Rupee rises to 90.16 as dollar weakens and crude falls; RBI weekly forex reserves show a notable decline.
Rupee recovered to 90.16 against the US dollar, aided by a weaker dollar, falling crude oil futures and improved equity sentiment tied to progress in trade talks; analysts noted upcoming US and Indian macro data as near term drivers. Foreign institutional investor outflows and a weekly decline in forex reserves reported by the Reserve Bank heightened vulnerability, while geopolitical tensions limited a stronger rebound.

SVC Bank, a multi-state co-operative bank, emphasizes regulatory compliance, governance strengthening, digital initiatives, and improved asset quality.
SVC Bank, a multi-state scheduled co-operative bank, affirms alignment with regulatory best practices and strengthened governance while pursuing digital initiatives to improve efficiency, customer experience, and secure service delivery; it reports improved profitability, reduced gross and net NPAs, and an increased Provisioning Coverage Ratio as indicators of financial resilience and compliance posture.

Rupee depreciation tied to rising crude prices and foreign portfolio outflows, with RBI reserves showing weekly decline.
The report attributes the rupee's early trade depreciation to rising crude prices and sustained foreign portfolio outflows, linking those flows to risk-off sentiment and equity sell-offs. It highlights the operational relevance of RBI weekly foreign exchange reserves data-specifically a notable weekly decline-as an indicator of external-sector pressure, and frames these developments within the monitoring and regulatory context of FEMA.

Federal Reserve subpoenaed by DOJ over Powell's renovation testimony; threat of criminal charges raises independence concerns.
The DOJ subpoenaed the Federal Reserve regarding Chair Powell's Senate testimony about a $2.5 billion building renovation and has threatened criminal charges; Powell characterizes the action as a pretext to undermine the Fed's independence and to apply political pressure to monetary policy, while DOJ says it prioritizes investigating alleged misuse of taxpayer funds and a senator has raised objections pending resolution.

Banking transparency: RBI seeks disclosure of NPAs, inspection reports and penalties despite banks' objections, with disclosure stayed pending adjudication.
Whether regulatory records - including top NPA lists, willful defaulter identities, monetary penalty documents and statutory inspection reports - are liable to be disclosed under the RTI framework despite banks' claims of commercial confidentiality; the regulator severed exempt material, applied the Third Party consent process, relied on precedent favoring disclosure and the absence of a fiduciary relationship, while affected banks appealed and the information authority referred the matters to a larger bench and stayed disclosure pending adjudication.

Identity-linked prepaid payments embedded in ID cards enable controlled, auditable institutional transactions across campuses, transport, and enterprises.
NPST and Infinity Infoway integrate NPST's TimePay prepaid card with Infinity's ERP to convert student, employee, and driver IDs into identity-linked prepaid credentials governed by ERP-defined roles, access rights and policy rules. Transactions occur within operational boundaries, enable offline and online acceptance, and preserve institutional oversight, auditability, and reconciliation across education, transport and enterprise workflows.

PayG receives RBI approval as an Offline and Cross Border Payment Aggregator, enabling unified online, offline and international payments.
RBI approval authorises PayG as an Offline and Cross Border Payment Aggregator, completing its full suite of Payment Aggregator licences and enabling the company to process online transactions, support in store payments via POS, QR and device solutions, and handle cross border payments on a single compliant platform, thereby strengthening regulatory standing and merchant access to unified, secure payment infrastructure.

Digitalisation of banking requires collaborative supervision, data-driven monitoring, customer guardrails, and enforcement as last resort.
Digitalisation demands a collaborative regulatory-supervisory model to ensure systemic resilience, balancing growth with stability and consumer protection. Supervision should operate as a continuum-training, dialogue, off-site and on-site review-with enforcement as a measure of last resort aimed at correction and signaling standards. Enhanced use of data, analytics, SupTech and AI-enabled tools should enable near real-time, off-site monitoring while preserving human judgment; customer-centric guardrails and sustained capacity building are required to embed compliance and maintain human accountability under a risk-based, technology-neutral approach.

Kisan Credit Card interest subvention: state adds 1% top-up for compliant crop loans up to Rs 3 lakh, with Rs 5 crore budgeted.
An MoU provides an additional 1 per cent interest subvention under a state scheme for Kisan Credit Card crop production loans up to Rs 3 lakh from commercial banks, regional rural banks and cooperative banks, conditional on timely repayment; the state has budgeted Rs 5 crore for FY 2025-26.

Rupee falls to 90.18 vs dollar amid crude-led pressure, foreign outflows and risk aversion in market.
The rupee fell 28 paise to 90.18 against the US dollar due to elevated global crude prices, a stronger US dollar, geopolitical tensions, and sustained foreign institutional equity outflows; the report notes a decline in forex reserves and that central bank intervention could support the currency while market participants expected a defined USDINR trading range.

