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Reserve Bank Of India News

PAGE 6

Message to RBI in inflation numbers

Barring any large supply-side shocks in the food economy, analysts believe inflation should be close to RBI’s target in the next fiscal year which will begin from April (HIndustan Times)

Published on Mar 16, 2025, 7:53 PM IST

RBI issues statement on ₹2,100 crore accounting error at IndusInd Bank

IndusInd Bank disclosed to exchanges on March 10 that it had uncovered accounting errors worth 2,35% of the bank's net worth as of December 2024, which equated to about <span class='webrupee'>₹</span>2,100 crore.

Updated on Mar 16, 2025, 8:36 AM IST

Holi 2025 Bank Holiday: Are banks closed on March 13 or 14 for Holi | Details

Holi 2025 Bank Holiday: Read on to know which bank services will be available as branches remain closed.

Updated on Mar 13, 2025, 9:42 AM IST

HC directs RBI to accept demonetised notes citing procedural delay

The Bombay high court recently directed the Reserve Bank of India (RBI) to accept old demonetised bank notes from a group of people, whose currency notes had been seized by the Income Tax department during a raid soon after the demonetisation policy was announced. (Shutterstock)

Published on Mar 10, 2025, 8:52 AM IST

Housing societies also affected by New India Coop Bank curbs

Mumbai, India - March 9, 2025: Voice of Victim's program organized in Mira Road for the depositors of New India Cooperative Bank, banking expert Vishwas Utgi provided guidance to the attending depositors in Mumbai, India, on Sunday, March 9, 2025. (Photo by Satish Bate/ Hindustan Times) (Hindustan Times)

Published on Mar 10, 2025, 8:50 AM IST

Are banks opened or closed on March 8? Check details

Banks are usually open on the first, third, and fifth Saturdays (if any) of a month

Published on Mar 8, 2025, 12:38 PM IST

Shift in policy after Sanjay Malhotra became RBI Governor weakened rupee: Report

A depreciation in the Indian rupee's value was attributed to a shift in policy by the RBI, a report has claimed.

Published on Mar 1, 2025, 1:21 PM IST

HC raps RBI, Union Bank over bypassing of rules to declare Ambani account “fraudulent”

HC raps RBI, Union Bank over bypassing of rules to declare Ambani account “fraudulent”

Published on Mar 1, 2025, 7:12 AM IST

'Apply some mind: HC to banks on Anil Ambani's plea

Anil Ambani had filed a plea challenging Union Bank of India's order declaring his account 'fraud'.

Published on Feb 28, 2025, 6:51 PM IST

HC rejects petition seeking transfer of bonds to wife after Jain man takes sanyas

A Jain Diksha ceremony in progress. (Photo for representation) (Hindustan Times)

Published on Feb 28, 2025, 9:10 AM IST

EOW: New India Co-op Bank stashed ₹133 crore in illegal cash hoard

Thane, India - February 15, 2025: New India cooperative bank account holders are seen outside the bank, after the RBI imposed restrictions, India, on Saturday, February 15, 2024. (Praful Gangurde /HT Photo)

Published on Feb 26, 2025, 8:18 AM IST

Kerala Congress reacts after Preity Zinta slams party over ₹18 crore loan claim

Preity Zinta strongly refuted the claims, calling them “fake news” and slamming both the Kerala Congress and media outlets for spreading misinformation. (Instagram/ Preity Zinta)

Updated on Feb 25, 2025, 6:11 PM IST

RBI’s financial literacy week commences

During the course of the week the Reserve Bank, in collaboration with banks and other stakeholders will organise awareness programs and outreach activities across the country. (iStock)

Published on Feb 25, 2025, 7:00 AM IST

Former RBI governor Shaktikanta Das appointed as 'Principal Secretary-2' to PM

Former RBI governor Shaktikanta Das

Updated on Feb 22, 2025, 9:15 PM IST

Ex-CEO of New India Co-Op Bank arrested in ₹122 crore embezzlement case

The former General Manager and Head of Account of New India Cooperative Bank has been booked by the Mumbai Police.

Updated on Feb 21, 2025, 4:54 PM IST

India cancels sale of ₹26,000 crore worth of treasury bills amid tight cash

FILE PHOTO: Indian Rupee notes are seen in this picture illustration taken in Mumbai June 12, 2013. REUTERS/Vivek Prakash/File Photo

Published on Feb 20, 2025, 4:57 PM IST

Calcutta high court criticises CBI for stand on 2022 bank case in Bengal

A view of Calcutta high court (HT File Photo)

Updated on Feb 17, 2025, 9:00 PM IST

New India bank customers mull long road ahead, file complaint

Banking experts Vishwas Utgi (left) and Bhushan Thakur addressed depositors in Goregaon on Sunday. (Satish Bate/ HT photo)

Published on Feb 17, 2025, 7:16 AM IST

New India Cooperative Bank’s GM arrested for siphoning off ₹122 crore

Mumbai, India - Feb. 15, 2025:Hitesh Mehta, the general manager of New India Cooperative Bank, detained by EOW dept and brought to CP Office after medical, in Mumbai, India, on Saturday, February 15, 2025. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)

Published on Feb 16, 2025, 6:44 AM IST

Ex-GM of New India Cooperative Bank, banned by RBI, 'cheated' bank of ₹122 crore

The former General Manager and Head of Account of New India Cooperative Bank has been booked by the Mumbai Police.

Published on Feb 15, 2025, 3:22 PM IST

New India Co-operative Bank customers panic after RBI imposes restrictions

Updated on Feb 14, 2025, 4:43 PM IST

Saturday bank holiday: Are banks open or closed on February 15? Full month list

Saturday bank holiday: Banks are usually open on the first, third, and fifth Saturdays (if any) of a month

Published on Feb 14, 2025, 11:28 AM IST

No bank holiday on March 31 for Ramzan-Id (Id-Ul-Fitr) | See full details

No bank holiday on March 31: Before the announcement, March 31 was supposed to being a public holiday in many states except Himachal Pradesh and Mizoram for the occasion of Ramzan-Id (Id-Ul-Fitr).

Updated on Feb 14, 2025, 11:13 AM IST

UPI transactions to see changes from February 15: What are they?

NPCI has instituted changes related to UPI transactions which will be effective from February 15

Published on Feb 12, 2025, 1:00 PM IST

Rupee plunges to all-time low of 87.94 against US dollar, may worsen: Reports

The RBI cut the benchmark repo rate by 25 basis points (BPS) to 6.25% from 6.5% earlier last week and the US dollar also continued to show strength, putting pressure on the rupee.

Updated on Feb 10, 2025, 10:14 AM IST

FM Nirmala Sitharaman says income tax, RBI rate cut to boost economy: Report

Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday, Feb. 2, 2025.

Published on Feb 8, 2025, 5:11 PM IST

RBI cuts key policy rate for first time in 5 years

Updated on Feb 8, 2025, 4:14 AM IST

RBI to delay digital deposit buffer mandate for banks by a year, says governor

Published on Feb 7, 2025, 3:25 PM IST

'Bank.in, fin.in': RBI announces new domains to curb cyber fraud

The Reserve Bank of India (RBI) seal on a gate outside the RBI headquarters in Mumbai.

Updated on Feb 7, 2025, 2:10 PM IST

RBI offers ₹2,650 cr for new office plot at Nariman Point

RBI offers <span class='webrupee'>₹</span>2,650 cr for new office plot at Nariman Point

Published on Feb 5, 2025, 8:10 AM IST

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