The Reserve Bank of India (RBI) has rolled out updated Priority Sector Lending (PSL) guidelines that will take effect on April 1, 2025. These new rules are all about making credit more accessible to key sectors like agriculture, MSMEs, renewable energy, housing, education, and social ...

The Reserve Bank of India (RBI) has reported a significant increase in its net short position in the forward book, which surged to $77.5 billion by the end of January 2025, up from $67.9 billion in December 2024. This growth reflects the bank's interventions in the forex market due to the ...

The Reserve Bank of India (RBI) has been honored with the Digital Transformation Award 2025 by Central Banking in London, UK. This significant accolade showcases RBI’s successful launch of its digital initiatives—Pravaah and Sarthi—developed by its dedicated IT team. These innovations have notably ...

The Reserve Bank of India (RBI) has launched a framework to officially recognize a Self-Regulatory Organisation (SRO) for the Account Aggregator (AA) ecosystem. This initiative is all about making data exchange smoother, tackling operational issues, and ensuring compliance with different ...

Micro, Small, and Medium Enterprises (MSMEs) are crucial to the Indian economy, significantly impacting employment and GDP. To ensure their growth and financial well-being, the Government of India, along with the Reserve Bank of India (RBI), has introduced several measures to improve credit access ...

The Reserve Bank of India (RBI) has announced the appointment of Dr. Ajit Ratnakar Joshi as its new Executive Director (ED), effective March 3, 2025. In this role, Dr. Joshi will oversee the Department of Statistics and Information Management as well as the Financial Stability Department. With ...

The Reserve Bank of India (RBI) has published the “Regulations at a Glance” handbook, compiled by the Department of Regulation (DoR), to provide a comprehensive overview of important regulatory guidelines for different banking entities, including cooperative banks. The handbook presents key ...

The Reserve Bank of India (RBI) has announced a $10 billion foreign exchange (forex) swap to inject liquidity into the banking system and address the prevailing cash crunch. The three-year swap auction is scheduled for February 28, 2025. This action follows a $5 billion ...

The Reserve Bank of India (RBI) has launched RBIDATA, a mobile application that allows users to easily access macroeconomic and financial data concerning the Indian economy. This app is tailored for a diverse audience, including researchers, students, policymakers, and the general public, ...

The Reserve Bank of India (RBI) has taken decisive action against three financial institutions—Shriram Finance, Ujjivan Small Finance Bank, and The Nainital Bank Limited—by imposing monetary penalties due to their failure to comply with various regulatory standards. These penalties were enforced ...