State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points.

Following the Reserve Bank of India’s latest 50 basis points (bps) repo rate cut, home loan borrowers can expect relief ...

The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting ...

The Reserve Bank of India is set to tighten rules under its Liberalised Remittance Scheme, targeting foreign currency deposits with lock-in periods. The move aims to curb passive wealth shifting and ...

While physical branches will see minimal disruption during the week of June 16–22, staying informed about upcoming regional closures can help customers better plan their financial activities.

Weve now entered the second half of June, and more state-specific bank holidays are lined up later in the month. According to ...

Studies show that monetary policy actions in India take two to three quarters to impact output, with a partial pass-through ...

The RBI alone will transfer a record ₹2.7 trillion in surplus to the Centre for 2025-26, which is even higher than the latest ...

Tamil Nadu Money Lending Entities Act aims to prevent coercive loan recovery, protecting vulnerable groups; penalties for ...

Malé's foreign exchange reserves have surged by more than $400 million, marking a notable strengthening of the nation's ...

Banks across India will remain closed only on Sunday, June 22, 2025, as per RBI’s holiday calendar. While physical branches are shut, digital banking services remain operational. State-wise bank ...

Set to borrow Rs 17,400 cr in first quarter of 2025-26, surpassing budget projections. Despite initial plans for Rs 14,000 cr ...