News for 'The Reserve Bank Of India'

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com19 Feb 2026

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Wholesale price inflation rises to 1.81% in Jan

Wholesale price inflation rises to 1.81% in Jan

Rediff.com16 Feb 2026

Wholesale price inflation extended upward momentum for the third straight month, at 1.81 per cent in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday.

Digital arrest case: SC issues notice to Centre, CBI, RBI

Digital arrest case: SC issues notice to Centre, CBI, RBI

Rediff.com24 Jan 2026

The Supreme Court has sought responses from the Centre, the CBI and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly being put under "digital arrest" for nearly a month.

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Amit Shah Promises to Drive Out Infiltrators from Bengal if BJP Forms Government

Rediff.com15 Apr 2026

Union Home Minister Amit Shah has promised to expel infiltrators from West Bengal and secure the border if the BJP wins the upcoming assembly elections. He accused Chief Minister Mamata Banerjee of neglecting North Bengal and favouring Muslims in budget allocations.

Nirav Modi's Extradition Appeal Hearing Concludes in London

Nirav Modi's Extradition Appeal Hearing Concludes in London

Rediff.com18 Mar 2026

The UK High Court has concluded the hearing for Nirav Modi's application to reopen his extradition appeal, focusing on claims of potential torture during interrogations in India. The court has reserved its judgement.

Bank loan books report healthy growth in Q2

Bank loan books report healthy growth in Q2

Rediff.com31 Oct 2025

The pickup was driven partly by fresh corporate investment but more by higher working-capital demand.

India's Billionaire Club Contracts In 2025

India's Billionaire Club Contracts In 2025

Rediff.com22 Jan 2026

The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.

IMF raises India's GDP growth projection to 7.3% for FY26

IMF raises India's GDP growth projection to 7.3% for FY26

Rediff.com19 Jan 2026

The IMF on Monday raised India's growth projection to 7.3 per cent for fiscal 2025-26, up 0.7 percentage point from its October forecast, on the back of better-than-expected performance of the economy. The Washington-headquartered multilateral lending agency has also revised India's Gross Domestic Product (GDP) growth forecast to 6.4 per cent for fiscal year 2026-27 beginning April 1, 2026, from its earlier estimate of 6.2 per cent.

Forex reserves drop $2.7 bn to $687 bn

Forex reserves drop $2.7 bn to $687 bn

Rediff.com14 Nov 2025

India's foreign exchange reserves dropped by another $2.7 billion to $687.03 billion during the week ended November 7, the RBI said on Friday.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

India Ramps Up Gold Reserves...

India Ramps Up Gold Reserves...

Rediff.com19 Mar 2025

The RBI added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025.

Can India Reset Ties With Bangladesh?

Can India Reset Ties With Bangladesh?

Rediff.com24 Feb 2026

Sensitive issues remain. Water sharing of the Ganga and Teesta rivers. Treatment of minorities, particularly Hindus. Border management. Trade imbalances. Connectivity projects.What happens next will shape not just bilateral ties, but the balance of South Asia itself, points out Ramesh Menon.

WPI inflation rises to (-) 0.32% in November

WPI inflation rises to (-) 0.32% in November

Rediff.com15 Dec 2025

Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday.

Sebi Alerts Investors to Fake STT Payment Demands

Sebi Alerts Investors to Fake STT Payment Demands

Rediff.com26 Feb 2026

Sebi cautions investors against fake notices demanding Securities Transaction Tax (STT) payments and warns about fraudsters posing as account handlers promising risk-free profits.

Shah Targets TMC, Cites Infiltration and Appeasement Politics in West Bengal

Shah Targets TMC, Cites Infiltration and Appeasement Politics in West Bengal

Rediff.com28 Mar 2026

Union Home Minister Amit Shah has criticised the TMC government in West Bengal, alleging that its policies have led to increased infiltration and threaten national security. He framed the upcoming elections as a battle against these issues, promising change if the BJP comes to power.

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

Gulf War: How To Manage Investments, Household Budget

Gulf War: How To Manage Investments, Household Budget

Rediff.com17 Mar 2026

Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

Rediff.com8 Dec 2025

Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.

India's household debt rises to 41.3% of GDP, above 5-yr avg

India's household debt rises to 41.3% of GDP, above 5-yr avg

Rediff.com1 Jan 2026

India's household debt climbed to 41.3 per cent of gross domestic product (GDP) at the end of March 2025, marking a sustained rise from its five-year average of 38.3 per cent, with consumption-related loans accounting for bulk of the borrowings, the Reserve Bank of India (RBI) said in its Financial Stability Report.

Reserve Bank of India may conduct OMO auction in first week of Nov

Reserve Bank of India may conduct OMO auction in first week of Nov

Rediff.com31 Oct 2023

Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and maturity of bonds. According to market participants, the Reserve Bank of India (RBI) will issue a notification on OMO sales by October 31. They speculate that the central bank might conduct the auctions in multiple tranches of Rs 10,000 crore.

