The Latest Breaking News from Reserve Bank of India

Karnataka Bandh 2026 today: Are banks closed on Thursday, August 13, 2026? Check bank holiday status

Karnataka Bandh: Banks in Karnataka will remain open on Thursday, August 13, 2026? The Reserve Bank of India calendar shows banks closed only in Manipur on this day. Customers can proceed with their banking plans as usual across Karnataka.

The Economic Times · Aug 13

Inflation likely to rise from here as food prices remain key risk: Experts

Retail inflation in India is projected to increase in upcoming months. Food prices are the primary driver, though inflation should stay below six percent. Analysts anticipate the Reserve Bank of India will maintain its current policy stance. Supply-side factors like tomato and onion costs are influencing current price increases. Geopolitical…

The Economic Times · Aug 12

RBI invites public comments on draft rules to standardise how lenders set interest rates

The Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across various financial entities. Benchmark-linked lending and interest calculation methods will see stricter regulations. The proposed framework will take effect from April 1, 2027. Public consultation on these draft amendments…

The Economic Times · Aug 12

ICICI Bank, Axis Bank tap dollar debt again in less than two months: Report

ICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set to close for subscription next week. Notably, last month saw ICICI Bank raise a substantial $1 billion while Axis Bank secured $800 million. This bond issuance…

The Economic Times · Aug 7

RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report.

The Economic Times · Aug 7

RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to one hundred billion dollars by its closing date. These inflows are helping to stabilize the Indian rupee after a period of weakness. Additionally, tax-free government bonds are attracting foreign…

The Economic Times · Aug 7

Profit-taking, debt supply stall India bond rally

Indian government bonds exhibited slight fluctuations as profit-taking coincided with substantial debt issuance. The supportive dovish stance from the Reserve Bank of India helped stabilize the situation. Since early August, bond yields have decreased by nearly seven basis points. Market participants are now focused on a major bond auction set…

The Economic Times · Aug 6

Banks welcome RBI's steady rates, see boost to credit growth

The Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered inflation projections. Bankers welcomed the policy stability and proposed regulatory measures for transparency. The central bank's decision reflects confidence in the domestic economy's resilience. This move supports…

The Economic Times · Aug 5

CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demand

Realtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to sustain housing demand. The central bank kept its benchmark policy rate unchanged for the fourth consecutive meeting. RBI marginally raised the GDP forecast while slightly lowering the…

The Economic Times · Aug 5

Rupee hits one-month closing high as oil slide outweighs RBI pause

On Wednesday, the Indian rupee climbed to its highest point in a month, bolstered by a dip in crude oil prices that fueled early gains. Although the Reserve Bank of India's decision to maintain rates restricted further growth, analysts pointed out that immediate support lies around 94.75 with resistance levels…

The Economic Times · Aug 5