Daily Latest News
New Delhi: The Reserve Bank of India is pushing to make UPI even more popular while addressing questions about who pays to keep the system running. Speaking at the post‑MPC press conference on Wednesday, RBI Governor Sanjay Malhotra clarified the central bank’s view on UPI charges, putting an end to the ongoing speculation.// Responding to…
Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced the standardisation of procedures for settling claims related to bank accounts and safe deposit lockers of deceased customers. Announcing the RBI August Bi-monthly policy, Governor Malhotra said, “We Will be standardising the procedure for settlement of claims in respect of bank accounts and…
Mumbai: The RBI on Wednesday retained its forecast for India’s GDP growth at 6.5 per cent for FY 2025-26, despite global uncertainties, as it expects strong rural demand on the back of a good monsoon and robust government expenditure on big ticket infrastructure projects to propel growth. RBI Governor Sanjay Malhotra said, “The above normal…
New Delhi: Contrary to widespread expectations of a rate cut, the Reserve Bank of India (RBI) kept the key interest rates unchanged on Wednesday. The Monetary Policy Committee has unanimously decided to keep the repo rates unchanged at 5.50 percent, RBI Governor Sanjay Malhotra said, while announcing the August 2025 bi-monthly monetary policy. Economists had…
New Delhi: The Reserve Bank of India (RBI) is all set to announce the policy repo rate today, as the three-day Monetary Policy Committee (MPC) meeting comes to a close. According to economists, there are strong reasons why the RBI might consider another rate cut of at least 25 bps — upcoming US tariffs likely…
No news Business RBI Repo Rate | RBI Monetary Policy Meeting 2025 Update; Sanjay Malhotra EMI Loan New Delhi53 minutes ago Copy link The Reserve Bank (RBI) Monetary Policy Committee (MPC) meeting will end on today i.e. August 6. According to experts, the Monetary Policy Committee can also cut the repo rate by 0.25% this…
No news Business RBI Repo Rate | RBI Monetary Policy Meeting 2025 Update; EMI Loan Sanjay Malhotra New Delhi32 minutes ago Copy link RBI’s Monetary Policy Committee consists of 6 members. Of these, 3 are of RBI, while the rest are appointed by the central government. This meeting takes place every two months. The meeting…
Last Updated:June 06, 2025, 10:45 is RBI Governor Sanjay Malhotra says the MPC felt frontloading of rate cut will boost growth; the RBI MPC changes its policy stance from ‘accommodative’ to ‘neutral’. The RBI also reduced the SDF to 5.25 per cent, and MSF and Bank Rates to 5.75 per cent. RBI Monetary Policy Committee…
New Delhi: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo rate to 5.75 per cent. Chaired by RBI Governor…
New Delhi29 minutes ago Copy link The Reserve Bank (RBI) Monetary Policy Committee (MPC) meeting will start today i.e. June 4. According to experts, the Monetary Policy Committee can also cut the repo rate by 0.25% this time. That is, loans may be cheap in the coming days. On June 6, at 10 am, RBI…