Tag results for: current repo and reverse repo rate
RBI issued a further warning over the Old Pension Scheme! advice against it
The new report by the RBI may come as a shock to central and state employees who are requesting old pensions. Indeed, the Reserve Bank of India (RBI) has...
RBI may make important decisions regarding loans & interest rates in MPC meet
The RBI convened a three-day monetary policy review (RBI MPC Meeting) on December 6. On the morning of December 8, the RBI Governor will provide details of the choices...
No more deposits or withdrawals from the account! RBI has revoked this bank’s licence
After fining a few banks in the last few days, the Reserve Bank of India (RBI) has now revoked the licence of a cooperative bank. The RBI has revoked...
This large bank fined by RBI for failing to keep client records
The Reserve Bank of India (RBI) has severely penalized Axis Bank, a private sector bank. Axis Bank has been fined Rs 90.92 lakh by the RBI. Axis Bank has...
People are withdrawing money from their savings accounts, the effect of RBI decision is clearly visible
Since the last four MPCs, the RBI has not altered the repo rate. But loan interest rates continue to be the highest they have ever been. People are paying...
Know who will be benefitted from the new RBI rules that will be in place starting in 2024?
New guidelines for the PCA framework have been released by the Reserve Bank of India. According to the RBI, government-owned NBFCs will be subject to severe monitoring requirements under...