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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
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RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
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"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
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RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
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Sensex, Nifty Open In Red Ahead Of Repo Rate Announcement
Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector.
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An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
-
RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
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ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
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This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
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"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
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RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
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Long Queues Outside Mumbai's New India Co-op Bank After RBI's Restrictions
The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.
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What Nirmala Sitharaman Said On India's Increased Gold Accumulation
India's rising gold reserves are not intended to replace any international currency, said Finance Minister Nirmala Sitharaman in Lok Sabha.
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NDTV Explainer: What Is RBI's Bank.in Domain, Rolled Out To Fight Financial Fraud
The Institute for Development and Research in Banking Technology (IDRBT) will be the exclusive registrar for the new domain.
![Gadgets 360 With Technical Guruji: News of the Week [August 17, 2024]](https://c.ndtvimg.com/2024-03/lmepem8s_news-of-the-week_640x480_09_March_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [August 17, 2024]")
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RBI Allows Minors Over 10 Years To Open Bank Accounts Independently
The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently.
-
Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
-
RBI Cuts Repo Rate For 2nd Time To 6%. Here's What It Means
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, bringing it down from 6.25% to 6% - a move expected to ease borrowing costs for individuals and businesses.
-
"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
-
RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
Reserve Bank of India cuts key lending rate by 25 basis points to 6% as Trump tariffs kick in
-
Sensex, Nifty Open In Red Ahead Of Repo Rate Announcement
Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector.
-
An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
-
RBI Imposes Rs 75 Lakh Penalty On HDFC Bank For Breach Of Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on HDFC Bank, the country's largest private sector lender, for not complying with directions in the RBI's Know Your Customer (KYC) master direction, according to officials.
-
ATM Withdrawals To Get Costlier From May 1: Check New Charges
While the financial transactions get expensive by Rs 2, the non-financial transactions, such as balance inquiries, will cost an extra rupee from May 1.
-
This Government Bond Made Investors Rich By Nearly 200% In 8 Years
Investors in the Sovereign Gold Bond (SGB) 2016-17 Series IV and 2019-20 Series IV are set for significant returns, with the Reserve Bank of India (RBI) announcing the final redemption price.
-
"Monitoring Closely": RBI On IndusInd Bank's Rs 2,100 Crore Accounting Lapse
RBI confirmed that the bank remains well-capitalised and there is no cause for concern among depositors.
-
RBI Imposes Rs 76.6 Lakh Penalty On Four Entities
The Reserve Bank on Friday said it has imposed Rs 76.6 lakh penalty on four non-banking financial companies for non-compliance with certain provisions of its directions related to 'peer-to-peer lending platform'.
-
Long Queues Outside Mumbai's New India Co-op Bank After RBI's Restrictions
The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.
-
What Nirmala Sitharaman Said On India's Increased Gold Accumulation
India's rising gold reserves are not intended to replace any international currency, said Finance Minister Nirmala Sitharaman in Lok Sabha.
-
NDTV Explainer: What Is RBI's Bank.in Domain, Rolled Out To Fight Financial Fraud
The Institute for Development and Research in Banking Technology (IDRBT) will be the exclusive registrar for the new domain.
