RBI Rate Cut May Lower Your Home Loan EMIs Soon
The Reserve Bank of India is poised to make a significant announcement in its December monetary policy meeting. A potential repo rate cut could bring relief to millions of borrowers…
India’s Economic Leap & Digital Drive
India is on an incredible trajectory, swiftly moving towards becoming the world’s third-largest economy. This exciting news comes directly from Reserve Bank of India Governor Sanjay Malhotra, who recently shared…
Rupee’s Tumble: A Strategic Advantage?
The Indian rupee has been making headlines, but not in the way many would hope. On a recent Friday, it hit an all-time low against the US dollar, plunging to…
RBI Governor Strengthens Urban Co-operative Banks
On a recent Friday, a significant meeting took place in New Delhi, bringing together key figures in India’s financial landscape. Reserve Bank of India (RBI) Governor Shaktikanta Das convened with…
RBI and Govt Members Split Over India’s Growth Outlook
The latest minutes from the Reserve Bank of India’s Monetary Policy Committee meeting in August have revealed a clear divide between RBI leadership and government-nominated members regarding India’s economic growth…
Generative AI to Boost India’s Banking Efficiency by 46%: RBI
The Reserve Bank of India (RBI) has released a groundbreaking report highlighting the transformative potential of Generative AI in the banking sector. According to the findings, this cutting-edge technology could…
RBI Simplifies Process for Legal Heirs to Claim Deceased’s Bank Funds
Losing a loved one is hard enough. Dealing with bureaucratic hurdles to access their bank accounts shouldn’t add to the stress. The Reserve Bank of India (RBI) has stepped in…
RBI to End Daily Variable Rate Repo Auctions Amid Liquidity Surplus
The Reserve Bank of India (RBI) has decided to discontinue daily Variable Rate Repo (VRR) auctions starting June 11, 2025. This move comes as the banking system experiences a liquidity…