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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.
RBI
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.
RBI
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.
RBI
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).
RBI
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.
Canara Bank
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.
Kotak Bank
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.
RBI
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.
RBI rate cut
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.
India
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.
RBI
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.
RBI
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.
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