reserve bank of india

The Reserve Bank of India has issued revised draft guidelines for the Kisan Credit Card (KCC) scheme, proposing to include expenses on agricultural technology initiatives such as soil testing, weather forecasting, and organic certification within eligible farm loan components.The draft allows...

Mumbai, February 12 The Indian Government on Thursday bought back government securities (G-secs) worth ₹75,504.43 crore from the Reserve Bank of India (RBI) through a switch auction, while also issuing bonds worth ₹69,436.15 crore.The securities repurchased by the government were part of the...

Mumbai, February 12 The Reserve Bank on Thursday released draft rules governing banks' engagement of loan recovery systems, mandating training for agents and also recordings of all calls.A bank must ensure that all phone calls made to a borrower by an agent are recorded, the RBI said...

Mumbai, February 12 The Reserve Bank of India (RBI) on Thursday issued draft guidelines to revise and consolidate the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects, and addressing emerging requirements in the agricultural sector.The central bank...

New Delhi, February 12 Chief Economic Advisor V Anantha Nageswaran said on Thursday that the new CPI series will improve the quality of data used in formulating monetary and fiscal policies.The National Statistics Office (NSO) under the Ministry of Statistics & Programme Implementation (MoSPI)...

Mumbai, February 12 The Reserve Bank said on Thursday that the digitization of payments further improved in the six months to September 2025, continuing a trend that began in January 2021.The Reserve Bank of India - Digital Payments Index (RBI-DPI), which has been published since January 2021...

Mumbai, February 11 Banks should refrain from offering any incentives that could lead to the mis-selling of products or services, the Reserve Bank proposed on Wednesday.In its draft amendment directions for advertising, marketing, and sales of financial products and services by regulated...

Mumbai, February 11 The Reserve Bank of India (RBI) is likely to announce a short-term variable rate reverse repo (VRRR) auction in the coming days to absorb excess liquidity from the banking system and bring the overnight call money rate closer to the policy repo rate, experts said on...

New Delhi, February 11 The government will release the retail inflation data for January based on the new Consumer Price Index (CPI) series on Thursday, which will also reflect price movements in airfares, e-commerce platforms, and subscription rates of OTT channels.The new series, with a base...

Mumbai, February 10 The RBI proposed on Tuesday to exempt non-deposit-taking non-banking financial companies, with an asset size of less than Rs 1,000 crore, from registration and classify them as Type-I NBFCs, with the aim of reducing compliance requirements.In a draft circular, the RBI...

New Delhi, February 10 Approximately ₹72,454 crore in unclaimed deposits from banks, including foreign lenders, are held by the Depositor Education and Awareness (DEA) Fund maintained by the Reserve Bank of India (RBI) as of January 28, 2026, Parliament was informed on Tuesday.The balances in...

Mumbai, February 10 The Reserve Bank of India (RBI) on Tuesday released draft amendment guidelines for lending, proposing to allow urban cooperative banks to double the share of unsecured assets to 20 per cent.According to the draft guidelines for UCBs, the central bank is proposing to...

New Delhi, February 10 Foreign direct investment (FDI) equity inflows in the banking sector have declined from USD 898 million in FY23 to USD 115 million in FY25, Parliament was informed on Tuesday.Total FDI inflows include equity inflows, equity capital of unincorporated bodies, reinvested...

New Delhi, February 9 The use of Artificial Intelligence in tackling mule accounts, which form a key element in facilitating the laundering of illicit funds stolen through cyber crimes, will be one of the focus areas of the two-day conference organized by the CBI and the Indian Cyber Crime...

Bhubaneswar, February 9 Odisha's finance department principal secretary, Sanjeeb Kumar Mishra, on Monday urged bankers to make efforts to increase financial literacy among poor and rural people to protect them from financial fraudsters.Mishra made the remarks while speaking at an event...

Mumbai, February 9 The RBI stated on Monday that banks can extend collateral-free loans up to ₹25 lakh to Micro and Small Enterprises (MSEs) based on their good track record and financial standing.The Reserve Bank of India (RBI) has amended the guidelines related to "Lending to Micro, Small &...

New Delhi, February 9 The Supreme Court on Monday described the siphoning of over ₹54,000 crore by digital fraudsters as "absolute robbery or dacoity" and asked the Centre to draft a standard operating procedure in consultation with stakeholders such as the RBI, banks, and the Department of...

Mumbai, February 9 Reserve Bank Governor Sanjay Malhotra launched the 11th edition of Financial Literacy Week (FLW) 2026 on Monday, with the theme "KYC – Your First Step to Safe Banking."The Reserve Bank of India (RBI) has been conducting FLW every year since 2016 to promote financial...

New Delhi, February 9 Moody's Ratings projected on Monday that India's GDP will grow at 6.4 per cent in the next fiscal year, the fastest pace among G-20 economies, driven by strong domestic consumption, policy measures, and a stable banking system.In its report on the banking system, Moody's...