RBI Boosts Banking System Liquidity with ₹40,000 Crore OMO Purchase
The Reserve Bank of India (RBI) has declared intentions to implement an open market operation (OMO) on April 17 by…
12 APR 2025
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RBI’s repo rate hiking, a good move: Experts
The Reserve Bank of India’s (RBI) today released its second bi-monthly monetary policy 2018-19 review. The key highlights of the policy…
06 JUN 2018
RBI hikes repo rate by 25 bps
The Reserve Bank of India’s (RBI) much-anticipated monetary policy is out. This time, RBI’s monetary policy committee (MPC) has decided…
06 JUN 2018
RBI ends all withdrawal restrictions on savings bank accounts
Reserve Bank of India (RBI) has lifted all its restrictions on cash withdrawal limits applicable on savings bank accounts. The…
14 MAR 2017
RBI’s order on 100% incremental CRR may spell trouble for banks
The Reserve Bank of India has recently ordered the banks to deposit Rs 3,24,000 crore as CRR that was mobilised…
01 DEC 2016
Indian Bank revises its interest rates in FCNR (B) deposits
The Indian Bank has revised its rates in the foreign currency non-resident banking deposits. For the deposits in US Dollar,…
04 OCT 2016
Bank deposits growth rate surged to its maximum in more than a decade
Flow from the 7th Pay Commission payments and doubled credit to deposit ratio, causes bank deposits growth rate to be…
20 SEP 2016
RBI slashes key rates, raises hopes of cheaper loans
Raising hopes that home and car loans could be cheaper sooner than expected, the Reserve Bank of India has cut…
05 APR 2016
Union Budget to focus on banking sector revival: SBI Research
The upcoming Union Budget seems to have focus on revival of banking sector by setting up of a ‘bad bank’…
23 FEB 2016
RBI to announce monetary policy review in Feb
The central bank will announce its sixth Bimonthly Monetary Policy Review on February 2, the last before presentation of the…
30 JAN 2016
