Mumbai: In a significant development in the ₹122 crore scam at New India Cooperative Bank, the Economic Offences Wing (EOW) ...

According to the latest rules, when a loan borrower decides to foreclose a floating rate loan or prepay it, the bank will not ...

The banks which have slashed their interest rates on fixed deposits (FDs) in the month of February are DCB Bank and IndusInd ...

This announcement comes just over a week after the central bank prohibited the bank from issuing new loans, dissolved its ...

The Reserve Bank of India on February 7, 2025, cut the repo rate—from 6.50% to 6.25%—for the first time in nearly 5 years.

What are Sovereign Gold Bonds? The RBI issues Sovereign Gold Bonds (SGBs) as government securities on behalf of the Indian government. These bonds are denominated in grams of gold and provide an ...

This year, the newly appointed RBI Governor Sanjay Malhotra will deliver the policy details on February 7. -RBI Official Website: The central bank publishes all MPC announcements, including press ...

In case of MSE borrowers, however, these instructions shall be applicable up to the aggregate sanctioned limit of Rs 7.50 ...

The Reserve Bank of India (RBI) on Tuesday launched mobile application 'RBIDATA’ which will provide access to more than ...

The Reserve Bank of India has imposed monetary penalty on three banks, for several reasons. The apex bank has fined these three banks with monetary penalty of Rs 6.70 lakh, Rs 61.40 lakh, and Rs 5.80 ...

Finance and insurance corporation Muthoot Finance has received RBI approval to open 115 new branches, a stock exchange filing ...