Transferring home loans from one bank to another might help you lower the interest rates on a mortgage. However, borrowers should consider a few things before opting for a transfer
The inflation readings for farm and rural workers stood at 6.38 per cent and 6.60 per cent, respectively, in December 2022
Without naming Adani Group the RBI governor Shaktikanta Das said that RBI has taken a number of steps for resilience of banking sector
"We remain optimistic about India, whatever the odds," said the article on the state of the economy published in the March edition of the Reserve Bank bulletin
The machine was developed in-house and a pilot project was launched, which is now being expanded, Sankar said, adding that the newly announced project will improve the distribution of coins in the system
With retail inflation showing signs of moderation and remaining below the Reserve Bank of India's 6 per cent upper tolerance level, and projected slowdown in GDP growth in the next fiscal starting April, experts are of the...
Recently, the RBI also enabled visitors from G20 counties to be on-boarded to the UPI platform without having a bank account in the country
Prithviraj Chavan, former chief minister of Maharashtra, demanded that the Reserve Bank of India or Securities & Exchange Board of India (SEBI) investigate Adani Group's allegations of fraud on Thursday.
The Reuters poll results also suggest that the RBI may hike repo rate to 6.50 per cent at the Monetary Policy Committee (MPC) meeting scheduled to be held one...
Patra looks after the monetary policy department as the deputy governor of the central bank and also as a member of the rate-setting Monetary Policy Committee
Speaking at an event organised by the International Monetary Fund (IMF), he said rising levels of debt, alongside sustained price pressures, pose risks to the...
The positive trajectory in the growth trend and improved fundamentals will help the nation in neutralising the impact of global headwinds which are expected to...
High prices of crude and edible oils, pulses and vegetables were among the main factors behind the high inflation during the year.
Food and energy supplies and prices are under strain, debt distress is staring at many emerging market and developing economies, and every economy is grappling...
The Reserve Bank of India (RBI) implements certain “card control measures” to protect people from various risks, but you can activate them while travelling...
The Governor also said that in a tightening cycle, especially in a world of high uncertainty, giving out explicit forward guidance on the future path of...
Das said in absolute terms, the credit expansion for the year to December 2 had come at Rs 19 lakh crore, while the deposit growth was Rs 17.5 lakh crore,...
Shaktikanta Das, Governor of the Reserve Bank of India, said Wednesday that the central bank will continue to take a participatory and consultative approach to...
This is the first time since December last year that the retail inflation has come below Reserve Bank of India's (RBI) tolerance level of 6 per cent
The Reserve Bank of India has decided to bring the bond market timing back to normal, i.e., 9am to 5pm. The RBI has also allowed resident Indian entities to...
The rate hike is likely to affect those who have taken home loans as their EMIs are set to rise
India, however, remains a bright spot in the otherwise gloomy world and will be among the fastest growing major economies, said RBI Governor Shaktikanta Das
Das said a customer will create a payment mandate against a merchant by blocking funds in his/her bank account for specific purposes which can be debited,...
The top court was hearing a batch of 58 petitions challenging the demonetisation exercise announced by the Centre on November 8, 2016.
The Reserve Bank of India (RBI) will come out with its next bi-monthly policy review on December 7 at the end of the three-day meeting of the Monetary Policy...
