Cash in circulation rises, complicating RBI's currency planning: SC Murmu
India has 176 billion banknotes in circulation; RBI produces 28-30 billion notes and retires around 21 billion annually
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Subrata Panda
59
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India's BoP deficit widens to $8.1 billion in Q1FY27 on capital outflows
Q1 current account deficit at $3.1 billion; $6.2 billion in June
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RBI draft keeps external benchmark optional for NBFCs in loan-rate rules
The proposed harmonised framework requires banks to link certain floating-rate loans to external benchmarks while giving NBFCs and other lenders discretion over adoption
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Tata Capital's revolving credit exposure below 5% of loan book: Sabharwal
Lender to submit feedback on RBI proposal to bar NBFCs from offering revolving credit products
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RBI to issue cyber fraud SOP after refining draft over next four weeks
Deputy Governor Swaminathan J says the RBI has submitted a draft standard operating procedure to the Supreme Court and will refine it before issuing it to regulated entities.
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RBI expects strong FCNR (B) inflows, rules out early closure of window
Governor Sanjay Malhotra says mobilisation under the concessional FCNR(B) swap window remains robust, with no proposal to close the scheme before its September 30 deadline
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Lender fixes accountability: HDFC Bank clears path for CEO call
With the legal review and the MSRDC deposit issue now closed, HDFC Bank's board is expected to take up Managing Director and CEO Sashidhar Jagdishan's reappointment
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HDFC Bank raises 3-5 year FCNR(B) dollar deposit rate by 25 bps to 6.25%
The private sector lender raised its dollar deposit rate by 25 basis points as banks compete for non-resident funds before the RBI's concessional swap window closes
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