Reserve Bank Of India

RBI has deferred Phase 2 of continuous cheque clearing to give banks more time, and modified presentation hours to 9 am-3 pm and confirmation hours to 9 am-7 pm

For Christmas Eve in 2025, banks in Mizoram, Nagaland, and Meghalaya will be closed on December 24. On December 25, however, all banks nationwide will observe a holiday in observance of Christmas

Developers say lower home loan rates after RBI repo rate cuts have improved affordability across major cities, supporting buyer confidence and housing sales momentum into 2026

India's inflation rate picked up in November from a record low in the previous month but stayed well below the central bank's 4% target

Unity Small Finance Bank has emerged as the winning bidder for Aviom India Housing Finance, but completion may take 3-4 months as key regulatory and creditor approvals are pending

The rupee remains Asia's worst-performing currency this year, hit by weak investment flows, steep U.S. tariffs and the lack of a US trade deal

Saugata Bhattacharya, external MPC member, spoke on the scope for further rate cuts and how the RBI's foreign exchange market interventions could influence the policy path going forward

India's forex reserves jumped by USD 1.689 billion to USD 688.949 billion during the week ended December 12, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves increased by USD 1.033 billion to USD 687.26 billion. For the week ended December 12, foreign currency assets, a major component of the reserves, increased by USD 906 million to USD 557.787 billion, according to the data. Expressed in dollar terms, the foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of the gold reserves increased by USD 758 million to USD 107.741 billion during the week, the RBI said. The Special Drawing Rights (SDRs) surged by USD 14 million to USD 18.745 billion, the apex bank said. India's reserve position with the IMF rose USD 11 million to USD 4.686 billion in the reporting week, according to the apex bank's data.

Goa was freed from Portuguese domination on December 19, 1961, and subsequently joined India. Notably, "Goa Liberation Day" commemorates the 451 years of Portuguese dominance in Goa

Net liquidity fell into deficit after seven weeks; net liquidity in the banking system was in a deficit of ₹68,586 crore on Wednesday

A high credit score is critical as it enables the borrower to secure the new loan at an attractive rate

Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions. The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month. "Reserve Bank of India (RBI) on December 17, 2025 has authorised Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited, to operate as a Payment Aggregator for Physical (offline) payments and Cross-Border transactions (both inward and outward), in addition to the online Payment Aggregator authorisation already granted by RBI on November 26, 2025, under the Payment and Settlement Systems Act, 2007, Paytm said in a regulatory filing. With the new license, PPSL now holds Payment Aggregator authorisations across online, offline, and cross-border segment

The Reserve Bank of India's (RBI) projections suggested rates "should remain low for a long period of time, governor said

Mishra said rupee is expected to average around 90 per dollar by June 2026 and weaken further to 92 per dollar by June 2027

The RBI has allowed HDFC Bank and its group firms to buy up to 9.5 per cent stake in IndusInd Bank within one year, as the private lender faces losses and governance issue

Lenders nudged to cut charges and maintain uniformity

Sankar highlighted that stablecoins do not serve any purpose that cannot be served by fiat money

Banks are slowing down fully online account opening after a rise in mule accounts and digital fraud; lenders are now adding in-person checks and branch visits to make customer verification stronger

The seeds of the Fragile-Five debacle were sown by the Reserve Bank of India buckling under political pressure and cutting rates in 2012 amid soaring fiscal deficits and untamed inflation

Rupee depreciated to a fresh all-time low as foreign outflows and uncertainty over the US-India trade deal pressured sentiment, while an RBI OMO purchase auction helped soften government bond yields