Page 7 - Reserve Bank Of India

ECL framework to improve banks' overall credit culture: Indian Bank CEO

We are targeting double-digit growth of 13-15 per cent in the next two years, and in the last two years, we have grown more than that, said Indian Bank's CEO Binod Kumar

Global banks bet billions on deals in India amid US credit jitters

Foreign investors are pouring billions into Indian banks, betting on the country's growth and stability even as global peers grapple with credit losses, trade tensions, and rising financial risks

Emirates NBD is here for 15-20 years: RBL Bank CEO R Subramaniakumar

The $3 billion deal marks the largest cross-border investment in an Indian private lender, with plans to double RBL's branch network and boost market share

Scope for providing more monetary boost to growth: MPC member Ram Singh

Ram Singh signals potential for multiple rate cuts in FY26-FY27, citing low inflation and scope for accommodative monetary policy to support growth

Yields unlikely to drop sharply; favour short-to-medium bonds: Avnish Jain

25-bps rate cut by December looks likely, but RBI's neutral stance and global uncertainties mean yields may not fall sharply, says Jain

Credit growth inches up to 11.4% in October 3 fortnight: RBI data

Data from the RBI show outstanding credit in the system stood at Rs 192.66 trillion, while deposits stood at Rs 240.98 trillion.

Bank Holiday on Diwali 2025: Check state-wise list of bank closures

Diwali, a five-day festival beginning with Dhanteras on October 18 and ending with Bhai Dooj on October 23, will also bring several bank holidays across states during the festive week

RBI initiatives helping cross-border trade, payments: Governor Malhotra

RBI Governor Sanjay Malhotra said linking UPI with global fast payment systems and building sovereign platforms will boost cross-border trade, improve efficiency, and lower costs

Tata Sons may seek similar relief from RBI as Shanghvi Finance: Lawyers

Tata Sons, meanwhile, repaid ₹20,642 crore in FY23 to become a net debt-free company before seeking declassification as an NBFC, according to its annual report

RBI doesn't target any specific level of rupee: RBI Gov Sanjay Malhotra

Inflation targeting framework improved credibility, transparency of monetary policy

MPC Minutes: Members see scope for more rate cuts, await full impact

MPC members see room for easing as inflation cools, but hold rates steady to gauge the full impact of earlier policy steps

RBI's liquidity boost falters amid FX market intervention, say analysts

In June, the central bank announced a phased 100-basis-points CRR cut from September to November to release about ₹2.5 trillion ($28.3 billion)

ULI 'turning point' in providing affordable credit: RBI deputy governor

Upcoming digital platform has the potential to achieve transformative impact of UPI, says Swaminathan J

A fine balance for fintech as investors put compliance ahead of valuation

Industry that was touted to overtake legacy banks and financial institutions gets wake-up call

RBI may allow Emirates NBD to acquire controlling stake in RBL Bank

While India allows 74% foreign investment in private banks, the shareholding of a single foreign institution is limited to 15% by the RBI unless the regulator gives exceptional approval

Rupee recovers from near all-time low on likely intervention by RBI

The local currency settled almost flat at 88.68 per dollar against the previous close of 88.69 per dollar after a choppy trade during the day

High-level panel to review RBI advisory on EPFO's investment practices

The committee with members from RBI, Labour and Finance Ministries will draft a roadmap to improve EPFO's fund management and accounting practices

To build a developed India, RBI must move beyond micromanagement

RBI eases forex compliance: exporters and importers can reconcile smaller bills, merchant traders get longer timelines, and rupee vostro accounts gain investment flexibility

RBI consolidates regulatory norms into 238 master circulars, repeals 9,000

The central bank streamlines regulatory framework across 11 entity types and 30 thematic areas to simplify compliance and improve clarity for the financial sector

Recent RBI policies to help banks stay at equilibrium: K V Kamath

Jio Financial Services Chairman K V Kamath says RBI's latest measures will restore equilibrium in bank lending and boost corporate credit growth