Former RBI Governor Shaktikanta Das is among the longest-serving governors of the central bank. He took the post in 2018 following the departure of his predecessor, Urijit Patel. Global ...

Dividends the government may receive from the RBI and state-run lenders in FY26 are estimated at ₹2.56 lakh crore, as against ₹2.30 lakh crore for FY25. The higher transfers may be due to the ...

"In a free interest rate regime, RBI cannot impose any caps, and it is not doing it. Technically, RBI has no role to play on lending rates that banks and NBFCs decide. But, there is a subtle pressure: ...

MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra’s first monetary policy committee (MPC) meeting on Wednesday. The ...

HDFC Bank and IndusInd Bank gained 0.6 per cent each. AU Small Finance Bank led the gainers' list, rising 1.4 per cent by 10:20 a.m. The Monetary Policy Committee (MPC), under the leadership of new ...

The brokerage remains overweight on PNB Housing Finance, Shriram Finance, and Bajaj Finance, citing their limited sensitivity to rate changes. While the RBI’s decision is expected to provide relief to ...

Equally worried is a Mumbai-based transport operator who is concerned that he may not be able to pay his employees. They are among the many depositors hit hard by RBI’s directives against the ...

Finance Minister Nirmala Sitharaman on Saturday announced to increase TCS on remittances under RBI’s Liberalised remittance scheme from Rs 7 lakh to 10 lakh, in the Budget 2025. “The threshold to ...

The Reserve Bank of India (RBI) could start using the Cash Reserve Ratio (CRR) as a regulatory intervention tool rather than just a liquidity management mechanism in the future, according to a recent ...