Browsing: RBI

Sleek apps. Smooth credit journeys. Zero-click payments. But what lies beneath the surface?India’s fintech sector…

The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This move reduces redemption pressure in the coming years. It also helps in lowering the fiscal deficit. This follows other buyback actions by the RBI. These actions are part of a larger strategy.

RBI Governor Sanjay Malhotra indicated the possibility of further interest rate cuts this year, citing a significant drop in inflation and steady economic growth. With inflation expected to remain below 3.7%, the MPC will consider both inflation and growth before making future decisions.

The new pledging norms will be applicable to all commercial banks, regional rural banks, small finance banks and all state and district cooperative banks, RBI said on Friday

Non-cargo ships exempted from Export Declaration Form requirement under FEMA while the advance remittance limit for import of ships raised to $50 million from the earlier $5 million.

The Reserve Bank on Wednesday issued draft guidelines for novation of OTC derivative contracts with a view to rationalising the related regulatory requirements.

In the age of tap-to-pay convenience and investment apps that promise to make you a…

RBI cuts repo rate by 50 bps and CRR by 100 bps in June 2025 policy meet. Analysts see this as a significant growth push for MSMEs, with liquidity infusion and bond market impact.

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

The Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning for stressed loans, impacting digital lending service providers. NBFCs must now make full provisions on these loans, diminishing their appeal for new business.