Rbi News

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RBI's Upcoming Monetary Policy Meeting: Expect a Rate Cut

The Reserve Bank of India (RBI) is set to announce its monetary policy review on April 9, 2025, and experts predict a 0.25% reduction in the repo rate, bringing it down to 6.00%. This move is expected to boost economic growth and provide relief to borrowers....

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Eid Off Denied: Bank Employees Gear Up for March 31 Deadline

Bank employees across India hoping to celebrate Eid with a day off have been dealt a tough blow as the Reserve Bank of India has scrapped the holiday, citing the critical March 31 financial year-end deadline. With Eid-ul-Fitr expected to fall around late March 2025, staff are now...

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RBI Hikes ATM Withdrawal Fees: Check New Charges for Different Services

In a move that could affect millions of bank customers, the Reserve Bank of India (RBI) has announced a hike in ATM withdrawal fees. The revised charges will apply to various services, including cash withdrawals, balance inquiries, and more, leaving customers to brace for the hig...

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Congress under fire: Preity Zinta refutes Rs 18 crore loan allegations

Preity Zinta refutes Kerala Congress allegations of a loan write-off, sparking a heated exchange over misinformation and political motives....

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RBI Chief praises budget: Tax relief won't inflate prices, says Sanjay Malhotra

RBI Governor Sanjay Malhotra praises the Union Budget for FY26, asserting that tax relief for the middle class will not significantly impact inflation while supporting economic growth....

RBI

Experts believe RBI's rate cut to ease interest costs, support growth

The RBI cuts the repo rate by 25 bps to 6.25%, the first in five years, aiming to boost economic growth and housing demand, but concerns about inflati...

RBI Governor Sanjay Malhotra

RBI strengthens penalty rules under payment systems law

Earlier, the RBI was empowered to impose a penalty not exceeding Rs 5 lakh....

Sanjay Malhotra Takes Charge Of RBI.

New era is here! Sanjay Malhotra appointed as new RBI governor amid economic challenges

New Delhi: The transition in leadership at the RBI is closely watched by economists and market participants alike. Malhotra's approach towards interes...

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Sensex reaches historic high of 84,928; Nifty closes at 25,939 in record stock market surge

The market's bullish momentum was largely influenced by anticipation surrounding the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) mee...

Indian rupee fell to an all-time low

Why is Indian Rupee at lifetime-low despite weak US Dollar?

Analysts suggest that ongoing intervention by the RBI will be key to managing the currency’s value in the short term, but further weakness could be ...

Hack threat alert from RBI

New hacking threat alert from RBI: What you need to know to stay secure

The RBI has alerted the public about a new type of fraud being used by hackers to deceive users. Consequently, people have been advised to be vigilant...

Renuka Chawdhary while speaking in Rajya Sabha

Not issuing credit card to senior citizens ‘a discriminatory behavior’ by RBI: Renuka Chawdhary

Renuka Chowdhary sparks controversy after questioning RBI's new guidelines which calls senior citizens uncreditworthy for credit cards...

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Retail inflation hits four-month high at 5.08 per cent in June

While the inflation rate remains within the RBI's tolerance range of 2-6 per cent, the significant rise in food and rural inflation hints at major cha...

Cyber fraud

RBI reveals alarming 400 percent surge in online payment fraud cases

The Reserve Bank of India has released concerning data on fraud cases from the last financial year. The surge in UPI payments has been accompanied by ...

Gold purchased in RBI

India's central bank relocates 100 tonnes of gold from UK for first time ever since 1991; Deets inside

According to the data, at the end of March RBI had around 822.1 tonnes of gold, of which 413.8 tonnes were stored overseas. The amount of precious met...

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