News for 'Reserve Bank on Sunday'

Sensex jumps 595 points on strong global cues

Sensex jumps 595 points on strong global cues

Rediff.com12 Nov 2025

From the Sensex pack, Asian Paints, Tech Mahindra, Tata Consultancy Services, Bajaj Finserv, Adani Ports, HCL Technologies, Bharti Airtel, Infosys, Trent, Reliance Industries, UltraTech Cement, Sun Pharmaceuticals, Eternal, Titan and Bajaj Finance were the gainers. On the other hand, Tata Steel, Tata Motors Passenger Vehicles, Tata Motors Commercial Vehicles, Bharat Electronics, Kotak Mahindra Bank and PowerGrid were the laggards.

Sensex, Nifty slip amid profit-taking, weak Asian markets

Sensex, Nifty slip amid profit-taking, weak Asian markets

Rediff.com28 Oct 2025

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

Gaikwad, Rinku, Patidar back in Test mix after SA debacle

Gaikwad, Rinku, Patidar back in Test mix after SA debacle

Rediff.com27 Nov 2025

Domestic veterans Ruturaj Gaikwad, Rajat Patidar and Rinku Singh could keep the team management interested going forward in Test cricket.

Will RBI Cut Repo Rate Following Trump's Tariffs?

Will RBI Cut Repo Rate Following Trump's Tariffs?

Rediff.com5 Aug 2025

'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'

Should Reserve Bank of India target inflation?

Should Reserve Bank of India target inflation?

Rediff.com28 Mar 2014

There are respected names arguing both for and against this recommendation of the Urjit Patel committee.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

RBI to 'wait and watch' before further rate cuts: Governor Malhotra

Rediff.com16 Jul 2025

Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.

BharatPe Bets Big On Online Payments

BharatPe Bets Big On Online Payments

Rediff.com3 Sep 2025

'Our focus would be to onboard top 100 merchants in top 10 different segments.'

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Private capex likely to rise 21.5% to Rs 2.67 lakh crore in FY26

Rediff.com1 Sep 2025

Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

No auction of ECB quotas: Reserve Bank

No auction of ECB quotas: Reserve Bank

Rediff.com24 Jun 2010

Government officials said the system proposed by the finance ministry, which would be akin to the mechanism followed for auction of investment rights in bonds, would result in Mint Road losing control over overseas fund raising by companies and that was RBI's major concern.

Forex reserves drop by $4.11 billion to $640.27 billion

Forex reserves drop by $4.11 billion to $640.27 billion

Rediff.com3 Jan 2025

India's forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by $8.48 billion to $644.39 billion.

India's forex reserves drop by $8.71 bn to $625.87 bn

India's forex reserves drop by $8.71 bn to $625.87 bn

Rediff.com17 Jan 2025

India's forex reserves dropped by $8.71 billion to $625.87 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by $5.693 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said.

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Reserve Bank likely to lose financial independence

Reserve Bank likely to lose financial independence

Rediff.com27 Nov 2008

The Reserve Bank of India (RBI) may be brought under the category of other regulators, who might have to park their funds with the government. Banking sources said the move would deal a final blow to the financial autonomy of regulatory bodies.

Growth: RBI Sees Too Many Uncertainties

Growth: RBI Sees Too Many Uncertainties

Rediff.com19 Aug 2025

For the time being, the RBI is done with the cuts. A cut in October, which many are still predicting, is not certain. Of course, if growth nosedives, the script will be different, expects Tamal Bandyopadhyay.

Will Tata Sons Go Public?

Will Tata Sons Go Public?

Rediff.com13 Oct 2025

Clarity on Tata Sons' position on listing, as of 2025, would help define the future of the group better, irrespective of the RBI stand. As of now, the ball is in the RBI's court, and everyone is watching the space, points out Nivedita Mookerji.

India's forex reserves decline by $1.88 bn to $623.98 bn

India's forex reserves decline by $1.88 bn to $623.98 bn

Rediff.com24 Jan 2025

India's forex reserves dropped by $1.88 billion to $623.98 billion in the week ended January 17, the RBI said on Friday. Earlier, the overall kitty declined by $8.71 billion to $625.87 billion in the week ended January 10, the Reserve Bank of India said.

