The Reserve Bank of India has clarified that banks cannot force customers to adopt digital banking in order to access other essential services. The clarification comes under the updated digital banking framework, which emphasises customer consent and financial inclusion. Consent Required Before
India’s retail inflation fell sharply to 0.25 percent in October 2025, marking the lowest level recorded in the current data series. The decline was driven mainly by easing food prices and recent tax reductions. Economists say favourable base effects also contributed to the unusually low reading. Government Suggests Scope For Rate Reduction Union Commerce Minister […]
The Reserve Bank of India has indicated there is space for further policy rate cuts after retail inflation dropped to a record low of 0.25 percent in October. RBI Governor Sanjay Malhotra said the sharp fall in inflation strengthens the case for easing, though any move will depend on the Monetary Policy Committee’s assessment. Growth […]
India’s foreign exchange reserves recorded a strong weekly rise, increasing by USD 5.543 billion to reach around USD 692.576 billion for the week ended 14 November 2025, according to the latest data from the Reserve Bank of India. This comes after a decline of USD 2.699 billion in the previous reporting week, when reserves had […]
India’s foreign exchange reserves fell by US $5.6 billion in the week ended October 31 2025, dropping to US $689.73 billion, the Reserve Bank of India (RBI) said on Friday. This decline occurs after a previous week in which reserves had already slipped by about US $6.9 billion. The fall was driven by a reduction […]
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 human resources. Before this elevation, she served […]
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 […]
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
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
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 […]















