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  India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations

  Business | February 07, 2025 17:32 IST

  A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account with an Indian bank for the purpose of settling international trade transactions.

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  RBI cuts repo rate by 25 bps: FD rates may come down -Here's what investors can do

  February 07, 2025 14:21 IST

  The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.

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  RBI to introduce dedicated domains for banks, non-bank financial entities to reduce digital fraud

  Business | February 07, 2025 13:29 IST

  Meanwhile, RBI Governor Sanjay Malhotra slashed the repo rate by 25 basis points to 6.25 per cent.

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  Good news for homebuyers: Loans to get cheaper as RBI cuts repo rate - Here's how much you will save

  February 07, 2025 16:34 IST

  Existing buyers should check with their banks whether they have passed on the rate cut benefits or not.

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  RBI MPC meeting: Reserve Bank cuts key lending rate by 25 basis points for first time since 2020

  Business | February 07, 2025 10:38 IST

  RBI Monetary Policy meeting 2025: Governor Sanjay Malhotra also said the flexible inflation targeting framework has served the Indian economy well.

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  RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra's first policy move: Report

  Business | February 07, 2025 8:16 IST

  The RBI’s Monetary Policy Committee (MPC) may cut the repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move. Experts predicted a balanced approach to inflation and growth.

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  RBI MPC meeting 2025: Rate cut expected, when and where to watch RBI Governor Sanjay Malhotra live

  Business | February 03, 2025 17:11 IST

  RBI Monetary Policy 2025: In the last MPC, the Central Bank had kept the benchmark repo rate unchanged at 6.5 per cent.

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  Rupee hits record low, plunges 67 paise to 87.29 against US dollar in early trade

  Business | February 03, 2025 11:15 IST

  Meanwhile, India's forex reserves increased USD 5.574 billion to USD 629.557 billion in the week ended January 24, the Reserve Bank said on Friday.

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  Bank Holidays in February 2025: Banks to remain closed on these days, check state-wise full list

  Budget | February 01, 2025 17:52 IST

  Bank Holidays in February 2025: Having information about the bank holidays of the entire month can help customers plan things accordingly.

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  Bank holidays: A complete state-wise list of bank holidays in February 2025 | Check here

  Business | January 27, 2025 7:08 IST

  Bank holidays: Banks in India remain closed on the second and fourth Saturdays of every month. Apart from this, banks are also closed on national holidays, public holidays, and regional holidays (which differ from state to state).

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  Bank holiday: Are banks open or closed on January 23 in your state? Check here

  Business | January 23, 2025 6:48 IST

  Bank holiday: Banks in India remain closed on the second and fourth Saturdays of every month. Apart from this, banks are also closed on national holidays, public holidays, and regional holidays (which differ from state to state).

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  RBI's new guidelines relieve crores of users, banking calls will now come from these two numbers

  Technology | January 20, 2025 18:42 IST

  The RBI has recently allocated phone number series 1600 and 140 to banks and financial institutions for financial transactions, marketing calls, and SMS. This initiative aims to protect individuals from scammers.

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  Union Budget 2025: RBI MPC member emphasises need to focus on capex, infrastructure spending

  Budget | January 19, 2025 19:13 IST

  Union Budget 2025: Union Finance Minister Nirmala Sitharaman will present the budget for the next fiscal year on February 1. Two years ago, she had started laying extra emphasis on capex and infra spending. The RBI MPC member Nagesh Kumar urged to continue with that momentum.

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  Cross-border transactions: RBI announces steps to encourage use of Indian rupee

  Business | January 16, 2025 17:52 IST

  The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border transactions in local currencies, including the Indian rupee.

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  RBI introduces new credit report rules: Know how it will affect your credit score

  Business | January 08, 2025 19:42 IST

  The Reserve Bank of India has updated the rules for credit report updates. Under the new rule, each individual's credit score will be updated twice a month.

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  India's gold reserve shines as RBI adds 8 tonnes in Nov, second-biggest buyer in 2024: WGC report

  Business | January 06, 2025 19:08 IST

  According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland which added 90 tonnes. India's gold reserve surge this year is 78 tonnes.

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  Fact Check: Has RBI announced launch of Rs 5,000 notes? | Know truth behind viral claim

  Fact Check | January 06, 2025 9:29 IST

  Fact Check: Several social media users are claiming that the RBI is planning to launch Rs 5000 notes. Let's find out the truth behind this viral claim.

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  India's forex reserves drop by $ 4.112 billion to $640.279 billion in December, says RBI

  Business | January 03, 2025 17:27 IST

  Last week, the country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.

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  RBI may cut policy rates by 50 basis points in first half of 2025: Report

  Business | January 03, 2025 14:13 IST

  This reduction in policy rates is expected to stabilise regulatory momentum, potentially fostering growth and supporting investments in the near term. The CRR cut further outlines the RBI's intent to stimulate economic activity.

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  98.12 per cent of Rs 2000 notes returned to banks, Rs 6,691 crore still in public: RBI update

  January 01, 2025 18:50 IST

  The Reserve Bank of India (RBI) has reported that 98.12 per cent of Rs 2000 notes in circulation as of May 19, 2023, have been returned to the banking system following the RBI’s withdrawal announcement.