Tag results for: reserve bank repo rate
RBI has cancelled the holiday! banks will open on Saturday & Sunday as well
To facilitate taxpayers. The Reserve Bank of India (RBI) has mandated that banks remain open on Saturday and Sunday as well. All bank branches and offices associated with government...
RBI canceled the holiday! banks to remain open on Sunday as well
The Reserve Bank of India (RBI) has mandated that banks open nationwide on Sunday, March 31, 2024. The RBI made a significant step by deciding to open banks nationwide...
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...
RBI will announce a review of its monetary policy, it is anticipated to get relief on interest rates
The RBI Monetary Policy Committee (MPC) has its final meeting today. In the three-day bi-monthly monetary review meeting, experts voiced optimism that the RBI could keep the policy rate...
The RBI revoked the licences of 5 banks, which is bad news for bank consumers
Once the Reserve Bank of India (RBI) has revoked the licence of another bank for failing to follow the guidelines. This time, the RBI has revoked the cooperative bank...