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RBI Governor Sanjay Malhotra briefs Parliamentary panel on Indian economy
Updated : 8 months, 2 weeks ago IST
RBI Governor Sanjay Malhotra on Thursday briefed the Parliamentary Standing Committee on Finance about the growth of the Indian economy.
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Parliamentary Standing Committee on Finance to meet today
Updated : 8 months, 2 weeks ago IST
Meanwhile, the central government is likely to bring an amendment in the Insolvency and Bankruptcy Code (IBC) in the upcoming monsoon session of Parliament, sources told ANI.
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Loan recovery practices of NBFCs must be fair, respectful: FM Sitharaman
Updated : 8 months, 2 weeks ago IST
Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking Financial Companies (NBFCs) must be fair, respectful, and empathetic, and must strictly align with the Reserve Bank of India's (RBI) Fair Practices Code.
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Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and li
Updated : 8 months, 2 weeks ago IST
Indian banks witnessed significant gains in market capitalization during the April-June quarter of 2025, driven by falling interest rates and increased liquidity, which collectively attracted investor confidence.
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Seven states raised a total of Rs 13,300 crore via auction of government s
Updated : 8 months, 2 weeks ago IST
Seven major Indian states raised a total of Rs 13,300 crore in the latest round of auction of State Government Securities (SGS), according to the data released by the Reserve Bank of India (RBI).
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RBI announces auction of two dated securities worth Rs 25000 crore
Updated : 8 months, 2 weeks ago IST
The Government of India has announced the auction of two dated securities totaling Rs 25,000 crore, according to an official notification by RBI.
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At least five banks have waived minimum balance requirement, customers hav
Updated : 8 months, 2 weeks ago IST
Noting that at least five banks have waived the minimum balance requirement after customers "hit back" by looking beyond banks at other avenues to place their savings, Congress leader P Chidambaram on Monday said "what reason could not do, economics has achieved".
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Inflation likely to align with RBI's projection in Q1: BoB report
Updated : 8 months, 3 weeks ago IST
Inflation is expected to remain in line with the Reserve Bank of India's (RBI) projections in the first quarter (Q1) of Financial Year FY26, driven by a favourable statistical base and continued deflation in essential commodities, according to the latest report by Bank of Baroda.
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RBI notifies underwriting auction for Rs 32,000 crore Government Securitie
Updated : 8 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has announced an underwriting auction for the sale of government securities worth Rs 32,000 crore, which is taking place on Friday.
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RBI rate cuts lead to cooling in both credit offtake and deposit growth: R
Updated : 8 months, 3 weeks ago IST
With a 100 basis point repo rate cut by the Reserve Bank of India (RBI) since February, Credit offtake and deposit growth have cooled, noted a report by CareEdge.
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RBI bars pre-payment charges by banks for transfer of floating rates loan
Updated : 8 months, 3 weeks ago IST
In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business.
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DoT welcomes RBI advisory mandating banks to integrate financial fraud ris
Updated : 8 months, 3 weeks ago IST
The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30, 2025, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT
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