Page 4 - Reserve Bank Of India

Sharp fall in inflation strengthens case for RBI to ease rates again

The MPC reduced the policy repo rate by 100 basis points this year, and its decision in the December meeting will depend largely on how it expects the inflation rate to evolve in the coming quarters

SBI confident of 3% NIM even if RBI cuts rate next week: Chairman Setty

State Bank of India is confident of achieving its 3 per cent net interest margin guidance even if the Reserve Bank decides to cut the repo rate by 0.25 per cent in next week's monetary policy review, Chairman C S Setty said. In an interview with PTI, the SBI chairman said that the RBI decision next Friday will be a "close call" and added that the house view at SBI is pointing towards a shallow cut of 0.25 per cent. "...if December rate cut is there, but our house view again is that it would be a shallow rate cut of 0.25 per cent, so it may not have any significant impact on the margins," he said. Earlier this month, before the release of official data pointing to inflation cooling to the lowest ever rate of 0.29 per cent in October, SBI had opined that RBI will opt for a pause in December and cut the interest rate in February. Earlier this week, RBI Governor Sanjay Malhotra said that there is a space for a rate cut and it was mentioned in the last bimonthly policy in October. The

RBI net sells $21.7 billion in H1FY26, against $85.11 billion in H1FY25

During the current financial year, the RBI was a net buyer of the greenback only in May, while it remained a net seller in the other five months

Outward remittances under LRS grew marginally in September: RBI data

Outbound remittances rose slightly to $2.78 bn, even as H1 outflows stayed lower due to weaker education and family transfers

Bank holiday update: Will banks be shut for Shaheedi Diwas on Nov 25?

The Delhi Govt has announced a public holiday on Nov 25 on account of the 350th Shaheedi Diwas. Therefore, many are wondering if banks will also be closed on that day. Let's find out here

RBI comes back swinging to hit brakes on rupee's slide towards 90

The central bank likely sold dollars on the order-matching platform and in the non-deliverable forward market, helping lift sentiment

PSU NBFCs plan to raise up to ₹24,000 crore through bonds next week

PSU NBFCs Nabard, Sidbi, PFC and IRFC will raise up to ₹24,000 crore next week as issuers rush to lock in funds ahead of the RBI's December policy review amid expectations of firming yields

Confident of good trade deal with US, says RBI Governor Sanjay Malhotra

Governor Sanjay Malhotra says the central bank supports innovation but will prioritise systemic stability as crypto decisions rest with the government

RBI plans to conduct 7-day VRR auction Fri to infuse ₹50,000 crore

The RBI's VRR operations are intended to infuse liquidity into the financial system and anchor short-term money market rates closer to the policy repo rate

RBI doesn't target rupee level, fall due to dollar demand: Guv Malhotra

The RBI Governor says rupee's fall is due to dollar demand, not policy moves, assures strong forex buffers and highlights improving strength of Indian banks

Easebuzz secures authorisation to operate as full-stack payment aggregator

Fintech firm Easebuzz has received RBI approval to function as a full-service payment aggregator, enabling online, offline and cross-border payment capabilities across its merchant network

Trai sets deadlines for BFSI to adopt '1600' series for official calls

Trai said the direction has been issued "to enhance consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls"

RBI's inflation model under fire as persistent overestimates draw scrutiny

The central bank's inflation miss in the first three months of the year was 0.7 percentage points - the biggest gap in almost six years, and well above economists' projections

RBI's policy dilemma: To look at inflation or growth for rate action

A forward looking approach would prompt rate cut as H2 GDP growth likely to be softer

The Sixteenth Finance Commission submits its five-year fiscal blueprint

Panel's recommendations sent to PM and finance minister; report to be tabled in Parliament

RBI's export relief may dent dollar flows, pressure rupee, say bankers

The RBI on Friday announced a package of relief measures to help exporters cope with the pressure from US tariffs, including extending the export realisation window to 15 months from nine

RBI's 10% Tier-I cap on acquisition financing restrictive, say bankers

Experts suggest 30% equity contribution should include preference shares and convertible instruments

Treading with care at a new frontier: RBI cautious on banks' M&A funding

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models

Can banking regulator consider a 'check' tool for online deposit safety?

The Reserve Bank of India has already put in place a detailed fraud risk management framework for all regulated entities

Reserve Bank of India announces relief for exporters amid trade worries

The RBI has extended export credit timelines, eased repayment norms and allowed flexibility in realising proceeds to help exporters cope with disruptions triggered by US tariff action