FCNR(B) Scheme Gives India Time but $170 Billion Repayment Looms
India’s Foreign Currency Non-Resident Bank (FCNR(B)) deposit mobilisation has provided the country with a temporary buffer against global economic and
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RBI Inaugurates New Data Centre and Cybersecurity Institute in Odisha
The Reserve Bank of India (RBI) has inaugurated a new data centre and Cybersecurity Training Institute in Bhubaneswar, Odisha, strengthening
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SBI Raises Lending Rates After RBI Repo Rate Hike
State Bank of India (SBI) has increased its External Benchmark Linked Lending Rate (EBLR), Repo Linked Lending Rate (RLLR) and
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RBI Uses About Half of $140 Billion FX Inflows to Defend Rupee
The Reserve Bank of India (RBI) has used an estimated $75–80 billion, roughly half of the more than $140 billion
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Indian Bank Deposits Hit Record ₹284 Trillion in September
India’s banking system deposits reached a record ₹284 trillion ($2.99 trillion) in the second half of September 2026, according to
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RBI Open to More Measures to Curb Forex Speculation
Reserve Bank of India (RBI) Governor Sanjay Malhotra has said the central bank is open to taking additional measures, if
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RBI Expands Forex Risk Reserve Scope, Tightens NDF Rules
The Reserve Bank of India (RBI) has widened the scope of its 20% Foreign Exchange Risk Reserve (FERR) requirement and
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RBI Raises Daily CRR Maintenance Requirement to 99% From October 16
The Reserve Bank of India (RBI) has increased the daily Cash Reserve Ratio (CRR) maintenance requirement for banks to 99%,
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Bankers See Stronger Loan Demand Across Sectors in Q3FY27
Indian banks expect credit demand to strengthen across most major sectors during Q3FY27, with agriculture emerging as the notable exception,
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RBI Daily CRR Requirement Hike May Tighten Bank Liquidity
The Reserve Bank of India’s changes to cash reserve requirements are expected to have implications for banking-system liquidity and banks’
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