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RBI Supersedes New India Co-Operative Bank’s Board for 12 MonthsEconomy
RBI Supersedes New India Co-Operative Bank’s Board for 12 Months

RBI has taken control of New India Co-operative Bank, citing poor governance, and imposed withdrawal limits, sparking...

15 Feb 2025 12:57 AM IST

State Bank of India hikes home loan rates by up to 30 basis points; other lenders may follow suit. (PTI Photo)Current Affairs
Home, Car Loans Get Cheaper as Banks Cut Lending Rates

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely...

12 Feb 2025 10:51 PM IST

RBI’s aggressive dollar sales helps rupee recoverEconomy
RBI’s aggressive dollar sales helps rupee recover

FII selling exerts pressure on Indian currency

12 Feb 2025 12:06 AM IST

RBI rate cut cycle to be shallow say economistsCurrent Affairs
RBI rate cut cycle to be shallow say economists

The RBI decided to stick to its “neutral” stance, acknowledging that the global atmosphere remains uncertain due to...

9 Feb 2025 9:34 PM IST

RBI Defers LCR Norms by a YearEconomy
RBI Defers LCR Norms by a Year

RBI governor says March 2025 deadline does not give sufficient time for the implementation of guidelines

8 Feb 2025 1:11 AM IST

India can certainly achieve 7% plus growth rate says RBI’s New Governor Sanjay MalhotraNation
India can certainly achieve 7% plus growth rate says RBI’s New...

Reserve Bank of India’s (RBI) new governor Sanjay Malhotra on Friday said that India can achieve a 7 per cent plus...

7 Feb 2025 10:56 PM IST

Double bonanza for salaried class, RBI cuts rate after 5 yearsBusiness
Double bonanza for salaried class, RBI cuts rate after 5 years

The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and...

7 Feb 2025 10:03 PM IST

Reserve Bank of India (RBI) sets out proposals for tighter governance at banks. (PTI Photo)Current Affairs
Double Bonanza for Salaried Class, RBI Cuts Repo Rate After 5 Years

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the...

7 Feb 2025 9:18 PM IST

RBI May Deliver a Rate Cut After Five YearsBusiness
RBI May Deliver a Rate Cut After Five Years

India's economic growth is projected to decline to 6.4% in FY25, its lowest in four years, largely due to a potential...

5 Feb 2025 9:53 PM IST

FDI limit for Insurance sector to be raised to 100% from 74%Nation
FDI limit for Insurance sector to be raised to 100% from 74%

The FDI limit in insurance was introduced in 2000 with a cap of 26 per cent. This was gradually raised to 49 per cent in...

1 Feb 2025 11:46 PM IST

TDS limit for senior citizens doubled to Rs 1 lakhBusiness
TDS limit for senior citizens doubled to Rs 1 lakh

Currently, both TDS and TCS are being applied on any transaction relating to the sale of goods.

1 Feb 2025 11:24 PM IST

India’s Financial Sector Seeing Diverse Cyber ThreatsCurrent Affairs
India’s Financial Sector Seeing Diverse Cyber Threats

IMF's April 2024 Global Financial Stability Report, cyberattacks have resulted in extreme financial losses, which have...

1 Feb 2025 1:14 AM IST

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