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AA Edit | Steepest Rate Cut in 5 Years to Boost Demand, Growth

AA Edit | Steepest Rate Cut in 5 Years to Boost Demand, Growth

This is the steepest rate cut since May 2020, when the MPC lowered the rate by 75 basis points to fight the...

7 Jun 2025 12:45 AM IST

Rupee Touches 7 Month High But Closes Weaker on RBI $ Buying

Rupee Touches 7 Month High But Closes Weaker on RBI $ Buying

Rupee hits 7-month high at 83.75 before RBI steps in with dollar buys; ends at 84.51 amid defense payments, volatility...

2 May 2025 10:49 PM IST

Rupee Ends At 5 Month High On Foreign Fund Inflows & RBI Absence

Rupee Ends At 5 Month High On Foreign Fund Inflows & RBI Absence

The Indian rupee surged to a five month high on Wednesday closing 72 paise up at 84.49 to a dollar spurred by foreign...

1 May 2025 1:22 AM IST

SBI cuts lending and deposit rates

SBI cuts lending and deposit rates

Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has...

15 April 2025 12:33 AM IST

People stood in long queues outside banks, ATMs.

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

AA Edit | Will RBI tweak inflation focus?

AA Edit | Will RBI tweak inflation focus?

The appointment of Sanjay Malhotra as the new RBI governor continues the long-standing tradition of IAS...

11 Dec 2024 3:46 AM IST

Reserve Bank of India

Note ban: 460 bank officials punished

Addressing a press conference, he said the commission acted on all such complaints of corruption and took necessary...

27 Oct 2017 1:03 AM IST

Reserve Bank of India

Additional Rs 40,000 crore NPAs may come to haunt banks

According to estimates, total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

23 Oct 2017 4:34 AM IST

Reserve bank of India

RBI may not cut rate in near term, says Experts

MPC minutes show RBI's focus on containing inflation.

21 Oct 2017 4:11 AM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Consumer inflation holds steady in September, chances of rate cut...

Chances of policy rate cut by the Monetary Policy Committee as the RBI expects inflation to rise in coming months.

13 Oct 2017 11:24 AM IST

Prime Minister Narendra Modi addresses during the inauguration of the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India at Vigyan Bhavan in New Delhi. (Photo: PTI)

Why no stimulus?

Government spending is a cheaper alternative as it has access to low-cost funds and doesn't have to answer to...

13 Oct 2017 12:58 AM IST

RBI governor Urjit Patel

RBI panel pushes new rules so lenders pass on rate cuts more quickly

The RBI has cut its policy rate by a total of 200 basis points from January 2015 to August 2017.

5 Oct 2017 5:44 PM IST