Tag: Reserve Bank of India (RBI)

RBI Announces ₹32,000 Crore Underwriting Auction for Government Bonds

"The underwriting auction will be conducted through a multiple price-based method on July 4, 2025 (Friday). PDs may submit their bids electronically via the E-Kuber system," the RBI stated.

July 4, 2025

Bank Lending Rates Ease Further in May, Reflecting RBI’s 100 bps Repo Cut

The weighted average lending rate (WALR) on fresh rupee loans fell to 9.20% in May, down from 9.26% in April, as per the RBI’s latest figures.

July 2, 2025

RBI Slashes Repo Rate by 50 Basis Points to 5.5% Amid Easing Inflation

“The MPC has recommended a 50 basis points reduction in the policy repo rate to 5.5%, effective immediately,” Malhotra stated during his address.

June 6, 2025

RBI May Cut Repo Rates by 75 bps in 2025 Amid US Dollar Weakness: Jefferies

"US dollar weakness has created real room to cut rates for both Bank Indonesia and the Reserve Bank of India," Jefferies noted.

May 30, 2025

RBI Cuts FY26 GDP Forecast to 6.5% Amid Global Trade Pressures, Sees Strong Domestic Momentum

“The real GDP, as you are all aware, is expected to grow at 6.5% this year, following last year’s strong 9.2% performance,” said Malhotra.

April 9, 2025

RBI to Announce Policy Rates Today Amid Split Forecasts on Rate Cuts

While the last policy meet in February saw a 25 basis point (bps) cut, bringing the repo rate down to 6.25%, the outlook for today’s decision remains divided.

April 9, 2025

India’s GDP Doubles to $4.2 Trillion in a Decade: IMF Report

The IMF also highlighted that India's real GDP growth rate for the current year is 6.5%, reflecting strong and stable economic expansion.

March 26, 2025

Government Considers Raising Deposit Insurance Limit Above Rs 5 Lakh: Official

The deposit insurance scheme, introduced in India in 1962, ensures that eligible depositors are compensated up to a certain limit in case of bank failures.

February 17, 2025

RBI’s Gold Purchases Not Aimed at Replacing the Dollar for International Settlements: Sitharaman in Lok Sabha

Sitharaman acknowledged that gold remains a popular investment in India, particularly among households, small businesses, and women.

February 10, 2025

RBI Launches ‘.bank.in’ Domain to Combat Digital Frauds, Expands Digital Security Measures

Malhotra revealed that the RBI will implement the '.bank.in' domain for Indian banks starting April 2025.

February 7, 2025