News for 'Reserve Bank India'

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

RBI to infuse Rs 3 trn liquidity via OMOs, buy-sell swap after rupee defence

Rediff.com24 Dec 2025

The Reserve Bank of India (RBI) on Tuesday announced a fresh round of liquidity measures through open-market operations (OMOs) and a foreign exchange buy-sell swap, under which it will inject close to Rs 3 trillion into the banking system. The central bank said it would purchase Government of India securities worth Rs 2 trillion through OMOs, spread across four tranches of Rs 50,000 crore each to be conducted on December 29, January 5, January 12 and January 22.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

Forex reserves jump $6.99 bn to $692.72 bn

Forex reserves jump $6.99 bn to $692.72 bn

Rediff.com30 May 2025

India's forex reserves jumped by $6.99 billion to $692.72 billion during the week ended May 23, the RBI said on Friday.

'Growth-inflation data will determine MPC's future actions'

'Growth-inflation data will determine MPC's future actions'

Rediff.com16 Jan 2026

'Economic activity appears to have peaked in the second quarter of FY26, with industrial output, exports, and business confidence all softening from October 2025.'

When A Bank Account Has No Nominee

When A Bank Account Has No Nominee

Rediff.com21 Aug 2025

Whenever possible, the karta or head of the family should openly discuss the future distribution of movable and immovable property with all legal heirs.

Economy picked up steam in Oct on GST rejig, festival spends

Economy picked up steam in Oct on GST rejig, festival spends

Rediff.com25 Nov 2025

Notwithstanding global headwinds, the Indian economy saw further momentum in October on the back of goods and services tax (GST) rate rationalisation and festival spending, as indicated by high-frequency indicators, the Reserve Bank of India's (RBI's) monthly State of the Economy report said.

Forex reserves drop $4.8 bn to $670.11 bn

Forex reserves drop $4.8 bn to $670.11 bn

Rediff.com16 Aug 2024

India's forex reserves dropped by $4.8 billion to $670.12 billion for the week ended August 9, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty jumped by $7.53 billion to an all-time high of $674.92 billion.

Iran's Consul-General: 'We Hold The Upper Hand'

Iran's Consul-General: 'We Hold The Upper Hand'

Rediff.com21 Mar 2026

'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.

Will RBI Cut Rates In December MPC Meet?

Will RBI Cut Rates In December MPC Meet?

Rediff.com1 Dec 2025

'Rate cut looks unlikely and there is reason to believe that the cycle is over.'

Retail inflation slips to over 8-yr low of 1.54% in Sep

Retail inflation slips to over 8-yr low of 1.54% in Sep

Rediff.com13 Oct 2025

Retail inflation slipped to 1.54 per cent in September from 2.07 per cent in the preceding month mainly due to subdued prices of food items, including vegetables and pulses, according to government data released on Monday. The consumer price index (CPI) based inflation was 5.49 per cent in September 2024.

Stock markets likely to stay range-bound

Stock markets likely to stay range-bound

Rediff.com6 Dec 2025

The Reserve Bank of India (RBI) on Friday delivered a 25 basis point (bps) repo rate cut analysts expected, driven by the strong 8.2 per cent GDP growth in the September quarter. However, analysts do not expect a runaway market rally as the impact of US tariffs continues.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

RBI announces slew of measures to promote rupee

RBI announces slew of measures to promote rupee

Rediff.com1 Oct 2025

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade.

CD rates top 8% for smaller banks amid banking system liquidity tightness

CD rates top 8% for smaller banks amid banking system liquidity tightness

Rediff.com21 Mar 2025

Amid liquidity tightness in the banking system, certificate of deposit (CD) rates topped 8 per cent for some smaller banks, with rates remaining on the higher side for derivatives loss-hit IndusInd Bank. On Thursday, CSB Bank raised Rs 100 crore via one-year CDs at 8.5 per cent, while Utkarsh Small Finance Bank issued three-month CDs at 8.05 per cent to raise Rs 50 crore.

Reserve Bank isn't done with rate cuts, says Rajan

Reserve Bank isn't done with rate cuts, says Rajan

Rediff.com30 Aug 2015

Says impact of crisis in China won't be as big here as in some other countries

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

Rexit will not have any impact on Reserve Bank: SBI Research

Rexit will not have any impact on Reserve Bank: SBI Research

Rediff.com21 Jun 2016

The report also described the RBI as an "extremely visionary, pragmatic and fairly independent" organisation throughout its history

States Have Thrown A Spanner In RBI's Easy-Money Machine

States Have Thrown A Spanner In RBI's Easy-Money Machine

Rediff.com7 Jan 2026

State debt is rising because revenues are disappointingly weak. Ten states have debt ratios exceeding 30 per cent. In 2023-2024, states were borrowing simply to meet day-to-day expenses, points out Debashis Basu.

Gold poised for volatile week as West Asia crisis roils markets

Gold poised for volatile week as West Asia crisis roils markets

Rediff.com8 Mar 2026

Gold prices are expected to remain volatile next week as investors track geopolitical developments in the Middle East and key macroeconomic data releases that could shape the sentiment in the domestic market, analysts said.

