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Policy● Neutral for Indian equities
Panel proposes raising RBI's ways and means advances corpus by 11.2% to Rs 67,839 crore
The brief
- Panel proposes raising the RBI’s WMA corpus by 11.2% to ₹67,839 crore
- Annual review recommended, with upward revisions capped at 4%
- The proposed funding buffer may affect liquidity conditions for Indian banks
- New rules from October 1 cover SBI ATM charges, UPI fees and LPG subsidy verification
- FD interest rate rules to change from October 1: Key changes explained
- Supreme Court refuses to stay UPI charges above ₹2,000; seeks Centre’s explanation
- RBI bulk deposit rules take effect October 1, requiring uniform rates for similar deposits
- Will AI make banking riskier? Why RBI wants banks to keep human judgment in the loop