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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
Status-quo on interest rate likely, say experts ahead of RBI's policy review
The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…
PTI
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
Rupee falls 1 paisa to close at 83.96 against US dollar
At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…
PTI
RBI leaves key repo rate unchanged, focus on keeping inflation in check
The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…
RBI to withdraw ₹2,000 currency notes from circulation, will continue to be legal tender
The Reserve Bank of India (RBI) on Friday announced the withdrawal of ₹2,000 currency notes from ci…
We want the elephant of inflation to walk back to the forest: Shaktikanta Das
The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
Not just bank deposits, gold sales & real estate to get a boost from ₹2,000 note withdrawal
The Reserve Bank of India (RBI) on Friday said that it intends to pull ₹2,000 banknotes from circul…
UPI in 2024 – Five rule changes that you need to know
The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…
Rs 2,000 notes worth Rs 10,000 crore left in system: RBI Governor
"Rs 2,000 notes are coming back and only Rs 10,000 crore is left in the system. The expectation…
PTI
We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor
“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…
Limit ATM cash withdrawals to ₹5,000 and increase ATM charges, an RBI committee reportedly recommends
Currently, customers can withdraw ₹10,000 in a single transaction and ₹20,000 in a day from a St…
Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000
The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…
RBI allows PMC Bank customers to withdraw ₹10,000 over a period of six months from ₹1,000 earlier
Panic-stricken customers of Mumbai-based Punjab and Maharashtra Co-operative Bank get some relief f…