Tag: Reserve Bank of India

RBI nears closure on Rs.2,000 note withdrawal The Reserve Bank of India (RBI) on Friday said 98.47 percent of the Rs.2000 banknotes in circulation have...

Paytm Payments Bank shutdown: RBI pulls plug on licence The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank with...

Strong demand supports economy, but Middle East conflict may weigh on growth The World Bank has slightly raised India’s GDP growth forecast for FY27 to...

Central bank holds steady amid global uncertainty, projects GDP growth at 6.9% The Reserve Bank of India (RBI) has kept the repo rate unchanged at...

₹556 crore principal, ₹22 crore interest credited back; high-level probe ordered Haryana Chief Minister Nayab Singh Saini on Tuesday confirmed that the ₹578 crore siphoned...

India’s banking boom tests old rules India’s financial regulator is considering a sweeping overhaul of how it supervises banks, shifting away from traditional, ratio-driven inspections...

India set to end 2025 on strong economic footing: Government review India is on course to conclude 2025 as one of its strongest economic years...

Fixed deposit rates trimmed marginally; other tenors unchanged State Bank of India (SBI), the country’s largest lender, on Monday announced a reduction in its lending...

Loan write-offs, cyber frauds, export credit: Govt shares key banking data in LS Public sector banks have written off loans worth Rs.6.15 lakh crore in the...

Governor Sanjay Malhotra Announces Relief for borrowers The Reserve Bank of India (RBI) on Thursday announced a 25 basis-point cut in the repo rate, bringing...