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India's 10-year government bond yield rose 10 basis points to 7.40 per cent after the RBI raised the minimum daily CRR requirement to 99 per cent from October 16.
Jefferies says RBI's higher daily CRR requirement of 99 per cent could withdraw Rs 400-800 billion from banks and add 1-2bps to cost of funds, with limited NIM impact.
The rupee opened at 95.76 against the US dollar after the RBI cut the unhedged forex derivative threshold to $5 million and introduced a 20 per cent FERR.
The report estimates the MDR framework could earn payment providers Rs 18,000 crore a year, while merchants may pass costs on through higher retail prices.
RBI's Rural Consumer Confidence Survey for September 2026 shows the Current Situation Index easing to 90.6, while rural households expect inflation of 7.9% next year.
RBI's 37th Bank Lending Survey shows bankers expect credit demand to strengthen across most sectors in Q3FY27, with agriculture the sole exception, driven by seasonal demand.
JM Financial expects healthy profit after tax growth for Indian banks in Q2FY27, with loan growth at 19.1% and deposit growth at 15.8%, though elevated CD ratios may keep funding pressures high.
IIFL Capital says a 25-basis-point RBI repo rate hike to 5.5 per cent could expand large banks' net interest margins by 6-10 bps and lift EPS estimates by 3-5 per cent.
SBI Capital Markets expects the RBI to raise the repo rate by 75-100 basis points in the current cycle, with consumer inflation peaking in Q3FY27 and easing from FY28.
The Reserve Bank of India will sell USD to Indian Oil, Hindustan Petroleum and Bharat Petroleum through designated banks, and tightened forex derivative rules to support the rupee.
The Reserve Bank of India will sell US dollars to Indian Oil, Bharat Petroleum and Hindustan Petroleum through designated banks, meeting their full daily forex needs from October 12, 2026.
Kotak Institutional Equities expects the RBI to raise the repo rate by 50 basis points over its next two policy meetings, taking the terminal rate to 6.0 per cent after Wednesday's 25 bps hike.
The Reserve Bank of India has tightened cash reserve ratio maintenance norms, requiring banks to hold 99 per cent of the prescribed CRR daily from the fortnight beginning October 16.
The Reserve Bank of India has raised the minimum daily CRR maintenance requirement for scheduled banks to 99 per cent from 90 per cent, effective the fortnight beginning October 16, 2026.
RBI data shows India's foreign exchange reserves dropped USD 12.95 billion to USD 734.61 billion in the week ended October 2, as foreign currency assets and gold reserves declined.
SBI Research recommends RBI go for an off-cycle 50 basis points hike sooner rather than later and widen the interest rate corridor amid global market turbulence.
Emkay Research expects Indian banks' net profit to rise 25.4% in Q2FY27, with FCNR(B)-linked margin pressure easing in the second half as credit growth stays healthy.
RBI's September survey shows households expect inflation to reach 10% in a year, up from 9.4%, with 88.9% bracing for higher prices and food costs a top worry.
ICICI Bank report expects back-to-back repo rate hikes to a 6% terminal rate, with RBI injecting about Rs 2 lakh crore to keep liquidity at 0.5-1% of NDTL.
Experian report shows India's credit market AUM rose 18 pc YoY to Rs 142 lakh crore, driven by unsecured lending, with asset quality improving.
