#rbi
USD/INR swap auction: Participants place bids for twice the $5 b notified amt
RBI's USD/INR swap auction sees bids double the $5 billion, enhancing forex market intervention amid rupee volatility.
Inflation targeting framework should have included ‘exchange rate stability’ clause: Former RBI Governor Subbarao
Former RBI Governor Subbarao advocates for including "exchange rate stability" in India's inflation targeting framework for effective monetary policy.
RBI approves 3-month extension for Fino Payments Bank interim CEO
Fino Payments Bank announced that the Reserve Bank of India has approved a three-month extension for Ketan Merchant as interim CEO. This follows the earlier approval for his appointment after the arrest of MD and CEO Rishi Gupta. Gupta has since taken volunta…
RBI $5 billion FX swap subscribed nearly twice over - The HinduBusinessLine
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half …
Can you still claim money from a dormant bank account? RBI says yes — here's how
Forgotten savings still belong to you. Dormant bank account rules in India explain how to recover unclaimed deposits from the RBI’s DEAF fund with simple verification and KYC steps. Understand the rules, build knowledge and take steps to reclaim your funds.&n…
Is RBI running any donation or lottery compensation scheme? Check details
A fake email claiming to be from the Reserve Bank of India is circulating. It asks people to pay a credit fee for a 'Donation Program 2026' or to receive lottery compensation. The PIB Fact Check team has confirmed this is a phishing attempt. Citizens are warn…
RBI’s $5 billion FX swap subscribed nearly twice over
RBI's FX swap auction attracted nearly $10 billion in bids, underscoring strong demand amid a weakening rupee.
Mobikwik gets RBI nod for offline payment aggregator licence
Mobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. This strategic move, following an NBFC license, targets significant growth in under-penetrated markets, aiming for 10x exp…
RBI's $5 billion FX swap subscribed nearly twice over
The swap comes at a time when the central bank continues to defend a rapidly weakening rupee by selling dollars from forex reserves. Such a move can remove rupee liquidity from the country's banking system and can push up interest rates.
MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator license
One MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, strengthening its offline merchant payments business. The fintech firm also reported a return to profitability in Q4 FY26, sup…
RBI, rating firms assess Iran war risks on Indian companies
The Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating agencies. Discussions focused on evaluating ground conditions and the need for temporary regulatory relief to safeguard…
ATM cash not dispensed but amount was debited? 6 steps you should take immediately
ATM cash not dispensed but amount debited can cause stress, but RBI rules ensure refunds. Immediate proof saving, complaint filing and escalation help secure quick reversal of funds.
RBI, Rating Firms assess Iran War risks on Indian companies
The central bank also sought feedback on whether temporary regulatory relief may be needed to prevent a deterioration in borrowers’ creditworthiness, they said
Why RBI is right not to empty the vault
RBI MPC Poll | Markets see RBI to keep interest rates steady in June MPC ; expect rate hike soon
RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi Nayar
The Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncertainty. A rate increase is only likely by year-end if price pressures continue. The central bank will monitor for broader …
RBI tightens norms for re-appointment of directors on UCB boards
The Reserve Bank of India has introduced new rules for Urban Co-operative Banks. Directors can now serve for a maximum of ten years. Following this, a mandatory three-year cooling-off period is required before re-appointment. This measure aims to prevent dire…
A 5-Step SOC Guide That Meets RBI Expectations and Strengthens Security Operations
Financial institutions operate in one of the most regulated cybersecurity environments in the world. With increasing digital adoption, expanding attack surfaces, and sophisticated threat actors, the role of the Security Operations Center (SOC) has become cent…
RBI sets up panel to examine potential of quantum technology in financial sector
Inflation and unholy mess : Why Nithin Kamath thinks RBI may not stay soft on interest rates
RBI assistant prelims result 2026 out at rbi.org.in: Check direct link, step-by-step download guide and mains exam date and more
The Reserve Bank of India has announced the Assistant Prelims Result 2026. Candidates can check their status on the official RBI opportunities portal. Over 8,000 aspirants have qualified for the upcoming Mains examination. The Mains exam is scheduled for June…
RBI mandates 3-year cooling-off period for long-serving co-operative bank directors
RBI has tightened governance norms for co-operative banks by introducing a mandatory 3-year cooling-off period for directors after a 10-year tenure.
Can recovery agents threaten or harass you? Here's what the new RBI rules say – ‘no excessive calls’
RBI’s 2026 recovery rules aim to curb harassment and strengthen borrower protection, with strict action against intimidation by banks and NBFC agents. Recovery agents cannot harass borrowers, while borrowers must also understand and fulfil their financial res…
RBI to examine role of quantum technology in strengthening financial sector
'Inflation and unholy mess:' Why Nithin Kamath thinks RBI may not stay soft on interest rates
Nithin Kamath warned that a weak monsoon caused by El Niño and rising global oil prices linked to the Iran conflict could sharply increase inflation in India. He said higher food and fuel costs may force the RBI to raise interest rates, hurting growth and mar…
RBI launches Q-SAFE panel to study quantum technology in banking
The panel will evaluate vulnerabilities in current cryptographic systems and recommend a roadmap for adopting quantum-safe security frameworks
RBI to examine role of quantum technology in strengthening financial sector
The Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutionize financial tasks but also poses security risks. The committee will assess current systems and recommend ways to make…
Rupee gains for third straight session, settles at 95.25 against dollar
The rupee gained 35 paise against the US dollar as easing crude oil prices, RBI comments and hopes of a US-Iran deal boosted sentiment.
Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say
The central bank met with treasury heads of large banks through last week, ahead of a monetary policy review on June 5, where the suggestions were discussed