Tag: Reserve Bank of India
Banks to compensate customers up to Rs 25,000 for losses fraudulent transactions
Key TakeawaysThe RBI will launch a framework to compensate customers up to Rs 25,000 for losses due to fraudulent transactions.The RBI will propose three...
RBI keeps repo rate unchanged, maintains ‘neutral stance’ amid benign inflation
Key TakeawaysThe RBI maintained its neutral stance on repo rate, citing a benign inflation outlook and resilient domestic growth.The current repo rate remains unchanged...
EEPC India calls for cheaper export finance, sharing US tariff burden
Key TakeawaysEEPC India calls for cheaper export finance to mitigate loss and support MSME exporters.The engineering sector is vulnerable to US tariffs, with India's...
‘Global economy going through a period of exceptional uncertainties’: RBI
Key TakeawaysThe RBI reduced the key lending rate by 25 basis points, aiming for non-inflationary growth in a period of exceptional uncertainties.The Indian economy...
RBI cuts repo rate by 25 basis points to 6 per cent, relief for homebuyers
Key TakeawaysThe Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6 per cent, providing relief for homebuyers...
Urban Cooperative Banks must maintain high standards of customer service: RBI Governor
Key TakeawaysUrban Cooperative Banks must maintain high standards of customer service to build trust with depositors.UCBs must ensure resilience against IT and cyber frauds...