RBI Monetary Policy: Repo rate hiked up, GDP, inflation forecast unchanged

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Highlights of RBI Monetary Policy: Governor Shaktikanta Das-led Monetary Policy Committee (MPC) on Friday raised the repo rate by 50 basis points (bps)...

Axis Bank eyes profitability in priority sector lending, ties up with Paynearby

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In order to make priority sector lending a profitable business, Axis Bank, India's third largest private sector lender, plans to grow its PSL book...
public sector banks

The Good & Bad Side of Bank Privatisation in India

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After the concept of Bank Nationalisation was conceptualized by Indira Gandhi in 1969, bank privatisation took place under PV Narasimha Rao's government in 1991,...

HAU Hisar witnessed the application of 50 bank managers shockingly!

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Chaudhary Charan Singh Haryana Agriculture University (CCSHAU), Hisar, has released the latest notification for recruiting Assistant Scientist, accountant officer, principal campus school, Chief security...

Merchants association flags readiness for tokenisation

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One of the many top world service providers has raised concerns about the feasibility of creating recurring funds with obligatory tokens as of October...
With Inflation Easing, Russian Central Bank Reduces Rate by 200 Basis Points

With Inflation Easing, Russian Central Bank Reduces Rate by 200 Basis Points

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The Russian central bank has cut its main interest rate by 2% ( 200 basis points), bringing it down to 18%. This move was...

RBI Keeps Repo Rate Unchanged in Latest MPC Meeting

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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) met from August 4 to August 6 and made an important decision...
Survey By Moneycontrol and Deloitte

Indian Business Leaders Predict RBI to Cut Repo Rate Soon: Finds Moneycontrol-Deloitte Survey

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A survey by Moneycontrol and Deloitte asked 45 top business leaders in India what they think the Reserve Bank of India (RBI) will do...
RBI announced Shri Indranil Bhattacharyya as a New Executive Director

RBI announced Shri Indranil Bhattacharyya as a New Executive Director

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Shri Indranil Bhattacharyya is appointed as a New Executive Director by RBI, starting March 19, 2025. Highlighted points of the announcement: Role of Shri Indranil...

The Community Reinvestment Act (CRA) has been updated and modernized by the agencies

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A final rule was approved by the FDIC Board on October 24, 2023, which was issued in collaboration with the Federal Reserve and Office...