Page 2 - Latest Updates on Reserve Bank of India
Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra
A rate cut will not be possible for the next 13-14 months due to the inflation outlook, said Mishra, who is also a part-time member of the PM's Economic Advisory Council
 "Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra")
'Credit card delinquencies rise in June even as issuance growth drops'
According to CRIF Highmark report, highest delinquency was in credit cards with limits less than Rs 50,000
 "'Credit card delinquencies rise in June even as issuance growth drops'")
Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address
'We cannot be stuck. We have to be agile while maintaining policy continuity,' Sanjay Malhotra said in his first address as RBI governor
 "Stability, trust, and growth key: RBI Guv Sanjay Malhotra in first address")
10-year bond yield may fall to 6.6% if RBI eases in Feb: ICICI's Prasanna
Prasanna expects a shallow monetary easing cycle of 50 basis points, with a 25-basis-point reduction in February, and a similar one in April or June
 "10-year bond yield may fall to 6.6% if RBI eases in Feb: ICICI's Prasanna")
Sanjay Malhotra assumes charge as new RBI governor amid economic challenges
Malhotra's appointment marks him as the first RBI governor since Duvvuri Subbarao to transition directly from the Finance Ministry
 "Sanjay Malhotra assumes charge as new RBI governor amid economic challenges")
Stable govt, GDP growth to help India get FPIs: Barclays' Prez Dainton
India has a demographic advantage and substantial growth and a political system that is relatively calm and consistent, Stephen Dainton, President of Barclays Bank PLC said
 "Stable govt, GDP growth to help India get FPIs: Barclays' Prez Dainton")
Rupee likely to maintain downward drift, RBI counted on to cap losses
The one-month non-deliverable forward indicated that the rupee may open near 84.88
 "Rupee likely to maintain downward drift, RBI counted on to cap losses")
Packing and labelling imported goods don't confer Indian-origin status
The balances in the RVAs are built through inward remittances in freely convertible currencies
 "Packing and labelling imported goods don't confer Indian-origin status")
Civil servants at Mint Road: A legacy of leadership at the RBI helm
Economists can still look forward to filling the deputy governor's position
 "Civil servants at Mint Road: A legacy of leadership at the RBI helm")
Will do what is best for economy, says incoming RBI guv Sanjay Malhotra
Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth
 "Will do what is best for economy, says incoming RBI guv Sanjay Malhotra")
India set for resilient growth in 2025 driven by urban consumption: S&P
For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates
 "India set for resilient growth in 2025 driven by urban consumption: S&P")
Burmans get RBI nod for 26% Religare stake offer, await Sebi approval
The RBI grants conditional approval for the Burman family's 26% stake offer in Religare, with restrictions on board changes. Sebi approval is still pending amid valuation disputes
 "Burmans get RBI nod for 26% Religare stake offer, await Sebi approval")
India to continue resilient growth, RBI may do modest rate easing: S&P
In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26
Restoring inflation-growth balance most important priority for RBI: Das
Outgoing RBI Governor Shaktikanta Das hoped that there would be a nationwide roll-out of Unified Lending Interface
 "Restoring inflation-growth balance most important priority for RBI: Das")
Will work to understand all perspectives, do what's best: Sanjay Malhotra
Malhotra, 56, who is currently the Revenue Secretary in the Ministry of Finance, was on Monday evening named by the government to succeed Shaktikanta Das as the governor of the central bank
 "Will work to understand all perspectives, do what's best: Sanjay Malhotra")
RBI governors keep in mind requirements of the wider economy as well: Das
Outgoing RBI Governor Shaktikanta Das reflects on six years at the helm as Sanjay Malhotra prepares to take over
 "RBI governors keep in mind requirements of the wider economy as well: Das")
Economists react to India's new central bank chief announcement
With a new governor at the helm of the Reserve Bank of India (RBI) and a deputy governor retiring next month, the RBI's monetary policy committee (MPC) will have a new look
 "Economists react to India's new central bank chief announcement")
'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role
KV Kamath commends outgoing RBI Governor Shaktikanta Das for his leadership and expresses confidence in Sanjay Malhotra's capabilities as the new RBI Governor
 "'Did a good job': KV Kamath lauds Das, backs Sanjay Malhotra for RBI role")
Still holding Rs 2,000 notes? Here's how to exchange or deposit them
98.08% of Rs 2,000 notes have been returned, but the remaining ones are still legal tender. Here's how to manage them before the window closes
 "Still holding Rs 2,000 notes? Here's how to exchange or deposit them")
Rupee hits record low as appointment of new RBI chief spurs dovish bets
The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week
