Reserve Bank Of India
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Do you want better return than Fixed Deposits? | Here are some great options for you
Business | Mar 07, 2025, 11:21 PM ISTGold has always been considered the most reliable way to protect against inflation. You can invest in physical gold, gold ETFs or sovereign gold bonds.
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India's forex reserve jumps by USD 4.758 billion to USD 640.479 billion
Business | Feb 28, 2025, 06:25 PM ISTThe 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 | Feb 14, 2025, 07:47 PM ISTThe 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 | Feb 11, 2025, 02:50 PM ISTSBI 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 | Feb 07, 2025, 05:32 PM ISTA 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 | Feb 07, 2025, 08:16 AM ISTThe 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 | Feb 03, 2025, 05:11 PM ISTRBI 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 | Jan 08, 2025, 07:42 PM ISTThe 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 | Jan 06, 2025, 07:08 PM ISTAccording 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 | Jan 06, 2025, 09:29 AM ISTFact 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 | Jan 03, 2025, 02:13 PM ISTThis 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
Personal Finance | Jan 01, 2025, 06:50 PM ISTThe 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 | Dec 30, 2024, 07:07 PM ISTThe 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
Personal Finance | Dec 30, 2024, 04:48 PM ISTAs 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 | Dec 29, 2024, 06:01 PM ISTBank 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 | Dec 27, 2024, 06:56 PM ISTRBI 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 | Dec 26, 2024, 05:16 PM ISTHeaded 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
Personal Finance | Dec 21, 2024, 08:40 AM ISTBanks 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 | Dec 13, 2024, 10:11 AM ISTFollowing 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 | Dec 11, 2024, 07:06 AM ISTIAS 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.