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The RBI will repurchase government bonds valued at Rs 40,000 crore
RBI News update:
On Monday, the Reserve Bank of India (RBI) announced it would repurchase government bonds worth Rs 40,000 crore on Thursday. Bond market...
Philippines expects 150 bps rate cuts in 2 years: finance minister
Philippines fiscal policy update:
The finance minister of the Philippines, Ralph Recto, who is a member of the seven-member policy-making monetary board, stated on Monday...
Kotak Mahindra Bank adjusts fees for savings and salary accounts: Review the specifics.
Kotak Mahindra Bank news:
Kotak Mahindra Bank, a private lender, has made adjustments to the charges associated with certain services on both salary and savings...
SBI might decisively and optimistically raise infrastructure loan rates if the RBI’s transformative draft regulations are implemented, according to Dinesh Khara
SBI loan rate update:
State Bank of India’s chairman, Dinesh Kumar Khara, indicated that the bank might reprice infrastructure loans if the Reserve Bank of...
ICICI Bank appointed Pradeep Kumar Sinha as Part-time Chairman after RBI’s approval
ICICI Bank appointed Pradeep Kumar Sinha
The Reserve Bank of India has approved the appointment of Pradeep Kumar Sinha as the Part-time Chairman of ICICI...
World Bank’s IDA 21st Replenishment Final Meeting in December 2024 will held in South Korea
South Korea to Host World Bank's IDA:
In December 2024, Seoul, South Korea, will host the critical pledging meeting for the International Development Association (IDA)...
Urban co-operative banks are not interested in becoming small finance banks, according to RBI’s Satish Marathe
Urban co-operative banks:
Urban co-operative banks (UCBs) are reluctant to convert into small finance banks (SFBs) due to the operational changes it entails, stated Satish...
Danske Bank bucks the trend, asserting that rupee bulls are mistaken as a record low approaches
Danske Bank Bucks the Trend, Asserting Rupee Bulls are Mistaken as Record Low Approaches
Danske Bank, the top forecaster for the Indian rupee, is defying...
Buddha Purnima Bank Holiday 2024: Will Banks Delightfully Close on May 23?
Buddha Purnima Bank Holiday 2024:
The Reserve Bank of India's annual calendar designates Buddha Purnima, on Thursday, May 23, as a holiday, resulting in bank...
RBI’s record ₹2.11 trillion dividend to assist Centre’s FY25 fiscal deficit, reduce bond yields
RBI's Record ₹2.11 Trillion Dividend to Assist Centre's FY25 Fiscal Deficit, Reduce Bond Yields
The central bank's announcement on Wednesday of a record ₹2.11-trillion dividend...
RBI Deputy Governor Sounds Alarm Over ARCs’ Supervisory Issues
RBI Deputy Governor Raises Supervisory Concerns
The Reserve Bank of India (RBI) has identified several supervisory concerns in the functioning of asset reconstruction companies (ARCs),...
RBI Empowers Positive Decrease in Government Treasury Bill Auction Volume
RBI Reduces Government Treasury Auctions:
Amid tight liquidity conditions, the central bank has announced a significant reduction in government treasury bill sales and introduced new...
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