Market pulse › RBI
Today18 stories · 22 articles
Net tone▼ −36% today
Market check
Developing6 storylines
RBI in three lines
- India's forex reserves fell $14.89 billion to $766 billion in the week ended September 18
- Nomura expects RBI to hike repo rates 50 bps, taking the terminal rate to 5.75% by December
- RBI’s October 2026 holiday calendar lists 11 days when banks will be closed
2124 Sept
2925 Sept
1426 Sept
727 Sept
1228 Sept
Policy● mixedMorning Bid: A new neutral rate, much like a decades-old oneRepo rateCredit growthUS Treasuries
Market move▼ bearishIndian central bank likely shielding rupee as US-Iran impasses lifts oil prices, traders sayThe rupee declined 0.1% to 95.89 per dollarRupeeIranCrude oil
Policy● mixedET EXPLAINER: How RBI’s new valuation rules change the way banks view REITs, InvITsRBI amended the valuation framework for REITs and InvITsRBI rulesBanksOffice and REITs
Data▼ bearishIndia's forex reserves fall $14.89 billion to $766 billionForex reserves fell $14.89 billion to $766 billion in the week ended September 18Forex reservesRupeeGlobal markets
Broker call▼ bearishNomura expects RBI to raise rates by up to 50 bps by DecemberNomura sees a possible 50 bps increase by December, taking the terminal rate to 5.75%Repo rateNomuraCredit growth
Market move▼ bearishRupee faces pressure as Iran talks stall; RBI intervention seen as a bufferThe rupee settled at 95.8125 to the dollar on FridayRupeeIranUS dollar
Policy● mixedBank holidays in October 2026: Check state-wise RBI holiday list of 11 daysRBI’s October 2026 holiday calendar lists 11 days when banks will be closedBanks
Broker call▼ bearishMarkets pricing an excessive 125bps rate hike over the next one year: NomuraNomura says markets are pricing an excessive 125 bps of rate hikes over the next yearRepo rateCPI inflationConsumer demand
Market move▼ bearishRupee's likely to slip despite RBI push for stabilityThe rupee could fall to 96-97 per dollar by FY27-endRupeeUS dollarCrude oil
Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSU banksPSUsBanks
Policy● mixedTata Sons gets RBI queries on listing compliance road mapTata SonsTata GroupListing rules
Policy● mixedHolding companies, NBFCs rejig assets, income to escape RBI scrutinyGroups are reshaping NBFC and holding-company balance sheets to avoid RBI registration and complianceNBFCsRBI rules
Data● mixedHigh credit-deposit ratio does not signal funding vulnerability: RBI reportRBI report says a high credit-deposit ratio alone does not signal funding vulnerabilityBanking liquidityCredit growthBanks
Data● mixedRBI net dollar purchases hit record $18.65 bn in July: Monthly bulletinRBI net dollar purchases reached a record $18.65 bn in July, driven by a concessional swap facilityUS dollarBanks
Data▲ bullishNRI deposit inflows surge nearly sevenfold to $36.2 billion in April-July FY27FCNR(B) deposit flows reached $34.53 billion in April-July FY27BanksForex reserves
Data▲ bullishPrivate sector capex projected to rise to ₹3.2 trn in FY27: RBI bulletinPrivate-sector capex is projected to rise to ₹3.2 trillion in FY27InfrastructureGovernment capexEconomic growth
Policy● mixedBanks open on Sunday ahead of nationwide strike: Will you get your salary today?Banks were asked to disburse salaries in advance to avoid disruptions during a nationwide strikeBanksUnited Forum of Bank UnionsIndian Banks’ Association
Policy▼ bearishETMarkets Smart Talk: RBI may hike 50-75 bps; Archit Shah on what’s next for bondsArchit Shah expects a 50-75 bps repo-rate hike, taking rates to 5.75-6%Repo rateInflationCrude oil