RBI MPC reduced the repo rate by 25 basis points to 6 per cent, marking the second cut this year
RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties
RBI MPC April meet: The monetary policy committee is expected to do a second rate cut on April 9 and switch to an 'accommodative' stance. What does this mean?
SBM India estimates that up to Rs 2 trillion could be injected in the first half, adding to an unprecedented $80 billion already pumped in since January
Reserve Bank of India is scheduled to meet bank economists on April 3 to take feedback on proposed revisions
This decision comes after a comprehensive review of the scheme's performance and evolving market conditions
Effective April 1, banks will set aside less capital on loans to better-rated nonbanking financial companies
The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO purchases, FX swaps, and longer-duration variable rate repo auctions
On Thursday, February 20, 2025, all banks in these two Northeast states will be closed. Customers will be wondering why has the RBI granted banks a holiday?
Customers queued outside New India Cooperative Bank's branches in Mumbai on Friday seeking answers on the abrupt shut down of certain key services
The RBI accepted 28 bids, totaling $5.1 billion, in the auction and the premium cut-off was set at 96.81 paisa, slightly below the prevailing market level before the auction results were announced
Seeks qualitative details about lenders' operations
Complaints rise 32 per cent in FY24
More changes likely in liquidity management framework
Outstanding Certificate of Deposit issuances highest since 2012
In the September-November quarter of financial year 2025, Indians remitted $7.1 billion overseas, compared to $7.5 billion in the same period last year
Banks reluctant to lend in money markets amid tight liquidity conditions
The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct investment (FDI) in non-debt instruments
Certificate of Deposit rates increased by 20-30 basis points across tenures during the same period
RBI, in October, had imposed sanctions on Asirvad Microfinance, Arohan Financial Services, DMI Finance, and Flipkart co-founder Sachin Bansal's Navi Finserv