RBI allows AD banks to extend rupee loans in Bhutan, Nepal, Sri Lanka
The MPC also announced additional measures, including the inclusion of select currencies of India’s major trading partners in the list of reference rates published by Financial Benchmarks India Ltd
RBI proposes enabling framework for banks to finance acquisitions by Indian corporates
The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5 percent on October 1, for the second time in a row.
Rural inflation expected to ease as consumer confidence improves: RBI MPC
According to a RBI report, households in rural and semi-urban areas reported a slight uptick in their current perception of inflation, which rose by 10 bps to 5.9 percent compared with the previous round of surveys.
RBI proposes revamped ECB framework to expand access, ease restrictions and simplify rules
The RBI’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.5 percent on October 1, second time in a row.
RBI plans AI-driven digital payments intelligence platform to flag risky transactions
RBI extends repatriation deadline for export proceeds held in IFSC accounts to 3 months
In January, the RBI permitted Indian exporters to open foreign currency accounts with a bank outside India for realisation of export proceeds
RBI to introduce risk-based deposit insurance premium; flat rate to act as ceiling
The proposed move, which won't change the insurance cover limit, aims to align India’s system with international practices, where deposit insurers use risk-based premiums to encourage prudent financial management
RBI's draft norms for standardised approach to credit risk coming soon
The revised framework aims to improve the robustness, granularity and risk sensitivity of the standardized approach for calculating the capital charge for credit risk. The draft guidelines shall be issued shortly, RBI Governor said.
RBI's ECL norms to improve risk management of loans set to kick in from April 2027
The guidelines are expected to enhance credit risk management practices, promote better comparability of reported financials across institutions, RBI said.
RBI MPC maintains status quo, keeps repo rate unchanged at 5.5%
The MPC considered it prudent to wait for impact of policy actions to play our before charting the next policy action.
10-year bond yield opens flat ahead of RBI’s monetary policy decision
MPC is likely to maintain the status quo on interest rates in its October review, a Moneycontrol poll of 15 economists, bank treasury heads and fund managers has found.
Rupee almost flat ahead of RBI’s rate decision
A day earlier, the rupee sank to a record low of 88.8850 against the US dollar amid persistent selling by foreign investors
Will RBI go for a 25 bps cut? Five factors to track in the October MPC review
Barclays said in a note that after a neutral pause in August, it sees the RBI MPC cutting policy repo rate by 25 bps on October 1, acknowledging that it is a close call versus a scenario of a dovish pause followed by a December cut.
Bankers don't see fresh liquidity measures by RBI at the October MPC review
Currently, the liquidity in the banking system is in surplus of around Rs 55,005.69 crore as on September 29, according to RBI’s data.
HDFC Bank’s Parag Rao superannuates this week; portfolio to be spilt into smaller functions
The bank has a superannuation policy of 60 years for its employees, though exceptions are said to be have been made on a case-to-case basis
Indian rupee hits new record low, ends 2 paise down amid persistent FII selling in equities
The domestic currency hit record low of 88.8850 against the US dollar, and then ended at 88.7888 against the greenback, as compared to 88.7612 at previous close.
RBI’s revised liquidity management framework retains call rate as operating anchor of monetary policy
The revised framework was released based on the recommendations of Internal Working Group (IWG) and after considering the feedback received from various stakeholders.
Acko Life CEO Sandip Goenka steps down
Goenka, who took charge on October 15, 2024, stepped down from the role this month, ending an 11-month tenure at the company
RBI monetary policy committee: Why jump the gun?
There is scope for 20-30 bps increase in the official FY26 growth forecast and a downward revision of a similar magnitude to inflation.
Would it benefit the economy if RBI surprises market with a rate cut in October policy?
The MPC meeting which has started on September 29, will deliver its decision on the rate action on October 1.
Indian rupee opens 6 paise higher ahead of RBI policy, outperforms weak Asian currencies
Moneycontrol's poll of economist, treasury heads, and fund managers showed that the Reserve Bank of India’s monetary policy committee (MPC) is likely to maintain the status quo on interest rates in its October review.
RBI MPC meet: A pause is most likely
The GST cuts announced, however, changes the view now. With these cuts expected to raise consumption, there would be a tendency for capacity utilisation to improve leading to higher investment. A rate cut can then be justified on grounds of supporting growth.
This year, priority is smooth merger integration, before we accelerate loan growth again: Tata Capital's Rajiv Sabharwal
Going forward, the board will decide the best way to raise money, be it through rights issues or other routes, Sabharwal said.
Battle for India’s largest mid-sized bank intensifies
While the top 3 private lenders HDFC Bank, ICICI Bank, and Axis Bank have stayed steady for over a decade, most of the action in the pecking order has been in the mid-tier where banks have swapped ranks in a tight contest
