Page 38 - Reserve Bank Of India

Bank retail credit witness sharp slowdown in FY25; drops to 11.6%

Reserve Bank of India data showed the overall bank credit growth declined to 11 per cent in FY25 from 20.11 per cent in FY24

After CEO exit, RBI okays IndusInd executives' panel to run the show

Analysts express reservation on appointment of a PSU banker as MD & CEO

February repo rate cut: Deposits rates inch up, lending rates fall

The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of scheduled commercial banks stood at 6.65 per cent in March 2025

ATM withdrawals to cost more after free limit from May 1

From May 1, ATM withdrawals beyond free limits will cost ₹23 per transaction, as RBI hikes the cap on bank charges.

List of bank holidays in May 2025: Check before planning a branch visit

Holidays in several states will see banks closed on some days, though ATMs and online services will be available

RBI approves interim leadership team after IndusInd CEO Kathpalia quits

IndusInd Bank CEO Sumant Kathpalia resigned after audit firm Grant Thornton found nearly ₹2,000 crore in losses related to the bank's derivatives portfolio

Bank holidays 2025: Are banks open on May 1st? Check the state-wise list

In celebration of Labour Day and Maharashtra Day, Indian stock markets, banks, and schools will all be closed on May 1, 2025. Workers' contributions are honoured on this official holiday

RBI has room for more rate cuts, but with caution, says rate panel member

Going forward, continuing policy easing - both rate cuts and liquidity infusions - could eventually alter the growth-inflation

Bank holidays in May 2025: 12-day state-wise schedule and key dates

In May 2025, banks are scheduled to remain shut for 12 days due to state-wise regional and national holidays. Check complete list here

IndusInd Bank up for 5th straight day; gains 41% from March low, here's why

Arun Khurana, deputy CEO of IndusInd Bank, has resigned with immediate effect, taking responsibility for the ₹1,960 crore losses due to incorrect accounting of internal derivative trades.

Rupee rallies to under 85 vs dollar intraday on strong equity inflows

RBI to conduct OMO to purchase Gsec worth ₹1.25 trillion

Norms on forwards likely to boost demand for 10-15-year state bonds

The yield spread between 10-year state bonds and the benchmark 10-year government bond stood at 29 basis points

IndusInd Bank's deputy CEO Arun Khurana resigns amid accounting blunder

Based on the findings of an external agency's probe, IndusInd has estimated an impact of 2.27% on its net worth as of December 2024

RBI ask banks to ensure ATMs dispense Rs 100, Rs 200 notes

The Reserve Bank of India on Monday asked banks to ensure that ATMs dispense Rs 100 or Rs 200 denomination notes to enhance the availability of these currency notes to the public. Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased manner. "As part of an endeavour towards enhancing public access to frequently used denominations of banknotes, it has been decided that all banks and White Label ATM Operators (WLAOs) shall ensure that their ATMs dispense Rs 100 and Rs 200 denomination banknotes on a regular basis...," the Reserve Bank of India (RBI) said in a circular. According to the circular, by September 30, 2025, 75 per cent of all ATMs (Automated Teller Machines) shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette. By March 31, 2026, 90 per cent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette.

Inherent risks in sustainable finance drive up lending costs: RBI's Rao

He noted that this prompts private sector investors and lenders to seek appropriate de-risking mechanisms

L&T Finance to increase commercial paper issuance amid softening rates

L&T Finance Ltd's total liabilities stood at Rs 92,247 crore in March 2025 as against Rs 86,161 crore in December 2024 and Rs 76,541 crore in March 2024

Banks set to meet investment needs of India Inc: RBI Guv Sanjay Malhotra

RBI governor says rupee's orderly movement reflects strong macro fundamentals

Debt mutual funds find their mother lode after mining market depths

Strike a rich vein after a tough three-year haul of ₹2.8 trillion in outflows

Stance change means possibilities of more rate cuts: MPC's Nagesh Kumar

Kumar says that the impact of reciprocal tariffs imposed by the United States (US) is mixed and there is fiscal space to support public expenditure

India's foreign exchange reserves rise by $8 billion to six-month high

The reserves had hit a record high of $705 billion in September 2024