Tag Archives: RBI

The Reserve Bank of India (RBI) on Friday announced a sweeping set of trade relief measures aimed at easing the pressure on exporters battling global headwinds, supply-chain delays and tightening liquidity, according to an ANI report.The relief package — effective immediately — expands export timelines, relaxes credit norms and grants temporary leeway on loan repayments to help sectors hit hardest …

Gold’s rally this year has reignited investor interest ahead of Diwali, with the yellow metal emerging as one of 2025’s strongest-performing assets. Global uncertainties, dovish central banks, and safe-haven demand have kept prices elevated.“Gold has witnessed a parabolic rally since August 2025, soaring from Rs 98,500 per 10 grams to a fresh all-time high of Rs 1,26,930 per 10 grams …

In a move aimed at strengthening regional trade and payment systems, the Reserve Bank of India (RBI) on Monday allowed Indian banks and their overseas branches to extend rupee-denominated loans to persons residing in Bhutan, Nepal, and Sri Lanka.The RBI said the step was taken to facilitate cross-border trade transactions and is part of its ongoing efforts to ease external …

The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), effective October 9, 2025, the central bank said in an official release. Sen Gupta was earlier the Regional Director for Karnataka at the RBI’s Bengaluru office, according to ANI. With over three decades of experience at the central bank, she has worked across …

MUMBAI: Pushing for a public listing of Tata Sons, Shapoorji Pallonji Mistry on Friday said it was “not merely a financial step – it is a moral and social imperative. “Tata Trusts stand to benefit immensely from this (IPO) process. A transparent and publicly accountable Tata Sons would pave the way for a robust and equitable dividend policy, thereby ensuring …

File photo: Chairman C S Setty MUMBAI: The country’s largest lender SBI is engaging with regulators to simplify its ‘know your customer’ (KYC) process, chairman C S Setty said, underlining the bank’s efforts to improve access and quality of financial services. “Simplifying KYC and re-KYC processes is critical for both customers and banks. We are taking initiatives from SBI’s side …

MUMBAI: RBI has released a draft circular revising its framework for lending to related parties, a move expected to significantly improve ease of doing business in the financial sector. By introducing scale-based materiality thresholds, the draft ensures that only sizeable loans to related parties require board or committee approval, replacing earlier blanket restrictions that often hampered operational flexibility.Independent directors from …

MUMBAI: RBI has recognised the Finance Industry Development Council (FIDC) as the official self-regulatory organisation (SRO) for NBFCs, aiming to tighten compliance, foster innovation, and boost sector development. The decision follows the June 19, 2024 press release inviting applications and the March 21 omnibus framework for SRO recognition. RBI received three applications, of which two were rejected for incompleteness.SROs are …

MUMBAI: RBI has proposed a revamp of rules on external commercial borrowings. The draft guidelines for 2025, the most extensive rejig since a Dec 2018 framework, replace uniform caps with limits tied to a borrower’s financial strength. Companies may raise up to $1 billion or 300% of their net worth (whichever is higher), while financial sector firms regulated by RBI, …

Govt has appointed Shirish Chandra Murmu, executive director at RBI, as deputy governor of the central bank for a three-year term starting Oct 9, 2025.He will succeed M Rajeshwar Rao, who is retiring. The appointment was cleared by the appointments committee of the Cabinet. In his new role, Murmu will oversee key areas such as banking regulation, supervision, monetary policy …