Reserve Bank of India (RBI)

August 5, 2026 5:05 PM

Sensex, Nifty end marginally higher after RBI keeps rates unchanged

Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations. The Sensex settled 152.05 points, or 0.19 per cent, higher at 78,581.00, while the Nifty edged up 9.75 points, or 0.04 per cent, to close at 24,624.65. Commenting on Nifty technical outlook, experts said that on the downside, 24,500 stands as the immediate s...

August 5, 2026 3:46 PM

RBI to resume ‘on-tap’ licensing of urban co-operative banks, review lending rate framework

The Reserve Bank of India (RBI) on Wednesday announced a series of regulatory measures, including the resumption of 'on-tap' licensing for Urban Co-operative Banks (UCBs), a review of concentration risk norms for Rural Co-operative Banks (RCBs), and plans to rationalise the framework governing interest rates on advances. The measures were announced in the RBI's Statement on Developmental and Regulatory Policies, released alongside the Monetary Policy Committee's (MPC) policy decision. The cent...

August 5, 2026 2:48 PM

No proposal to prematurely end FCNR(B) incentive scheme: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said there is no proposal to prematurely discontinue the Foreign Currency Non-Resident (Bank) or FCNR(B) deposit incentive scheme, which has helped attract strong capital inflows and bolster the country's external position. Speaking at a press conference after the announcement of the RBI's monetary policy review, Malhotra said the concessional zero-cost swap facility offered under the scheme remains fully operational and will con...

July 22, 2026 12:15 PM

RBI proposes simpler FDI compliance regime, seeks stakeholders comments

The Reserve Bank of India (RBI) on Tuesday released draft Foreign Exchange Management (Foreign Investment) Rules, 2026, proposing a simplified and principle-based regulatory framework for foreign direct investment (FDI) compliance, and invited comments from stakeholders by August 31. The central bank said the move follows the Union Budget 2026-27 announcement of a comprehensive review of the existing Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (NDI Rules) to create a more con...

June 5, 2026 12:23 PM

RBI keeps repo rate unchanged at 5.25%; retains neutral stance amid global uncertainties

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, while retaining its neutral policy stance amid heightened global uncertainty, geopolitical tensions in West Asia and persistent inflation concerns. Announcing the decision, RBI Governor Sanjay Malhotra said the MPC, after assessing evolving macroeconomic and financial conditions, voted unanimously to maintain the repo rate under the Liquidity A...

May 8, 2026 2:11 PM

RBI announces result of underwriting auction for Rs 34,000 crore government securities

The Reserve Bank of India (RBI) on Friday announced the result of the underwriting auction conducted for the Additional Competitive Underwriting (ACU) of the "New GS 2036" government security, setting the cut-off rate for underwriting commission payable to Primary Dealers at 0.38 paise per Rs 100. The underwriting auction was conducted for the Government of India security with a notified amount of Rs 34,000 crore, according to the RBI release issued on Friday. "In the underwriting auction cond...

February 23, 2026 4:48 PM

RBI to auction Rs 44,500 crore State Government Securities on Feb 24; 16 states to participate

The Reserve Bank of India (RBI) will conduct an auction of State Government Securities (SGS) on February 24, aggregating Rs 44,550 crore, according to an official notification issued by the central bank. As many as 16 State Governments - Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Uttar Pradesh and West Bengal- are set to raise funds through a mix of fresh issuances and re-issues. The securities spa...

February 21, 2026 1:27 PM

Global growth to be marginally higher in 2026 supported by tech-related investments: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra has said global growth is expected to be marginally higher in 2026 despite escalating geopolitical tensions and rising trade frictions, while asserting that India's economy remains resilient with improving growth prospects and benign inflation, according to minutes of the February 4-6 meeting of the RBI's Monetary Policy Committee. Malhotra had noted that global expansion would be supported by a surge in technology-related investments, conduc...

December 10, 2025 11:56 AM

RBI Governor urges banks to lower intermediation costs, improve efficiency

Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged Managing Directors and Chief Executive Officers of public and select private sector banks to reduce intermediation costs and improve operational efficiency, citing the 125 basis points (bps) policy rate reduction since February. “The Governor noted that the 125 basis point easing, combined with greater use of technology, should translate into lower intermediation costs and higher efficiency, thereby supporting sustainable growth a...

December 5, 2025 5:04 PM

Sensex gains 447 points as RBI cuts repo rate and raises growth outlook

Indian stock markets ended higher on Friday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, also kept its policy stance neutral. Along with the rate cut, the RBI sharply lowered its inflation forecast for FY26 to 2 per cent from 2.6 per cent and increased its growth projection to 7.3 per cent from 6.8 per cent earlier. Following the announcement, the Sensex closed at 85,712.37, r...