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New Delhi: The year-on-year inflation based on the Consumer Price Index (CPI) for December 2025 stood at 1.33% (provisional) compared to December 2024. This was mainly attributed to higher inflation in personal care and effects, vegetables, meat and fish, eggs, spices, and pulses and products, according to data released by the Ministry of Statistics &…
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…
In India, government jobs are more than just a source of income – they are a symbol of prestige, power, and social security. Every year, millions of young people dedicate themselves to preparing for UPSC, SSC, and banking exams, driven by the promise of a luxurious lifestyle and attractive salaries. Since the 7th Pay Commission’s…
New Delhi: India’s economy continues to grow strongly on the back of robust domestic demand, despite persistent global challenges, according to the Financial Stability Report (FSR) of the Reserve Bank of India (RBI). The Financial Stability Report (FSR) is a half yearly publication that includes contributions from all financial sector regulators. It presents the collective…
New Delhi: Reserve Bank of India (RBI) may undertake more open market operations in February–March to keep durable liquidity, a report said on Tuesday. The report from the Axis Mutual Fund said that RBI is likely to maintain liquidity at around 1.25/1.75 per cent of net demand and time liabilities, even as the best of…
New Delhi: The government of India on Monday announced the sale (re-issue) of “6.48 per cent Government Security 2035” for a notified amount of Rs 32,000 crore through price-based auction using the multiple price method. The auction will be conducted by the Reserve Bank of India’s Mumbai Office on January 2. The Government will have…
New Delhi: The Indian commercial banking sector remained resilient during 2024-25 and 2025-26 so far, supported by double-digit balance sheet expansion while asset quality strengthened further, with the gross non-performing assets (GNPA) ratio declining to a multi-decadal low of 2.1 per cent at end-September this year, according to an RBI report released on Monday. Deposits…
Last Updated:December 27, 2025, 04:28 IST The bank clarified that it has already made 100 per cent provisions for the entire outstanding amount The current fraud classification by PNB follows forensic audits—conducted by firms such as KPMG—that flagged irregularities including the siphoning of funds through “related-party transactions’ and the ‘evergreening’ of loans to mask non-performing…
RBI Guidelines For Cheque Clearing Time: The Reserve Bank of India (RBI) said on Wednesday that it has delayed the rollout of Phase 2 of the faster cheque clearance system by banks. The new phase was earlier set to begin on January 3, 2026. The RBI also announced changes to cheque processing timings. Cheques can…
Mumbai: The Reserve Bank of India (RBI) on Tuesday announced a fresh set of steps to inject a large amount of money into the banking system to ease tight liquidity conditions. Through a mix of open market operations (OMOs) and a foreign exchange swap, the central bank will add nearly Rs 3 trillion to the…