Reserve Bank Of India

The moves helped steady the currency as it neared its September record low of 88.8050 per dollar

RBI approves appointment of veteran banker S Krishnan as chairman of J&K Bank

Krishnan, currently an independent director on the board of Srinagar-headquartered bank, served as MD & CEO of state-owned Punjab & Sind Bank.

India's record low retail inflation in Oct opens space for rate cut if H2FY26 growth weakens

India’s retail inflation eased sharply to 0.25 percent in October, its lowest level in the current series that began in 2013, down from 1.44 percent in September.

Banking system liquidity gains wiped out by RBI’s forex intervention, credit growth

Even as factors such as currency in circulation increase, forex interventions and increase in credit demand have been major drivers of a reduction in systemic liquidity. That said, liquidity still remained in the surplus zone -- at around Rs 2.11 lakh crore -- resulting in money market rates staying in the lower end of the curve.

Can banks absorb a rate cut in December?

According to Ace Equity data, state-owned lenders have seen a 6-60 bps reduction in NIMs between Q4FY25 and Q2FY26. Similarly, private banks saw a reduction in NIMs of 6-41 bps, and small finance banks by 10-8 bps.

RBI recognizes Self-Regulated PSO Association as SRO for Payment System Operators

The omnibus framework contains broad parameters such as objectives, responsibilities, eligibility criteria, governance standards, application process and other basic conditions for grant of recognition, which will be common for any SRO proposed to be recognized by the Reserve Bank.

GDP for H1FY26 seen at 7.4 percent with full-year growth at 6.8 percent, says UBS note

UBS expects India's nominal GDP growth to decelerate to 8.5 percent in FY26, lowest since FY20 (excluding the pandemic), with space for another 25 bps rate cut by the Reserve Bank (RBI) in FY26, before a pause in FY27.

Indian rupee opens flat on support from Trump’s trade optimism

Amid the ongoing India-US trade deal negotiations, President Donald Trump on Tuesday said that they are going to "bring down the tariffs" imposed on New Delhi.

All you need to know about Non-Deliverable Forward market

NDFs are commonly used by investors to mitigate currency risk in emerging market economies, when the underlying currency is volatile.

RBI ramps up defence of rupee near record lows, curbs excess volatility

Market participants said such operations reflect the RBI’s intent to smooth volatility rather than defend any specific level of the currency, ensuring stability amid periods of excess speculative pressure.

Banks' CD issuances fell sharply by 58 percent in October on comfortable liquidity

Punjab National Bank, SIDBI, Axis Bank, IDFC First Bank and Bank of India remained top five issuers in October raising around Rs 37,490 crore.

Benign CPI inflation revives rate cut hopes, RBI to weigh growth data before decision

According to economists, the recent easing of inflation cannot be interpreted as a signal of weak demand or an imminent growth slowdown. The drop in inflation is likely due to supply-side improvements and favourable base effect rather than a broad-based economic slowdown.

Removal of restrictions on banks for acquisition financing to benefit real economy, says RBI Governor

On October 1, RBI proposed to provide an enabling framework for banks to finance acquisitions by Indian corporates

India needs ‘big and world class’ banks, work on PSB consolidation has begun: FM Sitharaman

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.

Rupee opens 13 paise up at 88.52 against dollar tracking gains in Asian currencies

The rupee is expected to move in the 88.40-88.90 range, depending on how the RBI takes the currency forward, experts say

November blues: Rupee likely to trade close to 89 amid trade uncertainty, strong dollar

On November 4, the RBI intervened in the NDF market to defend rupee from touching record low

SBI maintain 20% of GDP as asset portfolio, aims to grow to 25%, says Chairman CS Setty

Setty added that after several quarters of muted activity, corporate loan growth has started to pick up, buoyed by a strong pipeline and improving credit demand. Setty said that while there were sizeable prepayments in recent quarters partly due to the lender’s decision not to match aggressive pricing and partly because several corporates chose to repay loans using surplus cash the outlook has turned positive.

Bank Holiday today on November 5: Banks to remain shut on Guru Nanak Jayanti/Kartika Purnima in these cities - Check full RBI list

Bank Holiday on November 5: The holiday calendar published by the Reserve Bank of India at the beginning of the year is the primary source of all bank closure schedule in the country.

Rupee appreciates most in over two weeks on likely RBI intervention in NDF market

The local currency has remained towards 88.70 in the last few weeks amid pressure from the Asian currencies.

Why banks are finding borrowing via TREPS more attractive over RBI’s VRR auctions

Market participants have said that the narrowing rate differential between TREPS and RBI’s VRR auctions has made the former route a more attractive option.

Rupee opens 9 paise up at 88.61/USD on Asian cues

Asian currencies were mostly higher on Friday, with the offshore Chinese yuan at 7.11 to the U.S. dollar

FOMC rate cut gives RBI MPC further room, but policy action seen hinging on growth-inflation outlook

US Federal Reserve’s by 25 bps rate cut has increased the scope for policy flexibility for emerging markets like India, however, economists believe the Reserve Bank of India (RBI) will keep its focus on growth and inflation in framing the policy stance at the upcoming December monetary policy meeting.

Exchange rate is not a policy tool to fight tariffs, says RBI deputy governor

The exchange rate does not serve as a policy tool in a market where its level is determined by market forces, RBI's Poonam Gupta said at an event in Mumbai

Reserve Bank of India hastens repatriation of gold held abroad

The Reserve Bank of India brought back nearly 64 tons of gold in the first six months of the financial year that began in April

Rupee opens 1 paise higher at 87.86/USD as Asian currencies gain

Currency experts said traders will monitor the US Federal Reserve’s commentary following a widely anticipated rate cut and the magnitude of overseas fund flows.