4 days ago · RBI cancels the licence granted to The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore, Tamil Nadu and allows it to function as non-banking institution

Press Releases (543 kb) Date : Feb 07, 2025: Monetary Policy Statement, 2024-25 Resolution of the Monetary Policy Committee February 5 to 7, 2025: Monetary Policy Decisions. ... Reserve Bank of India:

Press Releases (370 kb) Date : Feb 12, 2025: Result of the Daily Variable Rate Repo (VRR) auction held on February 12, 2025: Tenor: 1-day: Notified Amount (in ₹ crore) 2,50,000: Total amount of bids received (in ₹ crore) 1,93,865: Amount allotted …

RBI MPC Meeting 2025 Highlights: Repo rate cut by 25 basis points to 6.25%, says RBI governor Sanjay Malhotra; GDP growth projected at 6.7% - loan EMIs likely to come down

2 days ago · On April 24, 2024, the Reserve Bank of India had, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, imposed certain business restrictions on Kotak Mahindra Bank Limited (hereinafter referred to as ‘the bank’).The bank was directed to cease and desist from: onboarding of new customers through its online and mobile banking channels, and

Feb 7, 2025 · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.

Feb 7, 2025 · Lowering India’s interest rates for the first time in the last 57 months, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday unanimously cut the repo rate by 25 basis...

Dec 12, 2022 · The Reserve Bank of India (RBI) has issued a concept note on Central Bank Digital Currency (CBDC) on October 7, 2022. The Note is accessible at RBI’s website (https://www.rbi.org.in/S cripts/PublicationReportDetails.aspx?UrlPage=&ID=1218).

Oct 9, 2024 · RBI keeps the policy rates unchanged at 6.5% as expected. The stance was also changed to neutral in sync with the geopolitical conditions and the global growth challenges.

2 days ago · Global system-wide sales grow 5.6% for the fourth quarter and 5.4% for 2024 Global comparable sales up 2.5% in Q4, led by 4.7% at INTL and 2.5% at TH Canada 2024 Income from Operations grows 17.9% year-over-year and Organic Adjusted Operating Income grew 9% ~$1.0 billion of capital returned to shareholders in 2024 while investing for growth and reaching net leverage target RBI declares target ...