News

Bank holiday today on Bakrid: Are banks open or closed on June 7 for Eid al-Adha? Check region-wise list
Banks will observe a holiday on June 7, 2025, for Bakrid in various regions of India. Customers should verify local holiday ...
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India’s RBI maintains stance on crypto despite Supreme Court directive
The Reserve Bank of India has said its stance on digital assets remains the same, despite the recent Supreme Court directive.
India's central bank rejects Annapurna Finance's universal banking license application
The Reserve Bank of India said on Friday it has declined the application of Annapurna Finance for setting-up a universal bank ...
RBI's T Rabi Sankar appointed part-time member of 16th Finance Commission
The appointment of T Rabi Sankar is consequent to the resignation of one of the full-time Members of the XVIFC, Ajay Narayan ...
Lone Analyst Who Predicted Deep India Rate Cut Expects One More
The lone economist who predicted the Reserve Bank of India’s out-sized interest rate cut on Friday expects another smaller ...
Exclusive-Walmart’s Flipkart Secures Approval for Direct Lending in India, Documents Show
(Reuters) -Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it ...
RBI's Rate Cut: Lending Rates To Slip 30 BPS; Loans To Be Impacted, Says State Bank Of India Report
New Delhi [India]: Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, ...
Crypto trading in India: Could hamper financial stability, says RBI gov; no new Bill yet
The Reserve Bank of India has reiterated its concerns regarding cryptocurrencies, emphasizing their potential to destabilize ...