The meeting is taking place against the backdrop of falling inflation, rising GDP growth, the rupee crossing 90 against the dollar and ongoing geopolitical tensions.
Experts are of the view that the central bank will announce some measures on the liquidity front such as Open Market Operations (OMO) purchases to support banking system liquidity during time when the activity in the forex intervention has increased after rupee crossed 90-mark.
The MPC started its three-day deliberation on the next set of bi-monthly monetary policy on Wednesday.
The central bank accepted the feedback on the ‘gold in raw form’ and have replaced the the term ‘Primary Gold’ as defined under extant regulations.
The central bank said in the absence of explicit legal ring-fencing between a FBB and its HO, it has been decided to retain the draft proposal and reckon such exposures only on gross basis.
The central bank has so far conducted Rs 27,280 crore worth of OMO purchases in the secondary market. According to RBI data, the central bank conducted Rs 14,810 crore OMO purchases between November 10 and November 13, and Rs 12,470 crore between November 4 and November 7.
While government debt remains elevated, falling financing costs, strong nominal GDP growth and improved tax buoyancy have helped stabilise the debt burden and reduce interest payment pressure, a Barclays report has said
The local currency closed at 89.9750 against the US dollar, as compared to 90.4115 at open and 90.1913 at previous close against the greenback.
Built and hosted in India, Artham is designed to understand the structure, vocabulary and regulatory frameworks of domestic financial markets
On December 3, the rupee went past the 90-mark against the US dollar for the first time
According to Bloomberg data, the Indian rupee depreciated 5.06 percent between December 31, 2024, and December 3, 2025. It has become the worst-performing currency among Asian peers.
According to a source, the RBI may have intervened at the certain level of 90.16-90.17 against the US dollar in spot forex market on December 3, and again at 90.27-90.29, to curb sharp depreciation.
The Rupee opened at an all-time low on December 3 and crossed the 90-mark against the US dollar on persistent equity outflows and uncertainty around the India-US trade deal.
As part of Kumbh planning, we are laying six utilities together -- water supply, sewerage, storm water drainage, MNGL gas pipeline, electricity transmission and optical fiber. All will be laid first and then the road will be constructed, Khatri said.
Stalled India-US trade talks and heavy FPI outflows continue to weigh on the rupee despite the weakening of the dollar index
Inflation has eased but remains a tricky pitch for the MPC, when it comes to deciding the course of interest rates
The Reserve Bank had issued the ‘Framework for dealing with Domestic Systemically Important Banks (D-SIBs)’ on July 22, 2014.
The tree cutting plan has triggered protests from local residents and environmental activists, who have questioned the necessity of large-scale tree felling and demanded alternative arrangements that would minimise ecological damage.
On December 1, Nashik Municipal Corporation listed its bonds on the National Stock Exchange of India (NSE).
A prolonged clean-up of corporate balance sheets, competition from the government-backed so-called bad bank, and the sharp rise in stress within unsecured retail and small-business lending have together pushed ARCs into the non-corporate bad debt segment.
Fadnavis called it the 'right time' to unlock value in government entities and corporations, and the listings will be carried out in a phased manner to ensure a smooth transition to the market.
The sale includes a base offer of 5% with an option to sell an additional 1%. Bidding will open for non-retail investors on December 2, while retail investors can participate on December 3.
The strategy has been framed under the aegis of the Technical Group on Financial Inclusion and Financial Literacy following country-wide discussions with various stakeholders by the RBI and other stakeholders.
Swaminathan said the banking risk landscape has become more complex with the emergence of cyber, climate and reputational risks alongside traditional credit and market risks.
Unions say legal recognition means little without actual schemes, contributions and registration, leaving gig workers without enforceable social security
