The Monetary Policy Committee (MPC) of the Reserve Bank may keep the repo rate — its key lending rate — unchanged at...
India’s gold reserves rose $296 million to $46.338 billion during the week ended November 24, while the special drawing rights (SDRs) were...
The Reserve Bank of India (RBI) has confirmed that the banking system has reabsorbed a significant 97.26% of ₹2,000 banknotes that were...
The feel-good cheer, however, ends with headline number as the sub-components of GDP made uneven contributions. It was indeed a surprise. India’s...
“The Rs 2,000 bank notes continue to be legal tender,” the RBI added. People can deposit and/or exchange Rs 2,000 bank notes...
The Reserve Bank on Thursday said it has imposed a penalty of Rs 10,000 each on Bank of America, N.A. and HDFC...
India’s manufacturing sector experienced an uptick in growth during November, rebounding from a recent slowdown, according to the Manufacturing Purchasing Managers’ Index...
Bank lending rates rose sequentially at a faster pace than their deposit rates in October,data released by RBI indicates. While lending rates...
The Reserve Bank of India (RBI) recently directed banks and non-banking financial companies (NBFCs) to increase the risk weights for consumer credit...
Here are 5 financial and tech rules changing in December 2023 and implications on your finances. New Delhi: Several rules pertaining to...