Bank Holiday: The Delhi Assembly election is scheduled to be held on Feb 5 by the Election Commission of India. Many people are curious about whether there will be a bank holiday in Delhi today
Over 70 per cent of respondents, 45 of 62, in a Jan. 22-30 Reuters poll forecast the RBI would cut its key repo rate by 25 basis points to 6.25 per cet at the conclusion of its Feb. 5-7 meeting
The report predicts that the RBI could cut the repo rate by 25 basis points in its February 2025 policy meeting, with a total reduction of at least 75 basis points over the entire easing cycle
RBI Monetary Policy: With the Union Budget for FY-2026 behind us, the focus now shifts to the next big event on the horizon - the Monetary Policy Committee's (MPC) final meeting for FY-2025 on Feb 7
But monetary policy decisions are complex and there is merit in assessing the "right time" while weighing the cost and benefits of such moves
Domestic equity losses limited but rupee expected to decline further; all eyes on MPC now
RBI buys or sells dollars in the FX forward market when it does not want its spot intervention to affect domestic liquidity and/or to maintain headline forex reserves
As the RBI takes steps to address both short-term and durable liquidity concerns, the focus now shifts to whether these measures can create the right conditions for rate cut transmission
Despite the doubling in the government's debt sales since the pandemic, robust demand from long-term investors, like pension funds and insurance companies, has helped absorb supply
From nuclear power generation to agri reforms, from a noisy middle class to central bank's moves on interest rates, the government must jump over many obstacles to achieve its objectives
The RBI's report on private investments highlighted that investment intentions increased to Rs 2.45 lakh crore for FY25, compared to Rs 1.6 lakh crore for FY24
Among the most-watched moves pertaining to the banking sector will be possible changes to the RBI Act, the Banking Regulation Act and the Banking Companies Act
Complaints about mobile or e-banking form majority of those received by the RBI ombudsman against banks
In its Feb 1 budget, the government is not expected to increase infrastructure spending, a main driver of growth in past years, leaving the onus on the RBI to revive the $4 trillion economy
Mint Road positions these entities as the cornerstone of compliance, but will the numerous voices unite the sector or create conflict?
One major benefit of becoming a universal bank is that public perception will change
The economy is very strong and on sound footing and we, as banks, typically mirror the economy
RBI's punitive actions over the last year have encompassed both banks and non-banks
Earlier, the RBI was empowered to impose a penalty not exceeding Rs 5 lakh
A list of bank holidays in February 2025 has been released by the Reserve Bank of India (RBI). Due to regional festivals, banks will be closed for 14 days next month