#RBI

radio-nww.de

mastodon.social

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bhaskarr.substack.com

India promotes a hawala scheme

10 August 2026

bhaskarr.substack.com

India promotes a hawala scheme

10 August 2026

www.socialnews.xyz

India’s forex reserves surge by $10.512 billion to $692.866 billion: RBI

Mumbai, Aug 7 (SocialNews.XYZ) India's foreign exchange reserves surged by $10.512 billion to $692.866 billion for the week ended July 31, extending their upward trend, according to data released by the Reserve Bank of India (RBI) on Friday. The latest surge follows a forex gain of $6.118 billion for the week ended July 24. The value of gold reserves increased by $1.685 billion to $104.743 billion during the week ended July 31, the RBI said. For the same period, foreign currency assets, a major component of the reserves, increased by $8.750 billion to $564.680 billion.

tayari24.com

RBI’s 2026‑27 Upper Layer NBFC List Updated: Key Developments For Rajasthan Government Exam Preparation and Practice Download Tayari24 Official App from Play Store - https://play.google.com/store/apps/details?id=education.ai.tayari24

Key Highlights * RBI’s 2026‑27 Upper Layer NBFC list now contains 17 entities, up from 15 in the previous exercise. * Four public‑sector firms—REC Ltd., Power Finance Corp., Indian Railway Finance Corp. and HUDCO—have been newly admitted. * The absence of a 2025‑26 list reflects a comprehensive overhaul of the identification framework. * Institutions with assets under management of ₹1 trillion or more automatically qualify for Upper Layer status, subject to other criteria. * Despite its inclusion, Tata Sons Pvt. Ltd. remains eligible for de‑registration review under the same framework. Detailed Insights The Reserve Bank of India (RBI) has re‑defined the scale‑based regulatory tiers for non‑banking financial companies (NBFCs). The Upper Layer, reserved for the largest and most systemically significant players, now comprises 17 firms for the fiscal year 2026‑27. The four newly added public‑sector entities—REC Ltd., Power Finance Corp., Indian Railway Finance Corp. and HUDCO—have crossed the revised size thresholds, primarily driven by their expanding asset bases and operational footprints. In 2025, the RBI deliberately withheld an Upper Layer list, citing the need to refine its identification methodology. The updated criteria now hinge on an assets‑under‑management (AUM) benchmark of ₹1 trillion (₹1 lakh crore) and additional prudential conditions. This shift aims to ensure that the most financially influential NBFCs receive heightened supervisory scrutiny. While Tata Sons Pvt. Ltd. remains on the Upper Layer roster, the regulator clarified that its presence does not preclude the company’s pending de‑registration application. Conversely, entities such as PNB Housing Finance and Sammaan Capital were omitted because they failed to meet the new eligibility thresholds, though they are not automatically demoted; they must continue operating under the enhanced regime for a minimum of five years after falling below the criteria. The Upper Layer framework is designed to mitigate systemic risk by imposing stricter capital, liquidity, and governance requirements on larger NBFCs. By aligning regulatory intensity with firm size and risk profile, the RBI seeks to safeguard the broader financial ecosystem. Key Concepts * Upper Layer NBFC – The tier of non‑banking financial companies that are the largest in terms of assets and systemic importance, subject to the most rigorous regulatory oversight. * Assets Under Management (AUM) – The total market value of assets that an NBFC manages on behalf of its clients, used as a primary metric for size classification. * Scale‑Based Regulation – A regulatory approach that categorises NBFCs into layers based on size and complexity, with each layer receiving tailored supervisory requirements. * De‑registration – The formal process by which an NBFC can surrender its registration with the RBI, subject to regulatory review. * Systemic Importance – A designation indicating that a financial institution’s failure could pose significant risks to the stability of the financial system.

maction.com

RBI Rate Hold August 2026: What Brands Should Be Tracking Now | Maction

The RBI held rates in August 2026 and named four specific risks to watch. Here's what the MPC decision means for brand research, festive season planning, and category tracking through Q3.

theraisinahills.com

Why the RBI Is Standing Pat While the Fed Signals Higher-for-Longer Rates - The Raisina Hills

The RBI kept the repo rate unchanged at 5.25% and retained its neutral stance. This analysis examines how key factors influenced the decision.

tayari24.com

India to Introduce Durable Polymer Banknotes in FY28: A Strategic Shift For Rajasthan Government Exam Preparation and Practice Download Tayari24 Official App from Play Store - https://play.google.com/store/apps/details?id=education.ai.tayari24

Key Highlights * RBI plans to roll out polymer ₹10 and ₹20 notes from FY28 after successful pilot testing. * Polymer notes promise a 3–4× longer lifespan compared to paper, cutting long‑term printing costs. * The initiative aims to boost currency supply capacity to meet India’s growing economic demand. * Polymer notes will coexist with existing paper notes; no wholesale replacement is planned. Detailed Insights In a post‑MPC statement, Governor Sanjay Malhotra announced that the Reserve Bank has entered the pilot phase of a polymer‑note programme. The central bank has already opened a tender for polymer substrates, the base material on which the notes will be printed. The polymer notes will undergo rigorous field trials to assess durability under India’s diverse climatic conditions, high circulation rates, and the existing banking infrastructure. Should the pilot prove successful, the first batch of polymer notes—one billion ₹10 notes and one billion ₹20 notes—will be issued at the start of FY28. The government has clarified that polymer notes will supplement, not replace, the current paper currency. Polymer banknotes are already in use in nearly 60 countries, including Australia, the United Kingdom, Canada, New Zealand, Vietnam, Romania, and Singapore. Australia pioneered the technology in 1988. The material’s resilience against moisture, dirt, and physical wear makes it an attractive option for high‑frequency denominations. RBI’s rationale centers on two key benefits: a significantly extended lifespan for low‑denomination notes, and an enhanced printing capacity to keep pace with India’s expanding economy. Key Concepts * Polymer Substrate – The plastic base material onto which ink and security features are applied to produce a banknote. * Durability Testing – Field trials that evaluate a note’s resistance to wear, moisture, and environmental stress. * Currency Supply Capacity – The ability of the central bank to produce and circulate sufficient notes to meet economic demand. * Lifecycle Cost – The total cost of a note from production to retirement, including printing, distribution, and replacement.