
Along with the RBI Governor, all five other members of the MPC had voted for retaining the short-term lending rate…
The Jan Vishwas (Amendment of Provisions) Bill, 2025, introduced in Lok Sabha, seeks to amend 355 provisions across 16 central…
Under the new system, each cheque will contain the ‘Item Expiry Time’ which indicates the latest time by which confirmation…
Bank Holiday on August 15 and 16: Banks in several states will remain closed from August 15 to 17 due…
The holders of Vostro accounts can invest in Indian government debt without registering as foreign portfolio investors, as overseas investors…
Ashok Leyland has announced that the Reserve Bank of India (RBI) has approved the merger of its subsidiary, Hinduja Leyland…
The Reserve Bank of India allows banks to open Special Rupee Vostro Accounts without prior approval, promoting INR-based global trade…
RBI’s draft circular for the simplification of the procedure for the settlement of claims in respect of deceased depositors will…
RBI removes prior approval requirement for banks to open Special Rupee Vostro Accounts (SRVAs), speeding up rupee-based trade settlements and…
According to the calculation, investors in the 2019-20 Series-IX, issued in September 2019 at Rs 4,070 per gram, will see…
India’s growth outlook faces fresh pressure after the US doubled tariffs on key exports to 50 per cent, a move…
The RBI’s new draft circular aims to streamline the claim settlement process for bank deposits and lockers after an account…
The application for this transition was submitted on September 3, 2024, under the RBI’s ‘on tap’ licensing guidelines (August 2016)…
The RBI’s new Non-Fund Based Credit Facilities Directions, 2025, will make it easier and cheaper for Indian corporates, SPVs, and…
Net interest margins of Indian banks declined in Q1 FY26 amid repo rate cuts and higher credit costs. Axis Securities…
The time limit for using the dry powder, however, will be short as the MPC decision came hours before US…
The RBI policy announcements today have been on expected lines. India may also get to offset the direct impact on…
The UPI system is currently free for users — with the cost for maintaining the payment infrastructure behind the service…