News for 'RBI'

Tata Sons May Split Rs 1.8 Trillion Assets

Tata Sons May Split Rs 1.8 Trillion Assets

Rediff.com24 Sep 2026

The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

'Hostile Takeover Of Tata Sons Would Be Extremely Difficult'

Rediff.com23 Sep 2026

'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'

Repo Rate Hike: Impact On Loans, FDs

Repo Rate Hike: Impact On Loans, FDs

Rediff.com8 Oct 2026

'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'

Ankur Bhattacharjee, Diya Chitale Crowned National Table Tennis Champions

Ankur Bhattacharjee, Diya Chitale Crowned National Table Tennis Champions

Rediff.com13 Oct 2026

Ankur Bhattacharjee and Diya Chitale have won the men's and women's singles titles, respectively, at the second National Ranking Table Tennis Championships in Panchkula. Bhattacharjee defeated Raegan Albuquerque in a hard-fought final, while Chitale overcame Syndrela Das. Priyanuj Bhattacharyya and Divyanshi Bhowmick also secured U-19 titles.

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Stronger Rupee, Global Cues Drive Gold and Silver Prices Down in India

Rediff.com14 Oct 2026

Gold prices in India have fallen for the third consecutive day, shedding Rs 1,800 to Rs 1.5 lakh per 10 grams, primarily due to a strengthening rupee and weak global cues. Silver also saw a significant decline, tumbling Rs 5,000 to Rs 2.21 lakh per 10 grams.

NRI Deposits See Massive 678% Jump to $36.24 Billion in April-July FY27

NRI Deposits See Massive 678% Jump to $36.24 Billion in April-July FY27

Rediff.com28 Sep 2026

Non-resident Indian (NRI) deposit schemes witnessed a staggering 678.2 per cent increase, reaching $36.24 billion in the April-July period of FY27, primarily driven by strong FCNR(B) deposit flows and a concessional swap facility introduced by the RBI.

Sensex, Nifty Rebound as Global Cues Ease Rate Hike Fears

Sensex, Nifty Rebound as Global Cues Ease Rate Hike Fears

Rediff.com5 Oct 2026

Indian benchmark equity indices, Sensex and Nifty, closed higher on Monday, driven by softer-than-expected US jobs data which reduced expectations of aggressive monetary tightening by the US Federal Reserve, boosting risk appetite across emerging markets.

Anup Saha appointed Kotak Mahindra Bank MD & CEO, effective 2027

Anup Saha appointed Kotak Mahindra Bank MD & CEO, effective 2027

Rediff.com2 Oct 2026

Anup Saha, currently a Wholetime Director at Kotak Mahindra Bank, has been appointed as the new Managing Director and Chief Executive Officer for a three-year term, effective January 1, 2027, with the Reserve Bank of India's approval.

Sensex Jumps 1,109 Points as IT Firms, HDFC Bank Lead Market Rebound

Sensex Jumps 1,109 Points as IT Firms, HDFC Bank Lead Market Rebound

Rediff.com13 Oct 2026

Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Jio Platforms to Reliance Power: A look at India's 10 biggest IPOs

Rediff.com15 Oct 2026

Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.

Stock Markets Today: Sensex, Nifty Decline as Crude Prices Surge

Stock Markets Today: Sensex, Nifty Decline as Crude Prices Surge

Rediff.com7 Oct 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, ending a two-day rally, driven by a spike in Brent crude oil prices above USD 101 per barrel and investor caution ahead of the Reserve Bank of India's monetary policy decision. Track Sensex, Nifty on October 7.

India's BoP pressure to remain a challenge, says Chief Economic Advisor

India's BoP pressure to remain a challenge, says Chief Economic Advisor

Rediff.com25 Sep 2026

India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Stock Markets Today: Sensex, Nifty gain as RBI holds rates, crude oil dips

Rediff.com6 Aug 2026

Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Long-Running JVG Fraud Case Sees Chargesheet Filed By EOW

Rediff.com30 Sep 2026

The Economic Offences Wing (EOW) of the Crime Branch has filed a chargesheet against four individuals in a 16-year-old fraud case involving Johar Veer Goga (JVG), an unauthorised non-banking finance company in Jammu. The case stems from an investor's complaint in 2010 regarding an unpaid fixed deposit from 1996-97, revealing that JVG operated without proper regulatory registration.

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Reliance Industries raises Rs 25,000 crore in September bond issues, navigating rising borrowing costs

Rediff.com1 Oct 2026

Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Forex Reserves Jump $45 Billion

Forex Reserves Jump $45 Billion

Rediff.com12 Sep 2026

'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Shapoorji Pallonji Group backs Tata Sons listing, bolstering board's push

Rediff.com18 Sep 2026

The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.

HDFC Bank's Anup Bagchi to be India's Top-Paid Bank CEO with 35.9 Crore Package

HDFC Bank's Anup Bagchi to be India's Top-Paid Bank CEO with 35.9 Crore Package

Rediff.com9 Oct 2026

Anup Bagchi, the incoming MD & CEO of HDFC Bank, is set to become India's highest-paid bank CEO with a proposed target annual compensation package of approximately 35.9 crore, including a significant variable pay component and a one-time joining bonus.

What Went Wrong Between Chandra and Noel Tata?

