Page 23 of RBI

RBI, RBI governor, banks, banking fraud, digital frauds, cybersecurity, banking sector, private banks, public sector banks

New frontier, new approach: RBI Governor signals being open to more flexible rupee, says Bloomberg report

RBI Governor Sanjay Malhotra is showing a willingness to allow the rupee to move more freely in tandem with peers…

January 14, 2025 16:13 IST

Bank Holiday, Bank Holiday Today, Are Bank Closed Today, List of Bank Holiday 2025, Bank Holiday January 2025

Are banks closed today and tomorrow for Lohri, Makar Sankranti? Details inside

Bank Holiday Today: Per Reserve Bank of India’s (RBI) holiday calendar, banks across the country will remain open today, however,…

January 13, 2025 10:34 IST

SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses

A “viable mechanism” is needed to ensure that the funds are used for the intended purposes, Setty said in remarks…

January 10, 2025 14:46 IST

RBI, RBI MPC, rate cut, repo rate, interest rate, growth, GDP, inflation, forex reserves, currency intervention, CRR

KredX becomes 5th operator of RBI’s TReDS after RXIL, M1xchange, Invoicemart, C2treds

The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice…

January 9, 2025 15:53 IST

RBI MPC Meeting, RBI MPC Meeting February: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) will start its three-day meeting on February 5.

RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion

The programme is currently inviting applications from startups working on gender-inclusive financial solutions, targeting those with a demonstrable minimum viable…

January 9, 2025 11:23 IST

RBI approves HDFC Bank’s stake acquisition in AU Small Finance Bank. (Image Source: PTI)

HDFC Bank secures RBI nod to acquire 9.5% stake in AU Small Finance Bank

AU Small Finance Bank has received approval from the RBI for HDFC Bank and its group entities to acquire up…

January 4, 2025 12:17 IST

Bank credit to MSMEs 15% of non-food credit in November: RBI data

Bank credit to MSMEs 15% of non-food credit: RBI data

Credit deployed to MSMEs in November was 15.5 per cent of Rs 170 lakh crore in non-food credit of scheduled…

January 3, 2025 16:18 IST

RBI’s new initiative to prevent incorrect RTGS and NEFT fund transfers

The Reserve Bank of India has announced a new initiative to introduce a beneficiary account name look-up facility for RTGS…

January 2, 2025 16:11 IST

bank holidays, banking sector, banks, RBI, holiday list, banking services

Bank Holidays January 2025: Are banks shut on Jan 14? Here is a state-wise list of bank holidays in January

January includes festivals like New Year’s Day, Sri Guru Gobind Singh’s Birthday and Makar Sankranti.

January 2, 2025 11:38 IST

household debt, credit, indian household debt, rbi report, rbi, economy

Indian household debt rising but relatively low compared to other emerging markets, says RBI

Interestingly, the report noted that nearly two-thirds of the loan portfolio belongs to borrowers with prime or higher credit quality.

December 31, 2024 09:33 IST

Why this RBI meeting has everyone talking: 3 key points

RBI Governor Sanjay Malhotra projects bright economic outlook for 2025 amid criticism

Although India experienced a slowdown in the first half of the financial year, RBI Governor Sanjay Malhotra expects the economy…

December 30, 2024 17:28 IST

How much loan RBI’s UPI-like lending platform has disbursed in its pilot?

The ULI (earlier called Public Tech Platform for Frictionless Credit) is a digital public infrastructure in the lending space, which…

December 30, 2024 14:27 IST

Will RBI block your bank account? Here’s what you need to know

Does RBI contact the public through unsolicited phone calls or emails to intimidate them regarding their bank account getting blocked?

December 27, 2024 11:08 IST

Das pitched for inflation-growth balance at his last MPC meet

Lower inflation will enhance households’ disposable income and increase their purchasing power and this approach would support consumption and investment…

Updated: December 21, 2024 13:21 IST

Indian rupee depreciated to new all-time low

Rupee depreciates 0.7% so far in December, RBI intervention capped volatility, says CareEdge Ratings

We expect the rupee to trade between 84.5 and 85.5 in the near term. Elevated US yields and a strong…

December 19, 2024 22:06 IST

The Reserve Bank of India (RBI) on Tuesday lifted the restrictions imposed on two Edelweiss Group entities. (Image Source: PTI)

RBI Lifts Restrictions on Edelweiss Group’s ECL Finance and ARC

The restrictions were originally placed on May 29, 2024, due to regulatory concerns. However, both entities have now taken the…

December 17, 2024 21:47 IST

Punjab National Bank, CoC, JSW-Bhushan case, JSW Steel, Supreme Court, resolution plan, Insolvency and Bankruptcy Code, banking sector

PNB launches campaign to revive dormant accounts – Here’s how to reactivate your inoperative account

Dormant or inoperative account refers to an account in which no customer induced transaction has been done for more than…

December 16, 2024 18:34 IST

No proposal under consideration to extend MSME NPA classification from 90 days: MSME Min

Extending the classification period to 180 days has been a long-standing demand of the MSME sector as a number of…

December 16, 2024 13:19 IST

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India–EU FTA talks to resume today

Economy-585 min ago

India and the EU are working towards finalizing their Free Trade Agreement by December 2025. However, the last round of talks showed little progress in sensitive areas like automobiles and agriculture, with the EU pushing for reduced import duties and a carbon tax. The FTA covers 23 policy areas, including trade, investment, and intellectual property.

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