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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.
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Bank Holidays 2025: Is Your Bank Open Today? Check April's Holiday Schedule
Banks in most states will remain open on April 1, 2025, but some states will observe holidays due to annual account closing, festivals, and regional celebrations, affecting banking services except online banking.
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RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
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RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
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ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
-
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.
-
Bank Holidays 2025: Is Your Bank Open Today? Check April's Holiday Schedule
Banks in most states will remain open on April 1, 2025, but some states will observe holidays due to annual account closing, festivals, and regional celebrations, affecting banking services except online banking.
-
RBI Allows Banks To Hike ATM Cash Withdrawal Charges By Rs 2 To Rs 23
The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.
-
Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
India Set To Double Investment Limit For Foreign Individuals: Report
RBI is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.
-
RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
-
ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
