In a major push for the cooperative banking sector, the Reserve Bank of India (RBI), along with the central government, has announced a fresh set of reforms. The goal is clear — make cooperative banks stronger, more reliable, and more digitally connected. These steps are expected to improve credit flow, boost depositor confidence, and expand … Read more
India’s largest bank, State Bank of India (SBI), has warned its customers that banking services may be disrupted on February 12 due to a nationwide bank strike. According to Reuters and other news agencies, major banks such as SBI and IDBI have received official strike notices from bank unions. Although the Reserve Bank of India … Read more
Bank of Baroda (BoB) has announced a reduction in car loan interest rates, effective immediately. The bank has lowered rates by 30 basis points, making car loans more affordable for buyers. The floating interest rate now starts at 7.60% per annum, down from 7.90%, while the fixed interest rate begins at 8.50% per annum. These … Read more
Punjab National Bank (PNB) is one of India’s leading public sector banks. Like other government banks, it offers safe and reliable fixed deposit (FD) options with assured returns. Recently, after the RBI reduced the repo rate by 1.25%, many banks revised their FD interest rates. Punjab National Bank has also updated its rates. Even after … Read more
India is set to change the way banks pay for deposit insurance. Instead of the old flat-rate system, the Reserve Bank of India (RBI) will now determine premiums based on each bank’s risk profile. The goal is simple: banks that manage risks well will pay less. Starting April 1, this new system will be implemented … Read more
Fixed deposits remain one of the safest and most preferred investment options for senior citizens. With interest rates changing from time to time, many retirees are closely tracking FD returns. Recently, the RBI kept the repo rate unchanged at 5.25%, which means banks are not expected to cut FD rates immediately. However, since the repo … Read more
The Reserve Bank of India (RBI) has announced its latest policy decision after the Monetary Policy Committee (MPC) meeting. The RBI Governor confirmed that the repo rate will remain unchanged at 5.25 percent. Last year, the RBI had reduced the repo rate by 1.25 percent. While this made loans cheaper, fixed deposit (FD) interest rates … Read more
The Reserve Bank of India (RBI) has released draft guidelines for trading in corporate bond index derivatives and Total Return Swaps (TRS). These steps were announced earlier in the Union Budget by Finance Minister Nirmala Sitharaman to strengthen and deepen India’s corporate bond market. According to the RBI, a well-functioning derivatives market can help manage … Read more
The Reserve Bank of India (RBI) has proposed major regulatory relief for a specific category of non-banking financial companies (NBFCs). The move is aimed at reducing compliance pressure on low-risk entities while supporting easier business operations. These changes reflect the RBI’s confidence in the sector’s financial strength and its intent to fine-tune rules based on … Read more
The Reserve Bank of India (RBI) has announced a major relief for micro, small and medium enterprises (MSMEs) by increasing the limit for collateral-free loans. The move is expected to make it easier for small businesses to borrow from banks and grow their operations. This decision comes at a time when many MSMEs are struggling … Read more
The Reserve Bank of India (RBI) made several important announcements during its Monetary Policy Committee (MPC) meeting in February 2026. One major focus was strengthening consumer protection in digital payments. A key decision is the creation of a new framework for fraudulent transactions. Under this system, if a customer falls victim to fraud, the stock … Read more