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Uncertainty lingers over Tata Sons de-classification as upper-layer NBFC
Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000
If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate
Vivek Deep, Rohit Jain, Radha Shyam Ratho and Ajay Kumar - all executive directors of RBI - will likely be interviewed for the post on Monday
RBI will conduct a seven-day variable rate reverse repo auction for ₹2 trillion between 2 pm and 2:30 pm, and the reversal of these funds will take place on April 17
Jefferies estimates banks could face losses of up to ₹5,000 crore ($539 million) from the forced unwinding
RBI imposed limits on banks on March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10
RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring, as fraud cases surge sharply
While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue
Move expected to improve liquidity and price discovery, though borrowing costs may remain aligned with commercial paper rates due to credit profile differences
The measures were aimed specifically at curbing arbitrage trades between the onshore market and the non-deliverable forward (NDF) market, per bankers
RBI holds rates and signals a prolonged pause, balancing strong domestic fundamentals against rising global risks and persistent uncertainty
RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders
RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place
RBI signals policy flexibility amid uncertainty, with stable growth outlook, no rate path commitment, and confidence in inflation control and financial stability
Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal
RBI allows NBFCs, corporates and AIFIs to participate in term money market to deepen liquidity, improve price discovery and strengthen policy transmission
RBI proposes removing due diligence requirement for MSMEs on TReDS platform to improve access to working capital and encourage wider participation
Deputy Governor T Rabi Sankar said there was an "artificial drying up" of supply in the market during those days, which led to the measures
RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts