Rbi
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Minors can now operate bank accounts independently: Check age limit and other details
Business | Apr 22, 2025, 12:15 PM ISTMinor Bank Account Rules: The RBI has now permitted banks to allow minors above the age of 10 to open and operate savings / term deposit accounts independently.
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India's forex market average daily turnover doubled from USD 32 billion in 2020 to USD 60 bn in 2024
Business | Apr 19, 2025, 04:40 PM ISTFor the week ended April 11, foreign currency assets, a major component of the reserves, rose by USD 892 million to USD 574.98 bn. Expressed in dollar terms, the foreign currency assets include effect of appreciation or depreciation of non-US units like euro, pound andyen held in forex reserves.
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Good Friday Holiday: Are banks open or closed on April 18? Check full list of upcoming holidays
Business | Apr 18, 2025, 10:01 AM ISTGood Friday Holiday: The information available on the RBI's official website shows that banks will remain open in states like Tripura, Assam, Rajasthan, Jammu, Himachal Pradesh, and Srinagar
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Bank Holidays List: Are banks open or closed on Good Friday in your state? Check details
Personal Finance | Apr 17, 2025, 06:09 PM ISTBank Holidays on Good Friday: Good Friday is a solemn day marking the crucifixion and death of Jesus Christ. It is a gazetted holiday in several Indian states.
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The EMI secret banks will not tell you: Here's how to cut your EMI after RBI slashes rates
Personal Finance | Apr 15, 2025, 03:41 PM ISTWith awareness and the right digital tools, you can reduce your EMI burden, avoid overpaying, and ensure that you do not miss out when rates fall.
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NBFC Standard Capital announces partial redemption of non-convertible debentures - Check details
Market | Apr 14, 2025, 06:09 PM ISTEarlier, the non-banking financial company NBFC announced the additional deployment of Rs 209 crore to enhance its operations.
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Bank Holidays 2025: Are banks closed on Dr BR Ambedkar Jayanti and Bihu? Find out
Personal Finance | Apr 14, 2025, 10:01 AM ISTBank Holidays 2025, Dr BR Ambedkar Jayanti 2025: It is important to note that April 14, 2025, is not a gazetted public holiday, and therefore, all organisations don't need to declare a holiday on this day.
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Stock Market Sentiment: Will RBI’s policy shift influence equity markets? Here's what experts say
Market | Apr 11, 2025, 02:26 PM ISTThe central bank has not only slashed the repo rate but also shifted its policy stance from 'neutral' to 'accommodative', signaling a willingness for further rate cuts to bolster economic growth amid global uncertainties, particularly concerning tariff wars.
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Mahavir Jayanti 2025: Are banks open or closed today? Check details
Personal Finance | Apr 10, 2025, 10:13 AM ISTMahavir Jayanti 2025, Bank Holiday in April 2025: According to the RBI Holiday Calendar for 2025, the bank will remain closed on April 10 on account of Mahavir Jayanti.
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RBI slashes repo rates but still paying same interest on home loan? Here's what you need to know
Personal Finance | Apr 09, 2025, 04:56 PM ISTIf the central bank decides to slash the repo rate, banks will transfer the benefit to the customers who have opted for floating-rate loans.
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FD Investors Alert! Book your fixed deposits at higher interest rates now, here's why
Personal Finance | Apr 09, 2025, 03:25 PM ISTWhile it will take some time to have any impact on the interest rate on long-term FDs, the short-term and mid-term FDs are the ones that are expected to see the impact much quicker.
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RBI Cuts The Repo Rate To 6% Effective Immediately, Announces Governor Sanjay Malhotra
News | Apr 09, 2025, 01:09 PM ISTRBI has announced that it will cut the repo rate to 6%. Governor Sanjay Malhotra said, "The MPC (Monetary Policy Committee) voted unanimously to reduce the policy repo rate by 25 basis points to 6 % per cent with immediate effect."
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RBI slashes repo rate by 25 bps to 6%: Here's what it means for home buyers and others
Business | Apr 09, 2025, 01:00 PM ISTRBI MPC: This cut is likely to spur demand for home, auto, and personal loans, especially in tier 2 and tier 3 markets, where interest sensitivity is higher.
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RBI Monetary Policy: Central bank downgrades 2025-26 GDP forecast to 6.5% from 6.7%
Business | Apr 09, 2025, 10:53 AM ISTRBI Monetary Policy: The central bank has also lowered FY26 consumer price index or CPI inflation projection to 4 per cent from 4.2 per cent projected earlier.
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RBI MPC: Central bank cuts repo rate by 25 bps to 6%, home loans likely to get cheaper
Business | Apr 09, 2025, 10:48 AM ISTRBI Repo Rate Cut: Earlier in February, the Reserve Bank of India's six-member monetary policy committee (MPC) announced its first rate cut since May 2020 amid a slowdown in the economy.
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India's forex reserves jump to USD 665.4 billion, highest rise in nearly five months
Business | Apr 06, 2025, 03:09 PM ISTIndia's foreign exchange reserves rose by $6.6 billion to $665.4 billion in the week ending March 28, marking the highest weekly increase in nearly five months, according to RBI data. This marks the fourth consecutive weekly gain, with total reserves up by $20.1 billion in that period.
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RBI shares update regarding Rs 500, Rs 10 notes - Check details here
Personal Finance | Apr 04, 2025, 06:02 PM ISTLast month, the central bank announced to issuance of banknotes of Rs 100 and Rs 200 denominations, bearing the signature of Governor Malhotra.
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Poonam Gupta appointed as RBI Deputy Governor: Know all about her
Business | Apr 02, 2025, 08:38 PM ISTAt RBI, she will replace Deputy Governor Michael Patra. The other three deputy governors are M Rajeshwar Rao, T Rabi Sankar, and Swaminathan J, as per the RBI website.
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Are Banks Open Today? Check status before planning something on first day of new financial year
Personal Finance | Apr 01, 2025, 09:40 AM ISTIs today a bank holiday? It is important to mention that banks remained open on March 31, 2025, despite being a gazetted holiday on account of Eid-ul-Fitr.
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Bank Holiday 2025: Is it a bank holiday today for Eid-ul-Fitr? Check status for March 31
Personal Finance | Mar 31, 2025, 09:28 AM ISTIt was early designated as a holiday in the bank holiday calendar for 2025. However, the central bank has all agency bank locations that handle government business to stay open on Monday.