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Latest from reserve bank
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.

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.

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.

Revenue secretary Sanjay Malhotra appointed as new RBI governor
Revenue secretary Sanjay Malhotra appointed new RBI governor

Since withdrawal, 98% of ₹2,000 notes have been returned: RBI
The Reserve Bank of India reported that 98% of ₹2,000 notes have been returned since their withdrawal announcement in May 2023.
