15 result(s) for “Reserve Bank of India”
Provisional government data show gross GST receipts jumped 22.9 percent in October to ₹2.31 lakh crore, driven by a 42 percent rise in import-related taxes and stronger domestic sales ahead of Diwali. The windfall helps fiscal math now, but officials and analysts caution the boost may not be durable.
Indian equity benchmarks slipped on October 29, 2026, as investors booked profits after a recent rally and assessed monetary policy risks and global market volatility. Financial stocks led declines while domestic data and corporate earnings kept trading cautious.
Prime Minister Narendra Modi on October 25 inaugurated the Reserve Bank of India’s greenfield data campus and a cybersecurity training institute near Bhubaneswar, a move regulators say will strengthen payment-system resilience and create opportunities for local technology and services firms.
Minutes from the Reserve Bank of India monetary policy meeting published October 22 show policymakers moved to a calibrated tightening stance and flagged scope for additional rate rises to tame inflation, a shift that could tighten borrowing costs for households and companies ahead of year end.
Minutes released October 21 from the Reserve Bank of India’s October MPC meeting detail growing concern over oil driven price pressures, a shift to a calibrated tightening stance and market repositioning that sent bond yields higher and tightened financial conditions.
Jio Platforms, the digital and telecom arm of Reliance Industries, opened a roughly Rs 30,000 crore initial public offering on October 21, 2026. The three day subscription window marks the country’s biggest share sale and will test investor appetite for a high valuation and a capital markets milestone.
Canada’s Fairfax Financial will acquire 60.72 percent of IDBI Bank for about Rs 52,878 crore, a transaction the government and markets describe as the largest foreign direct investment in India’s banking sector. The deal shifts a state-backed lender into private hands and raises questions about regulatory approvals, ownership rules and the future of related bank holdings.
The Reserve Bank of India has raised the minimum daily Cash Reserve Ratio maintenance to 99 percent effective from the fortnight beginning October 16, 2026, a move that reduces banks’ intrafortnight flexibility and signals a more active liquidity stance following the October rate hike.
The Union Cabinet on October 14 approved the sale of a 60.72 percent combined stake in IDBI Bank to an entity backed by Canada’s Fairfax Financial Holdings for Rs 52,878 crore. The transaction, cleared on October 15 for publication, is a landmark foreign direct investment into India’s banking sector and raises questions about valuation, market response, and the future of state ownership in banking.
Benchmark indices opened higher on October 12, 2026, after a drop in crude oil and positive Asian cues eased near-term risk sentiment, but continued foreign selling and corporate earnings kept investors cautious.
The Reserve Bank of India raised the repo rate by 25 basis points and signalled a calibrated tightening stance, prompting a spike in bond yields, fresh foreign investor selling and early bank rate adjustments on October 8, 2026.
The Reserve Bank of India on October 7 raised its policy repo rate by 25 basis points to 5.50 percent, ending a nearly four year pause and shifting policy stance to calibrated tightening. The move responds to a stronger growth backdrop and renewed inflationary pressures, and will affect borrowing costs, the rupee and market expectations for further hikes.
With the Reserve Bank of India convening its Monetary Policy Committee from October 5 to 7, Indian equities and bond markets opened the week under pressure. Investors are pricing in a likely 25 basis point repo rate increase, while foreign outflows and higher global oil prices are deepening the selloff.
NITI Aayog member Arvind Virmani reaffirmed a 7 percent GDP forecast for the year on October 4, 2026, but emphasised a plus or minus 1 percent uncertainty range as global trade tensions, oil prices and monetary pressures cloud the outlook.
Tata Sons on Saturday formally rejected objections from Tata Trusts over the board decision to reappoint N. Chandrasekaran, setting up a high stakes governance fight that risks unsettling group stocks and intensifying pressure from regulators who want the holding company listed.