Reserve Bank of India
- India
Congress targets PM Modi over inflation
New Delhi: The Congress on Tuesday, October 13, took a swipe at the Centre over the rise in inflation, saying the government that came to power promising “achche din” is not only…
- Business
RBI hikes repo rate by 25 basis points to 5.5 pc
Mumbai: After nearly three-and-half years, the Reserve Bank of India on Wednesday, October 7, raised key benchmark policy rate by 25 basis points to 5.5 per cent in a bid to tame…
- Business
SC to hear plea against MDR on UPI payments above Rs 2,000
New Delhi: The Supreme Court will on Monday hear a plea challenging the Centre’s decision to impose a Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions of over Rs 2,000. Ending…
- India
Banks to remain open on Sunday in view of three day strike
New Delhi: All banks, including Regional Rural Banks, will remain open on Sunday, September 27, for the convenience of customers in view of a strike called by the United Forum of Bank…
- Business
No charges on UPI transactions up to Rs 2,000
New Delhi: The government has directed banks and payment system providers not to levy charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or on payments made through RuPay…
- India
India’s Q1 GDP grows 7.8 pc amid Iran war, leads global market
New Delhi: India’s economy grew at a faster-than-expected 7.8 per cent in the April-June quarter, showing resilience in the face of concerns that the war in Iran and resulting global economic uncertainty…
- India
RBI likely to hold repo rate at 5.25 pc: Report
New Delhi: The Reserve Bank of India (RBI) is likely to maintain its wait-and-watch approach and keep the repo rate unchanged at 5.25 per cent in upcoming monetary policy meetings as easing…
- India
India’s Q4 GDP expands 7.8 pc, taking full year growth to 7.7 pc
New Delhi: India’s economy grew at a higher pace of 7.7 per cent during 2025-26 as compared to 7.1 per cent in 2024-25, according to government data released on Friday. In the…
- India
RBI likely to hold rates over next few quarters: Report
New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to keep interest rates on hold on June 5, as a sharp correction in Brent crude prices has eased…
- Hyderabad
Centre reviews Hyderabad Police’s Operation Octopus, pushes anti-fraud AI tool
Hyderabad: The Department of Financial Services (DFS) has directed banks to adopt the Reserve Bank of India (RBI)-developed artificial intelligence tool MuleHunter.AI at the earliest to detect and block mule accounts being used…
- India
Flood or earthquake hit your area? Your bank will now help automatically
Hyderabad: If a flood, earthquake or any other natural disaster strikes your area, your bank will now be able to automatically offer you loan relief – without you having to ask for…
- India
RBI cancels banking licence of Paytm Payments Bank
Mumbai: The Reserve Bank of India on Friday, APril 24, said it has cancelled the banking licence issued to Paytm Payments Bank. The licence was cancelled as the “affairs of the bank…
- Hyderabad
Hyderabad CP asks RBI to strengthen measures against mule accounts
Hyderabad: To further strengthen defences against financial crimes, Hyderabad Police Commissioner V C Sajjanar on Tuesday, April 21, proposed the formation of a Joint Working Group comprising representatives from the RBI, banking…
- India
RBI projects India’s FY27 GDP growth to moderate to 6.9 pc
Mumbai: The Reserve Bank on Wednesday projected India’s GDP growth for the current financial year at 6.9 per cent, lower than 7.6 per cent estimated for 2025-26, driven by concerns over elevated…
- India
RBI likely to pause repo rate as US-Iran weighs on growth, inflation: Report
New Delhi: The Middle East conflict and elevated oil prices will likely lead to the Reserve Bank of India maintaining the policy repo rate unchanged at 5.25 per cent in its April…
