Page 9 - Reserve Bank Of India

Stellar growth, low inflation raise questions over need for RBI rate cuts

India's economy expanded at a sharper-than-expected clip of 8.2 per cent in the July-September quarter, prompting analysts to raise their full-year growth estimates to above 7 per cent

RBI's MPC likely to hold steady on rate, keep neutral stance: BS Poll

OMOs for liquidity infusion expected, say economists

'RBI may cut interest rate by 25 bps amid subdued inflation, strong GDP'

The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are subdued, though some experts believe the central bank is likely to keep the rate unchanged in the backdrop of better-than-expected GDP growth of 8.2 per cent in the second quarter. The consumer price index (CPI) based headline retail inflation is ruling below the 2 per cent lower band mandated by the government for the last two months. Some experts, however, believe that the RBI may continue with the pause on interest rates as economic growth has picked up, sustained by fiscal consolidation, targeted public investment, and various reforms, such as the GST rate cut. The Monetary Policy Committee meeting is scheduled from December 3-5, 2025. RBI Governor Sanjay Malhotra is scheduled to announce the decision of rate-setting panel on December 5. The central bank started its rate-easing cycle in February last year. It has cumulatively reduced the repo rate by

Reserve Bank of India subsumes over 9K norms into 244 master directions

Move aims to ease compliance burden for regulated entities

India's new GDP series in February 2026 to spur IMF rating upgrade

The IMF has 'assured' that its 'C' rating for India's national accounts data will be reassessed once the new gdp series is released in feb 2026

Digital banking cannot be made mandatory to access other services: RBI

RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls

RBI Deputy Governor Swaminathan urges MFI lenders to review pricing

At an MFIN event in Mumbai, RBI Deputy Governor Swaminathan J. said microfinance lenders must ensure pricing reflects cost and risk, improve borrower assessments

RBI expected to cut interest rate to 5.25% as inflation drops: Poll

RBI Governor Sanjay Malhotra said this week that recent economic data suggested there was still scope to cut interest rates

Paytm gets final nod from RBI to operate as a payment aggregator

PPSL, a subsidiary of One 97 Communications, has received RBI's final authorisation to operate as a payment aggregator, enabling unrestricted merchant onboarding after earlier curbs were lifted

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