The Reserve Bank of India has fined Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank for various regulatory ...

RBI has given loan borrowers reason to cheer with two back-to-back repo rate cuts in this calendar year. This is likely to translate into lower EMIs in the coming months. We explain the math: The ...

The RBI’s second consecutive 25 bps rate cut is expected to lower interest rates on your home loan and personal loan. We take a look at what experts say about benefit to borrowers.(Image ...

India's central bank, the Reserve Bank of India (RBI), issued a new draft guideline for gold loans on Wednesday, April 9. The draft guideline has directed that lenders have uniform documentation ...

India's Central Bank RBI Governor Sanjay Malhotra announced that NPCI will have the authority to revise UPI transaction limits for in-person merchant transactions. Additionally, the regulatory ...

BharatPe Group company Resilient Payments Pvt Ltd has secured final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator. The company aims to deepen its ...

The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday (April 9, 2025) announced a reduction in the repo rate to 6 per cent, a 25 basis point reduction, its second cut this year. This ...

Fixed-interest-rate loans, like personal loans will not be affected by the RBI rate cut. These are generally short-term loans and are not aligned with any external or internal benchmark. As the banks ...

Home loan interest rates are set to come down once again, with Reserve Bank of India (RBI) governor Sanjay Malhotra on April 9 announcing the monetary policy committee’s decision to cut the repo ...

The Reserve Bank of India has lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices.

India Post has launched a new facility in collaboration with Nippon India Mutual Fund, in which KYC (Know Your Customer) verification will be done at your doorstep. This is a big relief especially ...