Reserve Bank appoints 3 new EDs

Reserve Bank appoints 3 new EDs

Rediff.com26 Apr 2014

The central bank has nine executive directors, and one of them -- S Karuppasamy -- retired recently. R Gandhi, who was executive director, has now been promoted to the post of deputy governor.

FPI onboarding: Sebi hints at more respite

FPI onboarding: Sebi hints at more respite

Rediff.com16 Sep 2025

The Securities and Exchange Board of India (Sebi) has planned a slew of further relaxations to facilitate easier registrations of foreign portfolio investors (FPIs), including a common know-your-client (KYC) and smoother documentation through India digital signature.

Moody's may downgrade IndusInd Bank's Baseline Credit Assessment

Moody's may downgrade IndusInd Bank's Baseline Credit Assessment

Rediff.com18 Mar 2025

IndusInd Bank on Tuesday said global rating agency Moody's has placed the bank's baseline credit assessment (BCA) under review for a possible downgrade. The rating review comes days after IndusInd Bank disclosed a Rs 2,100 crore discrepancy in accounting with an estimated impact of 2.35 per cent of the bank's net worth.

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.

Reserve Bank set to hike rates again

Reserve Bank set to hike rates again

Rediff.com25 Jul 2011

Bankers and other stakeholders are now almost certain that the Reserve Bank of India (RBI) will increase the key policy rate, or the repo rate, by 25 basis points (bps) on Tuesday.

Indians remitted nearly $2 bn in Nov under Reserve Bank's LRS scheme

Indians remitted nearly $2 bn in Nov under Reserve Bank's LRS scheme

Rediff.com20 Jan 2023

Indians remitted close to $2 billion in November under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS), latest data released by the central bank showed. Outward remittances under the scheme jumped 29 per cent to $1.99 billion compared to $1.54 billion in the year-ago month. Sequentially, outward remittances under the scheme were up about 3.5 per cent.

Reserve Bank circular on NPA provisioning soon

Reserve Bank circular on NPA provisioning soon

Rediff.com16 Nov 2009

RBI governor D Subbarao, in the second quarterly review of the monetary policy in October, had said there is need to increase provisioning against bad assets to not less than 70 per cent by September 2010.

Sensex jumps 575 points, Nifty ends above 25,300

Sensex jumps 575 points, Nifty ends above 25,300

Rediff.com15 Oct 2025

Among Sensex firms, Bajaj Finance and Bajaj Finserv were the biggest gainers. Asian Paints, Larsen & Toubro, Trent, UltraTech Cement, Eternal and Adani Ports were also among the winners. However, Tata Motors, Infosys, Tech Mahindra and Axis Bank were among the laggards.

'Pronouncements On Paper Don't Feed Babies'

'Pronouncements On Paper Don't Feed Babies'

Rediff.com28 Nov 2025

'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'

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.

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.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com12 Oct 2025

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

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.

Global Investing: What YOU Must Know

Global Investing: What YOU Must Know

Rediff.com16 Oct 2025

Here's what Indian investors diversifying into equities, ETFs, and real estate abroad to manage risk, returns, and currency exposure must watch out for.

Want To Invest In MMFs? Read This

Want To Invest In MMFs? Read This

Rediff.com26 Sep 2025

'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'

Wholesale price inflation is negative for second month

Wholesale price inflation is negative for second month

Rediff.com14 Aug 2025

Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday.

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

Rediff.com17 Nov 2025

'This election was won because of Nitish Kumar's face and his policies.'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

'Whenever Seat Arithmetic Permits, BJP Will Want Its Own Chief Minister'

Rediff.com25 Nov 2025

'Removing Nitish Kumar prematurely risks unsettling both the alliance balance and parts of the social coalition that delivered this victory.'

There is more room for monetary policy easing, says Finance Ministry

There is more room for monetary policy easing, says Finance Ministry

Rediff.com29 Jul 2025

With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.

Will Nitish Kumar Spring A Surprise On Friday?

Will Nitish Kumar Spring A Surprise On Friday?

Rediff.com11 Nov 2025

While it is evident that the INDIA bloc has not shut its doors on Nitish Kumar, those within the NDA are hopeful that the JD-U's support base would benefit them as well