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Searched Tag: reserve bank of india
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RBI proposes new data rules for banks, NBFCs

July 16, 2026, 03:29 PM - 3 min read

The central bank has said data has increasingly become a critical organisational asset, supporting business operations, customer services, financial reporting, regulatory compliance, risk management and strategic decision-making.

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Credit of NBFCs grew by 14.2 per cent in May

July 7, 2026, 05:29 PM - 3 min read

The central bank said NBFC lending activity remained resilient during the month, although the composition of credit growth shifted further towards retail and agriculture segments.

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Rupee opens 7 paise higher against US dollar in early trade

Rupee opens 7 paise higher against US dollar in early trade

July 7, 2026, 10:05 AM - 2 min read

As per fresh reports, the rupee has somewhat rebounded to the 95 dollar mark after slipping to historic lows during the US-Iran war and the rise in crude oil prices.

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Forex reserves drop to $ 666.93 billion

July 3, 2026, 05:58 PM - 2 min read

India's foreign exchange reserves declined by USD 5.654 billion to USD 666.933 billion in the week ended June 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous reporting week, the country's forex reserves had increased by USD 963 million to reach USD 672.587 billion.

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Ravi Shankar appointed Executive Director of RBI

July 1, 2026, 06:38 PM - 3 min read

Shankar assumes the senior leadership position after serving in a key role within the RBI, bringing with him more than three decades of experience across multiple functional areas of the institution.

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The Reserve Bank of India Governor Sanjay Malhotra.

Premature to discuss rate hike: RBI Governor

June 24, 2026, 06:11 PM - 5 min read

The Reserve Bank of India Governor Sanjay Malhotra has indicated that it is too early to discuss the possibility of an interest rate hike, stressing that the central bank remains vigilant about developments in West Asia while continuing to rely on incoming economic data to guide policy decisions.

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Banks' demand muted at RBI's VRR auction

June 19, 2026, 04:08 PM - 3 min read

Against the notified amount of Rs 1 lakh crore, the RBI received bids worth only Rs 16,750 crore from participating banks. The central bank accepted the entire bid amount at a cut-off rate and weighted average rate of 5.26 per cent.

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RBI to ease cross-border payment approvals

June 13, 2026, 05:18 PM - 3 min read

RBI plans simpler cross-border payment approvals under Payments Vision 2028 to ease trade for MSMEs and exporters, says an EY report.

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 LIC CEO and MD R. Doraiswamy.

Growing liabilities: LIC in talks with regulators

June 7, 2026, 05:12 PM - 3 min read

State-owned Life Insurance Corporation of India (LIC) is in discussions with key financial regulators, including the Reserve Bank of India and SEBI, to enhance the availability of long-term investment instruments, as inflows into its annuity products continue to rise, according to CEO and MD R. Doraiswamy.

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RBI kept the repo rate unchanged at 5.25 pc as rising oil prices, West Asia tensions, rupee weakness and inflation risks cloud the outlook.

RBI keeps repo rate unchanged for second time in row

June 5, 2026, 11:32 AM - 3 min read

Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain the short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

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RBI dismisses gold sale rumours

June 3, 2026, 06:19 PM - 4 min read

The clarification came in response to media reports claiming that the central bank may have liquidated gold worth nearly USD 12 billion to protect India's foreign exchange reserves amid the economic impact of the ongoing conflict in West Asia.

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RBI likely to keep benchmark repo rate unchanged

June 2, 2026, 04:38 PM - 4 min read

The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its June monetary policy review, according to a survey of economists and treasury experts.

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