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- The RBI October pivot is beyond the 25 bps repo rate hike
- RBI supplements financial muscle with regulatory heft
- RBI eases confusion over 20 % forex reserve rule , but banks must still park cash with central bank
- Durable liquidity still significant amid forex interventions , rising cash demand : Report
An Axis Bank Economic Research report says India's banking system liquidity has tightened sharply toward zero, driven by elevated Government of India (GoI) balances, RBI forex operations and rising cash demand before the festive season. Durable liquidity stands at 3.2 per cent of NDTL, overnight rates have risen, and banks have turned back to the Variable Rate Repo (VRR). The report expects the gap between deposit and credit growth to reopen and bank funding conditions to worsen further. Seasonal patterns suggest liquidity will ease for a time in early December, but festival-season currency demand is likely to keep it low.
- RBI new bank leverage norms effective April 1
The Reserve Bank of India said the latest leverage ratio framework from the Basel Committee on Banking Supervision will take effect on April 1, 2027. The minimum leverage ratio is 4% for domestic systemically important banks (D-SIBs) and 3.5% for other banks. An Indian branch of a global systemically important bank (G-SIB) must maintain 3.5% plus the G-SIB leverage ratio buffer, and faces capital distribution constraints if it does not meet that buffer. Stakeholders had asked for more time to transition after the August draft, but the RBI did not accept the request, citing the Basel III timetable set in the Governor's statement dated October 1, 2025.
- Bank liquidity surplus plunges 99 % to Rs 542 crore , lowest since June 29
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