Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
The Reserve Bank of India has decided to add an additional layer of security for customers who use their cards to make online ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
Banks will observe several regional holidays in February. Customers can use digital banking services for various financial and non-financial transactions. Check the state-wise holiday calendar for ...
The Reserve Bank of India (RBI) on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Unveiling the ...
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
RBI to review trading and settlement timings for efficient price discovery and liquidity optimization in financial markets.
Moreover, the Reserve Bank of India announced no new liquidity measures that might have given markets a stronger boost, such ...
On Friday, the Reserve Bank of India (RBI) cut interest rates by 25 basis points, taking the benchmark repo rate to 6.25 per cent. The decision of the Monetary Policy Committee (MPC)—first time under ...
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...