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State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points. Savings account rates also ...
Following the Reserve Bank of India’s latest 50 basis points (bps) repo rate cut, home loan borrowers can expect relief ...
The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting ...
The Reserve Bank of India is set to tighten rules under its Liberalised Remittance Scheme, targeting foreign currency deposits with lock-in periods. The move aims to curb passive wealth shifting and ...
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ABP News on MSNBank Holidays Next Week: Check When Your Local Branch Will Remain Closed, See RBI Calendar HEREWhile physical branches will see minimal disruption during the week of June 16–22, staying informed about upcoming regional closures can help customers better plan their financial activities.
Weve now entered the second half of June, and more state-specific bank holidays are lined up later in the month. According to ...
Studies show that monetary policy actions in India take two to three quarters to impact output, with a partial pass-through ...
The government is encouraging state-run banks to increase lending to productive sectors, particularly MSMEs, through targeted Mudra financing and identification of high-employment clusters. Loan melas ...
The move was driven by optimistic sentiment following the Reserve Bank of India's (RBI) interest rate reduction.
Malé's foreign exchange reserves have surged by more than $400 million, marking a notable strengthening of the nation's ...
Tamil Nadu Money Lending Entities Act aims to prevent coercive loan recovery, protecting vulnerable groups; penalties for ...
The RBI alone will transfer a record ₹2.7 trillion in surplus to the Centre for 2025-26, which is even higher than the latest ...
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