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Tag: rbi news july 2025

  • RBI july 2025 news

    • Retaining 4% Inflation Target with Current CPI Framework
    • RBI Appoints Shri Kewal Ramachandran as Executive Director
    • RBI Issues Directions on Pre-payment Charges on Loans, 2025
    • Guidelines for Lending to MSME Sector
    • RBI Bans Foreclosure Charges on Small Business Loans
    • SEBI Announces NSEL Settlement Scheme for Brokers
    • RBI Penalizes HDFC Bank and Shriram Finance Over Regulatory Lapses
    • RBI Drains ₹2L-Cr Liquidity
    • India’s Forex Reserves Continue Upward Trend: RBI
    • RBI Draft Norms Clarify Digital Banking Participation is Voluntary
    • Draft ‘Digital Banks’ Banking Authorization Directions, 2025
    • RBI Launches Financial Inclusion Index to Measure Inclusivity Across Sectors
    • RBI Bulletin – July 2025
    • Anuradha Thakur Appointed as RBI Co-operative Director
    • RBI Proposes Easier Norms for Urban Co-operative Banks (UCBs)
    • RBI Caps Investments by Banks, NBFCs at 10%
    • RBI Caps AIF Investments by Banks, NBFCs at 10%

    1️⃣ Inflation Target Retained

    • RBI panel recommends continuing 4% CPI-based inflation target with ±2% band.
    • Framework effective since 2016; review due in 2025.
    • CPI basket may be revised, but no decision yet.

    2️⃣ Kesavan Ramachandran Appointed ED

    • Former Principal CGM in Risk Monitoring.
    • Will oversee Prudential Regulation Division.

    3️⃣ Pre-payment Charges Directions

    • No charges on floating rate loans for individuals & MSEs.
    • Effective Jan 1, 2026.
    • Applies to banks, NBFCs, co-op banks.
    • Full disclosure required in loan documents.

    4️⃣ MSME Lending Guidelines

    • Collateral-free loans up to ₹10 lakh (₹25 lakh with track record).
    • Composite loan up to ₹1 crore.
    • GCC facility allowed.
    • Credit decisions within 14 working days.

    5️⃣ Foreclosure Charges Banned

    • No foreclosure fees on floating rate loans for MSEs.
    • Applies to loans up to ₹50 lakh.
    • Encourages borrower mobility and transparency.

    6️⃣ SEBI’s NSEL Settlement Scheme

    • Open Aug 25, 2025 – Feb 25, 2026.
    • For brokers with SEBI orders in NSEL case.
    • Excludes those under investigation by ED, SFIO, etc.

    7️⃣ Penalties on HDFC & Shriram Finance

    • HDFC fined ₹4.88 lakh (FDI violation).
    • Shriram Finance fined ₹2.70 lakh (digital lending breach).

    8️⃣ Liquidity Management

    • RBI drained ₹2.08 lakh crore via VRRR auctions.
    • Surplus liquidity remains; repo rate at 5.31%.

    9️⃣ Forex Reserves Surge

    • India’s reserves hit $609.79 billion.
    • Supports rupee and external stability.

    🔟 Digital Banking Norms

    • Participation must be voluntary.
    • Explicit customer consent required.
    • No forced bundling with other services.

    11️⃣ Digital Banking Authorisation Directions

    • Applies to all banks.
    • View-only vs transactional facilities defined.
    • CBS, IPv6, CRAR, and ₹50 crore net worth required.

    12️⃣ Financial Inclusion Index

    • Score range: 0–100.
    • Parameters: Access (35%), Usage (45%), Quality (20%).
    • March 2021 score: 53.9 (up from 43.4 in 2017).

    13️⃣ RBI Bulletin – July 2025

    • CPI inflation below 4% for 5 months.
    • Liquidity surplus aiding credit transmission.
    • Articles on oil-inflation nexus, household expectations, money market trends.

    14️⃣ Anuradha Thakur Joins RBI Board

    • Replaces Ajay Seth.
    • Appointed by Central Government.

    15️⃣ Urban Co-op Bank Norms

    • ECBA to replace FSWM.
    • Tier-based categorization by deposit size.
    • Minimum CRAR + 3% buffer required.

    16️⃣ Digital Payments Index

    • March 2025 score: 493.22 (up from 465.33).
    • Reflects growth in infrastructure and transaction volume.

    17️⃣ AIF Investment Cap

    • Max 10% per AIF by any bank/NBFC.
    • Total exposure capped at 20%.
    • Loans to same company trigger provisioning