The Reserve Bank of India (RBI) was established on April 1 1935 and is the country’s central bank that is responsible for creating financial stability and regulating the country’s currency and credit systems. RBI was established under the Reserve Bank of India Act. It is responsible for regulating the Indian banking system and also managing the country’s main payment systems. Under a specialized division of the RBI- Bharatiya Reserve Bank Note Mudran- it also mints Indian banknotes and coins. Under the Foreign Exchange Management Act 1999, the RBI also manages all the foreign exchange. It facilitates external trade and payments to promote the development of the foreign exchange market in India. Until the Monetary Policy Committee was established in 2016, it also had full control over monetary policy in the country. A 23 member central board of directors are heading the RBI. This includes the governor, four deputy governors, two finance ministry representatives (usually the Economic Affairs Secretary and the Financial Services Secretary), ten government nominated directors and four directors who represent local boards of Mumbai, Kolkata, Chennai and Delhi. Each of these local boards consists of five members who represent regional interests and the interests of co-operative and indigenous banks. More
Investors who subscribed at the issue price of Rs 2,951 per gram (the original issue price for this tranche), will receive the maturity amount directly into their linked bank accounts.
Economists predict another big miss in the current quarter after a surprisingly low inflation print in October
SGB holders can opt for early redemption after the fifth year from the date of issue, but only on an interest payment date. The upcoming redemption window meets this criterion.
Sovereign Gold Bond (SGB) 2020-21 Series-VIII bonds were originally issued on November 18, 2020 under the Government of India notification F.No.4(4)-B(W&M)/2020.
By targeting 20 export-intensive sectors, the RBI’s latest move shields industries under tariff assault but lenders now face an even more nuanced risk map
Central government is likely to borrow around Rs 1 lakh crore every month until February 2026, with a smaller amount expected in March, a report said
The central bank’s lifeline to exporters may be timely, but it leaves lenders navigating a far riskier horizon.
The central bank has spelt out the 20 sectors that would be eligible for the moratorium, which includes organics chemicals, plastics, apparels, and footwear.
Krishnan, currently an independent director on the board of Srinagar-headquartered bank, served as MD & CEO of state-owned Punjab & Sind Bank.
Since this particular series was issued on November 13, 2018, the upcoming redemption date marks one of the scheduled early exit opportunities.
They also urged to make it compulsory for all loans below Rs 50 lakh or Rs 1 crore to be covered under the collateral-free guarantee mechanism for MSMEs.
The bonds were designed to mature after eight years, meaning investors will now receive their final payout exactly on the maturity date.
The Reserve Bank Innovation Hub (RBIH) is developing the Digital Payments Intelligence Platform (DPIP) to assign real-time risk scores to every transaction, aiming to strengthen fraud detection and bolster India’s digital payment security.
A new set of guidelines outlining the procedures for taking gold and silver as collateral has been released by the central bank under the Reserve Bank of India (Gold and Silver (Loans) Directions, 2025).
This capability aligns closely with the UPI Circle initiative launched by NPCI, enabling youngsters to make UPI payments using their parents’ linked UPI accounts - fostering financial literacy through real-world money management
For a country where inflation is measured first in tomatoes and onions and only later in spreadsheets, this counts as genuine relief.
Governor Malhotra says guardrails are in place and judgement should rest with banks. History suggests judgement, not regulation, will decide the outcome.
On October 15, Moneycontrol have reported that India's banking sector is headed for another round of public sector bank consolidation with the government working on a mega merger that could see smaller lenders being merged with larger banks.
The government is also seeking a majority investor in state-owned IDBI Bank, expecting to conclude that process by end of March 2026.
We have seen the system slip into meaningful deficit episodes this quarter
For this tranche, the average was calculated using gold prices from October 30, October 31, and November 3, 2025, resulting in the redemption rate of Rs12,039 per gram.
The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023. Rs 2,000 banknotes continue to be legal tender.
Capital, equity, etc. are not concerns of RBI was the view that the central bank seemed to hold for a long time. The new regime and its thinking is proving this belief wrong, making for a welcome change
Industry body warns of duopoly as UPI processing reaches 19.6 billion transactions in September
Eligible investors will be able to redeem their bonds on October 30, 2025, marking five years since the bond's original issue date of October 30, 2019.