The Reserve Bank of Indias (RBI) while announcing its fifth bi-monthly monetary policy of FY25, today, December 6 decided to keep the benchmark repo rate unchanged at 6.5% for the eleventh straight ...
Governor Shaktikanta Das announced measures to address unclaimed deposits by segregating beneficiary accounts through Direct Benefit Transfer (DBT). The RBI also increased interest rate ceilings on ...
The Reserve Bank of India (RBI) lowered the cash reserve ratio (CRR) by 50 basis points to 4% to address expected liquidity tightness. The cut, implemented in two 25bps tranches, will release ₹1.16 ...