India’s retail inflation, as measured by the Consumer Price Index (CPI), fell to 4.31 per cent in January 2025, down from ...

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

With its latest budgetary earmark announced on , India’s defense establishment can expect another year of limited military ...

RBI lifts business restrictions on Kotak Mahindra Bank after successful remedial action, allowing digital onboarding and credit card issuance.

The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...

From Nifty's sixth straight loss today to industrial production growth slowing to the latest US inflation data, we’ve got all ...

While banks will be closed in the affected states, digital banking services like UPI, internet banking, and mobile banking ...

The bank was directed to cease and desist from onboarding new customers through its online and mobile banking channels, and ...

In an effort to bolster cyber security, banks and non-banks in India are to given exclusive internet domains. The Reserve Bank of India announced on February 7 that it would be introducing the ...

The Reserve Bank of India has allowed the use of pre-sanctioned credit lines through UPI, extending this feature to Small Finance Banks. This development aims to offer instant short-term credit ...

The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...

The Reserve Bank on February 12, 2025 decided to lift the aforementioned restrictions placed on Kotak Mahindra Bank Limited.