RBI’s Gold Loan Reforms to Raise the Bar for NBFIs; Larger Firms Poised to Adapt: Fitch
R. Suryamurthy The Reserve Bank of India (RBI) has unveiled draft regulatory enhancements for gold-backed loans extended by Non-Banking Financial…
Category: BANKING
Dollar will ‘always’ be ‘currency of choice’: Trump
WEB DESK President Donald Trump has said the US dollar is “always” going to be the “currency of choice,” as…
Monetary Policy Statement, 2025-26 Resolution of Monetary Policy Committee April 7 to 9, 2025
Monetary Policy Decisions The Monetary Policy Committee (MPC) held its 54th meeting from April 7 to 9, 2025 under the…
RBI cuts repo rate by 25 basis points, switches to accommodative stance
BIZNAMA The Reserve Bank of India (RBI) cut its policy repo rate by 25 basis points to six per cent,…
RBI Cuts Rates Again to Shield Economy from Trade Turbulence
* Monetary policy panel votes unanimously to cut repo rate by 25 basis points* Second rate cut in five years…
MUDRA scheme records world’s lowest NPA rate at 3.5%, empowers grassroots entrepreneurs: PM Modi
The Non Performing Asset (NPA) rate in the MUDRA Scheme is the lowest in the world for the segment. In…
3-day meeting of RBI’s Monetary Policy Committee begins to decide key interest rates
A 3-day meeting of the Reserve Bank of India’s Monetary Policy Committee (MPC) will begin in Mumbai today to decide…
UPI payments facing outage, NPCI flags latency
WEB DESK Digital payment users faced hindrance in processing transactions on India’s real-time payments system, Unified Payments Interface (UPI), for…
Poonam Gupta appointed as Deputy Governor of RBI
AMN Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government…
Withdrawal of ₹2000 Denomination Banknotes – Status
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated…