Context: Key Announcements by RBI Governor Sanjay Malhotra Implications for Borrowers and the Economy Why the Repo Rate Cut Matters Inflation Outlook Strategic Takeaway TOI
NPST Partners with Central Bank of India to Strengthen Offline UPI Payment Ecosystem
Context: Key Objectives and Benefits Nationwide Initiative & Market Share Impact and Scale NPST’s Financial & Operational Performance
Razorpay Launches Turbo UPI Plugin to Revolutionize In-App Payment Experience
Overview of the Launch Key Features of Turbo UPI Plugin Technical & Strategic Advantages Impact on India’s Digital Payment Ecosystem
Bandhan Bank Launches Elite Plus Account for HNIs, Bank of Baroda Unveils High-Yield Deposit Scheme
Bandhan Bank’s Elite Plus Savings Account for HNIs Bank of Baroda’s bob Square Drive Deposit Scheme Strategic Implications BS
Deadline for Vivad se Vishwas Scheme 2024
Context: Scheme Details and Filing Process Background and Response Implications for Taxpayers TET
RBI Drafts Inclusive Co-Lending Framework for All Regulated Entities
Context: Key Highlights of the Proposed Framework Operational Model Regulatory Disclosure Requirements Expected Impact
Indian Bank Cuts Repo-Linked Lending Rate by 35 Basis Points to 8.70%
Context: Indian Bank has reduced its Repo-Linked Benchmark Lending Rate (RBLR) from 9.05% to 8.70%, effective April 11. The 0.35% (35 basis points) rate cut aligns with recent RBI repo rate adjustments, according to the bank’s statement. Impact on Borrowers Context and Market Relevance Customer Advisory TH
SEBI Forms High-Level Committee to Review Conflict of Interest Among Officials
Context: Chairperson and Committee Composition Key Focus Areas Broader Implications Mint
ADB Cuts India’s FY26 GDP Forecast to 6.7% Amid Rising Global Trade Tensions
Context: The Asian Development Bank (ADB), in its Asia Development Outlook April 2025, has lowered India’s GDP growth forecast for FY26 to 6.7% from the earlier projection of 7%, citing rising global trade tensions, US tariffs, and geopolitical uncertainties. Key Forecasts: Fiscal Year GDP Growth (%) Inflation (%) FY2025–26 6.7 4.3 FY2026–27 6.8 4.0 Major Drivers of the Revision Global Trade Risks Domestic Investment and Financial Market Concerns Food Inflation and Climate Impact Mitigating Factors Additional Insight from Moody’s: Regional Outlook BS
RBI Considers Shift from Call Rate to Collateral-Based Benchmark in Liquidity Framework
Context: The Reserve Bank of India (RBI) is currently re-evaluating its liquidity management framework, specifically the use of the Weighted Average Call Rate (WACR) as the key indicator for policy transmission. Governor Sanjay Malhotra indicated that alternatives such as a collateral-based benchmark may be considered. Key Highlights: RBI Reviewing Policy Transmission Anchor Call Market Volumes Declining Possible Shift to Secured Overnight Rupee Rate (SORR) Surplus Liquidity Calibration Target Recent Liquidity Trends Implications for the Market The RBI’s review of its liquidity management framework and potential shift from WACR to a secured rate benchmark reflects an evolving money market structure. A formal announcement is expected after stakeholder consultations conclude. BS
