Reserve Bank Of India (RBI): News
RBI removes interest rate cap on new FCNR(B) deposits
The Reserve Bank of India (RBI) has removed the interest rate ceiling on new three- and five-year Foreign Currency Non-Resident Bank (FCNR-B) deposits.
RBI to hire young professionals for ₹1.5 lakh/month stipend
The Reserve Bank of India (RBI) is on the lookout for young professionals to join its Central Office Departments in Mumbai.
India posts current account surplus of $4.7B in April
India recorded a current account surplus of $4.7 billion in April 2026, according to preliminary data released by the Reserve Bank of India (RBI) today.
India's wholesale inflation jumps to 9.68% in May
India's wholesale inflation for May stood at a staggering 9.68%, according to a new series introduced by the government.
HDFC Bank hikes FCNR deposit rates: How it affects you?
HDFC Bank has announced a major hike in the interest rates for its Foreign Currency Non-Resident (FCNR) deposits.
Paytm to increase its headcount by 10%
Indian fintech giant Paytm has announced plans to hire around 4,000 employees over the next nine months.
You can soon invest in corporate bond-index derivatives in India
The Securities and Exchange Board of India (SEBI) is working with the Reserve Bank of India (RBI) to introduce derivatives linked to corporate bond indices.
RBI measures may draw foreign investments worth $50-60B in India
ICICI Securities has projected that India could see an influx of $50-60 billion in foreign investments in the coming months.
India seeks inclusion in Bloomberg's global bond index
India is set to reapply for inclusion in major global bond indices, including the Bloomberg Global Aggregate Index.
Why LIC is in talks with RBI and SEBI
The Life Insurance Corporation of India (LIC) is in talks with key financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Why RBI has imposed ₹41.8L fine on Canara Bank
The Reserve Bank of India (RBI) has imposed a penalty of ₹41.8 lakh on Canara Bank for violating Know Your Customer (KYC) norms and account classification errors.
RBI appoints Sahamati as self-regulatory body for Account Aggregator ecosystem
The Reserve Bank of India (RBI) has appointed Sahamati as the Self-Regulatory Organisation (SRO) for India's Account Aggregator (AA) ecosystem.
India's GDP growth slows to 7.8% in Q4
India's economy grew by 7.8% in the fourth quarter (Q4) of the fiscal year 2026, down from the previous quarter's growth rate of 8%.
RBI says ready for Anthropic's Mythos AI rollout
The Reserve Bank of India (RBI) has announced its readiness to handle Anthropic's latest advanced artificial intelligence (AI) model, Mythos.
RBI takes major steps to boost rupee, attract foreign capital
The Reserve Bank of India (RBI) has announced five major measures to attract foreign capital and bolster the Indian rupee.
RBI lowers GDP growth forecast for FY27 to 6.6%
The Reserve Bank of India (RBI) has revised its GDP growth forecast for the fiscal year 2026-27 (FY27) from 6.9% to 6.6%.
RBI eases investment norms for foreign investors to boost participation
The Reserve Bank of India (RBI) has announced a major policy change, removing concentration limits under the General Route for Foreign Portfolio Investors (FPIs).
RBI pauses rate cuts: What it means for borrowers, savers
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% for the second consecutive policy meeting.
RBI raises inflation forecast for FY27 to 5.1%
The Reserve Bank of India (RBI) has revised its inflation forecast for the fiscal year 2026-27, projecting consumer price inflation (CPI) at 5.1%.
RBI raises investment limits for NRIs in Indian equities
The Reserve Bank of India (RBI) has raised the investment limits for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) in equity instruments on stock exchanges.
RBI's repo rate pause keeps home loan EMIs unchanged
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.25%.
RBI holds repo rate at 5.25% for 3rd consecutive time
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has kept the benchmark repo rate steady at 5.25% in its June review.
RBI's MPC meeting begins today: What to expect
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting starts today.
Did RBI sell gold to protect India's forex reserves?
The Reserve Bank of India (RBI) may have sold a portion of its gold reserves to protect its foreign-currency assets from the impact of the ongoing US-Iran conflict in West Asia.
Noel Tata writes to RBI, opposes Tata Sons public listing
Noel Tata, the chairman of Tata Trusts, has written a letter to the Reserve Bank of India (RBI), opposing any potential public listing of Tata Sons.
