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RBI Fines ICICI, Axis, 3 Other Key Banks Over Lack Of Regulatory Compliances
A penalty of Rs 31.80 lakh was imposed on Bank of Maharashtra for non-compliance with certain directions on KYC.
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ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
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Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know
Banks across India will be closed for three consecutive days from April 29 to May 1, 2025, due to regional holidays. Digital services will remain operational.
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RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
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Bank Holiday On Good Friday 2025: Banks Closed In Most States, Digital Services Available
Good Friday Bank Holiday: Banks will be closed in most major regions on April 18, 2025 except Tripura, Assam, Rajasthan, Jammu, Himachal Pradesh, Chandigarh and Srinagar.
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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
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RBI Cuts GDP Growth Forecast To 6.5% For 2025-26
Investment activity has gained traction and it is expected to improve further on the back of sustained higher capacity utilisation.
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RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
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"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
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RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
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Sensex, Nifty Open In Red Ahead Of Repo Rate Announcement
Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector.
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Mahavir Jayanti 2025: Will Banks Be Closed On April 9 Or April 10?
Mahavir Jayanti 2025: As per the RBI holiday list, banks will be closed on April 10 for Mahavir Jayanti. However, this is not a nationwide closure.
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An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
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Who Is Poonam Gupta? All About New RBI Deputy Governor
Poonam Gupta's appointment as RBI Deputy Governor comes ahead of the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
-
RBI Fines ICICI, Axis, 3 Other Key Banks Over Lack Of Regulatory Compliances
A penalty of Rs 31.80 lakh was imposed on Bank of Maharashtra for non-compliance with certain directions on KYC.
-
ATM Cash Withdrawals To Cost More From Today, Check New Charges
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services.
-
Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know
Banks across India will be closed for three consecutive days from April 29 to May 1, 2025, due to regional holidays. Digital services will remain operational.
-
RBI Governor Sanjay Malhotra Asks US Industry To Invest In India
Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty.
-
RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
-
Bank Holiday On Good Friday 2025: Banks Closed In Most States, Digital Services Available
Good Friday Bank Holiday: Banks will be closed in most major regions on April 18, 2025 except Tripura, Assam, Rajasthan, Jammu, Himachal Pradesh, Chandigarh and Srinagar.
-
Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
-
RBI Cuts GDP Growth Forecast To 6.5% For 2025-26
Investment activity has gained traction and it is expected to improve further on the back of sustained higher capacity utilisation.
-
RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
-
"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
-
RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
-
Sensex, Nifty Open In Red Ahead Of Repo Rate Announcement
Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector.
-
Mahavir Jayanti 2025: Will Banks Be Closed On April 9 Or April 10?
Mahavir Jayanti 2025: As per the RBI holiday list, banks will be closed on April 10 for Mahavir Jayanti. However, this is not a nationwide closure.
-
An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
-
Who Is Poonam Gupta? All About New RBI Deputy Governor
Poonam Gupta's appointment as RBI Deputy Governor comes ahead of the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
