May 8, 2026 9:44 PM

RBI revises capital adequacy norms for banks

The Reserve Bank of India on Friday revised guidelines related to the inclusion of quarterly profits in banks’ core capital calculations, removing an earlier condition linked to provisioning for non-performing assets (NPAs). In a statement, the RBI said it had issued amendment directions after reviewing feedback received on draft proposals released on April 8, 2026, regarding the inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital for the computation of the Capital to Risk W...

April 8, 2026 1:13 PM

RBI Projects India’s GDP Growth at 7.6% for FY26, Flags Global Risks

The Reserve Bank of India (RBI) on Wednesday projected India’s real GDP growth at 7.6 per cent for FY26 under a new GDP series, citing resilience driven by strong domestic demand, services activity and manufacturing expansion. For FY27, the central bank has estimated growth at 6.9 per cent, indicating a likely moderation amid rising global uncertainties and cost pressures. Announcing the projections after the Monetary Policy Committee (MPC) meeting, RBI Governor Sanjay Malhotra said global d...

April 8, 2026 12:44 PM

Industry backs RBI’s status quo on rates, cites stability and growth balance

Industry experts on Wednesday said that the Reserve Bank of India’s decision to maintain status quo on policy rates reflects a cautious approach amid global uncertainties and domestic growth considerations. The Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.25 per cent in its first monetary policy announcement for the financial year 2026–27, citing rising global risks and geopolitical tensions. Sujan Hajra, Chief Economist and Executive Director at Anand Rathi Group, ...

April 8, 2026 12:29 PM

Forex intervention aimed at containing volatility, not targeting rupee level: RBI

The Reserve Bank of India (RBI) on Wednesday reiterated that its interventions in the foreign exchange market are aimed at curbing excessive volatility and not at targeting any specific level of the rupee. The central bank kept the policy repo rate unchanged at 5.25 per cent in its first monetary policy announcement for the financial year 2026–27, citing rising global risks and geopolitical tensions. Speaking during the monetary policy announcement, RBI Governor Sanjay Malhotra said the cent...

April 8, 2026 10:24 AM

RBI keeps repo rate unchanged at 5.25% in first policy of FY27 after ceasefire in West Asia conflict

The Reserve Bank of India on Wednesday kept the policy repo rate unchanged at 5.25 per cent in the first monetary policy announcement of the financial year 2026-27, citing rising global uncertainties and geopolitical tensions. Announcing the decision, RBI Governor Sanjay Malhotra said that the Monetary Policy Committee (MPC) unanimously voted to maintain the policy repo rate under the liquidity adjustment facility at 5.25 per cent. Governor stated "After the detailed assessment of the evolving...

April 6, 2026 12:07 PM

RBI MPC meet begins; status quo on policy rate likely

The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India began on Monday, with analysts widely expecting the central bank to keep the repo rate unchanged amid heightened uncertainty due to the West Asia conflict. The meeting, scheduled from April 6 to April 8, comes at a time when rising crude oil prices and global geopolitical tensions have clouded the inflation outlook. While the RBI is likely to maintain the status quo in the upcoming policy, experts said th...

March 24, 2026 6:48 PM

RBI moves to protect customers in online fraud cases, seeks public feedback

The Reserve Bank of India (RBI) has proposed a revised framework to address unauthorised electronic banking transactions, introducing a compensation mechanism for small-value fraud cases and strengthening safeguards against cyber threats. The updated instructions, released for public and stakeholder consultation on March 6, 2026, come amid rapid growth in digital payments and increasing instances of cyber fraud. The proposed framework builds upon the existing 2017 guidelines on limiting custome...

March 24, 2026 4:39 PM

RBI, IRDAI and SEBI step up efforts to help citizens reclaim unclaimed financial assets

India’s top financial regulators - Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), and Securities and Exchange Board of India (SEBI) - have intensified efforts to help citizens recover unclaimed deposits and investments through simplified procedures, digital platforms, and regulatory reforms. To boost public awareness and facilitate claims, the Department of Financial Services conducted a nationwide campaign titled “आपकी पँजूी,...

March 20, 2026 6:05 PM

RBI board clears 2026–27 budget, approves Utkarsh 3.0 strategy framework

The Central Board of Directors of the Reserve Bank of India (RBI) has approved the Bank’s budget for the financial year 2026–27, along with its Medium-Term Strategy Framework, Utkarsh 3.0, which will guide policy priorities from 2026 to 2029. The decision was taken at the 622nd meeting of the Central Board held in Patna under the chairmanship of RBI Governor Sanjay Malhotra. According to an official statement, the Board reviewed the evolving global and domestic economic situation, includin...

March 17, 2026 6:39 PM

Centre, RBI step up action against unauthorised digital lending apps

The Government and the Reserve Bank of India (RBI) have strengthened regulatory and enforcement measures to curb fraudulent loan applications and enhance consumer protection in the digital lending ecosystem. According to information shared in the Rajya Sabha by Minister of State for Finance Pankaj Chaudhary, the RBI had earlier constituted a Working Group on Digital Lending, covering loans extended through online platforms and mobile applications. Based on its recommendations, the central bank ...