News

The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting ...
Weve now entered the second half of June, and more state-specific bank holidays are lined up later in the month. According to ...
The Reserve Bank of India is set to tighten rules under its Liberalised Remittance Scheme, targeting foreign currency deposits with lock-in periods. The move aims to curb passive wealth shifting and ...
While physical branches will see minimal disruption during the week of June 16–22, staying informed about upcoming regional closures can help customers better plan their financial activities.
Banks cautious on vehicle loans due to EV resale value uncertainty, rising delinquencies, and demand slowdown, impacting ...
Tamil Nadu Money Lending Entities Act aims to prevent coercive loan recovery, protecting vulnerable groups; penalties for ...
The move was driven by optimistic sentiment following the Reserve Bank of India's (RBI) interest rate reduction.
Set to borrow Rs 17,400 cr in first quarter of 2025-26, surpassing budget projections. Despite initial plans for Rs 14,000 cr ...
Bank holidays in India can vary across states due to different regional and cultural celebrations. While weekend closures apply uniformly, other holidays are observed based on each state’s calendar.
The RBI alone will transfer a record ₹2.7 trillion in surplus to the Centre for 2025-26, which is even higher than the latest ...
Following the RBI's repo rate cut, SBI has reduced its key lending rates by up to 0.50%, effective June 15, 2025. The ...
Bank holidays next week, June 16-22: Banks will be closed for a day across India in the upcoming week, according to the ...