Tag: rbi
Forex rules relaxed to help export, import processing
MUMBAI: The Reserve Bank of India (RBI) on Wednesday relaxed foreign exchange management rules to provide exporters and importers more flexibility amid rising global trade…
Overseas borrowing may soon get easier and cheaper for Indian companies
MUMBAI: The central bank is working to relax rules on external commercial borrowings (ECBs), making it easier and cheaper for Indian companies to raise money…
Financial stability foremost priority, but we shouldn’t impede growth through regulations: RBI Governor Sanjay Malhotra
After announcing a slew of measures centred around ease of doing business and relaxations of norms, RBI Governor Sanjay Malhotra asserted that financial stability is…
Rupee loan average rates fall by 6bps in August
MUMBAI: The average lending rate on fresh rupee loans across the banking system eased by 6 basis points (bps) in August over July to 8.75%,…
RBI to continue to use overnight weighted average call rate as the operating target for monetary policy
MUMBAI: The Reserve Bank of India (RBI) would continue to use the overnight weighted average call rate (WACR) as the operating target for monetary policy…
RBI launches scheme to reduce stock of unclaimed deposits by incentivising banks
The Reserve Bank on Tuesday announced a year-long incentive scheme for banks to reduce the volume of unclaimed deposits. Under the ‘Scheme for Facilitating Accelerated…
India’s external debt rises to USD 747.2 bn at Jun-end: RBI data
India’s external debt stood at USD 747.2 billion at the end of June 2025, an increase of USD 11.2 billion over its level at March-end…
India interest rate cut back in play after tariffs
The Reserve Bank of India’s interest rate decision on Wednesday will likely be a close call, with policymakers facing multiple reasons to lower borrowing costs…
RBI tweaks rules for small business loans, loans against gold
The Reserve Bank of India (RBI) tweaked rules for small business loans, allowing the spread charged for the credit risk of a borrower to be…
RBI unveils norms to enable faster transmission of rates
The Reserve Bank of India (RBI) on Monday announced a series of regulatory amendments aimed at faster transmission of policy rates, easing gold loan norms…