Reserve Bank of India

India’s new gold-backed loan rules changes competitive landscape

Lenders will have to gauge repayment capability using income and cash flows.
5 days ago

India revises instructions for unclaimed and inoperative deposit accounts

Accounts covered are those unoperated and amounts unclaimed for 10 years or more.

India’s consumer lending growth slows in 2025

Consumer demand for mortgages and personal loans will be dampened, it said.

India revises priority sector lending guidelines

It broadened the purposes for renewable energy loans and revised UCB targets.

RBI Governor tells urban cooperative banks not to break depositors’ trust

Malhotra stressed the importance of maintaining high standards for customer service.

India’s central bank names new executive director

Shri Indranil Bhattacharya will look after the Dep’t of Economic and Policy Research.

Japan, India renew bilateral swap agreement

The size of the BSA remains unchanged at $75b.

India’s restored risk weights offer modest impact to banks

The move will enhance flow of credit from banks to better-rated NBFCs.

RBI proposes extra authentication for first-time online card use

Card issuers are mandated to validate the additional factor authentication.

India’s postponed LCR rules a win for banks’ margins, loan growth

The rules require banks to shore up more liquidity on retail deposits.

Overall loan demand in India to “moderate” in Jan-Mar 2025: survey

Terms and conditions for the mining sector are expected to become stricter.

RBI supersedes board of Aviom India Housing Finance

Punjab National Bank’s ex-CGM Shri Ram Kumar appointed as administrator.

India allows foreigners living overseas to open rupee accounts

This is provided they use the accounts for transactions with a resident of India.

RBI names 15 NBFCs to upper layer

They are subject to enhanced regulatory requirements for a 5-year period.

India names new advisory committee members for bank applications

RBI former deputy governor Shri M. K. Jain will serve as chairperson.