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Last Updated:May 20, 2026, 10:02 pm IST Scheduled to take place on May 26, the move is specifically engineered to inject durable, long-term Rupee liquidity into the commercial banking system The three-year currency swap provides an intermediate, durable liquidity solution that leaves the sovereign bond yield curve undisturbed. Representational image In a major structural intervention…
New Delhi25 minutes ago copy link The Reserve Bank of India (RBI) may further cut interest rates by 0.50% (50 basis points) in the year 2026. According to a recent report by IIFL Capital, even after cutting interest rates by a total of 1.25% in the year 2025, the central bank still has room for…
Despite UPI’s overwhelming popularity, ATM withdrawals remain essential. You probably use an ATM often, but have you ever wondered what happens if you press the cancel button twice? This question has sparked a wave of discussion across social media, prompting users to share their own theories — so here is the verified information. A claim…
India’s economy is on course to become the world’s third largest by 2030, with gross domestic product (GDP) expected to grow between 6.5 per cent and 9 per cent, according to the Department of Financial Services (DFS). The statement was made by DFS Secretary at the National Bank for Financing Infrastructure and Development (NaBFID) conclave,…
New Delhi: The government has issued a notification authorising the Institute of Banking Personnel Selection (IBPS) to use of Aadhaar authentication, on a voluntary basis, for verifying the identity of candidates appearing in its examinations. “The notification issued by the Department of Financial Services, Ministry of Finance, authorises IBPS to use Aadhaar authentication using Yes/No…
Reserve Bank of India (RBI) Governor Shaktikanta Das says that the common man should understand the RBI and its work. In an exclusive interview with NDTV Editor-in-Chief Sanjay Pugalia, Shaktikanta Das spoke in detail on various issues including the Indian economy, inflation rate, GDP growth rate, use of AI in the banking system and cyber…
Banks have to be proactive in dealing with liquidity management because the persistent gap between credit and deposit growth could become a challenge, leading to liquidity issues, Reserve Bank of India Governor Shaktikanta Das told NDTV Profit in an exclusive interview on Tuesday. Das asked banks to maintain a balance between credit and deposit growth….
“Nearly 50% of a household’s spending is toward food, future data will determine where rates will move. We have confidence that inflation will fall and come around 4%, but for this year, average CPI inflation rate is 4.5%, There are a lot of uncertainities to account for right now.” Source link [ad_3]