The RBI has eased norms for ARCs to settle with defaulters, allowing for quicker recovery of bad debts. New policies simplify the process for smaller loans and delegate decision-ma...
RBI deputy governor Rajeshwar Rao discusses the shift in household savings towards mutual funds and capital markets, highlighting potential impacts on banks' funding costs and depo...
The RBI sold $20 billion from its forex reserves in November to stabilize the rupee, with potential for $138 billion more in sales. Despite significant sales, India's forex reserve...
The Reserve Bank of India (RBI) has announced new rules allowing foreigners to open rupee accounts in overseas Indian banks, aiming to promote the rupee's use in international trad...
The Reserve Bank of India (RBI) maintains its currency market intervention policy to stabilize the rupee amid volatility, despite pressures from the NDF market and a significant dr...
Following Michael Patra's retirement, the RBI has redistributed deputy governor portfolios and is seeking a successor. Patra, a key MPC member since its inception, leaves a legacy ...
The Reserve Bank of India has reorganized the portfolios of its deputy governors following the end of Michael Debabrata Patra's term. M Rajeshwar Rao takes over key departments, ai...
The Reserve Bank of India (RBI) has lifted sanctions on Asirvad Micro Finance and DMI Finance, allowing them to sanction and disburse loans again. This decision follows corrective ...
The Reserve Bank of India is expected to cut policy rates by 50 bps in early 2025 to support economic growth, despite potential short-term impacts on banks' earnings and asset qual...
The Reserve Bank of India introduces new regulations requiring lenders to update credit bureau records every 15 days, aiming to reduce over-leveraging and improve risk assessment f...
The Reserve Bank of India reports that 98.12% of Rs 2000 banknotes have been returned, with Rs 6,691 crore still in public hands. The RBI continues to accept these notes at its iss...
The Reserve Bank of India plans to auction government bonds worth Rs 4.73 lakh crore in the March 2025 quarter to support State Governments and Union Territories. This strategic mo...
The Reserve Bank of India mandates banks to implement a beneficiary name verification system for RTGS and NEFT transfers by April 2025, enhancing the security of digital fund trans...
The Reserve Bank of India mandates a new feature for RTGS and NEFT users to verify bank account names before transactions, aiming to reduce errors and frauds, with a compliance dea...
The Reserve Bank of India (RBI) warns of high attrition rates in private sector and small finance banks, highlighting operational risks and the need for strategic measures to impro...
The Reserve Bank of India (RBI) has announced a groundbreaking initiative allowing PPI users to conduct UPI transactions via third-party apps, enhancing digital payment flexibility...
The RBI reports that India's bank credit has the potential to grow faster than the economy, supported by a low credit-to-GDP ratio. With a 2022 ratio of 90.1%, below global average...
The Reserve Bank of India (RBI) expresses concern over high ceilings for unsecured loans set by banks and finance companies, urging prudence. It also highlights risks with top-up l...
The Reserve Bank of India (RBI) has formed a panel, FREE-AI, led by Pushpak Bhattacharyya of IIT Bombay, to oversee the ethical adoption of AI in the financial sector. The committe...
The RBI expects India's economic growth to improve post-festive season and rural demand surge, with agricultural and industrial activities showing recovery signs.
The RBI's Monetary Policy Committee showed divided opinions on policy easing, with four members expressing hawkish views, making a February rate cut dependent on new leadership. Th...
The RBI warns against the growing trend of farm loan waivers and cash transfers, urging states to rationalize subsidies and focus on capital expenditure for sustainable economic gr...
The RBI has lifted restrictions on two Edelweiss Group companies, allowing them to resume acquiring financial assets and structured transactions after satisfactory remedial measure...
In his final address, outgoing RBI Governor Shaktikanta Das outlined the key challenges for the new governor, Sanjay Malhotra, emphasizing the need to restore the inflation-growth ...
New RBI governor Sanjay Malhotra faces the challenge of balancing economic growth, inflation, and exchange rate stability, while also navigating regulatory reforms and addressing d...
The recent reduction in the Cash Reserve Ratio (CRR) by the Reserve Bank of India (RBI) has raised questions about whether bank fixed deposit rates will decrease. Banking officials...
