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"rbi"

  • Rupee slips 5 paise to 95.57 against US dollar

    The rupee fell 5 paise to settle at 95.57 against the US dollar, extending its losing streak to five sessions. Risk aversion, elevated crude oil prices and geopolitical tensions weighed on sentiment, while suspected RBI intervention helped pare initial losses
  • RBI, Sebi launch India’s first tokenised corporate bond pilot

    RBI Governor Sanjay Malhotra and Sebi Chairman Tuhin Kanta Pandey launched India’s first tokenised corporate bond pilot at Global Fintech Fest 2026. The initiative combines CBDC and blockchain technology and could eventually cover equities, mutual funds and other assets.
  • RBI approves LIC’s plan to acquire up to 9.99% stake in ICICI Bank

    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
  • India’s GDP grows 7.8 per cent in Q1, beats RBI forecast

    India’s economy grew 7.8 per cent in the April-June quarter of FY27, beating expectations and the RBI’s 7 per cent forecast. Despite geopolitical tensions and the Iran conflict, strong domestic activity helped sustain growth, keeping India the fastest-growing major economy
  • Rupee gains 2 paise as crude prices fall, equities rise

    The rupee edged up 2 paise to close at 95.43 against the US dollar, supported by falling crude oil prices and gains in domestic equities. However, a stronger dollar and foreign investor outflows limited gains, traders said
  • Rupee strengthens 6 paise to 95.39 against dollar

    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
  • Rupee rises 26 paise to 95.44 against US dollar

    The rupee strengthened 26 paise to close at 95.44 against the US dollar on Tuesday, supported by gains in domestic equities, a weaker dollar and falling crude prices. Analysts said RBI intervention and oil prices would remain key near-term drivers
  • RBI monetary policy trapped in ‘chalk and cheese’ problem: SBI report

    SBI Research highlighted a communication divergence in the RBI’s latest monetary policy cycle, with MPC minutes appearing more hawkish while Governor Sanjay Malhotra adopted a cautious, data-dependent stance. Markets now face uncertainty over a possible October rate hike amid domestic and global risks
  • RBI Guidelines on Personal Loans: What Borrowers Should Know in 2026

    Borrowers get enforceable rights out of it. Most never use them because the framework does not get discussed at the point of borrowing. This guide walks through what those rights actually are and how to use them when a lender crosses a line.
  • Rupee settles flat at 95.71 against US dollar as geopolitical tensions weigh

    The rupee settled nearly flat at 95.71 against the US dollar on Friday after paring early gains. While a weaker dollar and positive domestic market sentiment offered support, geopolitical tensions and crude oil concerns limited the currency’s rise
  • Rupee falls 19 paise to 95.61 against US dollar

    The rupee fell 19 paise to close at 95.61 against the US dollar on Monday, pressured by weak domestic equities and rising crude prices. Traders expect a slight negative bias amid delayed US-Iran talks, broader dollar support and changing FCNR(B) deposit rules
  • RBI to stay in ‘wait-and-watch’ mode, supply side induced hike in inflation under watch

    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
  • Rupee rises 3 paise to 95.42 as dollar weakens overseas

    The rupee gained 3 paise to close at 95.42 against the US dollar, supported by a weaker greenback overseas. However, foreign fund outflows, elevated crude oil prices and geopolitical uncertainties kept pressure on the domestic currency
  • RBI reforms may unlock $50 billion capital inflow for banks

    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
  • Rupee slips to 95.45 per dollar on weak equities and strong US currency

    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 Guv asks banks to build meaningful human oversight, not blame AI models for faulty decisions

    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
  • Banks write off Rs 9.95 lakh crore corporate, services loans in 12 years: Govt

    Banks wrote off nearly Rs 9.95 lakh crore in loans to large corporates and services over 12 financial years, Parliament was informed. The government said write-offs do not waive borrower liabilities, while recoveries continue. Fiscal and external debt indicators remain stable
  • We have to come out of it: Shah calls for better RBI-UCB relationship

    Union Cooperation Minister Amit Shah urged urban cooperative banks to change their perception of the RBI, citing its recent support for the sector. He also called for all 1,400 UCBs to join NUCFDC, highlighting its benefits in technology, compliance and cybersecurity
  • Embrace technology, ensure transparency: Shah’s push to urban cooperative banks

    Union Minister Amit Shah on Saturday urged urban cooperative banks to adopt technology, improve transparency and modernise customer services to remain competitive. He asked all UCBs to join NUCFDC within a year, stressing stronger governance and customer prosperity to strengthen the sector
  • From Rs 500 to Rs 10: ISI shifts fake currency strategy, floods India with counterfeit low-value notes

    Indian security agencies have detected a shift in counterfeit currency operations, with fake lower denomination notes allegedly replacing earlier Rs 500 counterfeits. Officials warn of possible attempts by criminal networks to circulate Rs 10, Rs 20 and Rs 50 fake notes
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