reserve bank of india

New Delhi, February 22 The Reserve Bank of India has built a high-security data center in Odisha, strategically located far from potential cross-border threat zones and high-seismic-risk regions, as part of efforts to safeguard critical financial infrastructure and strengthen the continuity of...

Mumbai, February 18 The Reserve Bank said on Wednesday that a Unique Transaction Identifier (UTI) will become mandatory for all direct private trades in rupee interest rate and foreign currency derivatives from January 1, 2027.The UTI has been conceived as one of the key data elements...

Guwahati, February 17 The Assam government said on Tuesday that it has seen a steady decline in central government and Finance Commission grants over the last four fiscal years, prompting opposition parties to accuse the Centre of adopting a "stepmotherly" attitude towards the state.Responding...

Mumbai, February 17 The Reserve Bank proposed greater flexibility for authorized persons to engage in foreign exchange transactions for hedging their exposures, managing their balance sheets, and facilitating market-making, as well as to ease reporting requirements, following a review of the...

Chennai, February 17 Tamil Nadu Finance Minister Thangam Thenarasu on Tuesday, while presenting the Interim Budget for 2026-27 in the Assembly, alleged that the union government's actions have caused severe fiscal stress, which has a destabilizing impact on the state's finances.Explaining the...

Mumbai, February 17 In order to support liquidity in the banking system, the Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre's total bond issuances so far in FY26, according to public data.Data compiled by

New Delhi, February 16 The Apparel Export Promotion Council (AEPC) said on Monday that it has requested the Reserve Bank of India to introduce a special interest package scheme for MSMEs.AEPC Chairman A Sakthivel said that he met Reserve Bank of India Governor Sanjay Malhotra in Mumbai and...

Mumbai, February 16 The RBI on Monday issued draft guidelines for banks to report foreign exchange derivative transactions involving the rupee undertaken by their related parties globally, a move aimed at enabling better pricing decisions by market participants.The Reserve Bank said it has...

Ranchi, February 16 – The Enforcement Directorate's Ranchi Zonal Office filed a chargesheet on Monday before the special court in Ranchi under the Prevention of Money Laundering Act (PMLA) against Maxizone Touch Private Limited and its directors, Chander Bhushan Singh and Priyanka.The case...

Mumbai, February 16 RBI Governor Sanjay Malhotra said that improving access to timely and adequate formal credit for MSMEs remains a key policy priority of the central bank.As part of the Reserve Bank of India's continued engagement with stakeholders, the governor held a meeting with select...

New Delhi, February 16 Wholesale price inflation continued its upward trend for the third consecutive month, reaching 1.81 per cent in January, driven by increases in the prices of food, non-food items, and manufactured goods on a month-over-month basis, according to government data released on...

Chennai, February 15 – The Tamil Nadu government is expected to release its second Economic Survey on Monday (February 16, 2026), a day before the presentation of the interim budget for 2026-27 in the State Assembly.The document, prepared by the State Planning Commission with substantial...

Gandhinagar, February 15 – India accounts for more than half of the world's total digital transactions, Union Home Minister Amit Shah said on Sunday while launching the country's first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) in Gandhinagar, Gujarat.Speaking...

New Delhi, February 14 Gold loan financier Manappuram Finance said on Saturday that it has received final approval from the Reserve Bank of India (RBI) for the proposed acquisition of up to 41.66 per cent of the company's paid-up equity capital/convertible instruments by affiliates of Bain...

Mumbai, February 13 The Reserve Bank on Friday issued the final guidelines on acquisition financing by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules.In amended directions governing commercial banks' credit...

New Delhi, February 13 MUFG has proposed appointing two directors on the Shriram Finance board as nominees of the investor, following the Japanese bank's acquisition of a 20 per cent stake.Morihiko Fuji and Shinichi Fujinami would be appointed to the board to meet the applicable "fit and...

Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...

Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...

Mumbai, February 13 Bank credit growth continued to be in double digits, rising to 14.41 per cent year-on-year for the fortnight ended January 31, the Reserve Bank said on Friday.The key number on banks' non-food credit expansion has remained in double digits for the past five months following...

New Delhi, February 13 AU Small Finance Bank, the first SFB in over a decade to receive in-principle approval from the Reserve Bank of India (RBI) to transition into a universal bank, announced on Friday RBI's approval for the reappointment of Sanjay Agarwal as its Managing Director & Chief...