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RBI has taken two decisions to manage the continuously weakening Indian rupee against the dollar and to control the fluctuations in the money market. RBI has launched a ‘Special Dollar Window’ to meet the daily dollar requirements of state-owned oil companies. Apart from this, Reserve Bank of India has also tightened the rules related to…
The RBI raised the repo rate by 25 basis points today New Delhi: One of the places that banks in India can borrow some money from is the Reserve Bank of India (RBI). The central bank then charges interest on the money it lends to the banks. “Can I borrow some money, please?” a bank…
The Reserve Bank of India (RBI) could raise the repo rate by 25 basis points in October, with one or two more hikes possible later in FY27, potentially taking the benchmark rate to 5.75-6 per cent, according to a Union Bank of India report. The report said persistent inflation risks, elevated crude oil prices and…
News india The Gandhi Photograph You Carry In Your Wallet: Who Actually Took It And How Did It End Up On Indian Currency Notes? Last Updated:October 02, 2026, 6:01 PM IST This Gandhi Jayanti, look closely at your Rs 500 note. The famous face on your currency note wasn’t drawn The original photograph was captured…
Mumbai1 hour ago copy link Anoop Bagchi has more than 30 years of experience in the financial sector. (file photo) HDFC Bank has appointed Anoop Bagchi as its new Managing Director and Chief Executive Officer. Bagchi will take charge from October 27. His tenure will be for 3 years. After getting approval from RBI, the…
Mumbai6 minutes ago copy link HDFC Bank has appointed Anoop Bagchi as its new Managing Director (MD) and Chief Executive Officer (CEO). After getting approval from the Reserve Bank of India (RBI), the bank has given this information in its stock exchange filing on October 1. Bagchi will take charge from October 27. The tenure…
Tata Trusts has made a plan to free Tata Sons, the main company of Tata Group, from some strict rules and restrictions of RBI. Under this plan, two separate companies of Tata – Tata Electronics and Tata Consulting Engineers will be merged with Tata Sons. That means these three companies will be merged into one….
Last Updated:September 25, 2026, 08:58 IST Public sector banks and regional rural banks will remain open on Sunday, September 27, 2026, even though Sunday is normally a bank holiday. The United Forum of Bank Unions (UFBU) has called for a three-day nationwide bank strike from September 28 to September 30. Banks Open On Sunday Ahead…
Last Updated:September 24, 2026, 2:53 PM IST The three-day strike called by the United Forum of Bank Unions (UFBU) is scheduled for September 28, 29 and 30. All public sector banks (PSBs) and regional rural banks (RRBs) will function normally on September 27. Bank Strike September 28-30: Banks are set to witness a major disruption…
The Finance Ministry has informed that the Reserve Bank of India (RBI) has given approval to keep all bank branches, offices, ATM-linked branches and currency chests fully operational in the country on coming Sunday i.e. 27 September 2026. This step has been taken in view of the three-day nationwide bank strike proposed by the United…