News for 'reserve-bank'

Bengal polls: CEC warns of action over law and order lapses

Bengal polls: CEC warns of action over law and order lapses

Rediff.com9 Mar 2026

The Election Commission has warned against any lapses in maintaining law and order ahead of the West Bengal Assembly elections, questioning the absence of a Narcotics Advisory Committee in the state and directing strict monitoring of financial transactions.

Gold Reserves Drop Hit Forex Reserves

Gold Reserves Drop Hit Forex Reserves

Rediff.com28 Mar 2026

The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.

Rupee breaches 93/dollar for the first time, down 19 paise

Rupee breaches 93/dollar for the first time, down 19 paise

Rediff.com20 Mar 2026

The Indian rupee weakened to a record intra-day low against the US dollar due to a strengthening greenback, continuous foreign capital outflows, and elevated global crude oil prices amidst the West Asia conflict.

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Rediff.com31 Mar 2026

'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

RBI Processes 99.8% of Applications Under Citizen's Charter Within Timeline

Rediff.com2 Mar 2026

The Reserve Bank of India (RBI) announced that it processed 99.8% of applications within the prescribed timeline under its Citizen's Charter in February, demonstrating high efficiency in its operations.

Remittances from West Asia see 20-30% jump in March due to conflict

Remittances from West Asia see 20-30% jump in March due to conflict

Rediff.com20 Mar 2026

Remittances from West Asia in March rose sharply amid the conflict in the region, with industry insiders estimating inflows to be 20-30 per cent higher than what is usual in a month.

Haryana Police Unveils 'Abhedya' App to Tackle Cyber Threats

Haryana Police Unveils 'Abhedya' App to Tackle Cyber Threats

Rediff.com21 Mar 2026

The Haryana Police have launched 'Abhedya', a mobile application designed to curb cybercrime, extortion, and threatening calls. This initiative makes Haryana the first state in India to introduce such a measure, aiming to protect citizens from various forms of digital harassment.

Fraud Victims May Get Rs 25k

Fraud Victims May Get Rs 25k

Rediff.com7 Mar 2026

Only bona fide victims would be compensated by banks within five days of receiving the complaint.

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

HDFC Bank Shares Tumble 7.5%, Rs 1 Trn Mcap Wiped Out

Rediff.com21 Mar 2026

Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

PSPB Men Dominate, RBI Women Prevail at Senior Table Tennis Nationals

PSPB Men Dominate, RBI Women Prevail at Senior Table Tennis Nationals

Rediff.com17 Mar 2026

Petroleum Sports Promotion Board (PSPB) men secured a dominant victory at the Senior Table Tennis National Championships, while Reserve Bank of India (RBI) women reclaimed their title after two years.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

HDFC Bank CEO: 'We Requested Chakraborty To Spell Out The Issues'

Rediff.com30 Mar 2026

'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.

SC to Address Rising Cybercrime of Digital Arrests

SC to Address Rising Cybercrime of Digital Arrests

Rediff.com16 Mar 2026

The Supreme Court of India will hear a suo motu case concerning victims of digital arrest, a growing form of cybercrime where fraudsters impersonate officials to extort money from victims.

Compensation: What Digital Fraud Victims Must Know

Compensation: What Digital Fraud Victims Must Know

Rediff.com23 Mar 2026

Customers will qualify for compensation even if they mistakenly share the OTP.

RBI proposes easing forex transaction norms

RBI proposes easing forex transaction norms

Rediff.com17 Feb 2026

The Reserve Bank on Tuesday proposed greater flexibility to authorised persons to undertake foreign exchange transactions for hedging their exposures, balance sheet management and market-making, as well as to ease reporting obligations, after a review of the current regulations.

