RBI News
RBI dividend: Fiscal boost for government from record ₹2.69-trillion payout for FY25
The Reserve Bank of India will transfer a record ₹2.69 trillion to the government for FY 2024-25, 27% higher than for FY24 on foreign exchange earnings. But it disappointed market analysts who were expecting a larger payout due to revised risk buffers.
2 min read23 May 2025Remittance tax: An idea that America should axe
The Trump administration’s proposed 5% levy on outward remittances by non-Americans isn’t just unfair, it would be a lose-lose for India and the US. Washington must think about how liberal flows of money serve the US economy.
3 min read21 May 2025Bank, NBFC investments in AIFs may get smoother
There will be no restriction on regulated entities (REs) such as banks for investing up to 5% in the AIF scheme's corpus, RBI said.
3 min read20 May 2025Emirates NBD Bank gets conditional nod from RBI to open local arm
The RBI said that Emirates NBD Bank PJSC currently operates under the branch mode through its branches located in Chennai, Gurugram and Mumbai. In India, it reported a loan book of ₹4,641.6 crore as on 31 March 2024, per its latest available annual report, up from ₹3,417.2 crore in FY23.
2 min read19 May 2025India's forex reserves rise $4.6 billion, hit 7-month high at $690.6 billion: RBI
India's foreign exchange (forex) reserves hit a 7-month high after increasing $4.6 billion to $690.6 billion as of the week ended 9 May, 2025, according to the data collected from the Reserve Bank of India (RBI).
2 min read18 May 2025RBI to release ₹20 banknotes with new RBI Governor Sanjay Malhotra's signature — All you need to know
Reserve Bank of India will release ₹20 banknotes with new RBI Governor Sanjay Malhotra's signature. Check how to identify an authentic legal banknote.
2 min read17 May 2025More windfall ahead for government as RBI reviews changes to capital framework?
The current policy requires the RBI to hold 5.5%-6.5% of its balance sheet as capital reserves. A reduction in the ratio would allow the central bank to transfer more of its surplus to the government, helping it ease its fiscal pressures.
1 min read16 May 2025India’s FPI reforms open doors, but will foreign capital follow?
The RBI has removed certain investment limits for foreign investors in corporate bonds, while Sebi has proposed easing access to government securities. But with foreign inflows still lagging, will these measures deliver the intended boost?
4 min read15 May 2025IKF Finance raises ₹1,465 crore from Norwest and Motilal Oswal Alternates
Mint first reported in September that promoters and investors were looking to sell a controlling stake in the NBFC.
1 min read15 May 2025Mint Quick Edit | An inflation dip enlarges RBI’s policy space
April’s mild rise of 3.16% in India’s retail price level is part of a moderation trend that’s likely to continue. We can expect even cheaper credit in support of economic growth.
1 min read14 May 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared