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TREND | 11 Sep 2025, 12:10PM

RBI acquires 4.16-acre Nariman Point land from MMRCL for 3,472 crore

Business Standard

According to the documents, RBI has purchased the land for self-use and commercial purposes. The central bank's current headquarters is located in the Fort area of South Mumbai

RBI Acquires Metro Rail's Nariman Point Plot For Rs 3,472 Crore

NDTV Profit | 11 Sep 2025, 11:50AM

Indian Economy

TREND | 11 Sep 2025, 11:44AM

YES Bank shares gain 1.11% after RBI approves board amendment for SMBC-SBI deal

Business Line

Trading activity shows robust volumes with 625.90 lakh shares worth 131.25 crore changing hands by mid-morning

Indian Economy

TREND | 11 Sep 2025, 11:12AM

Yes Bank Share Price Rises Over 1% After RBI Nod For Proposed Board Changes

NDTV Profit

Yes Bank stock rose as much as 1.78% during the day to Rs 21.14 apiece on the NSE.

RBI acquires prime Nariman Point land for 3,472 cr for new office complex

Business Standard | 11 Sep 2025, 10:26AM 9 more

Indian Economy

TREND | 09 Sep 2025, 06:45PM

RBI's private capex revival guidance: Hope or overstatement?

Business Line

When placed against other official data and independent surveys, the optimism of the RBI seems fragile. The prolonged weakness in private capex comes from both external shocks and domestic policy gaps

RBI cut US debt, boosted gold reserves even before Trump's tariffs

Business Standard | 09 Sep 2025 5 more

Indian Economy

TREND | 05 Sep 2025

India's forex reserves jump by $3.51 billion to $694.23 billion

Business Standard

India's forex reserves jumped by USD 3.51 billion to USD 694.23 billion for the week ended August 29, the RBI said on Friday. The overall reserves had dropped by USD 4.386 billion to USD 690.72 billion in the previous reporting week. For the week ended August 29, foreign currency assets, a major component of the reserves, increased by USD 1.686 billion to USD 583.937 billion, the latest data showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. The gold reserves increased by USD 1.766 billion to USD 86.769 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 40 million to USD 18.775 billion, the apex bank said. India's reserve position with the IMF was also up by USD 18 million at USD 4.749 billion in the reporting week, the RBI data showed.

Indian Economy

TREND | 05 Sep 2025

Rupee hits fresh low due to additional tariff jitters, RBI intervenes

Business Standard

High bond yields are impacting government borrowing, says finance minister Nirmala Sitharaman, even as RBI intervenes to stem rupee depreciation

Indian Economy

TREND | 05 Sep 2025

Karur Vysya Bank cuts lending rate by 10 bps across all tenors

Business Standard

Private sector Karur Vysya Bank on Friday reduced the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 percentage points) across all tenors, making loans linked to the benchmark cheaper. The benchmark one-year tenor MCLR, which is used to price most consumer loans like auto and personal, will be at 9.45 per cent against the existing rate of 9.55 per cent, Karur Vsysa Bank said in a regulatory filing. Among others, the rate of one-month, three-month, and six-month tenors will be in the range of 9.30-9.45 per cent. The MCLR on overnight tenor will be 9.15 per cent against 9.25 per cent. The new MCLR of the bank will come into effect from September 7, it said. It is to be noted that the Reserve Bank of India (RBI) last month kept its benchmark lending rate unchanged at 5.5 per cent.

Indian Economy

TREND | 05 Sep 2025

RBI-led FSDC-SC to closely monitor global trade, geopolitical frictions

Business Line

Chaired by RBI Governor Sanjay Malhotra at the central bank's Mumbai headquarters, the panel underscored the need to strengthen financial sector resilience through inter-regulatory coordination

Why changing inflation target is fraught with risks for RBI's future policy

Business Standard | 04 Sep 2025 4 more

Indian Economy

TREND | 02 Sep 2025

Fiscal deficit widens sharply in early FY26: Union Bank of India

Business Line

India's fiscal deficit widened notably in April-July FY26 as compared to the same period previous year, Union Bank of India report says. During April-July FY26, India's fiscal deficit was 4.68 lakh crore (30% of Budget Estimates), nearly double from Rs. 2.77 lakh crore (17.6% of Revised Estimates) seen in April-July FY25

Indian Economy

TREND | 02 Sep 2025

Japanese Lender SMBC's Stake Acquisition In Yes Bank Gets CCI Nod

NDTV Profit

This comes after SMBC received the RBI's approval to acquire up to 24.99% stake in Yes Bank.