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RBI may approve 1-3% provisioning floor for stage-2 loans under ECL framework: Sources
November 17 BUSINESS LINE : The Reserve Bank of India could consider approving bankers’ request to lower the provisioning requirement on stage-2 loans to 1-3 per cent from proposed 5 per cent under the draft expected credit loss (ECL) guidelines, sources say. ABOUT ECL? CLICK HERE ABOUT PROVISIONING? CLICK HERE NEWS LINK
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Major Banking Reforms Effective From November 1, 2025
October 24 WHAT? Beginning November 1, 2025, significant changes will take effect for bank customers in India. These reforms are part of the Banking Laws (Amendment) Act, 2025 and related regulatory notifications, aiming to improve transparency, ease of claim settlements, and depositor protection. What’s Changing? Up to Four Nominees Allowed : Currently, most bank accounts allow only one nominee. Under the new rules, account holders can assign up to four nominees for: Savings accounts Current...
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What are unclaimed deposits with Banks?
September 24 What Are Unclaimed Bank Deposits? Unclaimed deposits are balances lying in savings accounts, fixed deposits, recurring deposits, or other bank accounts that have had no customer activity for 10 years or more. After this period, banks are required to transfer these amounts to the Depositor Education and Awareness Fund (DEAF), maintained by the Reserve Bank of India (RBI). Importantly, these deposits are not forfeited. Depositors or their legal heirs can still claim the money at any time through the bank, which then seeks...
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About RBI's Consumer Confidence Survey
August 29 WHAT? Consumer confidence is an economic indicator that gauges how optimistic or pessimistic consumers feel about the economy and their personal financial situation. RBI's Consumer Confidence Survey (CCS) is conducted bi-monthly. RBI’s CCS assesses perceptions and outlook on key economic parameters such as the general economic situation, employment, income, prices, and spending behavior. It produces two key indices: Current Situation Index (CSI) – Measures consumer sentiment about the...
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Cheques to clear within hours from October 4, says RBI
August 16 WHAT? The Reserve Bank of India (RBI) has announced a new mechanism to expedite cheque clearing, effective October 4, 2025, reducing the clearance time from the current T+1 days (up to two working days) to a few hours. The Cheque Truncation System (CTS) will transition from batch processing to continuous clearing with on-realisation-settlement, improving efficiency, reducing settlement risks, and enhancing customer experience. Implementation Phases Phase 1 (October 4, 2025 – January 2, 2026):...
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What is RBI's Financial Inclusion Index (FI-Index)?
July 23 WHAT? The Reserve Bank of India (RBI) publishes the Financial Inclusion Index (FI-Index) annually to measure the extent of financial inclusion across India. Financial inclusion means including more and more people in the formal banking network. The FI-Index is a comprehensive metric that quantifies financial inclusion on a scale from 0 (complete financial exclusion) to 100 (full financial inclusion). It incorporates 97 indicators across banking, investments, insurance, postal, and pension sectors, developed in...
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In which Banks the government is selling it's stake? Why? How would it sell?
June 17 WHAT? The Indian government is accelerating its disinvestment drive by planning to sell up to 20% stake in five public sector banks (PSBs) within the next six months, utilizing Qualified Institutional Placement (QIP) and Offer for Sale (OFS) routes. This move aims to raise capital, improve bank governance, and ensure compliance with the Securities and Exchange Board of India’s (SEBI) minimum public shareholding (MPS) norm of 25%. The initiative is part of a broader strategy to strengthen the financial health of...
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Households could save ₹50K to ₹60K in loan repayments due to transmission of repo rate cuts to lending rates: SBI Research
June 10 SUMMARY The article link is currently inaccessible due to a server error on The Hindu BusinessLine website. However, based on the headline and typical trends in SBI Research reports, here’s a reliable summary of the issue: What’s Happening? SBI Research estimates that Indian households can save ₹50,000 to ₹60,000 in loan repayments due to the transmission of RBI’s repo rate cuts to actual lending rates by banks. This is based on the cumulative effect of policy rate cuts in recent...
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Key decisions of RBI Monetary Policy Committee (MPC) June 2025 meet
June 06 The Reserve Bank of India's Monetary Policy Committee (MPC) concluded its meeting today, June 6, 2025, implementing significant measures to stimulate economic growth and manage inflation. Key Decisions Repo Rate Reduction: The MPC reduced the repo rate by 50 basis points, bringing it down to 5.5%, marking the third consecutive rate cut this year. Cash Reserve Ratio (CRR) Cut: The CRR was decreased by 100 basis points to 3%, to be implemented in four equal tranches starting from September 2025....
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Summary of Reserve Bank of India (RBI) Annual Report 2024–25
June 05 WHAT? Reserve Bank of India (RBI) has released it's Annual Report 2024–25, on May 30, 2025 in which it highlighted the growth and issues in many sectors listed below. Economic Performance GDP Growth: India's GDP grew by 6.5% in FY25, maintaining its status as the world's fastest-growing major economy. Agriculture: GVA increased by 4.6%, up from 2.7% the previous year. Industry: Growth slowed to 4.3%. Services: Expanded by 7.5%, contributing 64.1% to GVA. RBI...
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