Page 6 - Reserve Bank Of India

RBI action on Paytm Payments Bank: What it means for One97's strategy

RBI's revocation of Paytm Payments Bank licence raises questions on governance lapses and what it means for One97 Communications' ambition to build a full-stack financial services platform

Nifty PSU Bank slips 2%; Canara, BoI dip 3%; why are bank stocks falling?

The RBI has issued final guidelines for transitioning to an Expected Credit Loss (ECL) framework, effective April 1, 2027, largely in line with the earlier draft.

MobiKwik gets RBI's nod for non-banking financial company licence

The licence will allow MobiKwik to launch a lending arm, Mobikwik Financial Services, expanding its regulated credit offering

RBI cancels Paytm Payments Bank licence; cites governance lapses

Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court

Bank credit grows by 15% in April 15 fortnight, shows RBI data

In the fortnight, credit contracted by 2.1 per cent or Rs 4.39 trillion, while deposits contracted by 2.2 per cent YoY or Rs 5.81 trillion

NBFCs seek access to fraud registry, but may need amendment to RBI Act

Non-banking financial companies seek access to RBI's central fraud registry, arguing that limited access raises fraud risks as lending partnerships with banks deepen

Best of BS Opinion: Leadership change at US Fed will test global markets

From leadership shifts at the US Federal Reserve and Apple to rupee management, GST rate cuts and climate discourse, today's Opinion page captures key economic and policy debates

West Asia crisis: Supply woes could trigger demand shock, says RBI Bulletin

War, weak monsoon raise upside risks to inflation

Outward remittances under RBI's LRS rise 19.06% in February 2026

India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued

RBI net-bought $7.4 bn in Feb, highest since March 2025: Bulletin

During the reported month, the RBI bought $21.4 billion, while it sold $13.99 billion. The central bank had net bought $2.53 billion in January

But for the RBI's management, rupee would have been far more volatile

Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI's role and India's external stability strategy

External debt and inflation within target: RBI governor Sanjay Malhotra

Malhotra further highlighted India's continued commitment to regulatory reforms and enhanced ease of access and operations for foreign investors

RBI approves Vivek Tripathi's elevation as whole-time director of AU SFB

RBI clears Vivek Tripathi as whole-time director of AU SFB, as the lender gears up for growth and a potential transition to a universal bank

Flow in NRI deposits drops 24% to $11.04 bn in Apr-Feb 2026: RBI data

The total outstanding NRI deposits stood at $167.58 billion as of the end of February 2026

West Asia war, supply issues may pose challenges to economy: RBI Bulletin

Persistent conflict in West Asia and supply chain disruptions could pose challenges to the domestic economy in the form of higher energy costs, input cost pressures, disruption in trade flows and financial market spillovers, an RBI bulletin said on Thursday. The conflict in West Asia has intensified pressures on the global supply chains in March with some easing observed in the first half of April, said an article on 'State of the Economy' published in the Reserve Bank's April bulletin. Domestic economic activity displayed resilience in many segments, with a slowdown in a few others, it said. The intensity and duration of the conflict, as well as the resultant damage to energy and other infrastructure, add risk to the inflation and growth outlook, it added. "If the conflict persists and supply chains are not restored early, it may create challenges to the domestic economy in the form of higher energy costs, input cost pressures, disruption in trade flows and financial market ...

RBI net buys $7.41 billion in forex market in February, shows bulletin

During the month, the RBI purchased $21.4 billion and sold $13.99 billion. In January, it had net bought $2.5 billion

RBI draft norms recast PPI rules, tighten limits and interoperability

RBI proposes new PPI norms to tighten risk controls, enable interoperability with UPI and cards, and streamline wallet classification

FDI firms' net sales growth slows to 8.7% in FY25 from 9.4%: RBI data

Net sales growth of the select FDI companies moderated to 8.7 per cent in 2024-25 from 9.4 per cent in the previous year, according to the RBI data on finances of foreign direct investment firms. The central bank on Wednesday released the data relating to the financial performance of non-government non-financial (NGNF) foreign direct investment (FDI) companies in India during 2024-25 based on audited annual accounts of 3,100 companies, which reported in the Indian Accounting Standards (Ind-AS) format. "Industry wise, net sales growth of services sector marginally increased to 12.7 per cent from 12.2 per cent in the previous year, while for manufacturing sector it decelerated to 5.1 per cent from 6.8 per cent in the previous year," the RBI said. Companies with direct investment from Singapore, the US and Mauritius accounted for more than half of the sample companies. Japan, the Netherlands and the UK were other major direct investment sources in India. Majority of the sample compani

West Asia conflict prompted MPC status quo, flag external sector risks

RBI holds rates amid West Asia risks, as MPC flags inflation, supply shocks, and external pressures while maintaining a cautious growth outlook

RBI proposes measures to strengthen Prepaid Payment Instruments framework

The RBI on Wednesday proposed several measures to develop a more conducive framework for the long-term growth of Prepaid Payment Instruments (PPIs), including enhanced transaction security and clearer rules on refunds and grievance redressal. PPI is a payment instrument in which money is loaded and which facilitates subsequent transactions utilising the fund. These instruments are categorised as general purpose PPI, gift PPI, transit PPI, PPI for NRIs, besides certain other specific purpose PPI. RBI said that as part of its continued efforts to develop a conducive framework for long-term growth of PPIs with enhanced security of transactions, a comprehensive review of the extant guidelines has been undertaken. Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026. A bank permitted by RBI to issue debit cards can issue PPIs, with prior intimation to the Department of Payment and Settlement Systems (DPSS), Central ..