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RBI to standardise claim settlement process for deceased customers' accoun
Updated : 7 months, 1 week ago IST
Sanjay Malhotra, Governor of Reserve Bank of India (RBI) announced that standardize the procedure for settling claims related to bank accounts and safe deposit lockers of deceased customers, aiming to simplify and streamline the overall claims process.
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Despite trade uncertainty due to tariffs, RBI keeps GDP projection for FY2
Updated : 7 months, 1 week ago IST
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
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RBI revises retail inflation downward to 3.1% for FY26 from 3.7% projectio
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation projection for the financial year 2025-26 downward to 3.1% for the financial year 2026 (FY26), a significant reduction from the 3.7 per cent forecast made in June.
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RBI keeps Repo Rate unchanged at 5.5% in August policy meet
Updated : 7 months, 1 week ago IST
In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday.
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Nifty, Sensex open flat ahead of RBI policy announcement, US-Russia talks
Updated : 7 months, 1 week ago IST
Indian stock markets opened flat on Wednesday amid a mix of domestic and global uncertainties, with investors opting for a cautious approach ahead of the Reserve Bank of India's monetary policy announcement and key geopolitical developments, including a critical US-Russia meeting.
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RBI eases norms for trade in Indian rupee, removes approval requirement fo
Updated : 7 months, 1 week ago IST
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
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RBI Governor Sanjay Malhotra to announce policy rates today at 10 AM
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rates today at 10 AM in Mumbai as the three-day monetary policy committee (MPC) meeting will conclude.
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26/11 Mumbai terror attack 'mastermind' Tahawur Rana wants private counsel
Updated : 7 months, 1 week ago IST
Patiala House Court on Tuesday reserved the order on this issue after receiving replies from the NIA and Jail authorities.
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RBI's rate cuts transmission visible in banks' books, faster adoption in P
Updated : 7 months, 1 week ago IST
The transmission of policy rate cuts by the Reserve Bank of India (RBI) is visible in the outstanding books of banks and fresh loans are given at relatively higher margins, according to a recent report by CareEdge Ratings.
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NITI Aayog member pitches for accelerating India's transition to electric
Updated : 7 months, 1 week ago IST
Gauba stressed that India possesses large reserves of rare earth minerals, but there is an urgent need to "rapidly explore, survey, mine and process them."
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RBI's MPC meeting begins, Economists expect rate pause in August 6 policy
Updated : 7 months, 1 week ago IST
The much-anticipated policy announcement will be made by RBI Governor Sanjay Malhotra at 10 AM on August 6, the final day of the meeting.
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RBI to lower inflation target for FY26 in upcoming August MPC, inflation t
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) is expected to revise its inflation target downward for the financial year 2025-26 in the upcoming August MPC (Monetary Policy Committee) meeting, according to a recent report by CareEdge Ratings.
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