RBI News

The due date of premature redemption of the above tranche shall be on April 15, 2026.

The country’s forex jumped to USD 697.121 billion for the week ended April 3. This comes after a significant drop of USD 10.288 billion in the preceding week ended March 27, when reserves had slipped to USD 688.058 billion.  

Top 7 countries with highest gold reserves in the world: Long before stock markets, central banks, or digital payments existed, gold was how nations kept score. Centuries later, not much has changed. Countries still stack it, guard it and count on it when everything else goes wrong. Here is a look at the seven nations sitting on the world's largest gold reserves, and where India fits in.  

RBI draft paper mentions banks would be required to hold account-to-account transfers above Rs 10,000 for one hour at the payer's end before executing them.

Speaking after the monetary policy announcement, the RBI governor said that based on regular supervision, there are no material concerns about the bank’s governance.

RBI has kept the repo rate unchanged at 5.25 percent, continuing with a cautious wait and watch approach.

According to economists, there are strong reasons why the RBI might consider a rate pause this time around.

Inflationary risks stem from higher input costs for manufacturers, a possible El Niño that could push up food prices, higher fertiliser costs if passed on to farmers.

HDFC bank has revised its Marginal Cost of Funds based Lending Rate (MCLR) on select short-term tenors from today, while medium and long term tenors remain unchanged.

The meeting -- scheduled from April 6 to April 8 -- comes at a time when rising crude oil prices and global geopolitical tensions have clouded the inflation outlook.

Investors are now bracing for another eventful week, where the Reserve Bank of India’s policy decision, escalating geopolitical tensions, and surging crude oil prices are expected to dictate market direction.

According to the Central Bank release, the securities will be issued through an auction conducted on the RBI's Core Banking Solution platform, E-Kuber. The auction will include borrowings by several states, with varying tenors and structures, including both fresh issuances and re-issues of existing securities.    

The three-day policy meeting is scheduled from April 6 to April 8 -- the first since the ongoing energy shock triggered by the West Asia conflict pushed Brent crude to average around $100 per barrel in March.

If inflation breaches the upper tolerance band of 6 per cent, the bank said there could be a rate hike towards the end of the year.

The central bank has made two-factor authentication (2FA) mandatory for all digital payments, including those made through UPI, debit and credit cards, and mobile wallets.

The central bank said the decision was taken in view of continuing logistical challenges arising from geopolitical tensions in West Asia.  

The decision comes after feedback from banks, capital market intermediaries (CMIs), and industry bodies, which highlighted operational and interpretational challenges in implementing the new norms.  

The penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with section 46(4)(i) of the Banking Regulation Act, 1949.  

The rupee has now become Asia's worst-performing currency, having fallen 4.1 percent against the US dollar since January 1, 2026.  

The central bank has made two-factor authentication (2FA) mandatory for all digital payments, including those made through UPI, debit and credit cards, and mobile wallets.