Rbi News

'Fintechs must treat data as fiduciary duty, not business asset,' says RBI Governor Sanjay Malhotra

Mumbai: Higher-than-expected inflows through the FCNR(B) window will heighten liquidity issues and lead the Reserve Bank to deploy more tools to absorb the excess money, economists said on Thursday.In comments that come a day after the RBI announced that banks

Reserve Bank of India deputy governor Shirish Chandra Murmu has spelt out five areas of focus for non banking finance companies (NBFCs) and housing finance companies (HFCs) to ensure sustainable growth for the sector.NBFCs must focus on governance, liquidity m

According to the official records of the Orbiting Frog Otolith mission, this occurred on November 9, 1970, when a Scout rocket launched from Wallops Island, Virginia, with the two frogs into low Earth orbit for six days, as part of an experiment studying the e

The Indian rupee remained above 95 against the dollar for a second day. Traders attribute this performance to aggressive dollar sales by the central bank

New Delhi: India will soon surpass Germany to become the third-largest wind energy producer in the World, as the nation is poised to achieve 107 GW capacity by 2030, a senior government official said on Wednesday.Speaking at the curtain raiser of the 8th editi

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion of these substantial inflows

ICICI Bank raises $17.88 billion through FCNR(B) deposits amid strong demand - The Economic Times icici bank,ICICI Bank,FCNR(B) deposits,foreign currency,RBI,foreign exchange liquidity,USD 17.88 billion,external sector position,concessional swap facility,Augus

HDFC Bank CEO Sashidhar Jagdishan will depart after his term ends next month. New chairman Rajiv Kumar sought aggressive changes and executive replacements

US President Donald Trump rejected reports that his administration was pushing to bring Iran to the negotiating table, stating that he has little interest in pursuing a diplomatic agreement with Tehran. He reiterated almost total control over the Strait of Hor

The Reserve Bank of India s (RBI) GDP growth forecast of 6.7% for 2026-27, made on August 5, is looking increasingly conservative, with economists making sharp upward revisions to their predictions after Monday s blockbuster 7.8% growth print for April-June. R

Fresh rupee term deposit rates saw a slight decrease in July. Outstanding rupee deposit rates, however, remained stable during the same period

The Indian economy grew at a robust 7.8 per cent in the first quarter of the ongoing financial year, despite the adverse fallout from the West Asia conflict. Growth surpassed expectations of most analysts, including the central bank, which, in the last Monetar

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency borrowings under the RBI s special swap facility as of August 21. US bond yield: Will it become a new pain point?

India s potential inclusion in the Bloomberg Global Aggregate Bond Index remains delayed, not denied, with operational accessibility the key hurdle. Inclusion could attract $15 25 billion in foreign inflows, diversify India s bond investor base, ease borrowing

The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions about supply disruptions played a role in its performance

Hyderabad Inorbit Mall Car Accident | | MP Lingamaneni Ramesh Son Case | RTV #hyderabadinorbitmall#hyderabad#mplingamaneniramesh For More News Updates, Visit : Join Our Whats APP Channel : Download Our Android APP : Download Our IOS App : About Channel: RTV Ne

Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a majority stake in IDBI Bank

The fatal Aston Martin crash outside Inorbit Mall in Hyderabad has brought 21-year-old Lingamaneni Sanjush, son of Jana Sena Party Rajya Sabha MP Lingamaneni Ramesh, into the case after police named him as the alleged driver in connection with the death of a 2

Sanjush, son of Jana Sena Rajya Sabha MP Lingamaneni Ramesh, has responded to the fatal road accident that occurred near Inorbit Mall in the city. He stated that the incident did not happen due to his negligence and was purely an unfortunate accident.According

I d imagine if I was taking similar things to be banned for 4 years, I d have about 5 slams. Potato

The wreck of a steam tugboat dating from the early 1900s is the latest relic to emerge from shrinking waters in Serbia, as Europe's rivers run dry amid prolonged, extreme heat and drought gripping the continent.The rusting hull, once a famed vessel known as th

Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and Persons of Indian Origin (PIOs) looking to park their foreign currency savings in India have only a few days left to take the benefit of zero hedging costs on 3-5 year Foreign Currency Non-Resi

Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to 9.99 percent

Reserve Bank of India s (RBI) Deputy Governor Shirish Chandra Murmu on Wednesday underlined the importance of artificial intelligence (AI) in the banking system but emphasised that human intervention remains necessary in implementing the technology and identif

On Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. Despite this, the Reserve Bank of India's interventions helped to temper the rupee's fall

Indian government bonds saw a decline for the second consecutive day, erasing previous gains as high oil prices and the premature conclusion of a deposit scheme weighed on investor sentiment. Following the central bank's policy announcement, the benchmark bond

In a highly critical surgery, doctors removed over 4,000 stones from the gallbladder of a 41-year-old man at a private hospital in Faridabad, doctors said on Monday. The surgery was performed at Fortis Hospital using advanced minimally invasive techniques, mar

Elon Musk highlighted artificial intelligence efficiency, focusing on intelligence per joule. This metric addresses the growing energy demands of AI computations

MUMBAI: India's largest non-banking finance companies (NBFCs), including Bajaj Finance, Tata Capital and Shriram Finance, are seeking a meeting with the Reserve Bank of India (RBI) to urge the banking regulator to reconsider its proposed blanket prohibition on

The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from non-resident Indians

Chennai, To cash in on the RBI's concessional swap window, Indian Bank plans to raise $400 million through External Commercial Borrowings (ECB) this week to support its business growth.In addition, the public sector lender may mop up another $600 million via E

Independence Day bank holiday: Are banks open or closed on August 15? Check status - The Economic Times Independence Day August 15 2026,RBI holiday calendar,Independence Day bank holiday,banks closed today,independence day

RBI to close FCNR(B) forex swap facility early after strong dollar inflow - The Economic Times RBI forex swap facility,FCNR(B) deposits,foreign exchange inflows,USD-INR forex swap,ECB and OFCB schemes,foreign exchange market,currency swap facility,FCNR deposit

The Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite this, central bank interventions and steady dollar sales by state banks helped mitigate more significant losses

Looking at what happens in the short term is important, as it does have an impact on stock prices. But also always keep an eye on the macro picture

The 184.75-carat Jacob Diamond is one of the world s largest polished diamonds and is known for its unusual journey through Hyderabad s royal court. Believed to have originated in the Golconda region, it was acquired by jeweller Alexander Malcolm Jacob, who tr

There may be no encore to Barbie as the film's planned sequel faces an uncertain future due to stalled negotiations over compensation between Warner Bros. and the film's creative team

The Reserve Bank of India (RBI) has proposed a comprehensive new framework governing interest rates on loans and advances, with tighter rules on floating-rate loans, greater transparency in pricing and safeguards for borrowers. The draft Reserve Bank of India

Defaulted on your loan? Here's what banks can legally do and what they can't - The Economic Times impact of loan default on credit score,how to rebuild credit after default,loan default recovery process,loan restructuring options,what banks can do after loan d

India saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are keeping consumer costs elevated. The Reserve Bank of India has adjusted its inflation prediction for FY27 down to five per

Reserve Bank of India (RBI) governor Sanjay Malhotra while speaking in the press conference after the Monetary Policy Committee (MPC) meeting last week said that the currency notes made of plastic polymer will be in circulation from the next financial year. Wh

Bank of Baroda and Canara Bank have increased their Marginal Cost of Funds Based Lending Rates (MCLR) by up to 10 basis points (bps) on select tenures. A basis point is the one-hundredth of a percentage point

India s 158-year-old Tata Group wants its holding company to stay private. But since regulatory pressures are making it difficult to hold off a stock-market listing indefinitely, it can perhaps learn the virtue of simplicity from an even older conglomerate: Ho

A consumer body in Chhattisgarh has held State Bank of India (SBI) guilty of deficiency in service for allegedly failing to act on a customer s complaint of unauthorised online transactions worth nearly Rs 1 lakh, and directed the bank to refund the amount wit