reserve bank of india

  1. S

    RBI Boosts Liquidity with OMO Purchase

    Mumbai, March 11 The Reserve Bank of India (RBI) said on Wednesday that it will inject Rs 50,000 crore into the banking system through Open Market Operations (OMO) purchases of government securities on March 13.The auction will take place between 9:30 am and 10:30 am on March 13, the central...
  2. S

    CRED's Expansion: RBI Authorization Boosts Payment Aggregation

    New Delhi, March 11 Fintech platform CRED announced on Wednesday that it has received final authorization from the Reserve Bank of India to operate as a payment aggregator.With this, CRED and its subsidiaries now hold two Reserve Bank of India (RBI) authorizations, including the Prepaid...
  3. J

    Banks to See Adjusted Dividend Calculations Under New RBI Guidelines

    Mumbai, March 10 The Reserve Bank of India on Tuesday issued revised prudential norms governing dividend declaration by banks after examining feedback from stakeholders on the draft guidelines.Among the key changes, the RBI has eased the method of calculating "Adjusted Profit After Tax (PAT)"...
  4. S

    Banks to Receive Maximum 75% Dividends from FY27

    Mumbai, March 10 The Reserve Bank of India has capped the maximum dividend that banks can pay to shareholders at 75 per cent of profit after tax (PAT), effective from the financial year 2026-27.The central bank issued the Reserve Bank of India (Commercial Banks – Prudential Norms on...
  5. S

    Digital Payment Awareness Campaign Urges Caution in Online Transactions

    Ahmedabad, March 9 – The Reserve Bank of India (RBI) launched the sixth edition of the Digital Payment Awareness Week (DPAW) in Ahmedabad on Monday, with a program focused on women, highlighting the need for greater public awareness about safe digital transactions in the face of rising cases of...
  6. A

    ECI Reviews Preparedness, Holds Agencies Accountable in Bengal Polls

    Kolkata, March 9 Representatives from various state and central agencies faced the ire of the Chief Election Commissioner (CEC), Gyanesh Kumar, at a crucial meeting between the Election Commission of India's (ECI) full bench and the nodal officers of different state and central agencies...
  7. A

    Bengal Election Preparations: Focus on Law Enforcement and Narcotics

    Kolkata, March 9 Chief Election Commissioner Gyanesh Kumar warned on Monday that any lapse in maintaining law and order ahead of the West Bengal Assembly elections would not be tolerated, officials said.Kumar also questioned the absence of a Narcotics Advisory Committee in the state.The...
  8. V

    Banks Waive Penalties for Low Savings Account Balances

    New Delhi, March 9 Approximately 72 crore Basic Savings Bank Deposit Accounts (BSBDAs), including those under the PM Jan Dhan scheme, are not subject to any penalties for failing to maintain a minimum balance, Finance Minister Nirmala Sitharaman said on Monday.In a written reply to a question...
  9. A

    Government Manages Bond Maturities with RBI Auction

    Mumbai, March 9 The government has purchased G-secs worth Rs 6,309 crore through the auction conducted by the Reserve Bank of India (RBI), and has also issued bonds worth Rs 6,431.797 crore, according to a release.Government securities (G-Secs) are low-risk debt instruments issued by the...
  10. D

    RBI Injects ₹50,000 Crore into Banks via Government Securities

    Mumbai, March 9 The Reserve Bank of India (RBI) injected ₹50,000 crore into the banking system on Monday through Open Market Operations (OMO) purchases of government securities, according to a release.The central bank purchased 6.33% GS (Government Security) bonds worth ₹13,507 crore, 6.01% GS...
  11. K

    India Infrastructure Finance Company Projects Growth

    New Delhi, March 9 State-owned India Infrastructure Finance Company Ltd (IIFCL) is set to cross the Rs 1 lakh crore loan book milestone in FY2026-27, driven by a strong project pipeline, its Managing Director Rohit Rishi has said."As of December 31, 2025, IIFCL's loan book stood at Rs 80,515...
  12. S

    AAP's Loan Proposals Scrutinized Amid Debt Concerns

    New Delhi, March 7 – Delhi BJP President Virendra Sachdeva on Saturday condemned Aam Aadmi Party's city convenor Saurabh Bharadwaj for making a "baseless" allegation against the Delhi government regarding the management of a ₹1,000 crore loan.Sachdeva stated that for state governments, taking...
  13. M

    Fiscal Deficit and Borrowing Concerns Highlighted in Andhra Pradesh CAG Report

    Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...
  14. H

    State Debt Increases as Andhra Pradesh Exceeds Fiscal Targets

    Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...
  15. T

    Revised RBI Rules Expand Customer Protection in Digital Fraud

    Mumbai, March 6 The Reserve Bank of India on Friday issued draft amendment guidelines to strengthen the framework governing customer liability in digital transactions, as it seeks to widen protection for users and speed up the resolution of complaints related to fraudulent electronic banking...
  16. G

    OMO Auction Announced: RBI to Buy Securities on March 9 & 13

    Mumbai, March 6 The Reserve Bank of India (RBI) on Friday said it will conduct an open market operation (OMO) of Rs 1 lakh crore, purchasing government securities in two tranches on March 9 and March 13.Each tranche of the auction will involve Rs 50,000 crore, it said.The OMO purchase...
  17. V

    Kumaraswamy Criticizes Karnataka Budget, Citing Economic Disarray

    Bengaluru, March 6 Union Minister H D Kumaraswamy on Friday criticized Karnataka Chief Minister Siddaramaiah, claiming that while he may celebrate the presentation of his 17th Budget, the people of the state are left bearing the burden of its consequences.The CM has put the state’s economy in...
  18. S

    India's Foreign Exchange Reserves Increase to $728.49 Billion

    Mumbai, March 6 India's foreign exchange reserves jumped by USD 4.885 billion to a record high of USD 728.494 billion during the week ended February 27, the Reserve Bank said on Friday.In the previous reporting week, the overall reserves had fallen by USD 2.119 billion to USD 723.608 billion...
  19. S

    India's Rupee Gains 45 Paise Amid Global Uncertainty

    Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 45 paise at 91.60 (provisional) against the US dollar on Thursday, driven by buying trends in domestic equity markets and reports of Reserve Bank intervention.According to forex analysts, the Reserve Bank seems...
  20. A

    RBI Announces G-Sec Switch Auction for Rs 20,000 Crore

    Mumbai, March 4 The Reserve Bank of India (RBI) announced on Wednesday that it will conduct a switch auction of government securities worth Rs 20,000 crore on March 9.The auction will take place between 10:30 AM and 11:30 AM. The results of the auction will be announced on the same day, and...
Back
Top