RBI Hikes Repo Rate to 5.50%: FY27 Growth Forecast Raised to 7.1%
The Reserve Bank of India (RBI) has changed its monetary policy direction, raising the repo rate by 25 basis points to 5.50% while simultaneously...
RBI Fines CIBIL, Equifax, and CRIF High Mark: What It Means for Your Credit...
Imagine studying hard for an exam, only to find out the teacher made mistakes while grading your paper. Frustrating, right?
Something similar happens in the...
Bank Holidays in December 2025: Review the complete list of days the bank will...
As December 2025 commences, banking clients throughout India are advised to be aware of several holidays designated for banks this month. Based on the...
RBI Consolidates 9,445 Circulars into 244 Master Directions: A Historic Regulatory Clean-Up
In one of the largest regulatory simplification exercises in its history, the Reserve Bank of India (RBI) has completed a massive consolidation of its...
RBI Eases Digital Banking Rules: Banks Can Launch New Channels Without Approval
The Reserve Bank of India (RBI) has updated its rules about digital banking channels (like mobile apps and online banking).
Important Features of the Updated...
Credit Scores Will Now Update Every 7 Days – RBI
Reserve Bank of India has proposed a major change under which credit scores will be refreshed roughly every 7 days instead of the current...
RBI Reschedules Money Market Holiday as Eid Holiday Shifted to September 8 in Mumbai
The Government of Maharashtra has officially rescheduled the public holiday for Eid‑e‑Milad in Mumbai city and its suburbs, moving it from Friday, September 5, 2025 to...
RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures
RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
Regulatory Breach Costs ICICI Bank ₹75 Lakh as RBI Tightens Oversight
The Reserve Bank of India (RBI) has imposed a hefty penalty of ₹75 lakh on ICICI Bank Limited for non-compliance with key regulatory guidelines related...
RBI Withdraws ₹2 Lakh Crore From Banks Through 7-Day VRRR To Manage Liquidity
The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction to absorb extra money from the banking system. The auction...
