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Tuesday, Jun 17, 2025
India's retail inflation slipped to 3.6 percent in February.
The tenure of Das will be "co-terminus" with the term of the prime minister or until further orders, whichever is earlier.
Term deposits rose by 14.3 per cent (year over year) as compared to 5.1 per cent growth in saving deposits in December 2024.
This is expected to benefit all customers, as April 1 is a bank holiday for the annual account closing day.
This was the first MPC by the new RBI Guv Sanjay Malhotra
11 people were also dead following a mass shooting i
The Centre has repeatedly expressed concerns that high interest rates stifle economic growth.
The RBI circular notes that cooperative societies' use of banks violates Section 7 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies).
The currency ended the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets.
Up to two individuals can be nominated for lockers which are jointly operated.
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