The court called for clear directives against musclemen tactics deployed for vehicle repossession against defaulting borrowers.
Tag: RBI
Union Cabinet Approves Production of 2 Billion Polymer Banknotes for Rs 10 and Rs 20
The Indian government authorized printing two billion polymer-based banknotes to evaluate durability for low-denomination currency.
RBI Forex Drive Attracts $32 Billion to Boost Reserves Says Governor
RBI Governor Sanjay Malhotra revealed that a special foreign exchange mobilization initiative brought $32 billion into reserves.
FOREX inflow crosses $20 billion under RBI special swap scheme
Banks mobilized over 20.7 billion USD in foreign exchange inflows under the new central bank scheme.
RBI absorbs net liquidity of ₹70,888 crore from banking system
The central bank actively managed money market operations to absorb excess liquidity as of mid-July.
RBI Directive Allows Banks to Extend Loans Against Foreign Currency Deposits — New Instrument Activated
The Reserve Bank of India’s directive enables commercial banks to use foreign currency deposit collateral for lending opening new avenues for corporate finance.
RBI Monetary Policy Stance Likely to Stay on Hold as Inflation Hits Near 3.9% Close to Target
Goldman Sachs economists say limited space exists for further policy easing as India’s headline inflation approaches the Reserve Bank’s 4% target after 125bps of cuts.
RBI Allows Banks to Offer Loans Against Foreign Currency Deposits — New Lending Instrument
The Reserve Bank of India’s new directive enables commercial banks to extend credit using foreign currency deposits as collateral expanding liquidity options.
India’s RBI Announces Sovereign Gold Bond Premature Redemption Schedule for July–September 2026
The Reserve Bank of India has released the schedule for early redemption windows covering several SGB tranches allowing investors to exit before maturity dates.
Fact Check: Will Pre-2005 Mahatma Gandhi Series ₹ Notes Be Discontinued? Bank Responds
The Reserve Bank of India clarified that pre-2005 Mahatma Gandhi series currency notes will remain legal tender.