RBI

News and Trends

RBI Pulls Trigger on 25 bps Rate Cut While India Eyes a Rare Goldilocks Phase

India recorded 8.2% GDP growth in Q2, significantly outperforming expectations. Strong festive spending, rationalised GST slabs, and buoyant manufacturing output helped fuel the surge.

News and Trends

RBI's December Policy on a Knife-Edge as Emkay Flags Strongest Case Yet for Rate Cut

The RBI will meet for the December Monetary Policy Meeting ( MPC) from December 3rd to December 5th.

News and Trends

RBI Governor Signals More Room for Rate Cuts; Says Timing Lies With MPC

The RBI will be meeting for its monetary policy meeting ( MPC) going forward in December 2025.

News and Trends

A Tug of War in the Bond Market: RBI's Rate Cuts vs. States' Record Borrowing

State governments are on a borrowing spree. Officials and market reports point to a record issuance plan for states in the current fiscal that runs into trillions of rupees

News and Trends

RBI Grants In-Principle Approval to AU Small Finance Bank for Universal Bank Transition

This move marks a significant development for the Jaipur-based bank, which will now be able to offer a broader spectrum of financial services under fewer restrictions.

News and Trends

EximPe Secures RBI Approval to Expand Cross-Border Payment Services

With this licence, EximPe intends to create a compliant and seamless infrastructure for international pay-ins and pay-outs across sectors like digital services, e-commerce, and B2B goods trade.

News and Trends

PayPal Receives In-Principle Approval to Operate as Cross-Border Payment Aggregator in India

Through localised services such as PayPal Checkout, Invoicing, and No-Code Checkout tools, PayPal aims to simplify global selling for India's small businesses and freelancers.

News and Trends

Sumant Kathpalia Resigns as IndusInd CEO; RBI Nods For Interim Leaders

Sumant Kathpalia stepped down as MD & CEO effective close of business hours on April 29, bringing an end to his tenure at the bank. In response, the bank has taken swift action to maintain continuity and governance stability.

News and Trends

BharatPe's Resilient Payments Secures RBI's Final Nod to Operate as Online Payment Aggregator

Resilient Payments will carry its online business under brand name 'BharatPe X'.

News and Trends

RBI Cuts Repo Rate to 6%, Turns Accommodative Amid Global Headwinds

Governor Malhotra noted that "a dent on global growth due to trade friction will also impede domestic growth; higher tariffs will have a negative impact on net exports." He added that global economic policies are shifting rapidly, with trade-tariff-related uncertainties clouding the outlook and posing new risks to both growth and inflation

News and Trends

BlackSoil-Caspian Debt Merger Gets RBI Nod

The merger is set to enhance BlackSoil's capabilities in supporting startups, MSMEs, and impact-driven businesses by expanding financial solutions for underserved enterprises requiring smaller credit sizes.

News and Trends

IndusInd Bank Shares Plunge 25% Hitting a 52-week Low

The trouble stems from an internal review that uncovered errors in how the bank accounted for hedging costs linked to past forex transactions.

News and Trends

IMF Urges Deeper Structural Reforms to Strengthen India's Growth Outlook

As per the report, continued fiscal discipline will be crucial in rebuilding financial buffers, easing debt service, and ensuring macroeconomic stability.

News and Trends

India's Forex Reserves Decline by $2.5 Billion After Three-Week Rise

Foreign currency assets (FCA), which constitute the largest share of the reserves, recorded a sharp fall of $4.515 billion, bringing the total down to $539.591 billion

News and Trends

RBI Repo Rate Cut to Improve Credit Affordability, Boost Big Purchases

The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a purchase.