RBI Appoints Sonali Sen Gupta as Executive Director

By BPN News Desk October 11, 2025

Business Finance

The Reserve Bank of India (RBI) has named Sonali Sen Gupta as a new Executive Director (ED), effective October 9, 2025. Long RBI Career Sen Gupta has worked at the RBI for over 30 years, holding roles across diverse divisions such as banking regulation, financial inclusion, supervision, and

Business Finance

RBI Unveils Revised Related-Party Lending Rules

By BPN News Desk October 4, 2025

The Reserve Bank of India (RBI) has issued a draft framework amending norms for lending by banks and NBFCs to related parties. Under the new proposal, only loans beyond certain scale-based thresholds will require board or committee approval. Scale-Based Thresholds Smaller banks with assets below ₹1,000 billion would need board approval only for related-party loans […]

Economy National

RBI Governor: India Can Withstand Global Headwinds

By BPN News Desk October 3, 2025

Reserve Bank of India Governor Sanjay Malhotra said on October 3, 2025, that India is well positioned to handle external pressures amid rising global uncertainties. He was speaking at the Economic Conclave in New Delhi, where he underlined the country’s resilience. Strong Fundamentals as a Buffer Malhotra highlighted India’s healthy foreign exchange reserves, low inflation

Op-Eds Opinion

Congress vs BJP: Who Really Built India’s Forex Wall?

By BPN News Desk September 22, 2025

India’s foreign exchange reserves recently crossed the $700 billion mark, sparking debate about which government deserves credit for building this financial shield. For students of finance and public services, this question is less about politics and more about understanding how reserves grow, what role they play, and why both governments contributed differently to the

Business Finance

Rupee Edges Up to ₹88.20 Against US Dollar

By BPN News Desk September 15, 2025

On Monday, the Indian rupee gained 6 paise to close at ₹88.20 per US dollar in interbank trading. This was a marginal improvement driven by range-bound trading and a slightly weaker US dollar. Market Dynamics Traders noted controlled volatility in the forex market. Some attributed the rupee’s mild strengthening to possible intervention by the Reserve […]

Business Finance

RBI Holds Talks with Exporters as US Tariffs Loom

By BPN News Desk August 26, 2025

The Reserve Bank of India (RBI) has started consultations with exporters to understand what support they may need as the US prepares to impose steep tariffs on Indian goods. These discussions are expected to continue through the week, with small and medium-sized enterprises flagged as the most at risk. Tariff Impact on Exports The US […]

Economy National

RBI May Cut Rates As Inflation Drops To Six-Year Low

By BPN News Desk July 16, 2025

Reserve Bank of India Governor Sanjay Malhotra has indicated that additional interest rate cuts may be considered if current economic trends continue. This follows the release of June inflation data showing a sharp decline to 2.1%, the lowest level in over six years. The RBI’s Monetary Policy Committee is expected to closely monitor both inflation […]

Business Finance

RBI: ₹2,000 Notes No Longer Circulating, But Still Valid

By BPN News Desk July 11, 2025

RBI Governor Sanjay Malhotra informed Parliament’s Finance Committee that ₹2,000 notes are no longer being issued or found in everyday transactions, but remain fully legal tender. The notes were officially withdrawn from circulation in May 2023. Why They Still Count Despite being phased out, approximately ₹6,100 crore worth of ₹2,000 notes remain with the public […]

Business Finance

Nirmala Sitharaman Urges Respectful NBFC Recoveries

By BPN News Desk July 11, 2025

Union Finance Minister Nirmala Sitharaman has called on non-banking financial companies (NBFCs) to follow respectful and fair practices while recovering loans. Speaking at a financial sector event in New Delhi, she stressed that while financial institutions have every right to recover dues, the methods must never compromise the dignity of borrowers. She cited instances

Economy National

RBI Expected to Cut Repo Rate by 25 bps in June 2025 Policy Meeting

By BPN News Desk May 26, 2025

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is widely expected to cut the repo rate by 25 basis points in its next policy meeting on June 6, 2025. If implemented, this would be the third consecutive rate cut this year, following reductions in February and April, signaling a strong pivot toward economic […]