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New Delhi: With inflation poised to decline to a historical low since 2004 with GST rationalisation amid India-US trade talks back on track, a rate cut in September is the best possible option for RBI which also projects it as forward-looking central bank, an SBI report said on Monday. The RBI Monetary Policy Committee (MPC)…
Last Updated:June 09, 2025, 10:57 is The RBI cut the repo rate by 50 basis points to 5.50 percent. Banks like Bank of Baroda, PNB, UCO Bank, and HDFC Bank have followed the suit to reduce their lending rates. Banks have followed the suit following RBI’s repo rate cut by 50 bps to 5.50 per…
New Delhi: The latest Reserve Bank of India (RBI) measures worth Rs 1.5 lakh crore to inject liquidity into the banking system should ease the stress in money markets, while the start of bond purchases is also likely to drive rupee rates lower through signalling effect and expectation channel that RBI will avoid any tightening…
Hindi News Business RBI UPI LITE Transaction Wallet Limit Details; RTGS, NEFT Lookup Facility Mumbai22 minutes ago copy link The Reserve Bank of India (RBI) has increased the transaction limit on UPI Lite from ₹500 to ₹1000. With this, RBI has increased the limit of UPI Light Wallet from ₹ 2000 to ₹ 5000. At…