Page 3 - Reserve Bank

Bank Holidays 2025: Are banks open or closed today on May 9? Know more

Banks in Kolkata (West Bengal), India, will remain shut today, Friday, May 9, 2025, because of Rabindranath Jayanti, as per the Reserve Bank of India's (RBI) holiday calendar for 2025

Speculative, incorrect: Yes Bank denies stake sale reports in clarification

According to reports, SMBC is in talks with the private lender to acquire a little over 20 per cent stake in the bank, which will trigger an open offer to acquire a majority stake in the bank

RBI approves interim leadership team after IndusInd CEO Kathpalia quits

IndusInd Bank CEO Sumant Kathpalia resigned after audit firm Grant Thornton found nearly ₹2,000 crore in losses related to the bank's derivatives portfolio

Ensure liquidity measures transmitted to broader market: RBI Guv to banks

RBI Governor also called banks and primary dealers for their active roles to improve liquidity and pricing for participants like cooperative banks, pension and provident funds with smaller deal sizes

India moves to deepen junk debt market by allowing bad loan securitisation

Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track

Muthoot Finance slips 14% in 2 days on RBI's new rules for gold loans

The Reserve Bank of India has proposed new rules to streamline gold loan practices, aiming to bring more transparency and control as lending in this segment grows rapidly.

Financial inclusion is not a licence to exploit: RBI Deputy Governor

NBFCs pulled up for lax underwriting, steep charges

'I'm not Sanjay from Mahabharat': RBI Governor quips on future rate cuts

RBI MPC reduced the repo rate by 25 basis points to 6 per cent, marking the second cut this year

RBI cuts repo rate by 25 bps to 6%, lowers FY26 GDP growth forecast to 6.5%

RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties

RBI MPC may cut repo rate again: Key terms, projections and what to expect

RBI MPC April meet: The monetary policy committee is expected to do a second rate cut on April 9 and switch to an 'accommodative' stance. What does this mean?

RBI may infuse up to Rs 4 trillion to shield economy from global risks

SBM India estimates that up to Rs 2 trillion could be injected in the first half, adding to an unprecedented $80 billion already pumped in since January

RBI to meet bankers next week to discuss changes in liquidity framework

Reserve Bank of India is scheduled to meet bank economists on April 3 to take feedback on proposed revisions

Govt withdraws gold monetisation scheme, short-term deposits to continue

This decision comes after a comprehensive review of the scheme's performance and evolving market conditions

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 to conduct $10 billion buy/sell swap to infuse durable liquidity

The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO purchases, FX swaps, and longer-duration variable rate repo auctions

Bank holidays 2025: Why will banks be closed on 20 Feb in these states?

On Thursday, February 20, 2025, all banks in these two Northeast states will be closed. Customers will be wondering why has the RBI granted banks a holiday?

Poor governance: RBI replaces New India Co-op Bank's board for 12 months

Customers queued outside New India Cooperative Bank's branches in Mumbai on Friday seeking answers on the abrupt shut down of certain key services

RBI injects $5.1 billion liquidity through oversubscribed FX swap auction

The RBI accepted 28 bids, totaling $5.1 billion, in the auction and the premium cut-off was set at 96.81 paisa, slightly below the prevailing market level before the auction results were announced

Reserve Bank of India tightens vigil on P2P lending after revising rules

Seeks qualitative details about lenders' operations

Reserve Bank of India ombudsman resolves 95% of complaints in FY24

Complaints rise 32 per cent in FY24