The Reserve Bank of India (RBI) has formalized a Memorandum of Understanding (MoU) with the European Securities and Markets Authority (ESMA) to facilitate the recognition of the Clearing Corporation of India Ltd. (CCIL) and other RBI-regulated Central Counterparties (CCPs). The agreement was signed during the visit of the President of…
Tag: RBI
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India Bond Yields Spike Ahead of ₹30 Trillion Debt Wave
Indian government bond yields have surged across maturities as investors grow increasingly wary of a massive debt issuance expected in the next financial year. Market participants estimate that combined borrowing by the Centre and states could touch an unprecedented ₹30 trillion, a development that has unsettled fixed-income markets and pushed…
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Govt Mulls Hybrid ATMs for Small Notes Amid UPI Push
The Union government is exploring the introduction of hybrid automated teller machines capable of dispensing small-denomination currency notes, even as digital payments powered by the Unified Payments Interface (UPI) continue to expand rapidly across India. The move aims to address growing public frustration over the shortage of ₹10, ₹20 and…
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Why RBI Wants BRICS to Use Digital Currencies for Trade
The Reserve Bank of India (RBI) is encouraging the Indian government to promote the use of central bank digital currencies (CBDCs) for cross-border payments among BRICS nations, according to recent media reports. The move reflects India’s growing interest in reshaping global payment systems, reducing transaction costs, and limiting over-dependence on…
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RBI Pushes BRICS Digital Currency for Easier Payments
India’s central bank has proposed a landmark initiative to link the digital currencies of BRICS nations, a move that could reshape cross-border trade and tourism payments while gradually reducing reliance on the US dollar. The proposal, recommended by the Reserve Bank of India (RBI), is expected to be placed on…
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DoT Digital Platform Blocks ₹660 Cr Cyber Frauds
The Department of Telecommunications (DoT) has successfully onboarded over 1000 banks, financial institutions, and Third-Party Application Providers (TPAPs) onto its Digital Intelligence Platform (DIP), leveraging the Financial Fraud Risk Indicator (FRI) to prevent cyber fraud losses amounting to ₹660 crore in just six months since its rollout on 22 May…
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Indian Navy Receives Indigenous ASW Ship ‘Anjadip’
The Indian Navy on 22 December 2025 received ‘Anjadip’, the third Anti-Submarine Warfare Shallow Water Craft (ASW SWC) indigenously designed and built by Garden Reach Shipbuilders and Engineers (GRSE)</strong), Kolkata. The delivery ceremony took place in Chennai, marking a significant milestone in India’s indigenous shipbuilding program. Advanced Design and Capabilities…
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RBI Steps In to Support Rupee as Bonds Track Policy Moves
The Indian rupee is expected to remain supported in the near term after strong intervention by the Reserve Bank of India (RBI), even as bond markets closely monitor the central bank’s liquidity actions and offshore investment flows. The coordinated moves by the RBI have helped arrest a sharp depreciation trend…
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Govt Eases QCO Norms, Boosts Credit Support for MSMEs
The Government of India has rolled out Quality Control Orders (QCOs) in a phased manner with wide-ranging exemptions and relaxations for Micro, Small and Medium Enterprises (MSMEs), ensuring that domestic manufacturing and production remain unaffected. The measures are being implemented through the Bureau of Indian Standards (BIS) under the Department…
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NITI Aayog Report: Deepening India’s Corporate Bond Market
NITI Aayog on 11 December 2025 released a comprehensive report titled “Deepening the Corporate Bond Market in India,” presenting a sequenced, reform-oriented roadmap to expand issuance, boost liquidity, and widen investor participation. The report unveiled in New Delhi by NITI Aayog CEO Shri B.V.R. Subrahmanyam sets out practical policy measures…