JMK Edutech

Tag: rbi news august 2025

  • 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    • Aim: eliminate outdated rules and reduce compliance burden.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.