The Latest Breaking News from Reserve Bank of India

227% return on SGB premature redemption today: Gold bond turns Rs 1 lakh investment into Rs 3.27 lakh

The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2021-22 Series-II, fixed at Rs 15,672 per unit.

The Economic Times · May 30

Rupee soars to best day in nearly two months, closes at 95 vs USD as RBI steps in, oil drops

The rupee saw a significant jump on Friday, its best single-day gain in two months. This surge was driven by likely intervention from the central bank and a drop in oil prices. The rupee ended the session at 95 per dollar. Investors are now focused on the Reserve Bank of…

The Economic Times · May 29

Indian bonds nudge up on oil dip; debt sale weighs

Indian government bonds saw a slight increase, mirroring U.S. Treasuries as falling oil prices eased inflation concerns. However, gains were tempered by an upcoming debt auction. The 10-year yield is poised for its largest weekly decline in eight weeks, with traders awaiting the Reserve Bank of India's policy decision.

The Economic Times · May 29

Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with states

Punjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that taking too much from the RBI could harm India's long-term economic strength. Cheema emphasizes cooperative federalism and fiscal fairness. He also stresses the importance of maintaining the RBI's financial…

The Economic Times · May 24

RBI's record dividend payout to provide partial cushion to stressed govt finances: Experts

The all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RBI alone accounts for 91 per cent of the budgeted non-tax revenue under 'dividend/surplus of Reserve Bank of India, Nationalised Banks & Financial Institutions' head for…

The Economic Times · May 22

Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%

Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hikes to counter the rupee's decline. The RBI is reportedly focusing on inflation as the primary driver for its monetary policy decisions. Other measures are being considered in…

The Economic Times · May 22

Experts see possibility of 50-75 bps RBI rate hike amid inflation pressures

Concerns are rising over India's economic outlook due to surging crude oil prices and inflation. Experts suggest the Reserve Bank of India might increase interest rates in the coming quarters. Global uncertainties and geopolitical tensions are adding pressure. While some anticipate a cautious pause, persistent inflation risks could lead to…

The Economic Times · May 20

RBI discontinues investment fluctuation reserve requirement for banks

The Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2026. Balances in the IFR will be transferred to other reserves. The Reserve Bank has issued separate circulars for cooperative banks, small finance banks, and payments banks. This move…

The Economic Times · May 18

India's retail inflation edges up to 3.48% in April as food prices firm up

India's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the overall inflation rate remains comfortably below the Reserve Bank of India's target of 4 percent. Food inflation itself climbed to 4.20 percent. Personal care and miscellaneous goods…

The Economic Times · May 12

Why Is Apple Pay Stuck in India While the World Taps and Pays?

Apple Pay promises simple tap and pay convenience, but in India this experience is still not available. Despite millions of iPhone users and India’s global leadership in digital payments, Apple Pay has not yet entered daily use. Many users feel confused when they see Apple Pay logos online but cannot…

MyLifeXP · Jan 21