In a major development, the Reserve Bank of India (RBI) today announced round-the-clock availability of Real Time Gross Settlement System (RTGS). The...
Sudhakar Shanbhag The MPC unanimously chose to keep all policy rates unchanged stating that “while space for further monetary policy action is...
Priority Sector Lending (PSL) is a tool given by the RBI to the banks for providing a specified portion of the bank...
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday, during the Monetary Policy Committee press conference, made a big announcement pertaining...
Many banks have made changes in their interest rates over the last few days. If you are a Union Bank of India...
Good news for the home loan and car loan borrowers. The Reserve Bank of India (RBI) has announced reduction in the repo...
The country’s largest lender, State Bank of India (SBI), has slashed the interest rate on fixed deposits(FDs), also known as term deposits...
Shrugging off its inability to trim the repo — due to high inflation — Reserve Bank of India (RBI) on Thursday announced...
After slashing repo rate four times in a row this year to revive growth and investments, the Monetary Policy Committee (MPC) of...
Disappointed with the monetary policy committee’s (MPC) decision to keep the repo rate unchanged at 6.5%, the rupee on Friday crashed to...