Reserve Bank Of India (RBI): News
How government banks are easing burden on savings account holders
In a major policy shift, all public sector banks (PSBs) in India may soon scrap penalties for not maintaining a minimum balance in savings accounts.
India needs 10% nominal GDP growth for 'Viksit Bharat': CII
India will need a 10% average nominal GDP growth rate every year to achieve the government's vision of a 'Viksit Bharat' by 2047, said Rajiv Memani, President of the Confederation of Indian Industry (CII).
Banks to remain closed on these dates in July 2025
Banks across India will remain closed next week due to regular Saturday and Sunday offs.
Overseas Indians sent home a whopping $135B in FY25
The Indian diaspora sent a record $135.46 billion in remittances during the last fiscal year, according to RBI.
Monsoon covers entire country by June 29, 2025
The India Meteorological Department (IMD) has announced that monsoon rains will cover the entire country by June 29, 2025.
RBI mandates KYC for inactive Aadhaar operators before resuming transactions
The Reserve Bank of India (RBI) has issued a new directive, strengthening the due diligence process for onboarding Aadhaar Enabled Payment System Touchpoint Operators (ATOs).
FPIs invested over ₹13,100cr in Indian equities this week
Foreign portfolio investors (FPIs) have made a net investment of ₹13,107.54 crore in the Indian stock market during the week of June 23-27.
India's FDI inflows jump 23% in April to $8.8B
India's foreign direct investment (FDI) inflows witnessed a significant jump in April 2025, according to the Finance Ministry's Monthly Economic Review for May.
RBI's gold reserves have crossed $80B mark this year
The Reserve Bank of India (RBI) has significantly increased its gold reserves in the first half of 2025, owing to rising global and domestic uncertainties.
India's private sector activity touches 14-month high: What's the reason?
The private sector business activity in India has registered a major jump in June, hitting a 14-month high.
RBI's latest project will help curb digital payment frauds
To combat the rising menace of digital payment frauds, the Reserve Bank of India (RBI) is working with leading public and private sector banks to create a Digital Payment Intelligence Platform (DPIP).
India's forex reserves rise by $2.3B to $700B
India's foreign exchange reserves have increased by $2.29 billion to reach a total of $698.95 billion for the week ending on June 13, according to data released by the Reserve Bank of India (RBI).
You could soon pay with digital rupee—even without internet
The Reserve Bank of India (RBI) is planning to expand the offline-use feature of its Central Bank Digital Currency-Retail (CBDC-R).
India's wholesale inflation falls to 14-month low in May
India's wholesale inflation has hit a low of 0.39% in May, government data released on Monday showed.
FPIs invest around ₹3,350cr in Indian market this week
Foreign Portfolio Investors (FPIs) have pumped ₹3,346.94 crore into the Indian stock market this week.
India's forex reserves jump by $5.17B to $697B—reversing previous dip
India's foreign exchange reserves have witnessed a significant increase, rising by $5.17 billion to reach $696.66 billion for the week ending June 6, data released by the Reserve Bank of India (RBI) on Friday showed.
New RBI guidelines on gold loans: What changes for you
The Reserve Bank of India (RBI) has announced a major overhaul in the regulations for gold and silver loans.
Bank Nifty hits all-time high of 57,000: What's fueling rally?
The Bank Nifty index in India has hit a record high, passing the 57,000 mark for the first time ever.
How Airtel plans to tackle digital frauds in India
In a bid to tackle the rising menace of digital frauds, telecom giant Airtel has reached out to over 40 banks, the Reserve Bank of India (RBI), and National Payments Corporation of India (NPCI).
Your EMIs on Bank of Baroda loans will go down
State-owned Bank of Baroda has announced a reduction in its Baroda Repo Linked Lending Rate (BRLLR) by 50 basis points to 8.15%.
RBI changes policy stance from 'accommodative' to 'neutral'—What it means
The Reserve Bank of India (RBI) has surprised everyone by slashing the repo rate by 50 basis points (bps) while changing its policy stance from 'accommodative' to 'neutral.'
