Reserve Bank Of India

SBI raises FD rate on select short-term maturity up to 75 bps

May 16, 2024

SBI raises FD rate on select short-term maturity up to 75 bps

Senior citizens would be eligible for additional 50 basis points on the revised rates.

May 03, 2024
Kerala police team detained in Andhra with Rs 2,000 crore, released after 4 hours

The trucks coming from Kerala were headed to the regional office of the Reserve Bank of India (RBI) in Hyderabad.
April 25, 2024
RBI bars Kotak Bank from onboarding customers online, issuing fresh credit cards

The bank shall continue to provide services to its existing customers, including its credit card customers.
April 05, 2024
RBI retains repo rate at 6.5 pc for 7th consecutive time

The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.
April 02, 2024
Explained | RBI’s 90th anniversary

PM Modi releases a commemorative coin to mark 90 years of the RBI
March 01, 2024
To reduce dependency, Paytm, Paytm Payments Bank to discontinue inter-company pacts

The shareholders of PPBL have agreed to simplify the shareholders agreement to support PPBL's governance, independent of its shareholders
February 26, 2024
Paytm founder Vijay Shekhar Sharma steps down from board of payments bank

The RBI had asked Paytm Payments Bank to wind down operations by March 15 due to persistent non-compliances and continued material supervisory concerns.

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