RBI News

SBI Predicts RBI to Hold Rates in October Amid Rising Inflation Concerns

The RBI is expected to hold interest rates in October due to projected inflation rise above 2%, with challenges for December adjustments. Retail inflation hit a 98-month low in Jul...

Exploring the Impact of RBI's Rupee-Rouble Trade Rule on India-Russia Economic Relations

The RBI's recent measures to facilitate rupee-rouble trade with Russia, including the allowance of special rupee vostro accounts without prior approval, aim to simplify and speed u...

RBI Governor Sanjay Malhotra Clarifies: Banks Have Full Autonomy on Minimum Balance Decisions

RBI Governor Sanjay Malhotra states that banks have the autonomy to set minimum balance requirements, with no RBI restrictions. ICICI Bank's recent hike to Rs 50,000 for new accoun...

RBI Introduces 15-Day Deadline for Deceased Customer Claims, Penalties for Delays to Ensure Swift Settlements

The RBI has proposed a 15-day deadline for settling claims of deceased customers, introducing penalties for delays to ensure swift and uniform processing across banks. The draft in...

RBI Deputy Governor Urges Re-KYC for 100 Million Jan Dhan Accounts to Combat Fraud

RBI deputy governor Swaminathan Janakiraman calls for re-KYC of 10 crore Jan Dhan accounts to prevent fraud, emphasizing the importance of financial security and inclusion during a...

RBI Mandates Banks to Compensate Families for Delayed Payouts of Deceased Relatives' Assets

The RBI has announced new rules effective from 2026, requiring banks to compensate families for delays in accessing deceased relatives' funds and valuables, with penalties for dela...

RBI Simplifies Process for Heirs to Claim Deceased Clients' Assets and Introduces Auto-Bidding

The Reserve Bank of India is set to simplify the process for heirs to claim deceased clients' assets by standardizing bank procedures. Additionally, it introduces an auto-bidding f...

RBI Unveils Groundbreaking Co-Lending Framework Set to Revolutionize Banking Starting January 2026

The RBI has finalized a co-lending framework for banks and non-banks, introducing rules that could reshape lending practices by 2026. It includes mandates on lending rates, funding...

RBI Holds Steady: What the Unchanged Repo Rate at 5.5% Means for Your Loans and EMIs

The RBI has decided to keep the repo rate unchanged at 5.5%, affecting loan EMIs. Despite previous cuts, benefits are yet to fully reach borrowers. The decision comes amid global e...

RBI's Monetary Policy Committee Holds Rates Steady, Revises Inflation Forecast Downward Amid Economic Optimism

The RBI's MPC has decided to keep the policy repo rate unchanged at 5.5%, lowering the inflation forecast for FY26 to 3.1% from 3.7%. The growth forecast remains at 6.5%, supported...

RBI's Monetary Policy Meeting: A Pause or Cut? Experts Divided Amid Inflation and US Tariff Concerns

The RBI's Monetary Policy Committee meets amid divided expert opinions on further rate cuts, with considerations around inflation, US tariffs, and economic resilience taking center...

RBI Expected to Maintain Repo Rate at 5.5% Amid Economic Growth Concerns and Low Inflation

The Reserve Bank of India is expected to maintain the repo rate at 5.5% in its upcoming policy review, balancing growth concerns with low inflation. Experts suggest a cautious appr...

RBI Warns Lenders: Growth Should Not Compromise Safety and Governance Standards

RBI deputy governor Swaminathan J warns banks and NBFCs against compromising internal safeguards and regulatory norms for growth, emphasizing the importance of governance and ethic...

RBI Imposes Stricter AIF Investment Limits: Banks and NBFCs Now Capped at 10% per Scheme

The RBI has updated its AIF investment guidelines, capping individual bank and NBFC investments at 10% of an AIF's corpus and collective investments at 20%. New risk controls inclu...

Gold Rush: RBI's Strategic Move to Bolster Forex Reserves with Half a Tonne Purchase

The Reserve Bank of India has significantly increased its gold reserves by purchasing half a tonne in June, highlighting gold's growing importance in India's forex strategy and its...

Inflation Dips Below RBI's Target: Is This the Signal for More Rate Cuts Ahead?

The finance ministry suggests more interest rate cuts by RBI as inflation stays below the 4% target, hitting a six-year low of 2.82% in May. Upcoming MPC meeting could see further ...

