MPC Minutes signal rate cut season
RBI Governor Sanjay Malhotra underscored the need to preserve economic momentum while maintaining price stability.
RBI
RBI to inject liquidity through long-term USD/INR buy/sell swap auction
The auction is scheduled to take place on February 28, 2025, between 10:30 AM and 11:30 AM, with the far leg settlement date set for March 06, 2028.
RBI launches RBIDATA Mobile app to simplify access to economic data
The RBIDATA app offers access to over 11,000 different series of economic data, presenting a comprehensive view of the Indian economy
RBI Supersedes Board of New India Cooperative Bank, Appoints Administrator
RBI has been clamping down on erring cooperative banks
RBI Governor Meets NBFC Chiefs, Stresses Growth with Stability
Representatives from industry bodies such as Self-Regulatory Organizations (SROs), Sa-Dhan, Micro Finance Institutions Network (MFIN), and Finance Industry Development Council (FIDC) also participated in the discussions.
RBI relief for Kotak: What does it mean for the bank
The lifting of these restrictions suggests that Kotak Mahindra Bank has taken substantial remedial actions to address the RBI’s concerns.
RBI lifts business restrictions on Kotak Mahindra Bank
The RBI’s directive was a response to supervisory concerns identified during regulatory reviews.
RBI expands UPI to include pre-sanctioned credit lines from banks and SFBs
Banks and SFBs can establish their own terms and conditions for these credit lines, in accordance with their Board-approved policies. These terms may cover aspects such as credit limits, tenure, interest rates, and other related conditions.
Retail Inflation Eases to Five-Month Low of 4.31% in January
The drop in inflation comes just a week after the Reserve Bank of India’s Monetary Policy Committee (MPC) announced the first rate cut in five years
Easebuzz Secures Final RBI Approval to Operate as Online Payment Aggregator
With the RBI’s green light, Easebuzz can now expand its suite of fintech offerings, including payment collection, disbursement, reconciliation, and financial automation tools.