RBI
RBI's Bank Rate down 50 bps at 9 per cent since April
05 Jun 2012
This measure will increase banks’ liquidity as a lower Bank Rate reduces the amount banks have to give as penal interest on any shortfall of their reserve requirements
Cut in RBI rates likely this month
04 Jun 2012
There is leeway to cut interest rates because of declining production and lower crude prices, the central bank’s deputy governor Subir Gokarn says
RBI lets banks set norms for deposit foreclosure
28 May 2012
RBI hikes forex deposit rates to check outflows
04 May 2012
Currency traders, however, do not expect the move to help stem further near-term weakness of the rupee
RBI mandates ‘account portability’ between bank branches
28 Apr 2012
RBI has asked banks to allow ‘intra-bank account portability’ in cases where full KYC details of the account-holder have already been ascertained previously
RBI cuts Bank Rate by 50 bps to 9 per cent
26 Apr 2012
RBI ends penalty on prepayment of home loans
18 Apr 2012
Home loan borrowers will now find it easier to switch banks to avail of better rates, as the RBI has stopped banks from levying a prepayment penalty on floating home loans
RBI cuts repo rate by a sharp 50 bps
17 Apr 2012
RBI today cut its repo rate by a sharp 50 basis points, bringing it down to 8 per cent, but left the CRR unchanged at 4.75 per cent, warning that the scope for further cuts was limited
RBI dashes hopes of an easy money policy
16 Apr 2012
The Reserve Bank of India (RBI) has dismissed the likelihood any big reduction in policy rates, saying the upside risks of inflation still persisted
Allow customers to use electronic payment: RBI
14 Apr 2012
RBI leaves policy rates unchanged on Budget eve
15 Mar 2012
Having cut the cash reserve ratio (CRR) by 0.75 percentage points last week, the Reserve Bank of India kept its policy rates unchanged in its mid-quarter monetary policy review on Thursday
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
