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New Delhi: The Reserve Bank of India (RBI) is all set to announce its October Monetary Policy Committee (MPC) decision today. RBI Governor Sanjay Malhotra will deliver the verdict at 10 am. The RBI’s policy announcement will be streamed live on its official YouTube channel, X handle, and website. Later at noon, a detailed press…
New Delhi: The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan. Speaking on the possible impact of such a…
New Delhi: Benchmark Indian bond yields are expected to ease slightly over the next three months, driven by favourable inflation data and stable oil prices, a report said on Wednesday. The 10-year government bond yield, which stood at 6.59 per cent on August 31, is expected to inch down to the 6.42 per cent-6.52 per…
New Delhi: Every banknote issued by the Reserve Bank of India –Rs 2, Rs 5, Rs 10, Rs 20, Rs 50, Rs 100, Rs 200, Rs 500, and Rs 2000 –unless they are withdrawn from circulation, are legal tender at any place in India. But have you noticed that every Indian currency is backed by…
Last Updated:September 10, 2025, 15:16 is RBI Grade B Recruitment 2025: The online application process has commenced today, September 10 and will conclude on September 30, 2025. The Reserve Bank of India has released the detailed notification for Grade B Recruitment 2025 on its website rbi.org.in. (Representative/File) The Reserve Bank of India has commenced the…
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…
Automated Teller Machines (ATMs) have made banking far more convenient, significantly reducing the need for customers to visit bank branches. However, while the ease of access is welcomed, many people remain unaware of the rules and charges associated with ATM transactions. Recently, the Reserve Bank of India (RBI) announced updated guidelines concerning free transaction limits…
New Delhi: Planning your week ahead? It’s important to know that the Reserve Bank of India (RBI) has announced several bank holidays for August 2025. Due to various regional festivals and official observances under the RBI’s Negotiable Instruments Act, banks in many cities across India will remain closed on specific days. Keep in mind that…
New Delhi: In a thoughtful move ahead of the festive season, the central government has announced that salaries, wages, and pensions for August 2025 will be disbursed early for its employees and pensioners in Maharashtra and Kerala. This early payment comes in light of the upcoming Ganesh Chaturthi and Onam festivals, helping families prepare and…