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  India's forex reserve jumps by USD 4.758 billion to USD 640.479 billion

  Business | February 28, 2025 18:25 IST

  The reserves have been on a declining trend for the past several weeks due to revaluation along with forex market interventions by RBI to help reduce volatility in the rupee.

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  RBI imposes over Rs 60 lakh penalty on these two banks: Check names and reason

  Business | February 14, 2025 19:47 IST

  The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the lenders with their customers, according to three separate statements issued by RBI.

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  RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates

  Business | February 11, 2025 14:50 IST

  SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not decrease immediately as banks assess credit demand. Know more on how RBI’s monetary policy impacts deposit and lending rates.

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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 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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  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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  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.

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  RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent

  Business | December 30, 2024 19:07 IST

  The Reserve Bank of India has released its Financial Stability Report (FSR) expressing optimism about the economy in the near future. It also revealed facts about NPA, the condition of Scheduled Commercial banks and inflation.

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  Attention Bank account holders: These type of accounts will be closed from January 1

  December 30, 2024 16:48 IST

  As 2025 approaches, the Reserve Bank of India is making efforts to minimise the burden on the banking system while ensuring enhanced cyber and financial security. Accordingly, it has issued a direction to close some of the accounts. Check if your account is one among them.

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  Bank holidays in January 2025: Banks to remain shut on these dates | Check full list

  Business | December 29, 2024 18:01 IST

  Bank holidays in January 2025: As per the instructions of Reserve Bank of India, banks will remain closed on all public holidays and some regional holidays depending on the particular state. Regional holidays are decided by the state government.

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  India's forex reserves drop by USD 8.478 billion to USD 644.391 billion

  Business | December 27, 2024 18:56 IST

  RBI said that gold reserves decreased by USD 2.33 billion to USD 65.726 billion during the week.

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  RBI forms 8-member panel on ethical use of AI in financial sector: Check all important details

  Business | December 26, 2024 17:16 IST

  Headed by IIT Bombay professor Pushpak Bhattacharyya (Department of Computer Science and Engineering), the panel will assess the current level of adoption of AI in financial services, globally as well as in India.

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  Bank holiday today: Are banks open on Saturday, December 21? Here’s what to know

  December 21, 2024 8:40 IST

  Banks remain closed on second and fourth Saturdays and Sundays as per RBI rules. However, today, December 21, a third Saturday, banks will remain open nationwide. Know about upcoming bank holidays in December 2024, tips for checking state-specific holidays, and options for completing financial task.

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  Reserve Bank of India gets 'bomb threat' email, police begin investigation

  India | December 13, 2024 10:11 IST

  Following the incident, an FIR was filed at the Mata Ramabai Ambedkar (MRA) Marg Police Station against unidentified individuals.

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  Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

  Business | December 11, 2024 7:06 IST

  IAS officer Sanjay Malhotra has been appointed as the 26th RBI Governor, succeeding Shaktikanta Das. With inflation at 6.2 per cent and GDP growth slowing, Malhotra faces critical decisions on India’s monetary policy.

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  Shaktikanta Das: Six major policy decisions in six years as RBI Governor

  Business | December 10, 2024 14:52 IST

  Shaktikanta Das, the outgoing RBI Governor, made six pivotal policy decisions during his tenure, from navigating the COVID-19 crisis to introducing India’s Digital Rupee. Know about his lasting impact on India’s economic landscape.