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Depositors of New India Co-operative Bank stage protest over delay in fund access
Depositors of New India Co-operative Bank stage protest over delay in fund access
Published on Apr 28, 2025 03:38 PM IST
PTI |
Bank of Maharashtra slashes retail loan rates by 25 bps after RBI cuts repo rate
The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent.
Published on Apr 14, 2025 02:10 PM IST
PTI |
Are banks open on April 10, Mahavir Jayanti? Full bank holiday list
Mahavir Jayanti is a very important religious festivals for the Jain community, commemorating the birth of Lord Mahavir, the 24th Tirthankara of the faith.
Updated on Apr 09, 2025 04:54 PM IST
‘Not Mahabharat’s Sanjay': RBI Governor on chances of further interest rate cuts
Earlier in the day, RBI Governor Sanjay Malhotra had announced repo rate cut for the second consecutive time.
Published on Apr 09, 2025 03:46 PM IST
Trump's reciprocal tariffs on India ‘bigger worry than inflation’: RBI governor
The tariff-related uncertainties is also why the RBI lowered India's GDP growth forecast, Malhotra said during the post-Monetary Policy press conference.
Published on Apr 09, 2025 03:24 PM IST
What are 5 big takeaways from RBI’s MPC meeting announcements?
The Reserve Bank of India said the benchmark repo rate, the level at which it lends to commercial banks, would be reduced by 25 basis points to 6 per cent.
Updated on Apr 09, 2025 12:49 PM IST
RBI cuts India's GDP forecast to 6.5%, inflation to 4% amid global uncertainties
The Reserve Bank of India (RBI) has cut its estimates on both India's Gross Domestic Product (GDP) and inflation, measured by the Consumer Price Index (CPI).
Updated on Apr 09, 2025 11:46 AM IST
'Worried' RBI cuts repo rates to boost growth as Trump tariffs take effect
The Reserve Bank of India cut its key repo rate by 25 basis points to 6% to support the economy amid pressure from US tariffs.
Updated on Apr 09, 2025 04:35 PM IST
RBI to announce MPC decision today. Will governor Sanjay Malhotra cut repo rate?
RBI governor Sanjay Malhotra-led MPC is expected to announce a 25-basis point cut in the repo rate, amid easing inflation and signs of slowing economic growth.
Updated on Apr 09, 2025 01:56 PM IST
RBI MPC decision on April 9, experts say 25 bps repo rate cut possible
The potential rate cut is to counter economic strain from the 26% tariff on Indian imports by the US, which is expected to affect India’s GDP growth this year.
Published on Apr 08, 2025 06:48 PM IST
Bank holidays in April: Are banks closed today? Check details
On April 5, banks in India will operate normally, except in Telangana for Babu Jagjivan Ram's Birthday.
Published on Apr 05, 2025 11:15 AM IST
The ‘higher-than-expected’ tariffs mean that RBI rate cut likely a ‘done deal’: Barclays
The higher-than-expected tariffs reinforce our view of three more rate cuts from the RBI, to a terminal rate of 5.50%, British multinational bank Barclays said in a report
Published on Apr 03, 2025 03:00 PM IST
Who is Poonam Gupta, ex-World Bank economist appointed as RBI deputy governor?
The other three deputy governors are M. Rajeshwar Rao, T. Rabi Sankar, and Swaminathan J, according to the RBI website.
Published on Apr 02, 2025 06:02 PM IST
IndusInd Bank stock jumps nearly 6% after RBI assures bank's stability
The RBI in the clarificatory statement said there was no need for depositors to react to the speculative reports at this juncture.
Published on Mar 17, 2025 11:52 AM IST
PTI |
Upgrading the plumbing of India’s administration
One way to build expertise in governance would be to break up the IAS into two divisions — a field division and a policy analysis division
Published on Mar 10, 2025 07:37 PM IST
Trump's tariffs on India may be good news, says ex-RBI deputy governor: Report
Indian firms will be forced to raise their standards and take on global rivals, former RBI Deputy Governor Viral Acharya told in an interview.
Published on Mar 10, 2025 11:52 AM IST
RBI may have to infuse ₹1 Lakh crore by March to maintain liquidity, SBI says
The report highlighted that systemic liquidity remains tight, with a deficit of approximately ₹1.6 lakh crore as of the end of February.
Published on Mar 04, 2025 10:50 AM IST
ANI |
PayPal-backed startup does India's first e-rupee deal worth $3.5 million: Report
The Mumbai-based Mintoak said the deal will enable its partners like HDFC Bank, Axis Bank and SBI to offer more comprehensive CBDC-related payment services.
Published on Mar 04, 2025 08:49 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Paytm, 2 subsidiaries receive notice for FEMA violations worth ₹611 crore
Paytm-parent One 97 Communications revealed information about the show-cause notices via a disclosure to the exchanges.
Updated on Mar 02, 2025 10:48 AM IST
Ashley Paul
Kerala Congress reacts after Preity Zinta slams party over ₹18 crore loan claim
Kerala Congress asked Preity Zinta to provide proof of her claims and cited a report of corruption related to the New India Cooperative Bank.
Updated on Feb 25, 2025 06:11 PM IST
Spooked by RBI ban, New India Co-op Bank customers throng branches
All requests for withdrawal of funds were turned down, with banners at branch gates saying deposits would be paid back in around 90 days
Published on Feb 15, 2025 07:54 AM IST
Shreya JachakAnamika Gharat
RBI imposes ₹68 lakh penalty on Nainital Bank, Ujjivan Small Finance Bank
RBI also levied a penalty of ₹5.80 lakh on Shriram Finance, a non-banking entity, for non-compliance with certain provisions.
Updated on Feb 14, 2025 08:25 PM IST
PTI |
New India Co-operative Bank customers panic after RBI imposes restrictions
Several people gathered outside New India Co-operative Bank after RBI's restrictions on the bank triggered uncertainty among customers regarding their deposits.
Updated on Feb 14, 2025 04:43 PM IST
Saturday bank holiday: Are banks open or closed on February 15? Full month list
Saturday bank holiday: Banks will remain closed on specified holidays, along with second and fourth Saturdays. Customers can still use digital banking services.
Published on Feb 14, 2025 11:28 AM IST
No bank holiday on March 31 for Ramzan-Id (Id-Ul-Fitr) | See full details
No bank holiday on March 31: The Reserve Bank of India (RBI) has instructed banks to remain open on Monday, March 31, 2025.
Updated on Feb 14, 2025 11:13 AM IST
Indian man claims he found rare ₹500 note, Reddit quickly shuts down theory
After finding a ₹500 note from his grandfather's belongings, an Indian man sought Reddit's input on its value.
Updated on Feb 11, 2025 01:36 PM IST
Sensex, Nifty 50 today: Stock market opens red as metals and healthcare drag
Sensex, Nifty 50 today: The stock market plunged into the red upon opening as trading began on Monday, February 10, 2025.
Published on Feb 10, 2025 09:37 AM IST
RBI introduces additional authentication feature for international transactions
This will bring international digital transactions made using Indian-issued cards under the same security standards of domestic transactions
Published on Feb 07, 2025 02:36 PM IST
RBI MPC cuts repo rate. What does it mean for your home, car loan EMIs?
RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five years.
Published on Feb 07, 2025 12:22 PM IST
RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%
Updated on Feb 07, 2025 11:43 AM IST