The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may go for another cut in the policy rate of 25 basis points (bps) in the upcoming August policy meeting, bringing it down to 5.25 per cent, according to a report by ICICI Bank.
Twelve Indian states raised a total of Rs 26,900 crore in the latest auction of State Government Securities (SGS), according to data released by the Reserve Bank of India (RBI)
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).
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.
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.
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.
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from 9.26 per cent in April, Reserve Bank of India (RBI) data showed.
The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025, according to the financial stability report released by the Reserve Bank of India (RBI).
India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).
States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated.
Panjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank of India (RBI) to operate as a licensed online payment aggregator. This positions the company as the only one in Goa to hold the authorization, marking a significant st