The Reserve Bank of India is set to announce the benchmark interest rate in its Monetary Policy along with the reverse repo rate for the economy on Wednesday.

The report argues that an August rate cut would “bring an early Diwali” by stimulating credit growth ahead of the festive ...

Bank Holiday Today, 2 August: Banks all over India will be open on Saturday, August 2, according to the RBI bank holiday ...

Equity benchmark indices declined for the fifth straight week amid ongoing selling pressure, global uncertainties, and a ...

With inflation slipping below 3% and signs of a growth slowdown ahead, the RBI’s upcoming policy meet on August 6 has gained ...

The Indian rupee rebounded slightly against the dollar, likely due to central bank intervention, following a week of record ...

Since October 9, 2023, banks no longer exchange Rs 2,000 notes. However, the RBI still provides this service at its 19 issue ...

Vijayawada: As part of the ongoing investigation into the alleged liquor scam case, a special court for ACB cases in ...

The data compiled by CareEdge Ratings said the recent moderation in inflation has been largely driven by easing food prices, ...

Currently, banks in India follow the Incurred Loss Model (ICL), under which they only set aside money for potential loan ...

The weakness is likely due to worries over the potential impact of the tariff rate on exports, though Reuters reported that ...

All scheduled commercial banks in India remain closed on the second and fourth Saturdays of every month. Digital banking services remain available for transactions, offering convenience during ...