The RBI has declined banks’ request to stagger provisions for likely MTM losses in the March quarter. Banks had sought relief to cushion the impact of rising bond yields and a late-imposed $100 million cap on net open positions, both of which pressured treasury earnings.
FPIs’ outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows
May 31, 2026