RBI august 2025 news

• RBI Rejects Reintroduction of Fixed-Rate Liquidity Operations
• RBI Sets Up 30-Member Regulatory Review Cell
• RBI Approves Saraswat Bank’s Merger with New India Co-operative Bank
• RBI Approves New UPI Rules Effective from 1st August 2025
• RBI Releases July 2025 Urban Consumer Confidence Survey
• RBI Allows FPIs to Use Vostro Accounts for Investment Settlement
• UPI Not Free, Government Subsidising Costs: RBI Governor
• RBI Sells $5 Billion to Support Rupee
• RBI Allows Non-Residents with SRVAs to Invest in G-secs and T-bills
• RBI Panel Recommends 26 Measures for AI Adoption in Financial Sector
• RBI Announces Exit of Viable Product from Fifth Regulatory Sandbox Cohort
• RBI MPC Holds Repo Rate at 5.50%, Maintains Neutral Stance
• RBI Issues Draft Guidelines on Revised Add-on Factors for CCR
• RBI Announces Results of Inter-Bank Hindi Essay Competition
• RBI Governor Highlights Reforms at FIBAC 2025
• RBI Bulletin – August 2025
• Govt Appoints Ex-RBI Governor Urjit Patel as IMF Executive Director
• Export Credit Growth Slows Amid Tariff Impact

1️⃣ RBI Rejects Fixed-Rate Liquidity Operations

• RBI prefers variable rate repo auctions to maintain market discipline.
• Banks requested fixed infusion linked to deposits; RBI declined.

2️⃣ Regulatory Review Cell Formed

• 30-member cell to reduce 8,000 regulations to 3,000.
• Aim: eliminate outdated rules and reduce compliance burden.

3️⃣ Saraswat Bank–NICB Merger

• Effective 4 August 2025.
• NICB under moratorium due to ₹122 crore fraud.
• Saraswat Bank absorbs all assets/liabilities.

4️⃣ New UPI Rules

• Balance check capped at 50/day.
• Pending transaction status: max 3 checks with 90 sec gap.
• Autopay only before 10 AM or after 9:30 PM.

5️⃣ Urban Consumer Confidence Survey

• CSI: 96.5 (still pessimistic), FEI: 124.7 (optimistic).
• Inflation expectations easing; income optimism rising.

6️⃣ FPIs Allowed Vostro Accounts

• FPIs can settle trades via INR Vostro accounts.
• Boosts rupee internationalization.

7️⃣ UPI Not Free

• Govt subsidizes UPI costs: ₹437 crore allocated in FY26.
• Industry demands ₹10,000 crore/year for sustainability.

8️⃣ RBI Sells $5 Billion

• To support rupee amid depreciation and US tariffs.
• Rupee hit ₹87.89/USD; forex reserves fell by $9.3 billion.

9️⃣ SRVA Surplus Investment Allowed

• Non-residents can invest surplus in G-secs and T-bills.
• Enhances rupee-based trade settlement.

🔟 AI Adoption in Finance

• 26 recommendations: AI sandbox, indigenous models, board-approved policies.
• Focus on risk mitigation and innovation.

11️⃣ Regulatory Sandbox Exit

• IBDIC’s blockchain-based MSME financing platform approved.
• Tokens used for invoice-based financing.

12️⃣ Repo Rate Held at 5.50%

• CPI inflation at 2.1% (lowest in 77 months).
• GDP growth projected at 6.5% for FY26.

13️⃣ Draft Guidelines on CCR

• Revised add-on factors for PFE under Basel III.
• Applies to clearing members in derivatives.

14️⃣ Hindi Essay Competition Results

• RBI announced winners from banks and RRBs.
• Promotes Hindi in financial discourse.

15️⃣ RBI Governor at FIBAC

• Emphasized reforms, financial inclusion, tech adoption.
• RBI to implement Basel III by April 2027.

16️⃣ RBI Bulletin – August 2025

• Topics: economy, corporate investment, mutual funds, EV adoption, horticulture.
• S&P rating upgrade boosts investor confidence.

17️⃣ Urjit Patel Appointed IMF ED

• Replaces K.V. Subramanian.
• Represents India, Bangladesh, Bhutan, Sri Lanka.

18️⃣ Export Credit Growth Slows

• US tariffs impact credit to exporters.
• Credit growth dropped to 4.7% in July.