Reserve Bank of India

Only 1.69 pc of Rs 2,000 banknotes worth Rs 6,017 crore yet to return to RBI: Minister
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Only 1.69 pc of Rs 2,000 banknotes worth Rs 6,017 crore yet to return to RBI: Minister

Only 1.69 per cent of the Rs 2,000 banknotes were yet to be returned to the Reserve Bank of India…
RBI may cut repo rate if GDP further declines
Business

RBI may cut repo rate if GDP further declines

The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls…
Banks to clear cheques within few hours starting October 4: RBI
Business

Banks to clear cheques within few hours starting October 4: RBI

The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October…
India’s CPI inflation plunges to 8-year low of 1.55 pc
Business

India’s CPI inflation plunges to 8-year low of 1.55 pc

India’s inflation rate based on the Consumer Price Index (CPI) eased further to 1.55 per cent in July this year,…
Banks free to decide on minimum account balance: RBI Governor on ICICI Bank hike
Business

Banks free to decide on minimum account balance: RBI Governor on ICICI Bank hike

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the minimum balance limit for saving accounts will…
RBI deputy governor bats for financial literacy alongside banking access
Business

RBI deputy governor bats for financial literacy alongside banking access

Reserve Bank of India (RBI) Deputy Governor Swaminathan Janakiraman on Saturday highlighted that true financial inclusion goes beyond expanding banking…
About 54 crore loans worth over Rs 35 lakh crore sanctioned under MUDRA scheme: Centre
News

About 54 crore loans worth over Rs 35 lakh crore sanctioned under MUDRA scheme: Centre

Since its inception, 53.85 crore loans amounting to over Rs 35.13 lakh crore have been sanctioned under the Pradhan Mantri…
3-day RBI MPC begins, economists suggest 25 bps cut to mitigate impact of US tariffs
Business

3-day RBI MPC begins, economists suggest 25 bps cut to mitigate impact of US tariffs

The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the…
India sees over 65,000 crore digital transactions worth Rs 12,000 lakh crore in last 6 fiscals
Business

India sees over 65,000 crore digital transactions worth Rs 12,000 lakh crore in last 6 fiscals

Over 65,000 crore digital transactions have taken place in the last six financial years (FY20 to FY25), amounting to more…
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