This key measure could rise to 3 per cent by the end of March 2026 from a 12-year low of 2.6 per cent in September 2024 for ...
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How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
"Though secured lending is a much more cumbersome process because it requires physical verification and collateral checks." The RBI has repeatedly flagged heightened risks in the unsecured segment ...
Following remedial measures and assurances of regulatory adherence from the companies, the RBI stated it was satisfied with their compliance and has removed the curbs with immediate effect.
The thick Rs 5 coins were discontinued by the RBI due to economic concerns. The metal value of these coins exceeded their face value and hence they were widely smuggled to a neighbouring country There ...
Apart from deciding interest rates, the central bank wields humongous influence on various aspects of finance and the economy, which is why the RBI governor's position is such a big deal.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox. From our morning news briefing to a weekly Good News Newsletter, get the ...
RBI shifted its monetary stance to ‘neutral’ during the October policy meeting and reduced the Cash Reserve Ratio (CRR) by 50 basis points in December(Photo: AP) India’s retail inflation in ...
Mumbai: Following a string of online bomb threats in the country, the Reserve Bank of India (RBI) has received a bomb threat via email, second such incident in a month for the Central Bank. Apparently ...
The message was sent to the official email address of the RBI Governor on Thursday following which the authorities at the central bank alerted the police. The sender is yet to be identified.
Sanjay Malhotra takes charge at the Mint Street headquarters of the Reserve Bank of India (RBI) at a time when the country’s financial system and the economy in general are broadly charting a stable ...