Tag: rbi

Anup Bagchi, 56, brings experience across banking and financial services, including retail, broking and insurance, from his previous roles. (mint)
Posted in Business

Anup Bagchi choice for HDFC Bank CEO signals regulatory slant for fresh blood

ICICI Bank veteran Anup Bagchi’s appointment as the managing director and chief executive officer of HDFC Bank is the latest instance of the regulator approving…

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Posted in Economy

India’s external debt rises to $778.2 billion in June quarter: RBI

India’s total external debt grew by USD 15.4 billion to reach USD 778.2 billion by the end of the June 2026 quarter compared to the…

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Posted in Economy

Panel proposes raising RBI’s ways and means advances corpus by 11.2% to Rs 67,839 crore

Kolkata: A panel to review Reserve Bank of India‘s liquidity support to state government through ways and means advances (WMA) has proposed increasing the corpus…

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Posted in Economy

Broadening inflation, robust growth, global hikes build case for India RBI tightening

Broadening inflation, resilient economic growth and a growing chorus of global rate hikes are leaving India’s central bank with little reason to hold borrowing costs…

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Posted in Economy

HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures

New Delhi: India’s GDP growth in the second quarter of FY2026-27 came in significantly above the Reserve Bank of India‘s (RBI) 7 per cent forecast,…

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RBI’s Rate-Hike Moment could be Near as Fed Steps up the Pressure
Posted in Economy

RBI rate hike imminent? Fed’s move pressures India to tighten monetary policy amid rising inflation

Mumbai: Calls for India to join central bank peers from Tokyo to London in tightening rates have grown louder after Washington, despite looming midterm polls,…

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Posted in Economy

Credit, savings, insurance next frontiers in financial services: RBI DG

Having made digital payments a common occurance, the next challenge for the financial ecosystem is to extend that same ordinariness to credit, savings and insurance,…

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RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity
Posted in Economy

RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity

Kolkata: The Reserve Bank of India will hold a 26-day variable rate reverse repo auction on Friday with a target to drain out Rs 5…

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Posted in Economy

India’s central bank withdraws over 6 trillion rupees of bank liquidity after record spike

MUMBAI: The Indian central bank absorbed more than 6 trillion rupees ($63.53 billion) through cash withdrawal operations on Monday, a day after banking liquidity surged…

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Posted in Economy

India’s cyclical recovery faces risks; oil supply shock, AI capex may hit corporate margins from Q2FY27: Report

New Delhi: India’s cyclical recovery faces rising risks from an oil supply shock, fading domestic stimulus and weaker artificial intelligence (AI) capital expenditure, according to…

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