Page 48 - Reserve Bank Of India

RBI grants only one-year extension to IndusInd Bank CEO Sumant Kathpalia

IndusInd Bank's board had sought a three-year reappointment from RBI

RBI's buy-sell swap strategy incentivising corporates to raise funds abroad

Firms may tap overseas mkt to raise funds

Why RBI's new Governor Sanjay Malhotra must ease credit, but not too much

Effective April 1, banks will set aside less capital on loans to better-rated nonbanking financial companies

RBI's fresh liquidity measures aimed at facilitating rate transmission

The RBI's active intervention in the foreign exchange market to avoid sharp decline in rupee against the dollar has been weighing on the banking system liquidity

RBI's liquidity push aids sentiment, drives bond yields to 1-month low

The RBI said it will infuse over $21 billion of rupee liquidity into the banking system to ease lending conditions and support economic growth

RBI set to ask lenders to tighten gold loan processes, monitor fund usage

The Reserve Bank of India wants banks and non-banks to also bolster background checks on borrowers and ascertain the ownership of the gold that is being mortgaged

RBI Guv Sanjay Malhotra vows consultative approach with fintech firms

Malhotra's latest comments will likely provide relief to the industry hit hard by a crackdown on errant firms under his predecessor Shaktikanta Das

Markets Today: Trump tariff concessions; RBI; FIIs; NAPS Global IPO Day 3

In the previous session, equity markets logged their biggest single-day gain in a month, aiding Nifty50 to end its record 10-day losing streak. The Nifty settled at 22,337.30, up 254.65 pts or 1.15%

Rupee records highest single day gain in three weeks; settles at 86.96

The dollar index dropped 0.6 per cent to 104.9, its lowest level since November 2024, amid concerns over the US growth outlook and uncertainty about the impact of trade tariffs on growth and inflation

Reserve Bank appoints Ajit Ratnakar Joshi as new executive director

Ajit Ratnakar Joshi was serving as Principal Adviser in Department of Statistics and Information Management

RBI advises NBFCs to curb perpetual credit lines over risk concerns

The RBI has cautioned NBFCs on perpetual credit lines, citing risks of loan evergreening and financial instability, urging lenders to slow down issuance of such flexible credit products

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore

The acquisition is subject to the approval of the RBI and is expected to be completed within 45 days post receipt of RBI approval

Tata Capital seeks approval for related party deals with Tata Steel, TCS

Under the factoring arrangement, Tata Steel discounts its sales receivables with Tata Capital (TCL) arising from goods sold on credit to customers

IIFL Finance accepts $100 million in reissue of 8.75% 2028 dollar bonds

The company initially sold the notes, which had a maturity of three years and six months, in January, raising $325 million

Have sufficient liquidity to support growth: PNB MD & CEO Ashok Chandra

We will take initiatives on Casa next financial year, says Ashok Chandra

RBI deputy guv Swaminathan J moots empathetic stance for stressed MSMEs

Additionally, he highlighted the need for digital solutions, alternative credit assessment models, and greater participation in platforms like TReDS by lenders to mitigate the funding challenges

RBI records forward dollar position undermines forex reserves comfort

The RBI's net short dollar position in forwards and futures hit a record high of $77.5 billion in January 2025, as per data released after market hours on Friday

98.18% of Rs 2,000 notes returned, Rs 6,471 cr worth still with public: RBI

The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes are still with the public. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, declined to Rs 6,471 crore at the close of business on February 28, 2025, RBI said. "Thus, 98.18 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned," it said in a statement. The facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches till October 7, 2023. However, this facility is still available at the 19 issue offices of the Reserve Bank. Since October 9, 2023, RBI issue offices are also accepting Rs 2000 banknotes from individuals and entities for deposit into their bank

RBI imposes penalty on HSBC, IIFL Samasta Finance for violating norms

With reference to HSBC's financial position as on March 31, 2023, RBI found that the bank had outsourced the disposal or closure of anti-money laundering (AML) alerts to a group company

RBI relaxing risk weights to release Rs 40,000 cr capital for banks

Bandhan Bank and IndusInd Bank likely to be biggest beneficiaries of the moves since both have high microfinance exposure