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Saturday, August 30, 2025
TopicRBI

Topic: RBI

Sinking rupee bigger worry for top debt underwriter than Modi govt missing deficit target

With US Fed expected to continue tightening cycle & polls due in India, global funds may not be keen to invest in Indian assets.

Govt undermining the independence of the central bank can induce policy myopia in the economy: RBI Dy governor

Dr. Viral V Acharya, deputy governor of Reserve Bank of India during a lecture said direct intervention and interference by the government in operational mandate of the central bank negates its autonomy.

Lured by falling rupee, NRIs are going to send a record $76 billion to India

India is expected to receive remittances of about $76 billion in 2018, 10 per cent more than in the previous year, according to estimates by EbixCash.

RBI hand seen as rupee holds amid cooling oil prices

India’s forex reserves plunged $5.14 billion in the week ended 12 Oct. — the biggest drop in 7 years — hinting at the central bank’s intervention.

India’s forex reserves post biggest weekly fall since 2011 to well below $400 billion

Forex reserves fell to $394.47 billion as the Reserve Bank of India sold dollars to shore up the sinking rupee.

Mastercard & Visa among firms set to miss RBI deadline to store data in India

Mastercard & Visa have requested an extension of the RBI deadline & relaxation of rules, citing operational difficulties & security concerns.

India’s headline inflation might be low, but it may not stay that way for long

Between a record-low currency, high oil prices, and a looming election, India's inflation rate could take a hit.

RBI shows it will hold managements of private banks accountable

The action of regulators against older generation leaders of 3 private banks is seen to benefit share holders in the long term.

Demand is cooling and that explains why RBI didn’t hike interest rates

Capacity utilisation rate, consumer confidence, and outlook for demand in manufacturing sector in third quarter were less optimistic, RBI surveys show.

On Camera

Easy loans, uneasy ‘debt traps’. Women harassed by private lenders ask ‘who will restore lost dignity?’

A public meeting, where the women voiced their protest, took place this month in Delhi, grounded on the findings of an AIDWA survey, covering 9,000 women borrowers.

Ahead of SCO meet, Russia & China stage maiden joint submarine patrol in Sea of Japan, East China Sea

Joint submarine patrol ‘covered more than 2,000 nautical miles’ and was joined by Russian support vessels. Beijing maintains exercise ‘not directed against any third party’.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.