Advertisement

RBI News

Reserve Bank of India

30 Apr 2025

RBI Approves Executive Committee To Oversee IndusInd Bank Operations

The move comes after IndusInd Bank’s Managing Director and CEO Sumant Kathpalia resigned from his post in connections with the derivatives accounting lapse that has eroded the private sector bank's net worth.

Sovereign gold bond

30 Apr 2025

Gold Bond Premature Redemption Falls On Akshaya Tritiya: Check Gold Rates

The Premature redemption of the SGB series coincides with Akshaya Tritiya, variously known as Akti or Akha Teej or Akshaya Trutiya, is considered to be one of the most auspicious days for Hindus.

Reserve Bank of India

30 Apr 2025

RBI Latest Guidelines For banks; asks them to use PRAVAAH portal from 1 May

RBI said that PRAVAAH portal must be used to submit any applications for authorisations, licenses, and approvals.

29 Apr 2025

RBI's Big Decision On Rs 100, Rs 200 Indian Banknotes; Asks Banks To...

RBI has in its latest notification said that by 30 September 2025, 75 percent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette.

29 Apr 2025

One State, One RRB: Check List Of 26 Rural Banks To Be Merged From May 1

One State, One RRB: Here Is The List Of 26 Regional Rural Banks To Be Merged Into Single Entity From May 1.

28 Apr 2025

RBI’s New ATM Rules From May 1, 2025: HDFC, PNB Bank Notify New Charges

New RBI Guidelines For ATM Transactions: The number of free transactions remains unchanged and continues to apply to savings account holders across all banks in India.

Sovereign gold bond

28 Apr 2025

Gold Bond Premature Redemption Series I 20-21: How Much Money Will You Get?

The Premature redemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA).

27 Apr 2025

India Is Ideal Investment Destination: RBI Governor Sanjay Malhotra

The RBI Governor pointed out that India offers a policy ecosystem that is transparent, rule-based, and forward-looking -- an ideal setting for long-term and productive investments.

25 Apr 2025

Good News For Canara Bank Home, Auto Loan Borrowers; Lending Rates Cut By...

Canara bank has reduced its Repo Linked Lending Rate (RLLR) by 25 basis points, following RBI's recent decision to slash key interest rates.

Sovereign gold bond

24 Apr 2025

Sovereign Gold Bond Premature Redemption Series IV, Series II Announced

The redemption price for premature redemption due on April 23, 2025, shall be Rs 9,669, RBI said.

Reserve Bank of India

22 Apr 2025

RBI Announces Amendments To Liquidity Coverage Ratio Framework

To give the banks adequate time to transition their systems to the new standards for LCR computation, the revised instructions shall become applicable w.e.f. April 01, 2026.

Reserve Bank of India

22 Apr 2025

Minors Over 10 Years Can Open, Operate Savings, Term Deposit A/c Independently

Reserve Bank of India has issued guidelines in the past to banks on opening of and operations in the deposit accounts of minors.

19 Apr 2025

Kotak Mahindra Bank Hikes ATM Transaction Charges From May 1: Check New Fees

Kotak Bank ATM Transaction Charges: It is important to note that the increased ATM charges will be applicable if the bank's customer exhaust his/her free ATM transactions limit in a month.

17 Apr 2025

RBI's Proposed Blended Interest Rates In Co-lending To Benefit Borrowers: ICRA

According to ICRA, as per the existing practice, borrowers are charged an all-inclusive interest rate as agreed upon by the lending partners.

16 Apr 2025

RBI May Cut Rates By 50 Bps In June And August, Says SBI Research

The CPI inflation moderated to 3.34 per cent in March 2025, a 67-month low due to a sharp correction in food inflation.

16 Apr 2025

India's CPI Inflation To Average 4.3 Per Cent This Fiscal: Crisil

The moderation was driven by record low core inflation at 3.5 per cent (vs 4.3 per cent in fiscal 2024), while food inflation was volatile and high at 7.3 per cent (vs 7.5 per cent).

savings account

16 Apr 2025

How Much Money Can You Deposit In Savings A/c? What Is Single Day Cash Limit?

The Reserve Bank of India (RBI) has clear guidelines on per day and per year savings account cash deposit. Though there is no limit to how much money you can keep in your savings account, you need to know the official requirements.

15 Apr 2025

Top Banks That Have Reduced Lending Rates Since Last Week --Old Vs New Rates

A week after RBI's rate cut announcement, several banks have also reduced their lending rates that will have a positive impact on the common borrowers.

15 Apr 2025

RBI To Buy Govt Bonds Worth Rs 40,000 Crore On April 17

The move aims to manage evolving liquidity conditions in the financial system, the central bank said in an official statement.

Reserve Bank of India

15 Apr 2025

Banks To Pay 8% Interest Per Annum For Delay In Pension Disbursement

In a circular issued earlier this month (April 1), the RBI has said that pension paying banks should compensate the pensioner for delay in crediting pension/ arrears at a fixed interest rate of 8 percent per annum.

Loading...

NEWS ON ONE CLICK