RBI cuts repo rate to 5.5%—How it affects your EMIs
The Reserve Bank of India has slashed the repo rate by 50 basis points to 5.5%. The move is likely to lower EMIs for existing borrowers and make new loans cheaper.
RBI cuts repo to 5.5% in biggest drop since 2020
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, has cut the repo rate by a whopping 50 basis points (bps) to 5.5%.
Government mulls MDR on UPI transactions: Who does it affect?
The Indian government is considering the introduction of Merchant Discount Rate (MDR) fees on Unified Payments Interface (UPI) transactions, especially for large merchants.
RBI docu-series debuts on JioHotstar
The Reserve Bank of India (RBI) has partnered with streamer JioHotstar to release a five-part documentary series, titled RBI Unlocked: Beyond the Rupee.
Attention! Modi government will not withdraw ₹500 notes from circulation
A viral YouTube video has claimed that the Indian government will withdraw ₹500 notes from circulation starting March 2026.
Why India's manufacturing activity hit 3-month low in May
India's manufacturing sector witnessed a slowdown in May, with the HSBC India Manufacturing Purchasing Managers's Index (PMI) falling to a three-month low of 57.6 from April's 58.2.
INR is Asia's worst performer amid RBI's $84B repayments
The Indian rupee (INR) is the worst-performing currency in emerging Asia this quarter.
RBI might cut interest rates by 25bps this week
The Reserve Bank of India (RBI) is expected to cut the key interest rate (repo) by 25 basis points for the third consecutive time.
RBI considers bank-like interest rate norms for NBFCs
The Reserve Bank of India (RBI) is mulling over the introduction of interest rate regulations for non-banking finance companies (NBFCs), similar to those applicable to banks.
India's forex reserves surge by $7B to nearly $693B
India's foreign exchange (forex) reserves have seen a significant increase of $6.9 billion, bringing the total to $692.72 billion for the week ending May 23, as per data released by the Reserve Bank of India (RBI).
How RBI is using AI to tackle financial fraud
The Reserve Bank of India (RBI) is taking major steps to use artificial intelligence (AI) tools for improving its operations.
India to outpace global economies with 6.5% growth in FY26
India is set to retain its status as the world's fastest-growing major economy in FY26, according to the Reserve Bank of India's (RBI) annual report.
RBI to broaden digital rupee pilots, eyes cross-border use cases
The Reserve Bank of India (RBI) has announced plans to expand its central bank digital currency (CBDC) pilots for both retail and wholesale segments.
PayPal gets RBI nod for cross-border transfers—Who benefits and how
PayPal Payments (PayPal), the Indian arm of PayPal Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator.
Indian banks could soon offer loans to neighboring countries
The Reserve Bank of India (RBI) is seeking government nod to permit domestic banks to lend Indian rupee (INR) to overseas borrowers.
RBI announces new Payments Regulatory Board: How will it work?
The Reserve Bank of India (RBI) has announced the formation of a six-member Payments Regulatory Board (PRB). The board will oversee and regulate the country's payment systems.
RBI transfers record ₹2.69L crore surplus to Modi government
The Reserve Bank of India (RBI) has approved a whopping ₹2.69 lakh crore dividend for FY25 to the Modi government. This is a significant increase from last year's transfer of ₹2.1 lakh crore for FY24.
How RBI's relaxation of AIF investment rules affects banks, NBFCs
The Reserve Bank of India (RBI) has proposed to relax investment norms for banks, non-banking financial companies (NBFCs), and other regulated entities (REs) in Alternate Investment Funds (AIFs).
100% returns in 5 years—Redeem this sovereign gold scheme now!
The Reserve Bank of India (RBI) has set the redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series 2 at ₹9,284 per unit.
Modi government mulls stricter foreign ownership rules for companies
The Indian government is gearing up to tighten rules on foreign ownership of companies, as per Reuters.
