The RBI on Thursday brought start-ups under the priority sector lending (PSL) category as it looked to encourage bank investment in this segment. The surprise move from the central bank comes after t...

Individuals can now borrow more against their gold jewellery. The RBI on Thursday raised the loan-to-value (LTV) ratio in gold loans for non-agricultural purposes to 90 per cent from 75 per cent...

The RBI has cut the repo rate by a cumulative 115 basis points this year on top of a 135-basis-point-reduction last year. Das said the MPC chose to hit the pause button to allow commercial banks to pl...

The RBI has reduced the amount of capital that banks must set aside while putting money in debt mutual funds and debt exchange-traded funds (ETFs). According to the current guidelines, if a bank hold...

The RBI on Thursday conceded to a major demand of banks labouring under the burden of a moratorium scheme and announced a one-time loan restructuring mechanism. This facility will be available to adv...

The Reserve Bank of India on Thursday decided to keep interest rates unchanged, forecast negative real GDP growth for the year and braced for elevated inflation in the second quarter. The RBI signall...

The central bank on Thursday said that banks will not be allowed to open new current accounts for customers who have already availed themselves of credit facilities in the form of cash credit or overd...

The Reserve Bank of India (RBI) on Thursday opted for a status quo and left interest rates unchanged, but maintained an accommodative stance, implying more rate cuts in future if the need arises to su...

Sir — The claim of the governor of the Reserve Bank of India, Shaktikanta Das, that the Indian economy is recovering after the easing of the lockdown is not convincing as data from the banking s...

Kapil Gupta, economist at Edelweiss, expects the MPC to reduce the repo rate by 25 basis points as growth remains weak, India’s unlocking is slow and RBI’s own forecast indicates rising as...