Rupee falls to 95.28 as oil and US yields pressure currency
The rupee fell 6 paise to 95.28 against the US dollar in early trade on Friday, after opening at 95.27. It had declined 14 paise to 95.22 in the previous session. The…
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RBI absorbs Rs 1.30 lakh crore through reverse repo
The Reserve Bank of India absorbed Rs 1,30,286 crore through a four-day variable-rate reverse repo operation on August 6, 2026, at a cut-off rate of 5.24%. Banks placed another Rs 2,45,409 crore…
RBI Publishes Payment System Authorisation Register
The Reserve Bank of India has published a page listing certificates of authorisation issued under the Payment and Settlement Systems Act, 2007. The certificates concern entities setting up and operating payment systems…
RBI Holds Repo Rate At 5.25% For Fourth Review
The RBI’s Monetary Policy Committee on Wednesday unanimously kept the repo rate at 5.25% and retained its neutral stance for a fourth consecutive review. Governor Sanjay Malhotra said inflation may peak at…
Jewellers Propose 1% Incentive to Mobilise Household Gold
Indian jewellers could receive an incentive of 0.75% to 1% on old gold collected under a proposed revamp of the government’s Gold Monetisation Scheme. The proposal from the India Bullion and Jewellers…
RBI targets polymer banknote rollout by next financial year
RBI Governor Sanjay Malhotra said the central bank aims to have polymer banknotes in circulation by the beginning of the next financial year, if field trials and preparations go as planned. Speaking…
UPI MDR Decision Pending, Merchants May Face Charges Above Rs 2,000
Finance Minister Nirmala Sitharaman said any Merchant Discount Rate on UPI would apply to merchants, not customers. She added that no final decision has been taken. The proposed legal change would allow…
RBI notifies banks of five Taliban sanctions-list amendments
The Reserve Bank of India has directed banks, non-banking financial companies and other regulated entities to follow five amendments to the UN Security Council’s Taliban sanctions list. The circular, dated July 31,…
Industrial output rises 7.3% as services growth eases in May
India’s industrial output grew 7.3% year-on-year in June, its highest rate in six months, led by manufacturing and electricity, provisional data from the Ministry of Statistics and Programme Implementation showed. Manufacturing expanded…
RBI Says Large Banks Are Secure After Bank of Baroda Breach
RBI Governor Sanjay Malhotra said large banks and regulated entities have strong IT systems, days after a reported cyber breach at Bank of Baroda. Mint reports that about 1 terabyte of customer…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.