rbi

Mumbai, April 2 – Stock markets staged a strong recovery on Thursday, erasing early losses to close higher, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700, driven by strong value buying in IT and banking shares and a sharp rebound in the rupee.After...

Mumbai, April 1 The Reserve Bank of India (RBI) said on Wednesday that it processed 99.9 per cent of applications within the prescribed timeline in March 2026, according to official data.The central bank said that it handled a total of 24,911 applications in March, including pending cases and...

Mumbai, April 1 The Reserve Bank of India (RBI) said on Wednesday that 98.45 per cent of the Rs 2,000 banknotes in circulation have been returned.The central bank announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.The total value of Rs 2000 banknotes...

Mumbai, April 1 The rupee gained 15 paise to 94.70 against the US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and the retreat of the US dollar overseas.However, the local currency remained under pressure due to higher crude oil prices and sustained...

Mumbai, March 31 The supervisory data quality index score for scheduled commercial banks has improved to 90.9 in the December 2025 quarter, compared to 90.7 in the July-September period, the RBI said on Tuesday.The Reserve Bank of India (RBI) has created the supervisory data quality index...

Mumbai, March 30 The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following feedback from stakeholders.The central bank stated that it has also revised the "Amendment Directions on Capital Market...

Mumbai, March 30 The rupee breached the 95/USD mark on Monday before regaining some ground to settle at 94.70 against the US dollar, up 15 paise, after the escalation of the Iran war jolted global markets, fueling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair...

Mumbai, March 30 The RBI on Monday imposed a penalty of ₹31.8 lakh on Airtel Payments Bank for non-compliance with certain provisions related to disclosure in financial statements.The Reserve Bank of India (RBI) said it had conducted a statutory inspection for supervisory evaluation of the...

Mumbai, March 30 The net claims of non-residents on India stood at USD 260.5 billion as of end-December 2025, down USD 10.9 billion from the previous quarter, driven by a relatively higher increase in Indian residents' overseas financial assets compared to the increase in foreign-owned assets in...

Mumbai, March 30 The Reserve Bank of India (RBI) injected ₹84,582 crore of short-term liquidity into the banking system on Monday through two variable rate repo (VRR) auctions.The central bank injected ₹50,001 crore through the first three-day VRR auction early in the day at a cut-off rate of...

Mumbai, March 30 Call money rates on Monday reached the 7 per cent mark as banks increased borrowing to meet heightened liquidity requirements ahead of the fiscal year-end.Market participants said that demand for short-term funds has risen sharply due to balance sheet adjustments and...

Union Finance Minister Nirmala Sitharaman stated that banks in the country operate under a strict legal and regulatory framework to ensure the safety and confidentiality of customer data. The Minister was responding to supplementary questions during Question Hour in the Lok Sabha today. Ms...

Bhubaneswar, March 28 The next phase of inventory of the Puri Jagannath temple's Ratna Bhandar will be conducted over three days from April 8, Odisha Law Minister Prithiviraj Harichandan said on Saturday.Speaking to reporters, Harichandan said preparations have been completed for the next...

Mumbai, March 27 The Reserve Bank on Friday fixed the limit for Ways and Means Advances (WMA) for the first half of 2026-27 at ₹2.5 lakh crore to help the central government meet any temporary mismatch in receipts and payments.The Reserve Bank of India may initiate fresh issuance of market...

Mumbai, March 27 India's foreign exchange reserves dropped by USD 11.413 billion to USD 698.346 billion during the week ended March 20 due to a sharp decrease in gold reserves, the RBI said on Friday.In the previous reporting week, the overall reserves had dropped by USD 7.052 billion to USD...

Mumbai, March 27 The Reserve Bank of India (RBI) injected ₹65,322 crore of temporary liquidity into the banking system on Friday through a six-day variable rate repo (VRR) auction.The RBI injected the funds at a cut-off rate of 5.26 per cent and a weighted average rate of 5.29 per cent, the...

Mumbai, March 25 The rupee plunged by 29 paise to close at a record low of 94.05 (provisional) against the US dollar on Wednesday, as heavy outflows by foreign investors and rising tensions in the Middle East kept investors on edge.Even a drop in global crude oil prices, a weaker US dollar...

New Delhi, March 24 – While presenting the 2025-26 budget, Delhi Chief Minister Rekha Gupta stated on Tuesday that, on the revenue side, the government will raise funds through multiple channels, including Rs 16,700 crore in market borrowings channeled through the RBI.Additionally, Rs 2,500...

Mumbai, March 24 The Reserve Bank is developing more digital public infrastructure and payment intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer experience and strengthen the payment ecosystem, according to a senior central...

Mumbai, March 24 The Reserve Bank of India (RBI) injected ₹55,837 crore of short-term liquidity into the banking system on Tuesday through a three-day variable rate repo (VRR) auction.The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a...