In a recent directive by the Reserve Bank of India (RBI), all banks responsible for disbursing pensions to retired central and state government employees are now mandated to pay an interest of 8% ...

The Reserve Bank of India (RBI) has released draft guidelines on gold loans, with analysts predicting a more significant impact on non-banking financial companies (NBFCs) and mid-tier banks ...

Amid global uncertainty thanks to unpredictable US tariffs, the Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously effected a rate cut and shift in stance. This gives the Indian ...

India's Central Bank RBI Governor Sanjay Malhotra announced that NPCI will have the authority to revise UPI transaction limits for in-person merchant transactions. Additionally, the regulatory ...

Banks consider three key factors when deciding how much interest to charge on a loan. The first is the repo rate—the rate at which the Reserve Bank of India (RBI) lends money to commercial banks.

Still, we'll intervene if excessive volatility demands it: RBI Guv Malhotra: Banks can invest in insurance companies Malhotra: We want transmission to happen as quickly as possible. The recent 25 ...

“Since the last RBI meeting, India's 1-year swap onshore OIS declined from 6.34 to 5.88, implying more rate cuts from the central bank. That will lower the finance cost for the EMIs of loans ...

Airlines are tightening regulations on power banks due to fire risks associated with lithium-ion batteries. Several incidents involving overheating and fires have prompted airlines like Qantas and ...

Repo-linked lending rate (RLLR) is the interest rate at which banks extend loans to customers, based on the repo rate set by RBI. The term “repo-linked lending rate” refers to an interest rate that is ...

triggering historic market rally 10:34 PM UTC · Updated ago Indiacategory India's finance minister says country needs support from central bank and government 3:39 PM UTC Indiacategory India ...