'No Governance Issue In HDFC Bank'

'No Governance Issue In HDFC Bank'

Rediff.com20 Mar 2026

'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Model Accuses IPL Cricketer Amit Mishra of Dowry Harassment and Assault

Rediff.com9 Mar 2026

A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rice exporters seek urgent relief as Iran crisis disrupts exports, shipping

Rediff.com5 Mar 2026

Indian rice exporters are seeking urgent government support to mitigate the impact of shipping disruptions caused by the Iran crisis and instability in key maritime routes. The disruptions have led to increased freight rates, insurance premiums, and fuel costs, impacting domestic prices and exporter profitability.

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Kanpur Police Bust Robbery, Expose Crores-Worth Hawala Racket

Rediff.com27 Feb 2026

Kanpur Police solved a robbery case leading to the discovery of a large hawala network. Six people were arrested, and investigations are ongoing to uncover the full extent of the illegal financial activities.

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rupee falls 31 paisa/$, but sees best week sinse Jan '23

Rediff.com6 Feb 2026

The rupee declined 31 paise to settle at 90.65 against the US dollar on Friday, weighed down by geopolitical uncertainties over the US-Iran talks, and a sharp rise in global crude oil prices.

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.'

RBI takes measured steps on liquidity amid tax outflows

RBI takes measured steps on liquidity amid tax outflows

Rediff.com9 Mar 2026

To meet liquidity pressure because of advance tax outflows this month, the Reserve Bank of India (RBI) has adopted a measured approach with its latest announcement of open-market operations (OMOs), worth Rs 1 trillion.

ADB flags India's oil vulnerability amid rising West Asia tensions

ADB flags India's oil vulnerability amid rising West Asia tensions

Rediff.com7 Mar 2026

Asian Development Bank (ADB) on Friday warned that India's limited crude oil reserves of about 100 million barrels - sufficient for only 40-45 days of consumption - leave the country particularly vulnerable to supply disruptions through the Strait of Hormuz amid the ongoing war in West Asia.

RBI Proposes Strict Curbs On Bank Recovery Agents

RBI Proposes Strict Curbs On Bank Recovery Agents

Rediff.com13 Feb 2026

Abusive language, threats, harassment, excessive or anonymous calls, public humiliation, and misleading representations are explicitly prohibited.

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.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com6 Feb 2026

Benchmark lending rates unchanged with repo rate at 5.25%

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

GIFT IFSC captures 65% of ECBs in FY26 on lower taxes, lighter rules

Rediff.com13 Feb 2026

Nearly two-thirds of external commercial borrowings (ECBs) raised so far in the ongoing financial year (2025-26/FY26) have been routed through Gujarat International Finance Tec-City (GIFT City), a sharp jump from the 36 per cent recorded in 2024-25.

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.

Stock markets end higher; ITC, banks lead recovery

Stock markets end higher; ITC, banks lead recovery

Rediff.com6 Feb 2026

Stock markets closed higher on Friday after the Reserve Bank of India kept its benchmark interest rate unchanged as expected and proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Forex kitty jumps by $14.36 bn to new peak of $723.77 bn

Rediff.com7 Feb 2026

India's forex reserves jumped by another $14.36 billion to a new all-time high of $723.77 billion during the week ended January 30, the Reserve Bank said on Friday.

How investors will benefit if banks start lending to Reits

How investors will benefit if banks start lending to Reits

Rediff.com6 Feb 2026

The Reserve Bank of India on Friday proposed to allow banks to lend to Real Estate Investment Trusts (REITs) with certain prudential safeguards to deepen the financing pool for the real estate sector.

RBI to roll out risk-based premium model for deposit insurance

RBI to roll out risk-based premium model for deposit insurance

Rediff.com10 Feb 2026

The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.

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).

Govt moves to shield trade as Iran war chokes sea routes

Govt moves to shield trade as Iran war chokes sea routes

Rediff.com5 Mar 2026

With the Iran war escalating sharply and crisis deepening in the global energy market, India on Monday unveiled a coordinated plan to support exporters and shippers caught in the fallout.

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.

Wholesale price inflation rises marginally to 0.83% in December

Wholesale price inflation rises marginally to 0.83% in December

Rediff.com14 Jan 2026

Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.

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.