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Will 500 Rupee Notes Be Phased Out by 2026? Government Issues Clear and Firm Denial

Recently, a video has gone viral on social media that claims that 500 rupee notes will start closing from March 2025 and will be completely discontinued by 2026....
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Big Change in Bank FDs: RBI Eyes Sub-7-Day Deposits After 21 Years

The Reserve Bank of India is set to revolutionize fixed deposit rules, proposing to allow bank FDs with maturities of less than seven days for the first time since 2004. ...
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Ruckus Over Kannada Snub: CM Siddaramaiah Warns- Won’t Tolerate Disrespect Towards Local Language

Karnataka Chief Minister Siddaramaiah has strongly condemned the case of refusal to communicate in the Kannada language by the manager of a government bank branch in Ankal Taluk....
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RBI cuts repo rate to 6%: A boost to economic growth

The Reserve Bank of India's Monetary Policy Committee, which has six members, reduced the policy rate by 25 basis points to 6% from 6.25%. This is the second successive rate cut since May 2020.It is a step to increase economic growth amid slowdown....
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RBI's Upcoming Monetary Policy Meeting: Expect a Rate Cut

The Reserve Bank of India (RBI) is set to announce its monetary policy review on April 9, 2025, and experts predict a 0.25% reduction in the repo rate, bringing it down to 6.00%. This move is expected to boost economic growth and provide relief to borrowers....
Bank

Eid Off Denied: Bank Employees Gear Up for March 31 Deadline

Bank employees across India hoping to celebrate Eid with a day off have been dealt a tough blow as the Reserve Bank of India has scrapped the holiday,...
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RBI Hikes ATM Withdrawal Fees: Check New Charges for Different Services

In a move that could affect millions of bank customers, the Reserve Bank of India (RBI) has announced a hike in ATM withdrawal fees. The revised charg...
Kerala Congress reacts after Preity Zinta

Congress under fire: Preity Zinta refutes Rs 18 crore loan allegations

Preity Zinta refutes Kerala Congress allegations of a loan write-off, sparking a heated exchange over misinformation and political motives....
Budget 2025

RBI Chief praises budget: Tax relief won't inflate prices, says Sanjay Malhotra

RBI Governor Sanjay Malhotra praises the Union Budget for FY26, asserting that tax relief for the middle class will not significantly impact inflation...
RBI

Experts believe RBI's rate cut to ease interest costs, support growth

The RBI cuts the repo rate by 25 bps to 6.25%, the first in five years, aiming to boost economic growth and housing demand, but concerns about inflati...
RBI Governor Sanjay Malhotra

RBI strengthens penalty rules under payment systems law

Earlier, the RBI was empowered to impose a penalty not exceeding Rs 5 lakh....
Sanjay Malhotra Takes Charge Of RBI.

New era is here! Sanjay Malhotra appointed as new RBI governor amid economic challenges

New Delhi: The transition in leadership at the RBI is closely watched by economists and market participants alike. Malhotra's approach towards interes...
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Sensex reaches historic high of 84,928; Nifty closes at 25,939 in record stock market surge

The market's bullish momentum was largely influenced by anticipation surrounding the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) mee...
Indian rupee fell to an all-time low

Why is Indian Rupee at lifetime-low despite weak US Dollar?

Analysts suggest that ongoing intervention by the RBI will be key to managing the currency’s value in the short term, but further weakness could be ...
Hack threat alert from RBI

New hacking threat alert from RBI: What you need to know to stay secure

The RBI has alerted the public about a new type of fraud being used by hackers to deceive users. Consequently, people have been advised to be vigilant...

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