October 7, 2026 11:24 AM

RBI raises FY27 GDP growth projection by 40 bps to 7.1%

Reserve Bank of India Governor Sanjay Malhotra on Wednesday raised the central bank's real GDP growth projection for the current financial year 2026-27 by 40 basis points to 7.1 per cent, citing the resilience of domestic economic activity despite global headwinds.   Announcing the outcome of the RBI Monetary Policy Committee meeting, Malhotra said geopolitical tensions, elevated international commodity prices, additional frictions in global trade and tightening global financial conditions co...

October 7, 2026 10:43 AM

RBI raises repo rate by 25 basis points to 5.50%, begins rate-hike cycle

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle amid rising inflation risks, elevated global yields and resilient domestic economic activity.   The decision was taken by the Monetary Policy Committee (MPC) at its latest policy review. The move marks a shift from the RBI's August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation out...

October 7, 2026 10:26 AM

RBI set to announce repo rate decision amid geopolitical tensions

The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, is set to announce its bi-monthly interest rate decision on Wednesday amid challenging conditions, including rising inflation and crude oil prices above USD 100 a barrel, driven by tensions in the Middle East.   The six-member committee will conclude its three-day review against the backdrop of rising domestic inflation and shifting global macroeconomic conditions.   Economists expect the RBI to...

October 5, 2026 10:09 AM

3-day RBI MPC meet begins as balance of risks tilt towards rate hike

The Reserve Bank of India (RBI) began its three-day Monetary Policy Committee (MPC) meeting on Monday, with policy decision due on Wednesday, amid rising inflation, crude oil prices above $100 a barrel and rupee weakness.    The RBI's Monetary Policy Committee (MPC) is meeting from October 5-7, to decide on the benchmark repo rate.   Markets are closely watching whether the Central Bank will raise the repo rate for the first time since February 2023. The RBI has kept the repo rate unchang...

September 21, 2026 7:41 PM

RBI issues final directions on minimum capital requirements for market risk

Commercial banks will have until April 1, 2027, to implement the Reserve Bank of India's revised framework for minimum capital requirements for market risk, as the central bank issued its final directions on Monday. The Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026 seek to align India's regulatory framework with the revised Basel III standards while providing banks with flexibility and simplicity in implementation. The final directions...

August 5, 2026 3:22 PM

RBI’s balanced policy stance to support growth, investment sentiment: PHDCCI

The Reserve Bank of India's decision to keep the policy repo rate unchanged at 5.25 per cent reflects a balanced approach to containing inflation while supporting economic growth amid global uncertainties, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday. Reacting to the Monetary Policy Committee's (MPC) decision, PHDCCI President Rajeev Juneja said the policy comes at a time when inflation remains within the RBI's target range, despite risks arising from geopolitical tension...

July 20, 2026 6:33 PM

Government, RBI strengthen fintech regulatory framework to boost consumer protection and cybersecurity

The Government and the Reserve Bank of India (RBI) have strengthened the regulatory framework governing India's rapidly expanding fintech ecosystem through a series of policy, supervisory and consumer protection measures aimed at enhancing cybersecurity, promoting responsible innovation and safeguarding users of digital financial services. Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said the government has been continuously engaging with financ...

May 29, 2026 12:38 PM

RBI sees India’s growth resilient at 6.9 percent in FY27 despite West Asia conflict risks

India's economy is expected to remain resilient in 2026-27 despite rising geopolitical tensions and inflationary risks emanating from the West Asia conflict, the Reserve Bank of India (RBI) said in its Annual Report 2025-26. The central bank projected India's real GDP growth at 6.9 per cent for 2026-27, while warning that inflationary pressures could intensify due to elevated crude oil prices, supply disruptions and global uncertainty. "Against the backdrop of a moderate global growth, the out...

April 20, 2026 12:09 PM

RBI opens premature redemption window for sovereign gold bond 2020-21 series VII

The Reserve Bank of India has opened a premature redemption window for holders of Sovereign Gold Bond (SGB) 2020-21 Series VII, with Monday set as the exit date, offering investors returns exceeding 200 per cent on their original investment. The central bank has fixed the redemption price at Rs 15,254 per unit, calculated as the simple average of closing prices for 999-purity gold over the three preceding business days, according to the India Bullion and Jewellers Association (IBJA). Moreover,...

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,...