RBI Grants Extension to IndusInd Bank's Interim Executive Committee Amid Leadership Transition

The RBI has extended the term of IndusInd Bank's interim executive committee until August 2025 or until a new CEO is appointed, following the resignation of the previous CEO over a...

RBI Governor Hints at Potential Rate Cuts: A Neutral Stance with Future Flexibility

RBI Governor Sanjay Malhotra discusses the potential for future rate cuts, emphasizing a neutral and flexible monetary policy stance aimed at supporting economic recovery while mon...

RBI Streamlines Regulatory Framework: Consolidating 3,000 Rules into 33 Thematic Categories for Clarity and Efficiency

The Reserve Bank of India is simplifying its regulatory framework by consolidating 3,000 rules into 33 categories, aiming to reduce compliance burdens and enhance clarity. This ini...

RBI Highlights Growth in Agriculture and Services Amidst Macroeconomic Volatility

The RBI reports cautious optimism for India's economy, highlighting growth in agriculture and services amidst macroeconomic volatility, industrial challenges, and inflation pressur...

RBI Sounds Alarm on Global Tariff Surge: Strengthening Trade Ties Key for India's Economic Future

The Reserve Bank of India highlights the importance of resilient trade partnerships for India's global integration amid rising tariffs and global uncertainties. Domestic economic a...

RBI Warns: Cyber Threats and Lack of Empathy Fueling Customer Complaints in Digital Banking Era

RBI deputy governor Swaminathan J addresses the challenges of digital banking, including cyber threats and the importance of empathy in customer service, urging vigilance and fores...

RBI Introduces Stricter Digital Banking Guidelines to Enhance Customer Safety and Transparency

The Reserve Bank of India (RBI) has introduced stricter guidelines for digital banking, focusing on customer safety, transparency, and the mandatory adoption of fraud detection sys...

RBI Introduces Stricter Guidelines for Digital Banking: Ban on Third-Party Product Promotions and Mandatory Customer Consent

The Reserve Bank of India proposes new draft rules for digital banking, including bans on third-party product promotions and mandatory customer consent, aiming to enhance security ...

RBI's Bold Liquidity Measures Ease Deposit Pressure on Indian Banks, Fitch Reports

Fitch Ratings reports that the RBI's liquidity measures have provided Indian banks with much-needed relief from deposit pressures, easing funding conditions and reducing the compet...

Record Rs 2.5 Lakh Crore RBI Drawdown Addresses Unprecedented Rs 9 Lakh Crore Liquidity Glut

The RBI announces a record Rs 2.5-lakh-crore VRRR auction to manage the banking system's Rs 9 lakh crore liquidity surplus, caused by government spending and regulatory changes.

RBI Governor Assures Strong Economy Amid Global Challenges, Clarifies Status of Rs 2,000 Notes

RBI Governor Sanjay Malhotra reassured the Parliamentary Standing Committee on Finance about India's strong economy amidst global challenges, clarified the legal status of Rs 2,000...

RBI Unveils Groundbreaking Reforms for OTC Derivatives Market: New Norms Aim to Enhance Transparency and Efficiency

The Reserve Bank of India (RBI) has proposed new norms for the novation of OTC derivative contracts to streamline market operations. The draft guidelines aim to enhance transparenc...

RBI's Record-Breaking Payout to Government Set to Soar by 50% in FY25

The Reserve Bank of India is expected to transfer a record surplus of up to Rs 3 lakh crore to the government for FY25, a 50% increase from last year, following reviews of its bala...

RBI Considers Overhauling Dividend Calculation Framework After Five Years

The RBI is reviewing its economic capital framework, potentially altering dividend calculations to the government. With predictions of a Rs 2.5-2.75 lakh crore transfer, this move ...

RBI Intensifies Scrutiny on E-Wallets Following BluSmart's Unexpected Shutdown

Following BluSmart's sudden shutdown, India's RBI is scrutinizing digital wallets in the EV sector to protect consumers from similar incidents, highlighting the risks in closed-loo...

RBI Imposes Heavy Fines on SBI and Jana Small Finance Bank Over Regulatory Non-Compliances

The Reserve Bank of India (RBI) has fined State Bank of India and Jana Small Finance Bank for regulatory non-compliances, emphasizing that these penalties are for compliance issues...