Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Business Line4d
Ujjivan SFB files universal banking licence application with RBI
Ujjivan Small Finance Bank (SFB) today filed an application with the Reserve Bank of India (RBI) for getting a universal bank license, the bank said in a statement. Sanjeev Nautiyal, MD & CEO ...
Mint4d
Mint explainer: Who complained to RBI against banks, non-bank lenders?
The RBI introduced the framework for strengthening of grievance redressal mechanism in banks in January 2021, comprising enhanced disclosure requirements on complaints, recovery of cost of ...
Business Line5d
RBI considering hiking ATM cash transaction, interchange fees
Bank customers will have to shell out more for withdrawing cash from automated teller machines (ATMs) as the Reserve Bank of India (RBI) is considering to hike the maximum fee that banks can ...
Opinion
A tough call: On the RBI MPC’s first policy review of 2025
With 2024-25 GDP growth downgraded to just 6.4%, and the no marked uptick in economic metrics in the December-ending quarter, growth worries remain entrenched ...
RBI Repo-Rate Cut, First in Five Years, Spawns Celebratory Middle-Class Memes
A week after the 2025 Union Budget introduced an exemptive, new tax regime, India’s middle-class has another reason to ...
ET Now on MSN1d
RBI Policy 2025, RBI Repo Rate: New Governor Sanjay Malhotra cuts policy rate by 25 bps to 6.25%
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
India’s forex reserves up by $1.05 billion
The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank of India (RBI) data. Meanwhile, gold reserves went up by $1.242 billion to ...
Zee Business3d
Ujjivan Small Finance Bank submits application for universal banking licence to RBI
Ujjivan is prepared to join the ranks of universal banks, considered a very significant milestone in its evolution, subject to RBI granting approval to its application, bank said. The bank has ...
moneycontrol.com3d
Ujjivan Small Finance Bank applies for universal banking licence with RBI
Ujjivan Small Finance Bank, on February 4, 2025, said it has applied to the Reserve Bank of India (RBI) for a Universal Banking licence, aiming to expand its business portfolio. For a bank to be ...
Mint4d
How small credit card disputes with banks can snowball into major mistrust
“Over the next four months, I wrote to the bank’s customer care service, nodal officer and senior management and lodged a complaint with the Reserve Bank of India (RBI) ombudsman. My dispute ...
The Financial Express5d
Apt time for a rate cut by RBI, says finance secretary
The Reserve Bank of India’s (RBI) Monetary Policy Committee is all set to hold its next meeting on February 5-7. The government has been prudent with its fiscal policy while also spurring growth ...