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RBI revises growth projection upwards to 6.8% from 6.5% for FY 26
Updated : 5 months, 2 weeks ago IST
With good monsoon and GST rate rationalization, the Reserve Bank of India (RBI) has revised the growth projections for FY 26 upwards.
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RBI keeps repo rate unchanged at 5.5%: Governor Sanjay Malhotra
Updated : 5 months, 2 weeks ago IST
In a unanimous decision the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.5 per cent in its policy announcement on Wednesday, RBI Governor Sanjay Malhotra said.
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Nifty, Sensex opened flat ahead of RBI policy announcements, silver and go
Updated : 5 months, 2 weeks ago IST
Indian stock markets opened on a cautious note on Wednesday as investors awaited the policy announcement by Reserve Bank of India (RBI) Governor Sanjay Malhotra.
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Government's H2FY26 borrowing outlook shows focus on stability and lower c
Updated : 5 months, 2 weeks ago IST
The central government's latest borrowing outlook for the second half of current financial year (H2FY26) showed that while the government continues to borrow heavily to meet expenditure needs, it is also taking steps to keep costs stable and spreads manageable, highlighted a report by Bank o
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Kerala Govt tables bill to safeguard families' sole homes from banks' atta
Updated : 5 months, 2 weeks ago IST
"This is a Bill of historic importance. Unfortunately, it was tabled amid noisy protests," P Rajeev said in the House, as the Opposition UDF disrupted proceedings. The Bill was referred to the Assembly Subject Committee, which will examine the provisions before it returns for debate next
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Government stands firmly behind flood victims: Maharashtra CM Fadnavis
Updated : 5 months, 2 weeks ago IST
Chief Minister Fadnavis said that the banks have also given instructions to stop the recovery of loans from disaster-affected farmers.
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India's external debt rises to USD 747.2 billion at end-June 2025: RBI
Updated : 5 months, 2 weeks ago IST
India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion over the level recorded at end-March 2025, according to data released by the Reserve Bank of India (RBI) on Tuesday.
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Diebold Nixdorf India has once again been recognized as a Great Place To W
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], September 30: Diebold Nixdorf, a leader in banking and retail technology in India, is proud to announce its recertification as a Great Place To Work®. This is the company's second consecutive year receiving this prestigious recognition in India, indicating its o
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Bank credit costs likely to decline in H2FY26, near-term slippages to rema
Updated : 5 months, 2 weeks ago IST
Credit costs in Indian banks are expected to continue in declining trend in the second half of the current financial year 2025, though near-term slippages are likely to remain elevated, according to a report by global financial services firm UBS.
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BJD President Naveen Patnaik congratulates Shirish Chandra Murmu on his ap
Updated : 5 months, 2 weeks ago IST
Biju Janata Dal (BJD) President Naveen Patnaik on Tuesday congratulated Shirish Chandra Murmu for his appointment as Deputy Governor of the Reserve Bank of India.
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RBI issues new directions to banks for interest rate on advances and lendi
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
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RBI likely to maintain status quo; 25 bps cut would be a positive surprise
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan.
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