How RBI's new digital lending rules impact you
The Reserve Bank of India (RBI) has unveiled new rules for digital lending.
India's services sector grew slightly last month: Here's why
India's services sector witnessed a slight growth in April, according to the HSBC India Services Purchasing Managers's Index (PMI).
New ATM rules: These transactions become costlier starting today
Starting May 1, 2025, ATM transactions will become costlier as the Reserve Bank of India (RBI) has approved a hike in interchange fees.
SC orders CBI probe into builder-bank nexus in Delhi-NCR region
The Supreme Court of India has asked the Central Bureau of Investigation (CBI) to probe alleged collusion between top real estate developers and banks in the NCR.
New ATM rules from May 1: What are the changes?
The Reserve Bank of India (RBI) has announced a revised framework for ATM transaction charges, effective from May 1, 2025.
Children above 10 years can now operate their bank accounts
In a major move, the Reserve Bank of India (RBI) has issued new guidelines, permitting children aged 10 years and above to open and operate bank accounts independently.
Sensex jumps 1,000 points: What is driving today's market rally?
The Indian stock market is on a major upswing today, with the BSE Sensex shooting over 1,000 points to 79,550 and the Nifty 50 crossing the 24,150-mark.
IndusInd Bank's top executives may resign after ₹1,979cr loss
IndusInd Bank is staring at a leadership crisis, after the discovery of discrepancies in its derivatives portfolio to the tune of ₹1,979 crore.
Policybazaar can now serve as online payment aggregator in India
PB Pay Private Limited, a subsidiary of InsurTech company PB Fintech (Policybazaar), has received in-principle approval from the Reserve Bank of India (RBI).
Wholesale inflation in India dips to 2.1% in March
India's wholesale inflation has fallen to 2.1% in March, down from 2.4% in February, as per government data released today.
This is how India's richest are hiding their money
A recent study has revealed a disturbing trend among India's richest, who are allegedly paying taxes that are only a fraction of their wealth.
Planning to invest? Check HDFC, SBI, BOI's latest interest rates
Several leading banks in India, including HDFC Bank, State Bank of India (SBI), and the Bank of India (BOI), have recently slashed their interest rates on deposits.
Modi government could receive whopping ₹2.5L crore jackpot from RBI
The Reserve Bank of India (RBI) is expected to pay a historic dividend of around ₹2.5 lakh crore for the financial year 2024-25 (FY25).
Sensex jumps 1,600 points: What's driving today's stock market rally?
The Indian stock market witnessed a massive rally on Friday, with the Nifty50 index opening at 22,695 and hitting an intraday high of 22,923.
BharatPe can now function as online payment aggregator in India
BharatPe, a leading player in the fintech space, has got the Reserve Bank of India (RBI) approval for a payment aggregator license.
NPCI can now change UPI limits for large payments
The Reserve Bank of India (RBI) has given the National Payments Corporation of India(NPCI) the power to revise transaction limits for Unified Payments Interface (UPI) payments from people to merchants.
RBI cuts India's GDP growth forecast amid Trump's tariff tensions
The Reserve Bank of India (RBI) has cut its GDP growth forecast for the ongoing fiscal year by 20 basis points to 6.5%.
RBI cuts repo rate—Will your home loan EMIs go down?
The Reserve Bank of India (RBI) has announced a 25 basis points cut in the repo rate, making home loans, auto loans, and personal loans cheaper for both existing and new borrowers.
RBI reduces repo rate to 6% as Trump's tariffs kick-in
The Reserve Bank of India (RBI) has announced a cut in the repo rate, reducing it by 25 basis points (bps) from 6.25% to 6%.
RBI may cut interest rates to 5.5% by 2025-end: Report
Indian economists foresee a possible cut in the Reserve Bank of India (RBI)'s repo rate to 5.5% before 2025 ends—a level not seen since August 2022, as per CNBC-TV18.