RBI

India's central bank: rates, rules and the rupee.

16 stories
latest 11 November 2026

Wednesday, 11 November 2026
Sasmit Patra: UPI needs a backup switch before AI agents pile on
Why it matters: UPI is how most Indians now pay, so an outage is a national stoppage, not a glitch. Agentic payments add machines that retry relentlessly, the very pattern that broke the switch.
Tuesday, 3 November 2026
India's three trade-offs: fuel prices, rates and foreign money
Why it matters: Every lever helps one group and hurts another; the real danger is pulling several at once, such as cutting taxes for foreign investors just as subsidies and borrowing climb.
Friday, 30 October 2026
Fintech body UFF drafts a code for tech vendors after cyberattacks
Why it matters: Lenders have outsourced the plumbing of digital credit to firms the regulator does not watch. A voluntary badge is the cheapest way to start pricing that hidden risk.
Tuesday, 27 October 2026
Banks pull back from dollar swap trade, sensing RBI disapproval
Why it matters: The RBI absorbed the hedging cost to bring in diaspora dollars. If banks send those dollars back out for a spread, the subsidy funds an arbitrage rather than Indian credit.
Sunday, 18 October 2026
Foreign banks bet ₹1.32 lakh crore (about $13.7bn) on Indian lenders
Why it matters: Foreign owners are buying ready-made franchises (licences, branches, deposits) rather than building them. That brings capital and discipline, and tougher competition for Indian incumbents.
Friday, 16 October 2026
Supreme Court: Yes Bank’s ₹8,415 crore AT-1 write-down stays quashed
Why it matters: Rules beat rescue convenience. Foreign money now buying into Indian lenders, such as Fairfax at IDBI and CSB, gets a clear signal: bond terms and the RBI’s own rulebook will be enforced, even against the regulator.
Friday, 16 October 2026
Fairfax plans a ‘global Indian bank’ from IDBI, keeps its CEO
Why it matters: Bank, insurer and wealth arm under one owner is the model India’s big private banks already run. If a foreign owner can run IDBI as an Indian bank, it becomes the template for future sales of state-linked lenders.
Thursday, 15 October 2026
RBI rules turn rupee hedging from a trade into a commitment
Why it matters: Finance heads must now decide once, and live with it. Policies built on cancelling and rebooking hedges need rewriting.
Wednesday, 14 October 2026
How the RBI’s six forex measures aim to steady the rupee
Why it matters: Importers feel this first: hedging gets dearer and speculation harder, while the RBI spends its dollars to buy time for the rupee.
Tuesday, 13 October 2026
Craig Tindale: RBI rules starve India’s factories of affordable credit
Why it matters: If he is right, the real bottleneck for Make in India is the price of credit, which no factory subsidy fully offsets.
Saturday, 10 October 2026
RBI moves to support the rupee at 96.78, curbs forex derivatives
Why it matters: A weaker rupee makes fuel and imports dearer for India; the RBI is trying to stop speculation adding to the slide.
Thursday, 8 October 2026
RBI chief: a failed India–US trade deal would do ‘some’ damage
Why it matters: Spreading trade bets beyond the US is India’s hedge.
Tuesday, 6 October 2026
Manu Joseph: the mystery behind Tata’s boardroom ‘coup’
Why it matters: Who steers India’s largest business group is now openly contested.
Saturday, 3 October 2026
RBI governor warns against complacency amid external headwinds
Why it matters: Calm periods are when banks take the risks that hurt later.
Friday, 2 October 2026
Bagchi’s appointment as HDFC Bank’s MD reflects RBI’s preference for external candidates
Why it matters: India’s largest private bank gets a reset after governance concerns.
Saturday, 26 September 2026
RBI vets Bagchi for HDFC Bank’s top job
Why it matters: Can an insurance chief return to run a mega-bank?

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