It is expected to enhance the transmission of the policy-rate reduction and reduce the cost of funds for the banking system
T Rabi Sankar's appointment comes after Ajay Narayan Jha, one of the full-time members of the commission, stepped down due to personal reasons
Announces staggered CRR reduction of 100 bps
RBI says it is satisfied with IndusInd Bank's accounting clean-up post derivatives irregularities but stresses it will act if necessary and has sharpened supervision tools
Governor Sanjay Malhotra says monetary transmission is already outpacing past trends; FY26 growth projection held at 6.5%, but upside potential remains
The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025
CRR cut to partially offset margin pressure from rate cuts from H2 FY26
The Sensex closed at 82,189, up 747 points (0.9 per cent), while the Nifty 50 index settled at 25,003, gaining 252 points
The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables
RBI Governor Sanjay Malhotra says the central bank is examining bank ownership structure and eligibility norms for licensing to meet the growing needs of an expanding economy
RBI cites non-suitability under current guidelines as reason for turning down Bhubaneswar-based NBFC-MFI's bid for universal bank licence.
RBI Governor Sanjay Malhotra has said there are no plans to raise foreign ownership in banks beyond 15% for now. A review of ownership norms is underway as India needs more banks with credible owners
The RBI reduced the policy repo rate for a third successive time, which was widely expected
RBI MPC meeting June 2025 highlights: MPC felt frontloading of rate cut will boost growth, RBI Governor Sanjay Malhotra said today; catch all the LIVE updates here
The policy outlook will depend on the macro outlook. We see downside risks to the RBI's GDP growth and CPI inflation outlooks, said Nomura, in a note.
RBI Governor Sanjay Malhotra says inflation is under control as repo rate is cut to 5.5%, CRR lowered to 3% and policy stance turned neutral to support growth and banking system liquidity
RBI MPC's latest decisions come amid easing inflationary pressures and continued challenges to economic growth. Here are the highlights from the central bank's June policy meet
RBI Monetary Policy Committee maintained its GDP growth forecast for FY26 at 6.5%, lowered inflation forecast to 3.7%
With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent
RBI policy decision: RBI governor Sanjay Malhotra announced to cut 50 bps repo rate and 100 bps CRR; here's how analysts view the move