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There has been no change in the repo rate in the first meeting of the new financial year. It has been maintained at 5.25%. That means the loan will not be expensive and your EMI will also not increase. RBI Governor Sanjay Malhotra today informed about the decisions taken in the Monetary Policy Committee meeting…
New Delhi39 minutes ago copy link Next month i.e. in April, banks will not function for a total of 14 days in different states of the country. According to the calendar released by RBI, next month banks will remain closed at different places for 8 days except 4 Sundays and 2nd-4th Saturdays. The month will…
New Delhi2 hours ago copy link Yesterday’s big news was related to RBI. RBI has directed that banks will no longer be able to keep more than 100 million dollars (about Rs 950 crore) with themselves every day. Whereas gold fell by Rs 4,276 in a week to Rs 1.43 lakh per 10 grams. Before…
New Delhi49 minutes ago copy link Yesterday’s big news was related to RBI. RBI has directed that banks will no longer be able to keep more than 100 million dollars (about Rs 950 crore) with themselves every day. Whereas gold fell by Rs 4,276 in a week to Rs 1.43 lakh per 10 grams. Before…
Mumbai22 minutes ago copy link Atanu Chakraborty is a retired IAS officer of Gujarat cadre of 1985 batch. HDFC Bank’s part-time chairman and independent director Atanu Chakraborty resigned late on March 18. The bank has given this information in its stock exchange filing. Chakraborty has raised questions on the working methods of the bank. After…
Hindi News Business Bank Strike Jan 27: Employees Demand 5 Day Working | Govt Banks Affected New Delhi32 minutes ago copy link Employees of all public sector banks in the country will be on strike tomorrow. According to PTI, the United Forum of Bank Unions (UFBU) has announced a nationwide strike on Tuesday, January 27,…
Hindi News Business ICICI Bank Asset Quality Improves, NPA Drops To 1.53%; Sandeep Bakhshi MD CEO For 2 Years Mumbai1 hour ago copy link ICICI Bank, the country’s second largest private bank, has released the results of its third quarter (Q3 FY26) of its current financial year on Saturday (January 17). The bank’s net profit…
Mumbai49 minutes ago copy link HDFC Bank, the country’s largest private sector lender, has declared the results of the third quarter (Q3FY26) of the financial year 2025-26 on Saturday (January 17). The bank’s standalone net profit in the December quarter increased by 11.5% year-on-year to Rs 18,654 crore. In the same quarter last year, the…
Revenue Secretary Sanjay Malhotra has been appointed as the new Governor of Reserve Bank of India (RBI). Malhotra will take charge as the 26th Governor of RBI on December 11, 2024. The tenure of current Governor Shaktikanta Das is ending on December 10. Malhotra’s tenure as RBI Governor will be for 3 years. The government…