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

By BPN News Desk May 26, 2025

Economy National

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

Economy National

Indian Banks Advocate for Reinstatement of Daily Overnight Borrowing Window to Enhance Liquidity

By BPN News Desk April 5, 2025

Indian banks have formally requested the Reserve Bank of India (RBI) to reinstate the daily overnight borrowing window as a means to improve day-to-day liquidity management. The demand comes amid growing challenges in managing cash flows efficiently under the current liquidity framework, which is centered on 14-day variable rate repo operations. Banks Cite Operational

Finance

RBI Governor Urges Banks to Streamline KYC Processes and Enhance Customer Service

By Editor - News Desk March 19, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged banks and non-banking financial companies (NBFCs) to cease the practice of repeatedly requesting ‘Know Your Customer’ (KYC) documents from customers. Speaking at the annual conference of RBI Ombudsmen, Malhotra emphasized that once a customer submits KYC documents to any financial institution

Finance

RBI’s ₹1.9 Lakh Crore Liquidity Infusion Expected to Lower Lending Rates

By BPN News Desk March 18, 2025

The Reserve Bank of India (RBI) has implemented significant liquidity infusion measures aimed at stimulating economic growth and potentially leading to a reduction in lending rates sooner than anticipated. These measures are designed to alleviate liquidity constraints in the banking system, thereby enabling banks to lower borrowing costs for consumers and businesses. To

Finance

Sovereign Gold Bond Investors Reap Tax-Free Gains as RBI Sets Redemption Price at ₹8,624

By BPN News Desk March 16, 2025

Investors in the Sovereign Gold Bond (SGB) Scheme 2016-17 Series IV have experienced substantial returns as the Reserve Bank of India (RBI) announced a redemption price of ₹8,624 per unit. This series, issued in March 2017, had an initial issue price of ₹2,943 per gram, leading to a significant appreciation over the investment period. The […]

Finance

RBI Eases Lending Norms for NBFCs and Microfinance Institutions

By BPN News Desk February 26, 2025

The Reserve Bank of India (RBI) has eased lending restrictions on non-bank financial companies (NBFCs) and microfinance institutions (MFIs) by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures. In November 2023, the RBI had increased risk weights

Finance

RBI to Inject $10 Billion via Forex Swap to Address Liquidity Deficit

By BPN News Desk February 24, 2025

The Reserve Bank of India (RBI) has announced a significant measure to address the persistent liquidity deficit in the nation’s banking system by initiating a $10 billion dollar-rupee buy/sell swap auction. Scheduled for February 28, 2025, this operation aims to inject approximately ₹870 billion into the financial system, providing much-needed liquidity relief to

Finance

RBI’s New Communication Norms May Impact Debt Recovery Processes

By BPN News Desk February 23, 2025

The Reserve Bank of India’s (RBI) recent directive to formalize communication channels between financial institutions and customers has sparked a debate among industry experts. On January 17, 2025, the RBI mandated that all transactional calls from banks, mutual funds, and other financial service providers must utilize the ‘160’ number series, while

Uncategorized

RBI Proposes Elimination of Pre-Payment Charges on Business Loans for Individuals and MSEs

By BPN News Desk February 22, 2025

The Reserve Bank of India (RBI) has proposed the removal of foreclosure charges and pre-payment penalties on all floating rate loans extended to individuals and Micro and Small Enterprises (MSEs), including those taken for business purposes. This initiative aims to promote responsible lending practices and provide greater flexibility to borrowers in managing their debts.

Economy National

India’s Forex Reserves Increase by $7.6 Billion

By BPN News Desk February 14, 2025

India’s foreign exchange reserves have surged by $7.6 billion, marking the third consecutive week of expansion. This increase brings the total reserves to approximately $704.89 billion, reflecting strong foreign investments and a stable macroeconomic outlook. Breakdown of Forex Reserves The foreign exchange reserves comprise multiple components that contribute to