Follow Us on Google News New Delhi, June 6 (IANS) If you have a home loan, your EMI is set to reduce by over Rs 1,500 a month thanks to the Reserve Bank of India’s latest move. With the central bank cutting the repo rate by 50 basis points — from 6 per cent to … Read more
Follow Us on Google News Chennai, May 28 (IANS) Tamil Nadu Chief Minister M.K. Stalin has written to Union Finance Minister Nirmala Sitharaman, urging her to advise the Reserve Bank of India (RBI) to reconsider the proposed changes in the RBI (Lending against Gold Collateral) Directions, 2025. He warned that the restrictions would severely impact … Read more
Follow Us on Google News Mumbai, April 29 (IANS) 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 move is also expected to prop up bond prices, which had declined due to a … Read more
Follow Us on Google News Mumbai, April 9 (IANS) The Reserve Bank of India (RBI) has done the right thing by sticking to market expectations at a time when uncertainty is high, Katrina Ell, Economic Research Director at Moody’s Analytics said on Wednesday. She believes the central bank’s move to cut the repo rate by … Read more
Follow Us on Google News New Delhi, March 26 (IANS) The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, … Read more
Follow Us on Google News New Delhi, March 16 (IANS) Prime Minister Narendra Modi on Sunday congratulated the Reserve Bank of India (RBI) for winning the ‘Digital Transformation Award 2025’ by Central Banking, London. PM Modi shared his appreciation on social media platform X, quoting RBI’s post and calling it a remarkable achievement. He emphasised … Read more