his terms -including the ongoing one from April 19, 2023 to April 18, 2026, has been approved by RBI, it said. This latest approval marks his third consecutive RBI-sanctioned term post conversion, underscoring long-term stability, strong ...

Outstanding CP falls Rs 1 trillion since Aug 2025 as CD issuances rise

Investors are moving away from commercial papers towards certificates of deposit as issuances and rates rise, with banks tapping CDs to manage deposit tightness, RBI data show

Nomura drops April rate-cut call on firmer inflation, RBI 'stealth easing'

Last week, Nomura had assigned a 65 per cent probability that ‌the Reserve Bank of India would cut its policy rate by 25 basis points to 5 per cent

Reserve Bank of India moots rules to rein in harsh debt recovery

The proposed norms will come into effect from July 1, 2026. Feedback on the draft may be submitted by March 4, 2026

RBI for inclusion of farm-linked technology innovations as loans

Draft KCC norms seek to include tech innovation costs in farm loans and waive collateral for agricultural credit up to Rs 2 lakh per borrower

An improved index: New CPI will not affect monetary policy in the near term

India's new CPI series modernises inflation measurement, reshapes RBI policy signals, and underscores the need for more market-friendly data release timings

RBI surprises market with aggressive pre-open dollar sales, say bankers

The rupee was headed for a largely flat open before the unexpected intervention, with Asian peers showing little reaction to the upside surprise in US payrolls

New CPI index may give RBI reason to keep interest rates on hold

Although inflation remains well below the Reserve Bank of India's 4 per cent target, the new figures could prompt the central bank to hold off on any further rate cuts and push up bond yields further

RBI looks to ban sales incentive to bank staffers from third party

Draft norms seek to curb mis-selling by barring incentives from third parties, mandating refunds and compensation, and prohibiting use of dark patterns

Digital banking should be clear, unambiguous: RBI deputy governor

Deputy Governor Swaminathan J says banks must design digital journeys that clearly inform customers of authorisations, with transparent terms and predictable responses

Finance Minister Nirmala Sitharaman likely to address RBI board on Feb 23

Finance Minister Nirmala Sitharaman is scheduled to address the Reserve Bank of India's central board on February 23 and highlight key points of the FY27 Budget, including measures to boost manufacturing, and support for agriculture and tourism. The meeting would take place days after the RBI decided to retain the key policy rate at 5.25 per cent with a neutral stance amidst global uncertainties. The post-budget meeting has been scheduled for February 23, where the finance minister will address the board members and talk about announcements made in the Budget 2026-27 that strike a fine balance between growth and fiscal prudence, sources said. It is customary for the finance minister to address the RBI board after the budget. Unveiling her ninth straight Budget in a row on February 1 in the Lok Sabha, Sitharaman said, "Since we assumed office 12 years ago, India's economic trajectory has been marked by stability, fiscal discipline, sustained growth and moderate inflation." The ...

Fall in outward remittances gives temporary relief to India's CAD

Investments in foreign equity/debt only major category with gains

Banks can extend collateral-free loans up to ₹20 lakh to MSEs: RBI

The RBI on Monday said banks can extend collateral-free loans up to Rs 25 lakh to Micro and Small Enterprises (MSEs) units on the basis of their good track record and financial position. The Reserve Bank of India (RBI) has amended the directions related to 'Lending to Micro, Small & Medium Enterprises (MSME) Sector'. The amendments have been carried out to enhance the extant Collateral-Free Loan Limit for Micro and Small Enterprises (MSEs) to Rs 20 lakh, it said. "Banks may, on the basis of good track record and financial position of the MSE units, increase the limit to dispense with the collateral requirement for loans up to Rs 25 lakh as per their internal policy," the RBI said. Also, banks may avail the benefit of Credit Guarantee Scheme cover, where applicable, it added. "However, accepting gold and silver as collateral pledged voluntarily by borrowers for loans sanctioned by the banks upto the collateral-free limit, will not be construed as a violation of the above mandate,"