Reserve Bank of India

RBI to Overhaul Customer Compensation Rules for Small-Value Bank Frauds

RBI to Overhaul Customer Compensation Rules for Small-Value Bank Frauds

RBI Governor Sanjay Malhotra announced on Friday that the central bank will soon introduce a new framework for compensating customers…

1 month ago

Interest Rate Cut Unlikely in October as Inflation Expected to Rise, Says SBI Report

Despite a record low of 1.55% in July, a new State Bank of India report predicts a rise in August…

7 months ago

Bank Holiday Today? Here’s Why Banks Are Shut Across India on June 14

June 14, 2025: Banks across India are closed today, June 14, 2025, as per the Reserve Bank of India’s (RBI)…

9 months ago

RBI Expected to Cut Rates in April, Signaling Shortest Easing Cycle in Decades

With inflation at a seven-month low and growth slowing, the Reserve Bank of India is likely to deliver a 25…

12 months ago

India’s Forex Reserves Dip by $1.78 Billion, RBI Intervention Suspected

Foreign exchange reserves decline amid RBI's efforts to stabilize the Rupee, now near its all-time low against the US dollar.

1 year ago

India’s Forex Reserves Dip by $8.48 Billion Amid RBI Intervention to Stabilize Rupee

The decline marks the 11th drop in 12 weeks, with reserves falling to a multi-month low of $644.39 billion. New…

1 year ago

India’s Forex Reserves Strong Enough to Cover 11 Months of Imports, Says RBI

With reserves at $652.9 billion, India's forex buffer remains robust, ensuring stability amid global economic uncertainties. Mumbai, December 24: India's…

1 year ago

India’s Forex Reserves Decline Amid Rupee Pressure

RBI Utilizes Forex Reserves to Manage Rupee Volatility, Says Union Bank Report Mumbai, December 5: The Reserve Bank of India…

1 year ago

RBI Holds Repo Rate Steady; Morgan Stanley Predicts No Rate Cuts

The Reserve Bank of India (RBI) has held the repo rate steady at 6.5% for the seventh consecutive time, indicating…

2 years ago

Release Borrowers’ Property Documents Within 30 Days Of Loan Settlement Or Pay Compensation: RBI

Mumbai (Maharashtra) [India] : The Reserve Bank of India on Wednesday asked banks and other regulated entities to release all…

2 years ago