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

ADB lowers India's FY26 growth forecast to 6.5% on trade, tariff concerns

Rediff.com23 Jul 2025

The Asian Development Bank (ADB) on Wednesday lowered India's growth forecast for FY26 to 6.5 per cent from 6.7 per cent on account of trade uncertainty and higher US tariffs that are expected to impact exports and investment. Despite the downward revision from the April 2025 Asian Development Outlook (ADO), India remains one of the fastest-growing major economies in the world.

RBI's short dollar forward position up after 7 months

RBI's short dollar forward position up after 7 months

Rediff.com4 Nov 2025

The Reserve Bank of India's (RBI's) short dollar forward positions rose by $6 billion in September - the first increase in seven months - indicating the central bank's readiness to defend the rupee in the forward market amid pressure on the currency, latest data showed. The net short dollar position stood at $59.4 billion at the end of September, up from $53.4 billion in August.

Forex reserves rise $223 mn to a fresh high of $689.46 bn

Forex reserves rise $223 mn to a fresh high of $689.46 bn

Rediff.com21 Sep 2024

India's forex reserves rose by $223 million to a new all-time high of $689.46 billion for the week ended on September 13, according to the Reserve Bank data released on Friday. The overall forex kitty had jumped by $5.25 billion to a high of $689.24 billion for the previous reporting week ended on September 6.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

SC orders CBI probe on 'builders-banks nexus'

SC orders CBI probe on 'builders-banks nexus'

Rediff.com29 Apr 2025

Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

UPI payments app PhonePe's $1.5 billion IPO to see Walmart cut stake

Rediff.com23 Jan 2026

As India's biggest Unified Payments Interface (UPI) app PhonePe prepares to list, the updated draft red herring prospectus (DRHP) shows the impact of regulations on the business, and concentration of payments-linked revenue even as UPI lacks MDR (merchant discount rate).

'No Fuel Shortage, Only Panic'

'No Fuel Shortage, Only Panic'

Rediff.com28 Mar 2026

'There is no shortage of fuel whatsoever.' 'India is stock surplus as far as petrol and diesel are concerned.'

Indian economy remains key driver of global growth: RBI report

Indian economy remains key driver of global growth: RBI report

Rediff.com30 Jun 2025

Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank said on Monday. In its bi-annual Financial Stability Report (FSR), the central bank also said elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system.

Sensex slips below 82K amid widespread sell-off

Sensex slips below 82K amid widespread sell-off

Rediff.com23 Jan 2026

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted.

Rs 2000 notes worth Rs 6,266 cr still in circulation: RBI

Rs 2000 notes worth Rs 6,266 cr still in circulation: RBI

Rediff.com2 May 2025

The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender.

India's forex reserves at record high of $675 bn: Das

India's forex reserves at record high of $675 bn: Das

Rediff.com8 Aug 2024

The country's forex reserves touched a record high of $675 billion on August 2, Reserve Bank Governor Shaktikanta Das said on Thursday. The previous all-time high for the kitty was $670.857 billion on July 19 this year, and the last reported reserve was $667.386 billion as on July 26. Das said overall, the country's external sector "remains resilient" as indicated by an improvement in key indicators.

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

Rediff.com10 May 2024

After three consecutive weeks of drop, India's forex reserves increased by $3.67 billion to $641.59 billion for the week ended May 3, the RBI said on Friday. The overall kitty dropped $2.412 billion to $637.922 billion for the previous week ended April 26.

Forex reserves drop Rs 2 bn to Rs 686 bn

Forex reserves drop Rs 2 bn to Rs 686 bn

Rediff.com9 May 2025

India's forex reserves dropped Rs 2.065 billion to Rs 686.064 billion for the week ended May 2, the RBI said on Friday.

India logs 6-quarter high GDP growth of 8.2% in Q2

India logs 6-quarter high GDP growth of 8.2% in Q2

Rediff.com28 Nov 2025

The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.

Will 1600 Number Stop Scam Calls?

Will 1600 Number Stop Scam Calls?

Rediff.com20 Nov 2025

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.

Gsec yield curve may flatten in FY27

Gsec yield curve may flatten in FY27

Rediff.com26 Dec 2025

The government bond yield curve is likely to flatten in the financial year 2027 (FY27) as the Reserve Bank of India (RBI) is expected to ease supply pressure in the ultra-long segment. In FY26 so far, reduced investments by insurance companies and pension funds pushed up yields on ultra-long tenor securities, steepening the curve.

Forex reserves jump $5.16 bn to $657.16 bn

Forex reserves jump $5.16 bn to $657.16 bn

Rediff.com12 Jul 2024

India's forex reserves jumped $5.16 billion to $657.16 billion during the week ended July 5, the Reserve Bank of India (RBI) said on Friday. The forex kitty had declined for the previous two consecutive weeks, dropping $1.71 billion to $652 billion for the week ended June 28. The reserves had touched an all-time high of $655.82 billion as on June 7 this year.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

RBI keeps interest rates unchanged amid uncertainty over Trump's tariffs

RBI keeps interest rates unchanged amid uncertainty over Trump's tariffs

Rediff.com1 Oct 2025

The Reserve Bank of India (RBI) on Wednesday kept its policy interest rate unchanged at 5.5 per cent for the second consecutive time, citing concerns over tariff uncertainties.

Borrowing On Gold? Mind the Trap

Borrowing On Gold? Mind the Trap

Rediff.com16 Jan 2026

The RBI has flagged concerns over rising volatility in gold prices and advised lenders to exercise caution in the gold loan segment.