money
The RBI offered banks a three-day home for up to ₹2 lakh crore on Monday. They put in less than a fifth of that. Friday’s ₹1.4 lakh crore three-day deposit came back the same morning, so far less cash was parked with the central bank going into a week of tighter reserve rules. Today the RBI tries again overnight and sells ₹25,000 crore of bonds at the same time.
60-sec + analysis~4 minRead → money
The RBI’s Saturday package did what it was built to do on day one: the rupee’s official reference rate strengthened by almost 87 paise. But the same week the central bank is making rupees scarcer for banks, and bond yields moved up. A steadier currency is coming with costlier money.
60-sec + analysis~4 minRead → money
Five days after its rate hike, the RBI is pulling more cash out of the banking system. Banks will soon have almost no room to dip below their reserve requirement on any day, the RBI will sell ₹25,000 crore of government bonds on Tuesday, and a ₹2 lakh crore reverse repo runs this morning. Friday’s 10-day auction drew only ₹18,170 crore of ₹1.5 lakh crore. Loans are growing faster than deposits.
60-sec + analysis~5 minRead → money
The Reserve Bank used a Saturday to tighten the rules on rupee hedging. Banks must now park 20% of large dollar-buying hedges in cash with the RBI, users can hedge only $5 million without proof of an underlying deal, and cancelled contracts cannot be rebooked. From Monday, the RBI will also sell dollars directly to the three state oil companies. Reserves fell $12.95 billion in the week to 2 October.
60-sec + analysis~5 minRead → money
A day after RBI’s 25 bp repo hike to 5.50% and shift to calibrated tightening, the Nifty 50 fell 371 points to 22,231.80 — its weakest close since April 2025 — with only 3 of 50 stocks up. Foreign portfolio investors sold a provisional net ₹12,943.58 crore; domestic institutions absorbed ₹10,703.11 crore. Crude oil stayed elevated overnight.
60-sec + analysis~5 minRead → money
A day after the MPC’s 25 bp hike and shift to calibrated tightening, banks parked far less than RBI offered in the first big multi-day reverse-repo mop-up. The overnight window was fuller. Another drain — ₹1.5 lakh crore for 10 days — runs this morning.
60-sec + analysis~4 minRead → money
A day after seven banks told the exchanges they had raised repo-linked lending rates by 25 basis points, UCO Bank filed its own revision. UCO Float is now 8.30% and UCO Prime 5.50%, both up a quarter point from 8 October. MCLR is unchanged. India’s largest lenders have still not posted an NSE rate change.
60-sec + analysis~3 minRead → money
The Nifty 50 fell 173 points to 22,603.05 on the day RBI raised the repo rate by 25 bps to 5.50%; metals, realty, autos and IT led the fall while PSU banks rose 1%. FPIs were net sellers of ₹6,121.37 crore, DIIs net buyers of ₹4,596.57 crore. T-bill cut-offs rose up to 14 bps. Today RBI drains liquidity for 29 days, and it has formally removed Paytm Payments Bank from the list of scheduled banks.
60-sec + analysis~5 minRead → money
Seven listed banks told the exchanges on Wednesday evening that they have raised their repo-linked lending rates by 25 basis points, matching RBI's hike to 5.50%. Most changes take effect today, 8 October; Bank of India moved the same day. Here is what each bank filed, and what a quarter-point rise means for a typical home loan.
60-sec + analysis~4 minRead → money
Lending outside the big banks is speeding up. RBI data show credit from major NBFCs and housing financiers grew 15.8% in August, up from 10.0% a year ago, with retail loans at 22.0% and gold loans accelerating. Microlender Satin Creditcare’s assets under management rose about 31% while bad loans fell to 1.9%; Utkarsh Small Finance Bank’s early-stress pool dropped to 1.48% from 4.87%. Angel One’s client margin-funding book hit a record.
60-sec + analysis~5 minRead → money
Electricity on India’s biggest power exchange cost about twice as much in September as a year ago. Indian Energy Exchange says the average day-ahead price was ₹7.3 a unit, up 105%, and the real-time price ₹6.9, up 108%, as buy bids jumped 281%. Country-wide power use rose about 11% and peak demand touched 269 GW on 10 September.
60-sec + analysis~4 minRead → money
The 63rd Monetary Policy Committee, chaired by Governor Sanjay Malhotra, raised the policy repo rate by 25 basis points to 5.50% and changed the stance to calibrated tightening. Rate cuts are off the table in the near term; the next move can only be a hike or a pause. FY27 real GDP is projected at 7.1% and CPI at 5.2%.
60-sec + analysis~6 minRead → money
The Reserve Bank of India’s Monetary Policy Committee announces its October decision today. Going in: repo 5.25%, SDF 5.00%, MSF and Bank Rate 5.50%, CRR 3.00%, neutral stance after a unanimous hold in August. Retail inflation has risen to 4.82% in August. The banking system is flush — RBI absorbed about ₹5.30 lakh crore on 5 Oct and has notified a ₹3 lakh crore overnight reverse repo for 12 noon, right after the policy call.
60-sec + analysis~5 minRead → money
Three more lenders disclosed foreign-currency FCNR(B) deposits raised under the Reserve Bank of India’s swap facility in their September-quarter updates: Kotak Mahindra Bank $5.78 billion, IndusInd Bank $3.51 billion and IDFC First Bank about $3.6 billion. With HDFC Bank and Axis Bank, five banks account for about $35 billion. The inflow shows up in headline deposit growth — and in the banking system’s cash surplus that RBI is now draining.
60-sec + analysis~4 minRead → money
Provisional September-quarter filings: HDFC Bank gross advances ₹32.20 lakh crore (+16.3%), deposits ₹33.28 lakh crore (+18.8%); Axis Bank gross advances ₹13.85 lakh crore (+22.7%), deposits ₹14.52 lakh crore (+20.7%). Together the two raised about $22.1 billion of FCNR(B) deposits under RBI’s swap facility.
60-sec + analysis~4 minRead → money
RBI’s Monetary Policy Committee starts its October 5–7 meeting today. Repo 5.25%, SDF 5.00%, MSF 5.50%, neutral stance. August’s resolution projected CPI peaking in Q3 at 5.9% and said rates may need ‘recalibration’ as underlying inflation normalises. Decision due Wed 7 Oct.
60-sec + analysis~4 minRead → money
CPI is a map of average price pressure. Your kitchen ledger may tell a different story — and that gap is the point.
60-sec + analysis~9 minRead → money
USD/INR printed near 95.9–96 this week. Gadgets, fuel inputs, and overseas payments reprice through that pipe — with a lag.
60-sec + analysis~4 minRead → money
A SIP is a payment habit. The units still sit in a market that can fall for weeks.
60-sec + analysis~4 minRead → money
A single month’s inflation number is a snapshot. What households and markets *expect next* shapes wages, rates, and prices.
60-sec + analysis~4 minRead → money
Gold can diversify a portfolio. It does not pay a coupon, and its short-run moves can still sting.
60-sec + analysis~3 minRead → 