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RBI Cuts Repo Rate by 0.25 Percentage Point, Raises GDP Growth Forecast
Mumbai, 5 December: The Reserve Bank of India on Friday reduced the key policy repo rate by 0.25 percentage point to 5.25 percent after reviewing macroeconomic conditions and global factors. The move comes amid strong economic growth and easing inflation.... 
RBI Governor Urges Banks and Corporates to Join Hands in Reviving Investment Cycle
Mumbai – Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday underlined the need for banks and corporates to work together in building a robust investment cycle at a time when the global economic environment remains unstable. Speaking at...
RBI Slashes Repo Rate by 0.50% to Boost Growth; Loans to Get Cheaper
Mumbai, June 6 – In a move aimed at supporting economic growth amid easing inflation, the Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday announced a 0.50 percent cut in the key policy rate (repo rate) for the... 
RBI Adds 25 Tonnes of Gold to Reserves in Second Half of FY 2024-25 Amid Rising Prices
Mumbai, May 5 – The Reserve Bank of India added nearly 25 tonnes of gold to its reserves during the second half of the financial year 2024–25, a period that witnessed a significant surge in global gold prices. As per...
Children Above 10 Can Now Operate Their Own Bank Accounts, Says RBI
Mumbai, April 21 – In a major update aimed at promoting financial inclusion among the youth, the Reserve Bank of India (RBI) has allowed children above the age of 10 to independently open and operate savings and fixed deposit accounts.... 
RBI’s Recent Moves on Digital Fraud, Co-Lending and Repo Rate Welcomed by CAIT Leaders
New Delhi, April 11, 2025 — Senior leaders from the Confederation of All India Traders (CAIT) have expressed strong support for the Reserve Bank of India's (RBI) recent policy decisions regarding digital fraud prevention, co-lending, and the reduction in the...
RBI Cuts Repo Rate Again to Boost Economy; Home and Auto Loans to Get Cheaper
In a bid to strengthen the Indian economy amid growing concerns over retaliatory tariffs by the United States, the Reserve Bank of India (RBI) on Wednesday reduced the benchmark repo rate by 0.25 percent for the second consecutive time, bringing... 
LIC Urges RBI to Introduce 100-Year Government Bonds
Mumbai, March 18 – Life Insurance Corporation of India (LIC) has urged the Reserve Bank of India (RBI) to introduce long-term government bonds, including a 100-year tenure, to support long-term investment needs. A senior LIC official confirmed the request on... 
RBI Directs IndusInd Bank to Complete Corrective Measures by March
Mumbai, March 15 – The Reserve Bank of India (RBI) has instructed IndusInd Bank's board to complete corrective measures within the current quarter, following the bank's disclosure of a major accounting discrepancy amounting to ₹2,100 crore.
As per agency report,...
RBI Introduces ‘Bank.in’ and ‘Fin.in’ Domains to Combat Digital Payment Frauds
New Delhi, February 7 – In a bid to tackle rising digital payment frauds, the Reserve Bank of India (RBI) has announced the launch of dedicated internet domains – Bank.in for banks and Fin.in for non-banking financial institutions (NBFCs). The...
RBI’s Monetary Policy Meeting: Decision on Repo Rate Cut to be Announced on Friday
Mumbai, February 6 – The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), under the leadership of newly appointed Governor Sanjay Malhotra, is set to announce its key decisions on Friday morning. This marks Malhotra’s first bi-monthly... 
RBI Proposes to Increase UPI Lite Transaction Limit and Wallet Capacity
Mumbai, October 9: The Reserve Bank of India (RBI) has proposed raising the transaction limit for Unified Payments Interface (UPI) Lite to ₹1,000 and increasing the wallet capacity to ₹5,000. This move aims to further enhance the popularity of UPI,... 