Daily Latest News
New Delhi: The Reserve Bank of India (RBI) has declared the premature redemption price for Sovereign Gold Bonds (SGB) 2020-21 Series VI, which were issued on September 8, 2020. Investors can opt for premature redemption on September 6, 2025 (since September 7 and 8 are holidays), the RBI said in its latest statement. Sovereign Gold…
Last Updated:September 06, 2025, 12:01 is Sovereign Gold Bonds: The redemption has been permitted today, September 6, 2025, and the price has been fixed at Rs 10,610 per unit, a 108% gain over the issue price of Rs 5,117. The Sovereign Gold Bonds (SGBs) under the 2020-21 Series VI were issued by the RBI on…
New Delhi: Public sector lender Bank of Baroda (BoB) has announced a reduction in its Car and property Loan interest rates to mark the beginning of the festive season. The rate cut is over and above the rate reduction by the Bank post the 100 basis points cut in the policy repo rate by the…
New Delhi: The Reserve Bank of India (RBI) has begun the September 2025 round of its Urban Consumer Confidence Survey (UCCS) and Rural Consumer Confidence Survey (RCCS), inviting households across the country to share their views on the economy, jobs, income, prices, and spending. These surveys provide valuable insights for RBI’s monetary policy decisions. The…
No news Business RBI To Auction Rs 32,000 Crore Worth Of Government Securities On August 29 Mumbai New Delhi28 minutes ago Copy link The bid for the auction will have to be deposited electronically on the RBI’s core banking solution (e-Kuber) system on August 29. The Reserve Bank of India (RBI) said that the Government…
New Delhi: The State Bank of India (SBI.NS), the country’s largest lender by assets, has approached the Reserve Bank of India (RBI) seeking permission for banks to finance mergers and acquisitions, Chairperson Challa Sreenivasulu Setty said on Monday. At present, RBI regulations prohibit banks from directly funding acquisition deals, forcing companies to depend on non-banking…
Last Updated:August 24, 2025, 08:12 is The RBI has clarified that pursuant to the acquisition, SMBC would not be treated as a promoter of Yes Bank, according to a statement. Yes Bank SMBC Deal RBI Approval. Yes Bank has said the RBI has accorded approval to Japan-based Sumitomo Mitsui Banking Corporation (SMBC) to acquire up…
Mumbai52 minutes ago Copy link Yes Bank shares fell 21% in a year. Sumitomo Mitsui Banking Corporation (SMBC) of Japan will buy a stake in Mumbai’s Private Sector Bank Yes Bank. SMBC has received approval from the Reserve Bank of India (RBI) for this purchase. This information has been given by Yes Bank in stock…
New Delhi: Mumbai-based private sector lender Yes Bank Ltd on Saturday announced that it has received approval from the Reserve Bank of India (RBI) for Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99 percent stake in the bank. The approval was conveyed through an RBI letter dated August 22, 2025, and will…
New Delhi: Reserve Bank of India (RBI) has released the calendar for Premature Redemption of Sovereign Gold Bond Scheme during October 2025 – March 2026 period. For Sovereign Gold Bond (SGB) Scheme issued by the RBI, premature redemption of the gold bonds is permitted after five years from the date of issue of such bonds….