Why Noel Tata is holding up Tata Sons chairman's reappointment
The chairman of Tata Trusts, Noel Tata, has reportedly told the board of Tata Sons that there are several unresolved issues.
RBI may keep repo rate unchanged at upcoming meeting
The Reserve Bank of India (RBI) is likely to keep its key policy rate unchanged at 5.25% during the upcoming bi-monthly monetary policy meeting from June 3-5.
What are varnished banknotes and why is RBI introducing them?
The Reserve Bank of India (RBI) is planning to introduce varnished banknotes with enhanced security and durability features as cash circulation in the economy continues to remain strong.
RBI's dollar-rupee swap auction subscribed nearly twice over
The Reserve Bank of India (RBI) has witnessed a massive response to its three-year dollar/rupee buy-sell swap.
MobiKwik's shares soar 8% as RBI grants payment aggregator license
Shares of MobiKwik surged by as much as 8% on Tuesday after the Reserve Bank of India (RBI) granted the company in-principle approval to operate as a Payment Aggregator - Physical (PA-P).
RBI studies quantum computing risks in banking
The Reserve Bank of India (RBI) has announced the formation of an eight-member expert committee to study the potential benefits, risks, and challenges of quantum technology in banking.
RBI's mobile wallet restrictions: What it means for fintechs, users
The Reserve Bank of India (RBI) has surprised the fintech industry by tightening guidelines for prepaid payment instruments (PPIs), popularly known as mobile wallets.
RBI governor Sanjay Malhotra thinks rupee might be undervalued
Reserve Bank of India (RBI) Governor Sanjay Malhotra has said that the Indian rupee is not overvalued and could even be undervalued after its recent depreciation against the US dollar.
Indian rupee rises to 2-week high on US-Iran deal optimism
The Indian rupee has made a strong comeback, opening at 95.34 against the US dollar on Monday.
India's gross FDI inflows in FY26 hit a record $94.5B
India's gross foreign direct investment (FDI) inflows for the fiscal year 2025-26 have hit a record high of $94.53 billion, according to data from the Reserve Bank of India (RBI).
India's forex reserves fall by $8.09B to $688.894B
India's foreign exchange reserves have witnessed a major decline, falling by $8.094 billion to settle at $688.894 billion for the week ending May 15, data from the Reserve Bank of India (RBI) revealed.
Why NRIs pulled out $2B from Indian banks in March
The Indian diaspora withdrew almost $2 billion from local banks in March, according to data from the Reserve Bank of India (RBI).
Indians remitted $2.59B overseas in March, says RBI
Indians had remitted $2.59 billion overseas in March 2026 under the Reserve Bank of India's (RBI) Liberalized Remittance Scheme (LRS).
Rupee at record low boosts UAE dirham remittances to India
The Indian rupee has hit a new low against the UAE dirham, prompting a surge in remittances from Indian expatriates in the Gulf region.
RBI transfers record ₹2.87 lakh crore surplus to government
The Reserve Bank of India (RBI) has announced a record surplus transfer of ₹2.87 lakh crore to the central government for the fiscal year 2025-26 (FY26).
RBI may transfer ₹2.9-3.2 trillion surplus to government
The Reserve Bank of India (RBI) is set to make a record surplus transfer to the central government for the current fiscal year.
What drove India's wholesale inflation to a 42-month high
India's wholesale inflation has hit a 42-month high, soaring to 8.3% in April from March's 3.88%.
RBI considers interest rate hike to stabilize rupee
The Reserve Bank of India (RBI) is weighing all possible measures to stabilize the Indian rupee, including an interest rate hike and currency swaps.
RBI considers rate hike as rupee hits new low
The Reserve Bank of India (RBI) is exploring various measures to stabilize the rupee, including an interest rate hike.
Centre may receive record ₹3 trillion dividend from RBI
India's fiscal position is set for a major boost this week, with the Reserve Bank of India (RBI) likely to transfer a record surplus of nearly ₹3 trillion ($31.2 billion) to the government, according to a Bloomberg report.
RBI cancels registrations of 150 NBFCs
The Reserve Bank of India (RBI) has canceled the Certificates of Registration (CoR) of 150 non-banking financial companies (NBFCs).