Page 8 - Reserve Bank Of India

India, UK can set benchmarks for inclusion, trust: RBI Governor Malhotra

RBI Governor Sanjay Malhotra says collaboration between India and the UK can drive innovation, inclusion, and trust in digital finance beyond bilateral benefits

Shirish Chandra Murmu takes charge as RBI deputy governor for three years

Murmu was an executive director of the RBI before being elevated to the post of deputy governor. He succeeds M Rajeshwar Rao, who completed his term

RBI appoints Sanjay Kumar Hansda as new Executive Director from March

Hansda, who recently returned from the IMF after serving as Senior Advisor, will head RBI's Department of Economic and Policy Research from March 2025

Banks may post subdued quarterly results amid rate cuts, weak loan demand

Analysts forecast private banks to post a year-on-year decline in profit in the September quarter, while net interest income (NII) may see only a marginal uptick

ECL transition time will ensure limited impact on banks: SBI chairman

C S Setty says extended transition will cushion banks from ECL shock, stresses need for stronger collections before expanding UPI-based credit products

Bank holiday today: Are banks open or shut for Valmiki Jayanti? Know more

Bank Holiday: Banks in several cities like Bengaluru, Chandigarh, Bhubneshwar, and Shimla are shut today, Oct 7, on account of Maharshi Valmiki Jayanti/Kumar Purnima

India remains anchor of stability in volatile world: RBI Guv Malhotra

India's macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve Bank Governor Sanjay Malhotra said on Friday. Speaking at Kautilya Economic Conclave 2025 here, the governor attributed the country's strong fundamentals to low inflation, good foreign exchange reserves, a narrow current account deficit, and the very strong balance sheets of our banks and corporates. "It is the combined efforts of the government's policy makers, regulators, and regulated entities. All in all, despite recent odds, the economy seems well settled into an equilibrium of resilient growth. This is quite a feat...makes India stand out as an anchor of stability in a volatile world," Malhotra said.

How much gold does the RBI hold in its vaults? Here's a sneak peak

Central banks, WGC said, added a net 15 tonnes to global gold reserves in August, based on reported data from both the IMF and respective central banks.

Loan against shares: Have emergency funds ready to handle margin calls

Borrow 20-30% below maximum eligibility to avoid frequent margin calls

RBI eases compliance burden; gives extra time for merchant payments

In another decision, the RBI eased the compliance requirements for small value exporters and importers

Practical pause: Regulatory interventions will help ease of doing business

On balance, the proposed regulatory intervention will improve the ease of doing business for banks without losing sight of banking and financial stability

RBI's decision on listing Tata Sons would offer clarity on way forward

If you look at it more closely, 2022 to 2025 is a long time in the history of the Tata group with a lot changing in these intervening years

Higher-rated banks to pay less premium under RBI's proposed model

RBI has proposed a risk-based deposit insurance premium model from FY27 with the flat rate as the ceiling, lowering costs for stronger banks while improving risk management

RBI to issue draft framework easing ECB norms, widens eligibility scope

RBI will release a draft framework to simplify ECB rules with wider borrower and lender eligibility, relaxed limits, eased reporting, and extended IFSC repatriation timeline

RBI allows Indian lenders to fund acquisitions of Indian corporates

RBI permits banks to finance mergers and acquisitions of Indian corporates, expanding capital market lending opportunities but raising concerns over leverage and ALM risks

RBI MPC presser highlights: Low inflation opens up space for monetary policy easing, says governor

RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here

Stable repo rates expected to boost commercial realty developments

Predictable borrowing costs and GST reforms are expected to boost commercial real estate, housing demand and investor sentiment during the festive season across India

No plan to impose any charges on UPI transactions: RBI Guv Malhotra

RBI Governor Sanjay Malhotra said the central bank is not considering imposing any charges on UPI transactions or the platforms

RBI unveils measures to support exporters amid 50% US tariff impact

The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian shipments. The measures include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," said RBI Governor Sanjay Malhotra, while announcing steps to further strengthen the sector and enhance ease of doing business for traders. One of the key measures is the extension of the time period for repatriation from foreign currency accounts of Indian exporters in IFSC, from one month to three months. In January 2025, the RBI had permitted Indian exporters to open foreign currency accounts with a bank outside India for the realisation of export proceeds. Funds in these accounts can be used for making import payments or have to be repatriated by the end of next month from the date of receipt of the funds. "It has now been decided to extend

ECL framework proposed to be implemented from April 1, 2027: RBI Guv

To enhance the resilience of the financial sector, the Reserve Bank on Wednesday announced that the expected credit loss (ECL) framework for provisioning is proposed to be made applicable to all financial institutions from April 1, 2027. Announcing the fourth bi-monthly monetary policy, RBI Governor Sanjay Malhotra said the ECL framework of provisioning with prudential floors is proposed to be made applicable to all Scheduled Commercial Banks (excluding Small Finance Banks (SFBs), Payment Banks (PBs), Regional Rural Banks(RRBs)) and All India Financial Institutions (AIFIs) with effect from April 1, 2027. "They will be given a glide path (till March 31, 2031) to smoothen the one-time impact of higher provisioning, if any, on their existing books," he said. The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, he added. In January 2023, the RBI came out with draft guidelines for the adoption o