RBI
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Bank of India cuts lending rate after RBI’s repo rate reduction
Mumbai: The Bank of India (BOI) on Friday reduced its repo-based lending rate (RBLR) by 50 basis points, bringing it down from 8.85 per cent to 8.35 per cent. This move follows…
- Business
Another RBI rate cut to spark affordable real estate momentum: Experts
New Delhi: As the Reserve Bank of India (RBI) prepares for its monetary policy committee (MPC) meeting this week, industry experts said on Tuesday that the transmission of rate cuts into lower…
- India
RBI MPC may cut repo rate on June 6 as inflation cools: Analysts
New Delhi: As the RBI’s Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of…
- Business
RBI to use shredded banknotes in making particle boards
Mumbai: To make banknote disposal more environment-friendly, the Reserve Bank will use shredded banknotes for making particle boards and has started a process to empanel board manufacturers, according to its annual report…
- Business
RBI announces record Rs 2.69 lakh cr dividend bonanza for Modi govt
Mumbai: The Reserve Bank of India (RBI) on Friday approved its highest-ever dividend of a staggering Rs 2.69 lakh crore to the PM Narendra Modi-led Central government for the financial year 2024-25.…
- India
RBI imposes over Rs 1.66 lakh penalty on Union Bank of India
Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of more than Rs 1.66 lakh on Union Bank of India over discrepancies observed in soiled note remittance, the bank said…
- Business
Economists see RBI dividend to govt surpassing record Rs 2.5 lakh cr in 2025-26
Mumbai: Economists expect the Reserve Bank of India’s (RBI) dividend to the government to surpass a record over Rs 2.5 lakh crore this year as the central bank earnings, through the sale…
- Business
Muthoot Finance shares declines over 7 pc amid RBI’s draft LTV guidelines
Mumbai: Shares of Muthoot Finance on Thursday slipped 7.25 per cent or Rs 163.90 to hit an intra-day low of Rs 2,096 on the national Stock Exchange (NSE) amid Reserve Bank of…
- Business
India’s WPI inflation falls to 13-month low
New Delhi: India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March…
- Business
India has 879.59 metric tonnes of gold, 511.99 MT held domestically: RBI
New Delhi: The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank…
- India
Rs 2000 notes worth Rs 6266 cr still in circulation after withdrawal 2 years ago
Mumbai: The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000…
- Business
RBI approves executive committee to oversee IndusInd Bank operations
New Delhi: The Reserve Bank of India (RBI) has approved the constitution of an interim committee to oversee the operations of IndusInd Bank, which will discharge the duties, roles and responsibilities of…
- Business
RBI’s move to inject liquidity seen as a positive for bond prices
Mumbai: The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The…
- India
RBI set for deeper easing cycle, Sensex at 82000 by Dec: Morgan Stanley
New Delhi: Lower inflation and slower growth should allow the RBI to respond with a deeper easing cycle, with a cumulative easing of 100bps and two more cuts in 2025, a Morgan…
- Business
RBI to issue new guidelines for gold loans
Mumbai: RBI Governor Sanjay Malhotra announced on Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue.…
