RBI
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India
Your ATM Withdrawals May Soon Cost More — RBI Hikes Interchange Fees
The Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, effective from May 1, 2025, increasing…
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Business
IndusInd Bank May Get a New CEO by October: Report
IndusInd Bank is expected to appoint a new CEO within the next six months, replacing the current Chief Executive Officer,…
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Business
RBI Introduces New ₹100 & ₹200 Notes – Are Old Notes Still Valid?
The Reserve Bank of India (RBI) has unveiled newly designed ₹100 and ₹200 banknotes, featuring enhanced security features and fresh…
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Business
India’s Forex Reserves See Sharpest Rise in Two Years
India’s foreign exchange reserves saw their sharpest increase in over two years, with a massive $15.267 billion rise during the…
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Business
RBI Wins Global Digital Transformation Award 2025
The Reserve Bank of India (RBI) has won the prestigious Digital Transformation Award 2025, instituted by Central Banking, London.
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Business
RBI Likely to Cut Interest Rates Next Month Amid Easing Inflation: HSBC Report
The Reserve Bank of India (RBI) is expected to announce another interest rate cut in April, following the recent decline…
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India
India Leads in Financing Green Energy Projects: RBI Governor
India has taken the lead in financing renewable energy projects by including them in priority sector lending, accelerating the country’s…
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India
Shaktikanta Das Appointed Principal Secretary-2 to Prime Minister Narendra Modi
Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the new Principal Secretary-2 to Prime Minister…
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Business
RBI Imposes Restrictions on New India Co-operative Bank, Causing Panic Among Customers
"RBI imposes restrictions on New India Co-operative Bank in Mumbai, halting withdrawals and new deposits. Customers panic as access to…
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India
CPI Inflation Drops to 4.31%—How This Affects Your Budget, Here’s Why
India’s retail inflation, measured by the Consumer Price Index (CPI), dropped to a five-month low of 4.31% in January 2025,…
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Pan India
What If You Get a ‘Free Trip’ Offer to a Foreign Country? Here’s What RBI Says!
A rising trend of cyber scams targeting unsuspecting individuals has prompted the Reserve Bank of India (RBI) to issue a…
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India
RBI to Cut Interest Rates: How Much Will It Drop and What’s Driving the Change?
Reserve Bank of India (RBI) is poised to reduce the key interest rate by 25 basis points this week, marking…
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Business
Budget Sentiments Over, Market Shifts Focus to RBI MPC Meet on Feb 7
New Delhi: The market is expected to move past the budget announcements and refocus on earnings and the upcoming Reserve…
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Business
UPI’s Share in India’s Digital Payments Soars to 83%: A Remarkable Surge, Says RBI Report
"UPI's share in India's digital payments has surged to 83%, according to the latest RBI report. The platform's growth reflects…
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Pan India
Banks to Remain Close for 14 Days in February 2025: Check Your City and Complete List
February 2025 will see a total of 14 bank holidays across India, with closures scheduled for both national and regional…
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Pan India
RBI’s Liquidity Management Measures: A Smart and Pragmatic Approach, According to SBI Report
SBI's report praises the RBI's smart and pragmatic approach to managing liquidity in India's banking system, highlighting measures like the…
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Business
RBI, Finance Ministry coordination at its best, says Shaktikanta Das
The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation” over…
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India
India’s consumption story optimistic, agriculture growth a bright spot: Report
The Reserve Bank of India’s (RBI) consumer confidence in November turned optimistic for the future while on the rural front,…
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Business
RBI decisions to ensure better balance between growth, inflation: Industry chambers
Leading industry chambers on Friday welcomed the RBI decisions especially around the repo and cash reserve ratio (CRR) rates, saying…
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Pan India
RBI raises FY25 inflation estimate to 4.8 pc; food price pressures to keep CPI elevated in Q3
Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices.
