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The Reserve Bank of India absorbed over Rs 3.53 lakh crore through an overnight VRRR auction to drain excess banking-system liquidity. The operation comes amid strong FCNR(B) inflows, with the special forex swap facility attracting $73 billion in foreign exchange nflows.

The RBI has approved LIC to acquire up to 9.99 per cent of ICICI Bank’s paid-up share capital or voting rights within one year. The approval is subject to regulatory conditions and does not mean LIC has immediately raised its stake

The rupee gained 6 paise to settle at 95.39 against the US dollar on Friday, supported by lower global crude prices and RBI intervention. However, a stronger dollar and foreign investor outflows kept the domestic currency under pressure

Former Indian Ambassador to the UN Syed Akbaruddin has been appointed a part-time, non-official director on the RBI central board for four years. The appointment was notified on August 22, along with Annie George Mathew and Janmejaya Kumar Sinha.

Yes Bank expects the RBI to maintain a wait-and-watch approach on interest rates despite rising inflation, as supply-side shocks have not triggered broad second-round effects. July WPI inflation eased slightly to 9.8 per cent, while manufacturing input pressures remain elevated

Ali Mohammad of HDTTA and Reserve Bank of India’s Nikhat Banu won the men’s and women’s singles titles at the Gujarati Seva Mandal Telangana State-rank Table Tennis Tournament. The event featured competitions across senior and junior categories

RBI’s recent liquidity measures and regulatory reforms could help India’s banking sector attract nearly $50 billion in capital, strengthening liquidity and capital buffers. A Uniqus Consultech report said FCNR(B) deposits and policy changes have boosted foreign currency inflows

The rupee weakened 12 paise to 95.45 against the US dollar on Thursday as weak domestic markets, foreign fund outflows and geopolitical concerns pressured investor sentiment. Strong dollar demand also weighed on the currency, while crude prices and RBI intervention offered support

RBI Governor Sanjay Malhotra urged banks to maintain meaningful human oversight while deploying artificial intelligence, stressing that accountability for AI-driven decisions must remain with banks. He called for explainable models, stronger governance, data privacy, bias controls and safeguards against cybersecurity risks

The Reserve Bank of India (RBI) is expected to keep key interest rates unchanged in its August 4 monetary policy review, prioritising economic growth as inflation remains within the tolerance band. Retail inflation stood at 4.38% in June, largely due to global oil prices, but public sector oil firms absorbed much of the impact.

Non-Resident Indians can potentially bring USD 70-80 billion into India through the ongoing FCNR initiative, according to experts. The scheme, supported by higher bank interest rates, aims to strengthen India's foreign exchange reserves and attract greater overseas investment before September 30, 2026

India’s foreign exchange reserves jumped by $7.26 billion to $674.19 billion in the week ended July 3, reversing the previous week’s decline. Gold reserves rose sharply, SDR holdings increased, and banks are seeing stronger inflows under the revised FCNR-B deposit scheme.

The Reserve Bank of India is expected to maintain a wait-and-watch stance and keep the repo rate at 5.25% amid easing global tensions. Policymakers will monitor monsoon progress, inflation trends and crude oil prices before making future policy decisions

The Reserve Bank of India (RBI) has issued compounding orders under Section 15 of FEMA against Sai Rayalaseema Paper Mills, Cigniti Technologies, and ZIFY Tech Solutions, allowing them to settle violations with one-time payments.

The Reserve Bank of India is likely to resume issuing licences for new urban co-operative banks after a two-decade pause. Improved regulatory oversight, financial inclusion goals and stronger sector support have encouraged the move, though capital and governance challenges remain

The RBI’s latest policy measures aimed at boosting foreign capital inflows could attract nearly $50 billion, according to ICICI Bank Global Markets. Analysts say expanded investor access, improved liquidity measures and bond market reforms may further strengthen inflows and support the rupee

The RBI kept the repo rate unchanged at 5.25% for a second consecutive policy review, citing risks from rising crude oil prices, West Asia conflict-related supply disruptions, rupee depreciation, and potential inflation pressures despite retail inflation remaining close to its 4% target

The Reserve Bank of India has dismissed reports suggesting it liquidated USD 12 billion in gold to defend forex reserves. The RBI confirmed physical gold stocks remain unchanged at 880.52 tonnes, despite severe macro pressures on the rupee

The RBI’s balance sheet expanded 20.6 per cent to Rs 91.97 lakh crore in FY26, driven by strong growth in domestic investments, gold holdings and foreign investments. The central bank also declared a record dividend of around Rs 2.87 lakh crore to the Centre

The Congress claimed the Centre’s finances are weaker than projected after the Reserve Bank of India announced a record Rs 2.87 lakh crore dividend to the government. Congress leader Jairam Ramesh alleged the payout was boosted through adjustments to the contingency risk buffer