Starting October 12, the RBI says it will meet the entire daily dollar requirements of Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation
While commercial real estate is likely unaffected, retail property may see cautious developer sentiment and potential project deferrals, say market watchers
The Monetary Policy Report October 2026 revealed that the inflation was primarily driven by global energy shocks, domestic weather disruptions including El Niño and monsoon deficit, and rising crude oil prices
Consumer inflation exceeded RBI's target for third consecutive month, prompting rate hike in line with global central banks
Reserve Bank of India updates its rules regarding banknote sorting machines, allowing non-permanent pencil markings on notes to no longer be classified as unfit
Banks will be allowed to offer differential interest rates on bulk deposits (₹3 crore and above) based on asset risk assessment
Despite the RBI's efforts, VRRR auctions have seen tepid bank participation which can lead to a potential rate hike during its next monetary policy review
Bank shares experienced a significant boost on Thursday, driven by a substantial forex inflow into India, primarily through the Reserve Bank of India's Foreign Currency Non-Resident (bank) (FCNR(B)) scheme
With India's vast population and geographical spread, the scale of currency management is immense, involving the planning, production, distribution, and refresh of approximately 176 billion rupee banknotes in cicrculation today
The Reserve Bank of India has advanced the closure of the Foreign Currency Non-Resident (bank) (FCNR (B)) scheme to August 30
News of the RBI proposal weeks ago had already sparked concerns about how the field trials would impact the paper-based notes currently in existence
The draft Credit Valuation Adjustment (CVA) Framework directions for commercial banks published by the RBI are open for comments from the public till Aug 28
Loans granted in India against specific NRI deposit types will now be excluded from the Adjusted Net Bank Credit (ANBC) calculation, which determines a bank's priority-sector lending obligations
The decision to maintain the repo rate reflects concerns over rising headline inflation, primarily driven by elevated crude oil prices due to the West Asia conflict
RBI repo rate remains unchanged at 5.25 per cent for the third consecutive time, influenced by volatile energy prices and supply disruptions stemming from the West Asia war
These changes apply from October 1, 2026, and amend the 2025 ‘Interest Rate on Deposits’ directions for all major categories of banks
Security-grade polymer substrates are generally used by several countries to print plastic banknotes as they can resist general wear and tear, moisture and counterfeiting. These are said to last 2.5 times longer than paper
Banks are stronger than ever, according to the Reserve Bank of India, but the apex body warns of AI bubble risk
Monetary Policy Committee may have to tackle the issue of WPI-CPI divergence in upcoming meetings
India's economy faces significant challenges with rupee depreciation, widening trade deficits, and capital flight, raising concerns about the growth story
India’s apex bank to approach High Court for winding-up petition, but your deposits are reportedly safe, and your Paytm app still works
This is one of many such claims about old Rs 500 and Rs 1000 notes that have been circulating over the past few months
As India’s apex bank holds rates steady at 5.25%, here is what it means for you.
Despite being a macroeconomic star on paper, India has not been able to translate stellar GDP performance into capital stability
From tax-free income up to Rs 12 lakh to stricter UPI security and new PF rules, these reforms will directly impact everyday life
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