To keep the rupee stable in a volatile world, the RBI may need $1 trillion in reserves and smarter deployment of global dollar liquidity tools.
Michael Debabrata Patra
REPCO Bank has long been allowed to use the word “bank” even though it is legally a multi-state co-operative society rather than a bank. The arrangement reflects a legacy exception that now sits uneasily with the RBI’s broader regulatory stance.
T. Bijoy Idicheriah
repcobank.com
Given current conditions, there is scope for using contingency reserves, doing away with capital gains, and reducing the size of government borrowing to send signals to external capital waiting to see countries with stability and growth.
R. Gurumurthy
The ₹1 trillion of screen-based OMOs and ₹8.58 trillion of total net buying show the RBI is inside the bond market, not outside, even as yields remain unyielding.
Richard Fargose
A dual oil supply and price shock may lift inflation and strain growth, forcing the RBI to rely on liquidity and signalling to keep conditions supportive.
Gaura Sen Gupta
istocks/imaginima
India’s bond market looks stable, but heavy RBI support and captive demand may be weakening price signals, distorting risk, and dulling its role as the system’s benchmark.
iStock.com
Your weekly rundown of significant judicial rulings and legal battles influencing policy, companies, regulation, and governance
BasisPoint Insight
Istock.com
Oil at $100, cooking gas shortages, and rents that devour paychecks. Survival is a full-time job when the bills are due.
Phynix
India has eased Press Note 3 rules, but investors need predictability. Without clear screening rules, faster approvals and transparency, capital may stay away.
Deep Pal
iStock.com/Chinmayi Shroff
A bank owned almost entirely by Bank of Baroda still carries the tag of a private sector bank. Nainital Bank reveals a regulatory paradox.
www.nainitalbank.bank.in
A surge in crude prices and rupee weakness could complicate the RBI’s benign inflation outlook if the West Asia conflict proves prolonged.
Poonam Gupta/LinkedIn
The tightening cycle has quietly concentrated bank deposits in the 1–3 year band, making funding costs more sensitive to shifts in the interest-rate cycle.
Abhishek Dey
Rising credit costs, slower deposits, and geopolitical shocks are converging. Banks must detect borrower stress early before risks reach balance sheets.
K. Srinivasa Rao
India’s T20 triumph briefly united a divided nation. Outside the stadium, oil shocks, AI battles, bond puzzles and geopolitics continued to churn.
ICC
Capital flows now dominate currency markets, forcing central banks to intervene. This essay explains why exchange rates matter for the RBI’s stability mandate.
As finance turns digital and interlinked, the RBI is redesigning supervision by shifting from balance-sheet checks to ecosystem-wide governance architecture.
Allowing equity mutual funds to invest in gold may aid diversification, yet in an import-dependent economy, it could quietly expand demand and pressure the external balance.
New RBI rules on third-party product sales seek to curb mis-selling, realign incentives, and restore trust in banking distribution models.
Wikimedia Commons
Michael Patra is an economist and former RBI Deputy Governor.
Arun is a seasoned writer on economic and policy matters.
Abheek is an Independent Economist and the Former Chief Economist at HDFC Bank.
Ajay Srivastava is the founder of the Global Trade Research Initiative.
Vijay Singh Chauhan, a former IRS official, is a Senior Visiting Fellow at ICPP, Ashoka University
Dhananjay, a D-School alum, is CEO and Co-Head of Equities at Systematix Group.
Kriti is a psychologist specialising in mental health, org behaviour, and brand strategy
Srinath is an author, corporate advisor, and independent director on corporate boards.
Ex-civil servant Chavaly held key Railways, Finance roles; specialises in infra & PPPs
Nilanjan Banik, Professor at Mahindra University, specialises in trade and development economics.
Sachin was till recently an MD with Standard Chartered Bank.
Rajesh Mahapatra is the former Editor of The Press Trust of India
Krishnadevan is Editorial Director at BasisPoint Insight.
Chandra advises companies on big-picture narratives on strategy and markets.
Kalyan Ram co-founded Cogencis. He now leads BasisPoint Insight.
Gurumurthy is an ex-central banker who handled markets, and later, financial stability for RBI.
Lt Gen Syed Ata Hasnain is a former Commander of India’s Kashmir Corps.
Arvind Mayaram, former Finance Secretary, is Chairman of the Institute of Development Studies, Jaipur.