Co-operative bank governance: draft rules introduce a cooling-off period to enforce ten-year director tenure; public comments invited.
The Reserve Bank has published draft governance amendments for urban and rural co-operative banks introducing a minimum cooling-off period for directors to prevent evasion of the ten-year continuous tenure limit under Section 10A(2A)(i) read with Section 56 of the Banking Regulation Act, 1949. Public comments are invited by January 30, 2026 via the Connect2Regulate portal or by submission to the Department of Regulation (Governance Section).

RBI draft Directions on maximum eligible dividend payout methodology for banks; comments invited until February 5, 2026.
The Reserve Bank has issued draft Directions proposing a revised methodology to compute the maximum eligible dividend payout and updated prudential norms on declaration of dividend and remittance of profit for Commercial Banks, Small Finance Banks, Payment Banks, Regional Rural Banks and Local Area Banks; comments are invited until February 5, 2026 via the 'Connect2Regulate' link or by post/email to the Chief General Manager, Balance Sheet Group, Department of Regulation.

Forex reserves fell USD 9.81 billion to USD 686.80 billion, led by declines in foreign currency assets and gold.
India's forex reserves fell by USD 9.809 billion to USD 686.801 billion for the week to January 2, driven chiefly by a USD 7.622 billion decline in foreign currency assets; gold reserves decreased by USD 2.058 billion, SDRs by USD 25 million, and the IMF reserve position by USD 105 million, reversing the prior week's USD 3.293 billion increase.

Rupee weakens amid FII outflows and RBI dollar sales, trading around 89.97 to the US dollar.
The rupee weakened to 89.97 per US dollar amid sustained foreign institutional investor outflows and rising crude prices; the Reserve Bank of India conducted dollar sales as a form of central bank intervention, which market participants said capped dollar upside while creating large short positions and adding to intraday volatility.

Rupee weakens to 89.90 as foreign outflows and tariff fears boost dollar; central bank intervention eyed.
Rupee depreciated to 89.90 against the US dollar amid sustained foreign portfolio outflows, a stronger dollar, and apprehension over further US tariffs; traders noted equity sell offs and the prospect of Central Bank Intervention as key influences on dollar demand.

IMT Ghaziabad placements use role competency hiring; highest CTC Rs 35 LPA, average Rs 18.89 LPA.
IMT Ghaziabad's placements adopt a role competency-based hiring framework emphasizing role readiness and applied skills. Interim figures to 31 December 2025 show 400 students placed by 110 recruiters (25 new), highest CTC Rs. 35.00 LPA, average CTC Rs. 18.89 LPA, median Rs. 17.56 LPA, and 25% offers as PPOs. Sectoral distribution led by BFSI (24%), with IT/ITES, Consulting, FMCG, Investment Banking, GCCs and E commerce contributing; roles span strategy, consulting, analytics, product and leadership tracks. The institute attributes outcomes to curriculum-industry alignment, internship conversions and targeted competency mapping.

RBI ombudsman complaints: court stays order requiring second-level human review and affidavit requirement pending further hearing.
The Delhi High Court division bench stayed the single-judge directions requiring second-level human supervision of complaints rejected by the RBI Ombudsman and the affidavit filing by the deputy governor; the stay covers paragraphs 47(5) and 48 and remains until the next hearing listed for further consideration.

Rupee falls as higher crude, foreign outflows and tariff fears boost dollar and pressurise markets.
Rupee depreciation was driven by higher crude oil prices, foreign portfolio outflows and a stronger US dollar, with market concern over potential US tariff increases amplifying negative sentiment. Traders noted that central bank short positions in markets reinforced dollar buying pressure; the rupee traded in a wide intra day range and was expected to remain within a specified near term band.

Rupee falls to 89.90 as RBI intervenes to cap dollar strength amid rising oil prices and FII outflows.
The rupee weakened to 89.90 per US dollar amid rising crude prices, FII outflows, dollar strength and weaker equities. Market sources reported RBI spot market sales in the low 90s to cap dollar appreciation, a measure that constrained further depreciation while leaving potential for downside if interventions continue.

Digital lending apps accused of excessive data collection and coercive consent; RBI asked to respond and detail enforcement steps.
Allegations assert that certain digital lending applications operated by Non-Banking Financial Companies access prohibited device resources, collect excessive personal and device-level information, and use coercive, non-negotiable consent mechanisms disproportionate to legitimate purposes like KYC or credit assessment; the petitioner claims a prior complaint to the Reserve Bank of India elicited no action.