RBI-Esma MoU set to end CCIL impasse

RBI-Esma MoU set to end CCIL impasse

Rediff.com28 Jan 2026

The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).

Modi Unveils 'Six Guarantees' for West Bengal, Criticises TMC's Governance

Modi Unveils 'Six Guarantees' for West Bengal, Criticises TMC's Governance

Rediff.com9 Apr 2026

Prime Minister Narendra Modi announced six guarantees for West Bengal if the BJP wins the Assembly polls, promising to end the 'reign of fear' and address corruption, while criticising the TMC government's performance.

RBI deputy governor flags cyber risk over volume of personal data with FIs

RBI deputy governor flags cyber risk over volume of personal data with FIs

Rediff.com21 Jan 2026

The increasing use of models, algorithms, and code across the financial industry is reshaping how outcomes are generated. However, their limitations, such as explainability, embedded bias, and model drift may not be immediately apparent and may emerge only as these technologies gain scale, warns RBI deputy governor Shirish Chandra Murmu.

Should India Retain The Inflation Targeting Regime?

Should India Retain The Inflation Targeting Regime?

Rediff.com1 Dec 2025

The best way for India to prepare is by preserving and strengthening the RBI's hard-won credibility, point out Rajeswari Sengupta and Vaishali Garga.

Rupee ends flat at 90.66 against US dollar

Rupee ends flat at 90.66 against US dollar

Rediff.com9 Feb 2026

The rupee witnessed a volatile trading session and settled for the day on a slightly lower note, down 1 paisa at 90.66 against the US dollar on Monday, as traders assessed the details of the India-US interim trade framework.

Sitharaman on India's rising gold reserves

Sitharaman on India's rising gold reserves

Rediff.com10 Feb 2025

Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.

Banks can now fund India Inc's M&A drive

Banks can now fund India Inc's M&A drive

Rediff.com2 Oct 2025

The Reserve Bank of India (RBI) on Wednesday met the long-standing demand of banks by allowing them to finance acquisitions by Indian companies, a move that also expands banks' capital market lending in the country.

Retail inflation rises to 0.71% in Nov

Retail inflation rises to 0.71% in Nov

Rediff.com12 Dec 2025

Retail inflation inched up to 0.71 per cent in November on rising prices of vegetables, protein-rich items, and fuel, government data showed on Friday. The consumer price index (CPI)-based retail inflation had fallen to a record low of 0.25 per cent in October, mainly due to lower prices helped by GST rate cuts and a favourable base.

Why India equity markets are likely to remain volatile next week

Why India equity markets are likely to remain volatile next week

Rediff.com22 Feb 2026

Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com25 Feb 2026

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

The Supreme Court has expressed serious concerns about the rise in digital fraud, particularly digital arrest scams, and has directed the central government to develop a standard operating procedure to combat these crimes.

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rs 54,000 cr digital fraud is 'dacoity', SC tells Centre to act

Rediff.com9 Feb 2026

It said that when a retiree, who withdraws amounts in the range of Rs 10,000 or Rs 20,000, suddenly withdraws huge amounts, then the bank should issue an alert.

Rupee ends up 53 paise to 89.67/USD

Rupee ends up 53 paise to 89.67/USD

Rediff.com19 Dec 2025

The rupee appreciated 53 paise to close at 89.67 against the US dollar on Friday, supported by corporate dollar inflows and easing crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering near $59 per barrel supported the domestic unit at lower levels.

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Banks raised Rs 55K crore through CDs in fortnight ended Nov 14

Rediff.com24 Nov 2025

With deposit growth remaining sluggish and the credit - deposit ratio of commercial banks crossing 80 per cent, banks have ramped up their borrowing in the certificate of deposit (CD) market. In the fortnight ended November 14, CD issuances climbed to nearly Rs 55,000 crore - double the borrowings of the preceding two fortnights and the highest since the September 19 fortnight.

Reserve Bank imposes Rs 1 cr penalty on SBI

Reserve Bank imposes Rs 1 cr penalty on SBI

Rediff.com26 Nov 2021

Reserve Bank on Friday said it has imposed a penalty of Rs 1 crore on State Bank of India (SBI) for deficiencies in regulatory compliance. The penalty has been imposed by an order dated November 16, 2021, Reserve Bank of India (RBI) said in a statement. According to the central bank, Statutory Inspections for Supervisory Evaluation (ISE) of SBI was conducted with reference to its financial positions as on March 31, 2018 and March 31, 2019.

Bank Frauds Creep Back, RBI Sounds Alarm

Bank Frauds Creep Back, RBI Sounds Alarm

Rediff.com8 Nov 2025

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Goldilocks phase, reforms glide path to spur Indian economy in 2026

Rediff.com31 Dec 2025

India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Rediff.com21 Oct 2025

'There are no additional benefits for banks and market participants to use CBDC...'