Reserve Bank of India (RBI)

RBI advises banks to use DoT's Financial Fraud Risk Indicator to prevent cyber swindling

The RBI's advisory to all scheduled commercial banks, small finance banks, payments banks, and co-operative banks, issued on June 30, is a testament to the power of inter-agency collaboration in safeguarding citizens in India's growing digital economy, according to a DoT statement issued on Wednesday.

13 days ago

New biomass guidelines to boost bio-energy, ease of doing business

New biomass guidelines to change alternative energy future, ease of doing business

The guidelines also encourage significant simplification of documentation requirements. Developers of briquette and pellet manufacturing plants will no longer be required to submit number of documents related to clearance matters.

17 days ago

India clocks current account surplus of $13.5 billion in Jan-March quarter

Net services receipts increased to $53.3 billion in Q4 2024-25 from $42.7 billion in the same quarter of the previous year. Services exports have risen on a year-on-year basis in major categories such as business services and computer services, the RBI said.

18 days ago

RBI's new project finance directions to cushion banks against risk: Report

The new direction brings in a higher base level standard asset provisioning for under-construction projects set at 1 per cent and a slightly higher 1.25 per cent for under-construction CRE exposures (that compares with the extant 0.4 per cent to 1.0 per cent), with step-ups linked to DCCO deferment period.

19 days ago

India's economy remains resilient amid spike in global uncertainties: RBI

Agriculture showed a broad-based increase in production across most major crops during 2024-25. The domestic prices situation remains benign with headline inflation staying below the target for the fourth consecutive month in May, the report states.

20 days ago

Home purchases turn more affordable after RBI rate cuts: Report

According to the Knight Frank Affordability Index, Ahmedabad is the most affordable housing market among the top eight cities, with a ratio of 18 per cent, followed by Pune at 22 per cent and Kolkata at 23 per cent.

21 days ago

LIC Housing Finance cuts lending rates to 7.50% on new home loans, boosting home ownership hopes

This move follows the recent repo rate cuts announced by the RBI's Monetary Policy Committee (MPC), with LIC HFL passing on the benefit to new home loan customers to encourage home ownership and improve affordability.

24 days ago

Gold prices slip after US Fed signals more gradual path for rate cuts

US Fed Chair Jerome Powell noted the central bank expects an increase in inflation in the coming months amidst tariffs and other factors, reinforcing a cautious policy stance. While markets initially responded with optimism, Powell tempered expectations by reiterating that with low and stable unemployment, the Fed is well-positioned to wait for more data before making any moves.

25 days ago

RBI's Gold Loan Rules: A New Era for Lenders

RBI has new rules for gold loan: lenders' business models must undergo changes

The RBI's new gold loan rules are set to transform India's lending landscape. Lenders must adapt to new regulations, focusing on operational agility and service excellence. The gold loan market is poised for growth, driven by regulatory clarity and customer-centric practices.

26 days ago

India's forex reserves surge by $5.17 bn to reach $696.6 bn

India's foreign exchange reserves stood at $691.5 billion in the preceding week that ended on May 30 and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said last week after the monetary policy review.

Jun 13, 2025

India inflation to average 4 pc this fiscal, one more RBI rate cut likely: Crisil

Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.

Jun 13, 2025

RBI's mammoth rate cut to diligently perform a new troika: SBI Research

The RBI monetary policy committee's (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral, should not be confused with a pause on future rate cuts trajectory in the medium term, but rather a semblance of adopting flexible manoeuvrability on part of a conscious regulator to diligently perform a new troika, a State Bank of India (SBI) Research report said on Tuesday.

Jun 10, 2025

T Rabi Sankar appointed as part-time member of 16th Finance Commission

16th Finance Commission: T Rabi Sankar appointed as part-time member

The Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar has been appointed as a part-time member of the Dr Arvind Panagariya-headed 16th Finance Commission, it was announced on Saturday.

Jun 7, 2025

RBI to raise gold loan-to-value ratio to 85 pc for small borrowers

Indian Stock market exhibits resilience, RBI's rate cut icing on the cake

After starting the week with consolidation, the domestic market exhibited resilience amid concerns over tariff wars and geopolitical escalations, analysts said on Saturday.

Jun 7, 2025

India's forex kitty enough to fund over 11 months of imports: RBI chief

India's foreign exchange reserves stood at $691.5 billion, as of May 30, and are sufficient to fund more than 11 months of goods imports and about 96 per cent of external debt outstanding, RBI Governor Sanjay Malhotra said on Friday.

Jun 6, 2025

Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said.

May 22, 2025

Over 98% of Rs 2,000 banknotes returned, Rs 6,266 crore still in circulation: RBI

As many as 98.24 per cent of the Rs 2,000 banknotes which were in circulation as on May 19, 2023, have now been returned with the total value of such notes outside the banking system coming down to Rs 6,266 crore at the close of business on April 30, 2025, according to an RBI update on Friday.

May 2, 2025

India's forex, money markets have doubled in last 4 years: RBI Governor

India's financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to $60 billion in 2024 and the average daily volumes in the overnight money markets surging from about Rs 3 lakh crore to over Rs 5.4 lakh in this four-year period, according to RBI Governor Sanjay Malhotra.

Apr 20, 2025

RBI set for deeper easing cycle, Sensex at 82,000 by Dec: Morgan Stanley

Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan Stanley report said on Tuesday, pegging India's GDP growth at 6.1 per cent for FY26 amid global uncertainties.

Apr 15, 2025

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.

Apr 7, 2025

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