News

The Reserve Bank of India significantly increased its gold reserves by 57.5 tonnes in FY25 amidst global financial instability and rising gold prices. This acquisition, the second largest since ...
The Reserve Bank of India on Monday permitted banks to let minors above the age of 10 open and operate savings and term deposit accounts independently, reported news agency PTI. FILE PHOTO ...
The Reserve Bank of India (RBI) has further reduced the repo rate to 6% following the first Monetary Policy Committee meeting of FY26. This second consecutive rate cut aims to control inflation ...
The Reserve Bank of India has cut repo rate by 25 basis points, bringing it down to 6 per cent. This will reduce borrowing costs for banks and enable them to lend money to individual customers at ...
RBI Monetary Policy: Keeping some powder dry for global uncertainties and weather-related disruptions, the Reserve Bank of India (RBI) refrained from a deeper rate cut and announced the repo rate ...
The Reserve Bank of India (RBI) move to accumulate gold consistently as part of forex reserves management has paid off rich dividend with the yellow metal prices hitting a new high every passing day.
RBI Repo Rate News Highlights: The Reserve Bank of India (RBI) announced its first bi-monthly monetary policy of FY26 today, April 9. The meeting of the Monetary Policy Committee (MPC), headed by ...
The RBI has imposed monetary penalties on two banks — Indian Bank (₹1.60 crore) and Indian Overseas Bank (₹63.60 lakh) — and a non-banking finance company, Mahindra & Mahindra Financial ...
The Reserve Bank of India has issued revised instructions on opening and operation in the deposit accounts of minors. Minors of any age may be allowed to open and operate savings and term deposit ...
Sources indicate that the RBI is observing how banks are selling bad loans to ARCs—especially in cases involving large sums of money. There have been instances where ARCs have gone on to recover ...
Here are five things to know about the RBI’s just-launched WhatsApp channel: What is the RBI WhatsApp Channel for? Through its verified WhatsApp account, the RBI aims to make financial information ...
(Freepik) With banks reducing deposit rates, investing in RBI Floating Rate Savings Bonds is an ideal alternative, especially for senior citizens who depend on stable, regular income. The bonds ...