RBI
- Technology
Banks free to decide on minimum balance for savings accounts: RBI
Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for savings accounts and that it does not fall under the regulatory domain…
- Business
RBI proposes new rules for easier claim settlements of deceased customers
New Delhi: The Reserve Bank of India (RBI) has proposed new rules to make it easier and faster to settle claims on the bank accounts and lockers of customers who have passed…
- India
Indian stock market extends losses after RBI MPC decisions
Mumbai: Following the Reserve Bank of India’s (RBI) decision on Wednesday to maintain the repo rate at 5.50 per cent, the benchmark index Nifty 50 experienced a slight decline, falling below the…
- India
Jan Dhan account holders can complete re-KYC till Sept 30: RBI
New Delhi: RBI Governor Sanjay Malhotra announced on Wednesday that a large number of Pradhan Mantri Jan Dhan Yojana accounts have become due for re-KYC (Know Your Customer) updates, as the government’s…
- Stock Market
Nifty, Sensex open flat on Wednesday
Mumbai: The Indian equity benchmarks opened flat on Wednesday. Sensex gained 64 points or 0.08 per cent at 80,774 while Nifty edged up 16 points or 0.07 per cent to 24,665. Broad…
- Business
IndusInd Bank shares up after RBI approves Rajiv Anand as new MD and CEO
New Delhi: Shares of private lender IndusInd Bank went up on Tuesday, after the Reserve Bank of India (RBI) approved the appointment of Rajiv Anand as its new managing director and CEO.…
- Business
Three-day RBI MPC meeting begins on Monday
New Delhi: The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs —…
- Business
Number of Jan Dhan accounts crosses 55 crore: FM Sitharaman
New Delhi: The number of bank accounts for the poor under the Prime Minister’s Jan Dhan Yojana have crossed the 55 crore mark with “most of these accounts belonging to people who…
- Business
India’s forex reserves rise by USD 2.7 bn to USD 698.19 billion
Mumbai: India’s foreign exchange reserves increased by $2.7 billion to reach $698.19 billion for the week ending July 25, according to data released by the Reserve Bank of India (RBI) on Friday.…
- Technology
India completes 65,000 cr digital transactions worth Rs 12,000 lakh cr
New Delhi: Over 65,000 crore digital transactions have taken place in the last six financial years (FY20 to FY25), amounting to more than Rs 12,000 lakh crore, the Parliament was informed on…
- Business
India’s GDP to grow at 6.5 pc in FY26: Crisil
New Delhi: A Crisil report on Monday projected India’s gross domestic product (GDP) to grow at 6.5 per cent this fiscal (FY26), supported by improving domestic consumption, among other positive indicators. The…
- Business
India’s WPI inflation plunges into negative zone
New Delhi: India’s inflation based on the Wholesale Price Index (WPI) plummeted to the negative zone at 0.13 per cent in June for the first time this year as prices of food…
- Business
India projected to clock 6.8-7 pc growth in Q2: HSBC
New Delhi: India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the…
- Business
India will continue to be fastest growing economy: FM Sitharaman
New Delhi: India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up…
- Business
India embraces cashless revolution in last 11 years: Nirmala Sitharaman
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like unified payments interface (UPI). In the last 11 years, India…