What Went Wrong Between Chandra and Noel Tata?

Rediff.com10 Oct 2026

Even as lawyers on both sides study the pros and cons of a court battle, there are unanswered questions: When did Tata Trusts review its resolution of 2025 on backing Chandrasekaran for a third term?How will the shareholders of Tata Sons respond on listing and the leadership issue?

7 Hidden Credit Card Settings To Avoid Scams

7 Hidden Credit Card Settings To Avoid Scams

Rediff.com24 Sep 2026

Your credit card may have security controls you rarely use. Here are seven settings that can help prevent unwanted or fraudulent transactions.

India's Forex Reserves Surge to New Lifetime High of $785.71 Billion

India's Forex Reserves Surge to New Lifetime High of $785.71 Billion

Rediff.com12 Sep 2026

India's foreign exchange reserves have surged by a record USD 44.903 billion to a new lifetime high of USD 785.706 billion for the week ended September 4, driven by the Reserve Bank of India's concessional forex swap initiatives.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

Bullet Gold Loans Lose Edge Under New RBI Rules

Bullet Gold Loans Lose Edge Under New RBI Rules

Rediff.com18 Aug 2026

Under bullet repayment, the principal remains outstanding and unpaid interest raises the liability over time. This makes the LTV ratio more vulnerable to a sharp fall in gold prices.

Why Is RBI Buying Billions Of Dollars?

Why Is RBI Buying Billions Of Dollars?

Rediff.com19 Jun 2026

The rupee has been among the The RBI uses the Iran-US peace deal to bolster its forex reserves.

Jammu EOW Charges Two In Multi-Lakh Investment Scam

Jammu EOW Charges Two In Multi-Lakh Investment Scam

Rediff.com5 Oct 2026

The Economic Offences Wing (EOW) of the Crime Branch Jammu has filed a chargesheet against two individuals, Manoj Kumar and Vikram Singh, in a financial fraud case involving over Rs 1.22 crore collected from investors in Samba district. The accused allegedly induced residents to invest in schemes from unregistered or de-registered NBFCs, promising high returns but failing to deliver.

Why Tata Trusts Can't Oppose Chandra's Third Term

Why Tata Trusts Can't Oppose Chandra's Third Term

Rediff.com18 Sep 2026

N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

What Shapoorji Pallonji Mistry's Statement Says Between The Lines

Rediff.com19 Sep 2026

Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.

SC refuses to stay MDR on UPI, seeks govt's response

SC refuses to stay MDR on UPI, seeks govt's response

Rediff.com28 Sep 2026

The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.

RBI Proposes AI Risk Management Framework

RBI Proposes AI Risk Management Framework

Rediff.com25 Jun 2026

Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.

Nifty 50 trails Asian peers: What's holding back Indian equities?

Nifty 50 trails Asian peers: What's holding back Indian equities?

Rediff.com12 Oct 2026

Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.

'Monetary Policy Can Bring Inflation To The Target'

'Monetary Policy Can Bring Inflation To The Target'

Rediff.com7 Oct 2026

'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'

Private Capex Projected to Reach Rs 3.2 Trillion in FY27 Amidst Global Uncertainty

Private Capex Projected to Reach Rs 3.2 Trillion in FY27 Amidst Global Uncertainty

Rediff.com28 Sep 2026

India's private sector capital expenditure is projected to reach approximately 3.2 trillion in the financial year 2026-27, up from 2.6 trillion in FY26, according to a Reserve Bank of India bulletin report, indicating sustained confidence despite global uncertainties.

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

FCNR(B) Inflows Push Deposit Growth to 15-Year High, Corporate Loan Rates May Soften

Rediff.com22 Sep 2026

India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

RBI directs bank boards to sharpen strategic focus, effective Oct 2026

Rediff.com15 Jul 2026

The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

India's Forex Reserves Dip by $4.92 Billion Amidst Fall in FCA, Gold

Rediff.com18 Sep 2026

India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.

Delhi SIR: Bimal Jalan, IAF ex-chief Browne among voters issued notices

Delhi SIR: Bimal Jalan, IAF ex-chief Browne among voters issued notices

Rediff.com22 Sep 2026

Former RBI Governor Bimal Jalan, ex-IAF Chief NAK Browne, and other prominent figures in Delhi have received notices regarding discrepancies in their voter details during the ongoing Special Summary Revision (SIR) of the electoral rolls. Over 33 lakh electors have been identified for such notices, with a deadline of September 30 for responses.

Chandra reappointment: Tata Trusts call the vote 'illegal', setting up boardroom battle

Chandra reappointment: Tata Trusts call the vote 'illegal', setting up boardroom battle

Rediff.com17 Sep 2026

The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.

RBI caps holding period for immovable assets at 7 years, bars sale to borrowers

RBI caps holding period for immovable assets at 7 years, bars sale to borrowers

Rediff.com17 Jul 2026

The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.

BJD MP Santrupt Misra Criticises UPI MDR Fee, Proposes Funding Alternatives

BJD MP Santrupt Misra Criticises UPI MDR Fee, Proposes Funding Alternatives

Rediff.com19 Sep 2026

BJD MP Santrupt Misra has voiced strong concerns over the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, arguing that the government or large financial institutions could easily absorb the costs of maintaining the digital payment network instead of burdening merchants and consumers.