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RBI Response to ADSEI Representation Is Morale Booster For Direct Selling IndustryBusiness
RBI Response to ADSEI Representation Is Morale Booster For Direct...

The RBI, in its communication, further stated that it did not mandate banks to put restrictions or denial of opening of...

9 April 2025 6:01 PM IST

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1Business
ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

The RBI, in its notification, said that the ATM interchange fee—the charge a bank pays to another bank for offering ATM...

29 March 2025 2:15 AM IST

Modi banks on households to rein in a $346 billion debt pileEconomy
Modi banks on households to rein in a $346 billion debt pile

A record 29.7 trillion rupees of sovereign bonds are due over the next five years, a result of pandemic-era borrowing...

26 March 2025 10:17 AM IST

RBI issues revised priority sector lending norms effective April 1Business
RBI issues revised priority sector lending norms effective April 1

The revised norms also expanded the list of eligible borrowers under the category of 'Weaker Sections', along with the...

25 March 2025 9:10 AM IST

RBI Gov asks lenders to create a pool of bankable green projectsBusiness
RBI Gov asks lenders to create a pool of bankable green projects

he Reserve Bank of India (RBI) plans to set up a edicated 'on Tap' cohort on climate change risks and sustainable...

13 March 2025 10:44 PM IST

98.18 per cent of Rs 2000 notes returned: RBIBusiness
98.18 per cent of Rs 2000 notes returned: RBI

On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from...

1 March 2025 2:23 PM IST

Bombay HC Directs Anil Ambani to Approach RBI in Loan Fraud Classification CaseLegal Affairs
Bombay HC Directs Anil Ambani to Approach RBI in Loan Fraud...

Court directs Ambani to approach RBI, seeks Union Bank’s response on fraud tagging of loan account

28 Feb 2025 10:06 PM IST

Centre Slashes Telangana Loans by Rs 7,000 Crore in Feb After State Govt Breaches FRBM LimitTelangana
Centre Slashes Telangana Loans by Rs 7,000 Crore in Feb After State...

The state faces financial strain as borrowing requests were cut from Rs 10,000 to Rs 3,000 crore for February.

27 Feb 2025 12:09 AM IST

RBI Financial Literacy Week Event at Chakali Ilamma UniversityTelangana
RBI Financial Literacy Week Event at Chakali Ilamma University

Patnaik said financial literacy among women would result in prosperity of the family and institutions in society.

24 Feb 2025 9:21 PM IST

Gov looking at raising Deposit Insurance CoverNation
Gov looking at raising Deposit Insurance Cover

The government is actively considering raising the deposit insurance limit beyond the current Rs 5 lakh, M Nagaraju...

17 Feb 2025 9:51 PM IST

RBI Uses Gold Reserves to Minimise Currency VolatilityTamil Nadu
RBI Uses Gold Reserves to Minimise Currency Volatility

RBI buys 73 tonnes of gold in 2024, diversifying reserves. India’s gold stock is now at 876.18 tonnes, with $70.89B in...

13 Feb 2025 11:56 PM 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

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