RBI cuts repo rate to 5.5%, shifts policy stance to neutral
AMN New Delhi, June 6, 2025 — In a significant move to boost economic momentum, the Reserve Bank of India…
Category: BANKING
RBI Slaps Penalties on Three Financial Institutions Over Regulatory Breaches
Mumbai, June 5, 2025 — The Reserve Bank of India (RBI) has imposed monetary penalties on three financial institutions for…
India cautions ADB of Potential Misuse of Funds by Pakistan
Staff Reporter India has raised strong concerns with the Asian Development Bank (ADB) regarding the potential misuse of financial assistance…
Moody’s: Indian Banks Remain Resilient Amid Global Economic Uncertainty
R. Suryamurthy India’s banking sector remains well-insulated from global economic turbulence, thanks to strong domestic macroeconomic fundamentals, Moody’s Ratings said…
CBDT: Filing of Income Tax Returns (ITRs) extended to 15th September 2025
AMN In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time required…
RBI Board approves record dividend transfer of over Rs 2.68 lakh cr to Central govt
Board of Directors of Reserve Bank of India (RBI) has approved a record transfer of over 2.68 lakh crore rupees…
RBI Approves Record Rs 2.68 Lakh Crore Surplus Transfer to Centre for FY2024-25
AMN The Central Board of Directors of the Reserve Bank of India (RBI) has approved a record transfer of over…
RBI Fines Union Bank ₹63.6 Lakh, Lendbox ₹40 Lakh for Regulatory Violations
The Reserve Bank of India (RBI) has levied fines on Union Bank of India and Transactree Technologies Pvt Ltd for…
India Post Payments Bank Partners with Aditya Birla Capital Limited to Simplify Accessibility to Loan
Staff Reporter / New Delhi India Post Payments Bank (IPPB), a Government of India undertaking and Aditya Birla Capital Limited (‘ABCL’),…
FM N. Sitharaman directs banks to be alert to deal with any eventuality
Minister for Finance and Corporate Affairs Nirmala Sitharaman today directed all banks to remain fully alert and prepared to deal…