Monday, 28 September 2026Updated 19m ago
Market pulse › RBI

RBI

Organisation tag · tracked since 24 Sept · also reserve bank, reserve bank of india

Today19 stories · 23 articles85 stories since 24 Sept
Net tone▼ −30% today−22% over the week
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Developing6 storylinesBiggest: RBI rate-hike expectations · 7 updates

RBI in three lines

Written 2h ago from its latest stories
  • 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

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Bar colour is the day’s tone · tracking began on 24 Sept

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stories together this week · colour is their tone

Stories

85 in all · newest first
Data● mixedResult of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 28, 2026RBI accepted ₹1,11,711 crore in its 1-day VRRR auction, against ₹2,00,000 crore notifiedBanking liquidityRepo rate1 source
20m
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 markets1 source
2h
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 growth3 sources
1h
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 dollar2 sources
2h
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 closedBanks1 source
3h
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 demand1 source
4h
Market move▼ bearishRupee's likely to slip despite RBI push for stabilityThe rupee could fall to 96-97 per dollar by FY27-endRupeeUS dollarCrude oil1 source
6h
Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSU banksPSUsBanks1 source
6h
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 rules1 source
11h
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 growthBanks1 source
14h
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 dollarBanks1 source
17h
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 reserves2 sources
16h
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 growth1 source
21h
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’ Association1 source
1d
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 oil1 source
1d
Market move▼ bearishRupee gains from FCNR (B) boost reverse in September amid higher crude oil prices: RBI bulletinThe rupee depreciated as crude oil prices rose, reversing gains from FCNR(B) depositsRupeeCrude oilForex reserves1 source
2d
Market move▼ bearishRupee seen trading between ₹94.5 and ₹96 as dollar inflows offer limited supportThe rupee is expected to fluctuate between ₹94.5 and ₹96 against the US dollarRupeeUS dollarGlobal markets3 sources
2d
Market move▼ bearishETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet PalPuneet Pal expects the rate-cut cycle to end, with policy rates rising 50-75 basis points by FY27Repo rateCrude oilInflation1 source
2d
Market move● mixedRBI Deputy Governor Poonam Gupta says Indian bonds have outperformed while equities lagIndia’s bond market has outperformed many other nations in recent years, Gupta saysG-secsBond yieldsNifty and Sensex2 sources
2d
Market move▲ bullishRupee recovers as large public sector banks sell US dollarsRupee gained 15 paise to close at 95.81 per US dollar on FridayRupeePSU banksUS dollar1 source
2d
Leadership● mixedRBI appoints Suman Ray as Executive DirectorRBI appointed Suman Ray as Executive DirectorBanksDinesh Pant1 source
2d
Policy● mixedRBI bulk deposit rule changes take effect from October 1, 2026New bulk deposit rules take effect from October 1, 2026RBI rulesBanks2 sources
1d
Data● mixedRBI Bulletin: Credit-Deposit Ratio Exceeding 80% Does Not Indicate Funding VulnerabilityBank credit growth has outpaced aggregate deposits, pushing the credit-deposit ratio above 80% since FY23Credit growthBanks1 source
2d
Data● mixedRBI says resilient domestic economy cushions India against rising global risksThe RBI cited record forex reserves and a five-year high in net FDIEconomic growthForex reservesFDI4 sources
2d
Data▲ bullishIndia’s private capex estimated at ₹3.2 lakh crore in 2026-27: RBIRBI estimates private capex at ₹3.2 lakh crore in 2026-27Economic growthInfrastructureBanks1 source
3d
Data● mixedRupee gains on FCNR(B) deposits reverse amid crude price spike: RBI reportBanks mobilised $133 billion in FCNR(B) deposits after the RBI opened a concessional swap window in JuneRupeeBanksBanking liquidity1 source
3d
Data● mixedRBI Bulletin – September 2026RBI released its September 2026 monthly Bulletin, containing seven speeches, three articles and current statisticsBanksEconomic growthRepo rate1 source
3d
Policy● mixedRBI cuts exporters’ earnings repatriation deadline to nine monthsRBI reversed its earlier allowance for exporters to repatriate earnings within 15 monthsRBI rulesBanksTrade and tariffs2 sources
2d
Policy● mixedRBI fixes H2 Ways and Means Advances limit for government at Rs 50,000 crRBI set the government's H2 2026-27 Ways and Means Advances limit at ₹50,000 croreRBI rulesBanks1 source
3d
Data▼ bearishIndia’s forex reserves fall $14.88 billion to $765.90 billionReserves fell $14.881 billion to $765.901 billion in the week ended September 18Forex reservesRupeeGold7 sources
2d
Data● mixedMoney Supply for the fortnight ended on September 15, 2026RBI released money-supply data for the fortnight ended September 15, 2026Banking liquidityBanks1 source
3d
Data● mixedReserve Bank of India – Bulletin Weekly Statistical Supplement – ExtractRBI weekly statistical supplement reports liabilities and assets in ₹ croreBanks1 source
3d
Market move● mixedRupee gains 15 paise to 96.81 against dollar, likely helped by RBI interventionThe headline says the rupee gained 15 paise to 95.81 against the dollarRupeeUS dollarGlobal markets1 source
3d
Market move● mixedExplained: What really drives the rupee? Decoding the forces behind currency movesRupee’s four-year decline reflects fundamentals, RBI intervention and market sentimentRupeeBank of BarodaGlobal markets1 source
3d
Market move● mixedRupee firms after RBI intervention as one-year forward yield reaches 3.50%Rupee ended at 95.81/$ after RBI intervention, easing oil prices and a softer dollarRupeeCrude oilUS dollar3 sources
3d
Broker call▼ bearishNomura’s Subbaraman sees higher interest rates as the new normal, expects 2 more RBI hikes this yearNomura’s Robert Subbaraman expects RBI rate hikes in October and DecemberRepo rateInflationCPI inflation1 source
3d
Legal● mixedTata Sons battle: Abhishek Manu Singhvi vs Harish Salve. Who said whatAbhishek Manu Singhvi and Harish Salve held divergent views on Tata Sons’ regulatory path to becoming publicTata SonsTata GroupTCS1 source
3d
Data● mixedResult of the 3-day Variable Rate Reverse Repo (VRRR) auction held on September 25, 2026RBI accepted ₹90,280 crore in its 3-day VRRR auction against ₹1,50,000 crore notifiedBanking liquidityRepo rateBond auctions1 source
3d
Policy● mixedResult of Underwriting Auction conducted on September 25, 2026RBI conducted an additional competitive underwriting auction for a government security on September 25, 2026Bond auctions1 source
3d
Market move● mixedRupee near 96 per dollar: What is driving the currency move todayRupee opened at 95.90 per US dollar, gaining 6 paiseRupeeUS dollarGlobal markets1 source
3d
Market move● mixedRBI likely intervenes to support rupee as it trades near 95.88 per dollarRupee rose to 95.88 per dollar, paring its decline from 95.97 in early dealsRupeeUS dollarBanks2 sources
3d