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Repo rate unchanged at 5.5%: RBI Governor Sanjay Malhotra

After a three-day long RBI MPC Meeting, RBI kept the repo rate unchanged at 5.5 per cent, while the monetary policy remains “neutral.” ...
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Bank Holiday Today: Which States Are Observing Eid-e-Milad and Onam, See Complete RBI List

Today, when people go to the bank in many parts of the country, they may find closed shutters. The reason is that festivals like Eid-e-Milad and Onam are being celebrated today....
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India's treasury got huge wealth; this is the condition of poor Pakistan

Good news has come once again from the Reserve Bank of India. In the week ending on August 15, India's foreign exchange reserves have increased by $1.48 billion to $695.10 billion....
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India’s Forex Reserves Soar to $693.6 Billion, Closing in on Record High

The reserves remain close to the all-time high of USD 704.89 billion. RBI Governor Sanjay Malhotra said the reserves are sufficient to cover 11 months of imports....
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Centre Raises ₹27,000 Crore Through Bond Auction; States Mobilise ₹26,900 Crore via SGS

Maharashtra led with ₹6,000 crore, while Andhra Pradesh, Uttar Pradesh, and others also contributed significant amounts....
RBI: States and UTs to Borrow Rs 2.86 Lakh Crore in Q2 — What This Means for Economy

RBI: States and UTs to Borrow Rs 2.86 Lakh Crore in Q2 — What This Means for Economy

The plan includes Rs 18,100 crore borrowing on July 1 by 10 states, and contributes to the Rs 8 lakh crore borrowing target for the first half of FY 2...
500 Rupees

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 discontinu...
RBI

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 fir...
Karnataka CM Siddaramaiah

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...
RBI

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...
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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...
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,...
woman using ATM

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...

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