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
March 31 is the last day of the financial year and one of the busiest days for banks and government offices. Important work like tax payments, government transactions, subsidy transfers, and final account settlements happens on this day. Keeping this in mind, the Reserve Bank of India (RBI) has taken an important decision for March … Read more
February is set to be disruptive for daily life as multiple sectors across India prepare for nationwide strikes. From ride-hailing services to banks and government offices, several essential services may be affected on different dates. If you rely on app-based transport or banking services, it’s important to know what’s coming and when. Ola, Uber and … Read more
The Reserve Bank of India (RBI) has canceled the bank holiday that was earlier planned for Tuesday, March 31, 2026. Earlier, banks were supposed to remain closed on this day due to Mahavir Jayanti in some states. However, according to the RBI’s new order, banks will now remain open on March 31, 2026. This means … Read more
BOBCARD and Etihad Airways have jointly launched new credit cards in India. These cards are designed especially for people who travel abroad frequently. BOBCARD Limited is a wholly owned subsidiary of Bank of Baroda. BOBCARD has introduced two co-branded credit cards in partnership with Etihad Airways. Both cards run on the Mastercard network and focus … Read more
The Indian government is reportedly moving forward with its plan to consolidate public sector banks, with Union Bank of India and Bank of India preparing for a potential merger. Sources suggest that due diligence and internal planning are already underway, and the deal could be finalized by the end of 2026. Creating One of India’s … Read more
ICICI Bank has announced major changes for its credit card users. These new rules will come into effect from 1 February 2026. The changes will mainly affect customers who use credit cards for movie tickets, transport, insurance payments, online gaming, and wallet recharges. While some benefits will continue, many features will be discontinued, and some … Read more