RBI issues final amendment directions on limiting customer liability in digital transactions, effective from 2027
The RBI has issued final directions on digital payment fraud liability, effective January 1, 2027, requiring banks to prove customer negligence rather than the other way around. A new compensation scheme covers losses up to Rs 50,000 for eligible victims who report fraud within five days.
5d ago · 4 min · Policy & Government
Rate cuts transmission moderated in May 2026: RBI
RBI data through May 2026 shows that its 85 basis point repo rate cuts since February 2025 are only partially reaching borrowers, with lending rate transmission described as moderated. Slower pass-through limits relief for loan holders and may pressure the RBI to cut rates further to achieve its growth goals.
6d ago · 3 min · Economy
Tata Sons IPO: Tata Chemicals, Tata Investment Corp shares tumble 3%. Here's why
Shares of Tata Chemicals and Tata Investment Corporation fell around 3% after reports said Tata Trusts Chairman Noel Tata wrote to the RBI opposing a Tata Sons IPO.
22d ago · 3 min · Markets
RBI reviews expected credit loss rules amid concerns over impact on SME credit costs
The RBI is reviewing its expected credit loss framework after rating agencies recorded default rates above benchmark thresholds. A stricter application could raise risk weights for SME loans, pushing up borrowing costs for small and mid-sized businesses.
28d ago · 3 min · Policy & Government
Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boil
The Indian rupee dropped to a record low of 95.55 against the US dollar as tensions around the US-Iran ceasefire pushed oil prices higher. Since India imports most of its crude oil, rising prices increase dollar outflows and weaken the currency, raising risks of higher fuel and consumer prices.
1mo ago · 3 min · Markets
Rupee falls to record low of 95.63 against U.S. dollar in early trade
The Indian rupee fell to a record low of 95.63 against the U.S. dollar in early interbank trade, opening at 95.57 before sliding further. The fresh all-time low raises import costs and puts pressure on the Reserve Bank of India to respond.
1mo ago · 3 min · Markets
Rupee hits record low of 95.55 per dollar as oil prices rise further
The Indian rupee fell to a record low of 95.55 per US dollar, driven by rising oil prices tied to a fraying US-Iran ceasefire. India's heavy dependence on oil imports increases dollar demand and widens the trade deficit, putting direct pressure on the currency.
1mo ago · 3 min · Markets
Rupee slips 19 paise to hit record low of 95.50 against US dollar. Will it touch 100?
The Indian rupee dropped 19 paise to a record low of 95.50 against the US dollar, its weakest level ever. The move raises costs for importers and fuels inflation risks, with currency markets now debating whether the rupee could slide toward the 100-per-dollar mark.
1mo ago · 4 min · Markets
Rupee closes at record low of 95.31 per USD
The Indian rupee closed at a record low of 95.31 per US dollar after foreign portfolio investors sold $844 million worth of Indian equities in a single session. The large-scale selling drove sharp dollar demand as investors repatriated funds, pushing the currency to its weakest level ever.
1mo ago · 2 min · Markets
140 Bps Cut: HSBC Sharply Slashes India GDP Forecast Citing Energy Shock, Deficit Rainfall Forecast
HSBC has slashed its India GDP growth forecast by 140 basis points, flagging an energy price shock and a deficit rainfall outlook as the main risks. The cut puts HSBC well below the RBI's official 6.9% growth projection for 2026-27, with rural demand and manufacturing margins most exposed.
1mo ago · 2 min · Economy
Rupee crashes 82 paise to close at all-time low of 95.31 against U.S. dollar
The Indian rupee dropped 82 paise to close at an all-time low of 95.31 against the U.S. dollar, pressured by a stronger dollar and heavy FPI selling. A weaker rupee raises import costs, especially for crude oil, and signals continued stress in India's currency and capital markets.
1mo ago · 2 min · Markets
Rupee Vs Dollar: Indian Unit Records Sharpest Fall Since March, Weakens 83 Paise
The Indian rupee fell 83 paise against the US dollar, its steepest single-day drop since March, after the previous close stood at 94.48 per dollar. The move raises import costs and could pressure inflation if the weakness persists.
1mo ago · 2 min · Markets
Rupee crashes 139 paise to 94.90 against US dollar in early trade
The Indian rupee dropped 139 paise to 94.90 against the dollar in early trade after President Trump rejected Iran's response to a US nuclear peace proposal. The geopolitical flare-up has raised fears of rising oil prices, which directly pressures India's import bill and currency.
1mo ago · 2 min · Markets
Rupee opens 33 paise lower at 94.58 against the US dollar
The Indian rupee opened 33 paise weaker at 94.58 per US dollar on Thursday, marking a sharp fall at the start of the session. A weaker rupee raises import costs, especially for crude oil, and could put pressure on inflation and corporate margins.
1mo ago · 2 min · Markets
RBI eases rules for banks to include quarterly profits in regulatory capital
The RBI's Fifth Amendment Directions, 2026 now allow banks to count current-year profits in their CRAR capital ratio on a quarterly basis, subject to a prescribed formula. This could reduce pressure on lenders to raise fresh equity and may support faster loan book growth.
1mo ago · 2 min · Policy & Government
RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
The RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital, the maximum allowed without triggering a deeper ownership review. The move positions Kotak as a potential top institutional shareholder in the Kerala-based lender, with actual purchases yet to be disclosed.
1mo ago · 2 min · Markets
Rupee falls 39 paise to close at all-time low of 95.23 against U.S. dollar
The Indian rupee fell 39 paise to close at an all-time low of 85.23 against the dollar, pressured by Brent crude near $110 per barrel and persistent foreign capital outflows. Higher oil import costs and a stronger dollar are the core drivers.
1mo ago · 2 min · Markets
Rupee hits record low as Nifty closes well off day’s high
The Nifty 50 rose 121 points to close at 24,119 on Tuesday, but both indices finished well below intraday highs as the rupee hit a record low against the dollar. Currency weakness raises import costs and could dampen foreign investor appetite for Indian assets.
1mo ago · 2 min · Markets
Paytm share price crashes 8% after RBI cancels Paytm Payments Bank License, Should you buy, sell or hold?
The Reserve Bank of India has formally cancelled the license of Paytm Payments Bank Ltd, sending One97 Communications shares down 8% in early trade. The cancellation ends any possibility of the payments bank resuming operations, adding regulatory risk to Paytm's ongoing business restructuring.
1mo ago · 2 min · Markets
Paytm Shares Tumble 8% After RBI Ban On Payments Bank Unit
Paytm shares fell around 8% on Monday after the RBI banned its payments bank unit. The move threatens key revenue streams and could disrupt wallet and merchant settlement services for millions of users.
1mo ago · 2 min · Markets