RBI may go for another 25 bps rate cut in August: Report

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may go for another cut in the policy rate of...

Twelve states raised Rs 26,900 crore via auction of Government Se

Twelve Indian states raised a total of Rs 26,900 crore in the latest auction of State Government Securities (SGS),...

Seven states raised Rs 13,300 crore via govt securities

Seven major Indian states raised a total of Rs 13,300 crore in the latest round of auction of State Government...

RBI notifies underwriting auction for Rs 32,000 crore G-Sec

The Reserve Bank of India (RBI) has announced an underwriting auction for the sale of government securities worth Rs...

RBI rate cuts lead to cooling in both credit offtake and deposit

With a 100 basis point repo rate cut by the Reserve Bank of India (RBI) since February, Credit offtake and deposit...

RBI bars pre-payment charges by banks for transfer of loans

In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated...

Avg lending rates of SCBs declining in line with repo rate cut

The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20...

RBI appoints Kesavan Ramachandran as new Executive Director

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director of RBI with effect from...

India’s per capita debt of individual borrower rises

The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising...

Over 72% growth in India’s overseas financial assets

India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven...

States/UTs to borrow Rs 2.86 lakh crore in Jul-Sep quarter: RBI

States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September...

Goa based company secures RBI authorization as payment aggregator

Panjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the...