Policy rate hike may affect EMIs of loans

Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an...

Industry bodies welcome RBI's rate hike.

FICCI said this pragmatic approach of RBI will nurture growth and PHD Chamber said calibrated approach to maintain...

Policy rate still remains accommodative, says RBI Guv

According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently,...

RBI hikes repo rate to keep inflation anchored

The inflation trajectory has largely evolved in line with the outlook given by us in June 2022, Shaktikanta Das...

RBI hikes repo rate by 35 bps to 6.25 pc

The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35...

Markets open on a flat note as investors wait and watch

BSE Sensex was 2.75 points down at 62,623.61 whereas NSE Nifty was 12 points down to 18,630 at 9.23 am in the morning.

Nagar Urban Co-operative Bank put under RBI 'directions'

Deposit withdrawal will be restricted to Rs 10,000 per depositor during the entire six months that the Bank will be...

RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank

The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or...

Delhi HC seeks RBI stand on PIL for uniform banking code

A Public Interest Litigation (PIL) seeks direction to implement a Uniform Banking Code for foreign exchange...

Bank of Baroda expects 25-35 bps rate hike from RBI policy meet

The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be...

RBI monetary policy meet to start today; all eyes on rate stance

The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial...

India's forex reserves rise for third straight week

India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14...