New Delhi: The Reserve Bank of India (RBI) is likely to hold repo rate hike in its June monetary policy meeting and must use short-term rates and nudging to manage the pressure on the domestic currency, an SBI Research report said on Sunday. “Our call is along ‘hold the rates’ with a data-driven future dependency..
Mumbai: The Reserve Bank of India announced on Friday that it is carrying out a Variable Rate Reverse Repo (VRRR) auction worth Rs 2 lakh crore with a 7-day tenor to absorb excess, durable liquidity from the banking system. The date of reversal is April 17. Purpose of VRRR and Liquidity Management The VRRR is.
New Delhi: Reserve Bank of India’s decision to keep the repo rate unchanged at 5.25 per cent is likely to provide stability for mortgage rates, real estate industry leaders said on Wednesday. Shrinivas Rao, FRICS, CEO, Vestian welcomed the pause as a relief for developers and homebuyers as it will keep mortgage rates competitive when.
New Delhi: The Reserve Bank of India (RBI) has deferred the implementation of its revised capital market exposure framework by three months, changing the effective date to July 1, 2026, from the earlier April 1 deadline. The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational.
Mumbai: The Reserve Bank of India (RBI) on Friday issued a draft circular on the revised guidelines of the Lead Bank Scheme for public comments, which can be submitted till March 6. Governor announces move to streamline operations Reserve Bank Governor Sanjay Malhotra had announced, as part of the Statement on Developmental and Regulatory Policies.
Mumbai: The Reserve Bank of India’s (RBI) Digital Payments Index (DPI) rose to 516.76 as of September 2025, up from 493.22 in March 2025, according to an RBI statement issued on Thursday. Growth Driven by Payment Performance, Enablers The RBI said the rise in the index was mainly driven by strong growth in payment performance.
Abhishek Vij The Reserve Bank of India announces the country’s monetary policy every two months. Along with the announcement of the new monetary policy, the Reserve Bank presented its assessment for the current financial year 2025-26. The country’s monetary policy has been announced based on the status quo. The most important is the repo rate..
India's foreign exchange reserves witnessed a massive surge of $14.167 billion to reach $701.36 billion in the week ended January 16, the Reserve Bank of India (RBI) data showed on Friday.
Mumbai: Paytm on Friday clarified to the Indian bourses that any impact from the conclusion of the RBI’s Payment Infrastructure Development Fund (PIDF) scheme is expected to be offset over time through revenue growth and more targeted sales efforts. PIDF Incentive Income and Company Clarification In a filing to stock exchanges, One 97 Communications Ltd,.
New Delhi: Despite an uncertain and challenging global economic backdrop, the Indian economy continues to grow strongly, underpinned by robust domestic demand, benign inflation, and prudent macroeconomic policies, the Reserve Bank of India (RBI) has said. Financial System Stable, External Risks Persist The domestic financial system remains robust and resilient, bolstered by strong balance sheets,.
India's foreign exchange reserves increased by $1.689 billion to reach $688.94 billion for the week ended December 12, the Reserve Bank of India (RBI) said on Friday.
